Snipp Interactive Inc SNIPF

Just some thoughts...

[francoisl13]

It's been a long time since I've posted somethingon this board. Was reading you guys, pretty good quality posting. I said, many moons ago, that I was going to keep my shares for as long as SPN was showing positive EBITDA, it was a good decision.
Sales are moving up and the clients base is growing, the 10MM+ Q4 backlog is amazing and shows how SPN is gaining traction in different markets. I like the 'slow moving' pace because , one day, the market will wake-up and the SP will just sky rocket.
Kind to agree that we need to have better and greater exposure to the US retail market.
Can't wait for them to announce a new deal involving Gambit & a big player like Red Bull (or others).
GLTA

[Maggs]

They are accumulating finance/wall street guys with Richard & Patrick who are running Gambit and Brian Tunick. So essentially insiders who will help Snipp navigate the process of moving from these god awful exchanges to someplace where they belong. All those guys know that their payday is gonna come from holding stock and just focusing on their jobs. As a very profitable company with growing

[Partwaythere]

I enjoy reading insigths; but what is happening? I get why someone bid 16.5 cents BUT who is selling at this price point? I'm certainly not in a position to retire if SP hits $0.75 or $1.00 but I cannot believe with the gains Snipp has made over the last 2 years the SP avg. $0.22 - $0.28 for awhile; hit a high at $0.30 (0.32?) for a week or so and now back below 0.20 cents. Man I hope some

[tannin]

Cannot imagine any punter stupid enought to short SPN......think it's the mkt for hi tecs, which has taken a big hit, and some backing and filling after the strong run up. There are always people who sell, for any number of reasons; what's been missing is on the buy side imo, with the hi tec swoon dissuading potential investors.....we're both hi tec, and small'ish. However, in fact

[stockpickerone!]

Tend to agree - spoke with atul the and he was totally distracted. Almost felt bad tryign to get him to speak to me..usually he replies in like a minute but this time it took me two emails and when he did he apologized profusely saying he was just slammed. he said that they just dont have time to issue PR as his team is heads down on things. Felt really good speaking to him but at the end of the

[Maggs]

Investors hate uncertainty and lack of communication. If that is the way they are going to go, that will hurt them quite a bit as we can clearly see. Especially trading on the Venture and the Pink sheets. They don't even update their website very much anymore unless it's the blog section which they seem to post quite regularly.  At least we know the CEO is busy and working unlike

[stockpickerone!]

I think it's dumb not to communicate. When they did market rewarded them. Now they stopped and market is not! So obvious just look at the history.  No one is asking the ceo to do the work to do releases but surely they have a finance team or marketing team that can do this and allow him to focus on other important aspects. Seems strange they can't figure out how to do simple PRs

[donlin2]

Being at present, a half glass empty kind of guy I'm hoping that Atul's heads down is all positive.  A lot of irons in the fire so hopefully he's behind the fan and not in front.   You never know, a lack of PRs may be an indication of a slow quarter, other than Gambit of course.

[sportsman80]

Lack of communication is the norm for Snipp, we got spoiled with weekly PR's when they were trying to get the share price up for the Gambit transaction.  Now that is done and we are back to waiting and hoping.

[Maggs]

All these different points are correct. It's not that hard to communicate. Nor is it time consuming or expensive. So if we are being objective without bias, it's a very negative development. If you are a CEO who has positive information to share or simply information on the state of business, you get it out to your investors.  Any other way of looking at that goes contrary to normal

[tannin]

Delighted they're busy busy, and much prefer time spent on customers than us. Companies that issue nr's for every move made or drill hole started are NOT advertising strength. Forget about day to day sp, not important...think about strong sales, rising earnings, investors who avoid risk coming on board, great quarterly reports that are strong enough that shareholders stay for the next

[Maggs]

I am one who would like to buy more stock in the company but I don't because I don't have any clarity or information on Gambit. There has been zero transparency on that front and not a word from the company. That is on them, not me. I would imagine there are others who are sitting and waiting for some real information on Gambit as far revenues/profits/losses ect. Why do we not have that

[stockpickerone!]

FYI There is a link on the investor section with both the ceos sitting down and discussing the business rationale as well as some numbers around Gambit if i remember.  The reason i stay (but have not added in a while) is coz these guys have always come through during my window of association with them. Maggs you have a longer perspective. I do feel comfortable with the effort they make

[donlin2]

Received this today from Amy ........ not sure how recent it is but it gives some perspective on the Gambit acquisition.   Doesn't provide reality just potential ........ but it is communcation at some level.   THis might be old news to you but it is what it is. GAMING AMERICA spoke with Richard Pistilli, Founder and CEO of Gambit Rewards, following its acquisition by Snipp

[stockpickerone!]

Yeah saw that. Just some random interview. Need numbers. Who is interested in gambit. Why was it worth the $5mm of dilution. Surely there is a plan that they are working on! (Or atleast I hope so!) 

[donlin2]

Agree, I hope it's more than just a stab into the betting world.     I hate to admit but not sure how SNP is making revenue on this.    The obvious is their existing customer base now has a betting side in using loyalty points.  If this is the case, additional revenue could be long term versus short.  I'm sure I could be overlooking another obvious so pls

[sportsman80]

The easiest source of revenue from owning gmbit is that if a client uses it as a reward option for a program Snipp can run the program without having to pay for the rewards making the program more profitable.

[stockpickerone!]

a. Like any casino they make money from selling chips to gamble with! So when you exchange 100 loyalty points for $10 worth of gambit tokens (see swagbucks) thats their $10. The loyalty company pays gambit that $10 just like it would the $10 starbucks gift card you might have taken with your points  had you selected that.  b. They make money as pointed out by sellign gambit incentives