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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 sportsman80on May 31, 2016 1:22pm
218 Views
Post# 24919818

RE:atul's a bizzy guy

RE:atul's a bizzy guyThey said there were no more questions on the line - the person asking the questions took 2 minutes to ask each question and he jumped around so much I'm not sure what kind of answer he was even looking for, other than a projection of 2016 high margin revenue which Atul said was already over 6 million and he would be very disappointed if it didn't end up over 10 million.

As for the cost they had $4million in Q1, if we assuming the same for Q2,3,4 that would be 16 million - minus the 2.5 million in savings they are going to have that brings them to 13.5.  Assuming they lose money in Q2 and Q3 I think they are expecting to show a profit for Q4 but a loss of aprrox 2 to 5 million in 2016.
Bullboard Posts