Snipp Interactive Inc V.SPN

Yippee!!! Great stuff

[stockpickerone!]

This company really epitomizes doing stuff their way and proving they are right. Well done team Snipp for:
a. Staying the course 
b. Believing in yourselves 
c. Pulling out an incredible quarter in a pandemic no less. 

What do you have in store for us next. What is the step change in value!? 

exciting to watch you guys and all the stuff you keep launching, the board chatter and the earnings you have consistently pulled out since I have been here

[Maggs]

Are you buying stock?  They for sure have fallen off the radar which is great "if" one believes the story is truly changing for the better. That would make accumulating now the no brainer of the year. Seeing the insider buying of late smacks of a real possible sea change here.

[stockpickerone!]

I have a steady buy at 2cents but dont have a lot of ammo unfortunately. my average is still in the 3.5-4 range so ways to go - lets hope confidence comes back 5/7 quarters positive, new sales blood, forward projection seems great...so now just have to go back and wait and watch 

[francoisl13]

Volume picked up around noon....let's see if we can get in the $0,03-0,04 range in the short term... GLTA

[Maggs]

Don't get too excited. Its just me.  Took another 784,000 off the table but there is no one else buying as of yet. It's a valuation thing now as the improvements show.

[Maggs]

Twitter which is free should be the obvious choice here to get the word out on their improving metrics. Simple and a very big audience. They don't seem interested to do any of that though. Would be curious to find out why???

[stockpickerone!]

I asked them and they said they face the same restrictions with their client name disclosures. they also dont seem to have a huge follwing on Twitter. Maggs any suggestions i can send them (or you send them) on how to do Twitter? I frankly dont think their team has a clue on how to market this company to shareholders...

[Maggs]

If they keep improving the financials like they are, things will get better fast as soon as word gets out. Valuation alone at this point looking at this quarter which I view as a game changer has jumped 4 fold in my book. Their structure is so salary heavy that any increases in revenue should go right to the bottom line. I've been buying for the last month and will keep buying but it will

[Maggs]

When I see really big blocks @2.5 canadian I take them off when I'm at the computer. Valuation is so crazy low right now with all the improvements.

[sportsman80]

Bookings backlog sits at 3.9 million, an increase of 0.2 million since last quarter and they had 2.1 million in revenue.  So they sold 2.3 million of programs in the 3rd quarter? With 235 million shares outstanding I don't see word getting out too fast that they are generating 10 million a year, need that backlog to jump significantly before we see any meaningful movement in my opinion

[Maggs]

Are you looking at the valuation of the company as it is today? While the stock may not move, look at the valuation which is a lost art these days. Over 8 million in USD revenue? Wildlin improving metrics from the steady long term contracts and a market cap of 4.3 million USD? Just about no debt...The stock is a strong buy. A sale of the company @ 2 times revenue is 16 million. Their market cap is

[Maggs]

I don't believe there was any reason to buy the stock until the last two quarters. Financial are really getting better. And the insider buying tells me things have turned. Is there risk? Oh yea.

[sportsman80]

I'm looking at the valuation if the stock price is let say 5 cents..... just under 12 million.  Personally I didn't invest in Snipp for 5 cents.  Let say they sell for your 16 million, so 7.5 cents per share.  That makes me happier than I am right now I guess but not likely what the plan has been for most investors or the insiders. I like the valuation calculations a lot

[stockpickerone!]

if you averaged down now and caught the wave - growth was 5% QoQ you might actually do really well. Of course i dont know what you bought in at...good luck either ways! 

[Maggs]

Looks like the word is out. Should be fun! At some point...

[francoisl13]

Technically the 'needle' is starting to move....daily and weekly charts shows that SPN is now moving up, it is backed up by some volume (not major and not constant but better than it was for the last year or so). As usual, the next QTR's will be important, sales needs to move up at one point or another in order to sustain a nice move up. GLTA