Synodon Inc SYXXF

RE:Management What are you doing??

[nostril]

I think the management are being really clever, and in some ways a lot fairer to shareholders than in other cases where private placements are used. It's a rights issue. So you can avoid getting diluted by exercising your rights. As long as you have the cash to invest (an amount approximately equal to half of your current investment), you can keep your share of the company. The management have indicated their intention to participate in the rights issue. So effectively they are saying to all other shareholders, we are going to back the company, now are you? I think they know that a lot of small investors will just choose not to participate. The management (and everyone else that participates) will then take a greater share of the company/upside. So, I think I will be exercising my rights. N.