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Synodon Inc SYXXF

Technology Scientific & Technical Instruments
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

Synodon Inc > Building more realSens instruments
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Comment by rgishere79on May 21, 2014 3:12pm
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Post# 22583875

RE:RE:RE:Building more realSens instruments

RE:RE:RE:Building more realSens instruments
hasn't anyone heard of share dilution. The market cap as it sits is only 23 million. Adding 3 million dollars worth of shares is a fair bit. Short term is should not surprise anyone if it goes down to their offered price.
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