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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

Comment by stockpickerone!on Aug 17, 2020 10:41am
147 Views
Post# 31417428

RE:RE:RE:RE:RE:Dac

RE:RE:RE:RE:RE:Dac

Maggs wrote: It's called LEADERSHIP! Get on board...Atul has told everyone for years he is a genius and no one could run the company better than him. How dare you question him and his decisions. These types of things are some of reasons why he is a genius. He has run the company completely into the ground and the company does not have $130,000 bucks to pay salaries so they dilute shareholders. All part of the genius plan he is masterminding! 

 

Maggs I seriously doubt that they don't have the money given they got a PPP loan with forgiveness and probably got something from Canada too. I think they simply are taking advantage of the exchange allowing for settlements of debt at less than the usual floor of $0.05 to load up on stock for all of them. See the exceptions the exchange has granted given the pandemic. This is the only time I have seen them allow for any grants at less than $0.05! In my mind this is a great because they are giving up hard cash for equity which should say something for management confidence!!!

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