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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 > Cautious Optimism
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Comment by redmantxon May 27, 2016 10:51pm
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Post# 24912435

RE:RE:RE:RE:Cautious Optimism

RE:RE:RE:RE:Cautious OptimismValid points thetechtroll. The company has been very opaque lately with their strategy and market position and there really should not be a reason for them to do that. If there are significant structural issues with the market, disclose them together with managements mitigation strategy. Would it damage the stock price by admiting issues? Sure, but there is more damage done by the approach the company has been using so far (this is a bit of a moot point now that the price is practically zero but could have been a potential conderation for them when deciding to stay opaque). I have no idea how they are going to turn around this company and I fear that the "strategic options" that they are seeking might not get any interest unless it is for a rock bottom price.. in which case we all lost our money anyway.
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