Place sugar, butter, milk, orange juice, and corn syrup in a 4 quart sauce pan over medium high heat. Stir occasionally and bring to a boil. Boil for 1 minute while constantly stirring. Remove from heat and stir in extract and baking soda. It will bubble/fizz. Serve warm over pancakes, waffles...
Store in a jar in the fridge for up to 2 weeks... if you don't eat it before then.