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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 Sep 21, 2020 1:41pm
59 Views
Post# 31591840

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New contracts....

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New contracts....To make it easier - posted under Sportsman original comemnts -

this is great - lets state "simple facts"...from your comments above - just edited to add actual performance! 

 
2016
a. Nov'16 "our focus in the coming quarters is to focus on our sales and marketing efforts with the singular goal of driving to cash flow

Achieved as of 4/6 of the last quarters! 
 
b. Stated in Q3'16 “Our sales team is now fully integrated and beginning to open new doors at major brands”
 
Following Quarter their actual performance was:
Q4 Rev in 2016 - $2.98MM vs Q4 Rev in 2015 - $1.84MM - 62% growth in sales!

Achieved
 
2017
 
a, May ’17, “two primary goals for the near future growing sales and reaching profitability
Performance - 2017 Rev 12.8MM vs 2016 Rev 11.2MM - respectable 15%

Achieved
 
b. Nov17, “focusing on further reducing our cost structure while increasing revenue; a two-pronged strategy that will remain in place through the first half of 2018.
Revenue - 2018 Rev 12.1MM vs 2017 Rev 12.8MM...
EBITDA - 2018 EBITDA = (1.8MM) VS 2017 EBITDA = (3.2MM) - yes a 100% improvement!

Partially Achieved 
 
So there you go - indeed a 5 min search and comparison of ACTUAL PERFORMANCE VS HIS BIG LIES! 
 
Why don’t you guys post the 2018, 19 comments too...
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