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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

Comment by RedSoxon Jun 27, 2015 8:39am
148 Views
Post# 23873787

RE:RE:RE:RE:RE:Management What are you doing??

RE:RE:RE:RE:RE:Management What are you doing??I think anyone here can understand your frustration after all we all invest to make money. I am with you in my frustrations but this is when we have to evaluate things and keep an open dialogue with the company. The two things that are for certain are these...  synodon has a one of a kind PROVEN technology that will be absolutely needed by any and all companies who transport their oil via underground. The other thing that is for certain is that synodon needs money and this is how they get it. Rights offerings, equities offerings etc.  I have found myself very frustrated with this plummet in the share price and then I stepped back and re evaluated things. I asked myself many questions and realized nothing has changed with this company intrinsically, they are more valuable now and have grown more at 6 cents then when they were trading at 47 cents. The business is growing and they are becoming the global authority in the industry. This is not a stock for day traders or people looking to turn a quick profit. This is a growth investment for the long haul and something that will eventually pay off. It is a huge risk but unlike mining stocks that Brent cook buys where everyone is investing on a hope and a good drill result this company has a tangible product and money it is producing. Right now running one instrument at full capacity synodon will be in break even mode. With a second instrument they will be a profitable company. What we are experiencing now with the crappy share price are growing pains and something that is necessary in order to achieve the long term results we all want to see. The risk here is great but so is the reward. I think it is important to have an open dialogue with the people at synodon.  There was a time when their investor relations was terrible and this caused people to liquidate but you will find now that management has really made it a priority to be available to the investor.  So if you have concerns, pick up then phone and call. Ranting on a message board will not answer any of our concerns or give us a clear picture into the company. I personally am going to plan on visiting the company in Canada to get a hands on look into the business. I think that will go a long way.
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