RE:RE:RE:RE:RE:Fabrice TaylorHi Michael,
1) q2 is the slow quarter but Snipp is growing about 500% per year and not touching cash. During the growth period they will continue to invest in building the company but have stated only using free cashflow and not touching the bank account net current asset ratio to do so. The only area they may dip into cash is for A/R as Fortune 500 usually pay in 60 to 90 days so as Snipp grows so too will it's A/R. So don't expect huge profit but continued fast track growth with break even results. As long as revenue grows quickly with net current assets remaing stable that's a very good sign.
2) For sure year over year results are growing at over 500%. The last news release end of Sept they announced $1.55 million in deals in 5 days. That's the proof.
3) Always tech risk but Snipp is innovative. So there is always downside to tech but also upside with innovative tech companies. The latest novel mobile loyalty program Snipp has created could be a monster I don't think the market understands it yet.