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Synodon Inc SYXXF

Synodon Inc. (Synodon) is a Canada-based company focused on providing aerial integrity management solutions for oil and gas pipeline operators. The Company has developed a remote gas sensing instrument called realSens that is capable of detecting ground-level hydrocarbon gas occurrences from an aircraft flying at an altitude of approximately 300 meters (approximately 1,000 feet). The instrument contains a high definition photographic camera, a thermal camera, laser altimeter, global positioning system (GPS)/inertial navigation system (INS) system, on-board computer, control unit, power supply and an in-cockpit display system. It offers airborne pipeline integrity management services to operators of oil and gas pipelines, which include leak detection, pipeline threat assessment, Right-of-Way (R0W) change and slope analysis, tree canopy encroachment, water crossing analysis (including three-dimensional (3-D) water crossings analysis) and pipeline location classification services.


GREY:SYXXF - Post by User

Post by Boomerthecount1on May 21, 2014 12:46pm
236 Views
Post# 22582914

Patent

PatentThanks chinvestmenst for your clarification in regard with the patent .This is good news knowing that the company has enough time to focus on the financials not on running out of patent. This is a good technology  , but a good technology has to be combined with good financials .Looking at the financial statement the company has to focus on decreasing the expenses in sales and marketing  plus office , general and administrative . I found these expenses a little high. It is not so hard to get that under control with a company who has  7 employees. Right now, with the new revenue, they are on the right track. 
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