Synodon Inc SYXXF

Synodon 3rd Quarter MD&A

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Synodon's 3rd quarter financials are out.  Some highlights ; Revenues for the quarter more than doubled compared to last year.  Very interesting - Synodon and Suncor have jointly prepared a report showing off Synodon's "new and innovative" oil leak detecting capability, and will be showcasing the "importance" of this report at the International Pipeline Conference on October 2nd.  Also positive - they have been fully utilizing their Realsens instrument since July 1st and expect this to continue through to mid-November.  They explain that it's their 4th quarter reporting that will contain the bulk of this year's revenues and how YTD revenues have already exceeded revenues from all of last year.

There's a graph showing how their kilometres surveyed have increased from approximately 9,000 kms last year to approximately 27,000 kms this year.

It sure looks like Synodon is cranking it up and our patience about to be rewarded.  Exciting times ahead.....!

Have a great night all.

[CHINVESTMENST]

Just went over the financials posted on Sedar and they look great. The revenues are ridiculous compared to previous years and so are the contracts. Is this the tipping point that we've all been waiting for? Synodon might just go on a tear after the Q4s. I prohect the revenues of Q4 alone to be above 1milion. Great performance overall. Expenses increased a bit but are managable in the long run.