RE:RE:RE:RE:RE:RE:RE:Time to Buy?crashdavis sorry I didn't see the first post. q4 salary expenses have to be the same or higher than q3. As a shareholder I hate stock options being granted around 52 week lows. But in technology you have to incentivize talent to join/stay so I'm not sure Snipp has a choice. It looks like they brought on some heavy weight talent on the board and management so let's see - the proof will be in delivering profitable sales.
I'm speculating but I would say with the acquisitions in Hip and Swisspost they probably are transferring tech and support to India and getting rid of higher cost people from those acquisitions. It's at least 75% cheaper to employ in India. That's my guess why the jump in employment offers in India.
I want to see q4 first before I commit comment on 2016 revenue again. But $40 million is CAD is only $28 million USD these days so I think so. Put it this way right now we for sure are trading at 1 times 2016 revenue at only $32 million CAD market cap. Net back the net working capital in the bank and by all accounts in growth tech sector this is truly undervalued. But I have to admit I'm feeling beat this venture market just keeps getting worse. It almost seems like there is more panic selling in good companies than the bad ones since Jan 1.