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Snipp Interactive Inc V.SPN

Alternate Symbol(s):  SNIPF

Snipp Interactive Inc. is a Canada-based Platform-as-a-Service company. The Company's modular SnippCARE (Customer Acquisition, Retention & Engagement) Platform allows its marquee list of clients and agencies and partners to use various modules of the Platform to run long-term and short-term programs and promotions, while continually generating and capturing zero party data that provides insights to drive sales. The Platform's Receipt Processing Module, SnippCHECK, provides receipt-based promotions in North America. The Platform's full-scale modular loyalty engine, SnippLOYALTY, allows clients to deploy any/all aspects of a standard loyalty program on a case-by-case basis. The Platform's modular catalogue of digital and physical rewards, SnippREWARDS, provides clients with global and deployable access to a catalogue of digital and physical rewards. The Platform's gaming module, SnippWIN, allows the global deployment and administration of legally compliant games of chance and skill.


TSXV:SPN - Post by User

Bullboard Posts
Comment by micromanageron Jun 24, 2015 9:18am
103 Views
Post# 23862710

RE:RE:RE:RE:RE:I'm a believer now

RE:RE:RE:RE:RE:I'm a believer nowEverybody the company is still sitting on about the same amount of cash of CAD $10 million.  The losses should be gone by q2 according to management and the decrease in infrastruture expenses providing all other expenses stay the same or better as a percentage of revenue.  Therefore unlike other microcaps Snipp has no cash constraints or concerns going forward as far out as we can see.  The volumes are huge in this market meaning for every seller there's a buyer.  If the so called smart money or institutions have begun picking up now that it's broke the financing price level of $0.55 and consolidating eventually we will see excellent returns providing the company stays in current financial health.  At the moment Snipp is trading at 2 times forward revenue.   If SP continues with the health of the company this way I'd say by end of year Snipp is takeover candidate. 
Bullboard Posts