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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 shagharbouron Mar 03, 2015 9:28am
134 Views
Post# 23483491

ordered two new real sens instruments

ordered two new real sens instruments Is the financing for the additional realsens units, or will it be used for something else.
Synodons website doesnt give you any idea of what their arsenal of equipment is.
What they should be doing is make a profit consistenly for a few qtrs. and then  get
finnancing. 

I think another option here is a Joint Venture with a company that has deep pockets.

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