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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 05, 2017 4:38pm
193 Views
Post# 26210673

RE:RE:RE:RE:RE:RE:RE:RE:Poor Results

RE:RE:RE:RE:RE:RE:RE:RE:Poor ResultsThought it was strange that nobody asked about current cash position on the call, obviously everyone who matters already knew they were looking to raise capital so there was no need to ask.  I Wonder if they have used all of the $4 million credit or if they don't have the receivables available to access all of it? Can't say which of those options I prefer either. Either way 45 million shares is a lot to pay to float them for 6 more months (assuming this cash flow positive by end of 2017 is gonna happen).  Also don't like how this will effectively put a 10 cent cap on the price for the foreseeable future when I was hoping to see some turnaround heading into Q1 results.

Hate the negativity since I really feel this thing is undervalued, just seems like the wait for profits is talking forever.
Bullboard Posts