Snipp Interactive Inc V.SPN

Sabharwal, Atul bought is very good signal.

[Crazygirl123]

Also 32 .01 % of Shares Held by All Insider

[Partwaythere]

6+ million shares, wow!! What did he pay $0.18 ?? Now how does the SP drop to 0.135 after the CEO invests so much? Wish I had some extra $$ lying around. Been waiting for this company to pop; lets go Snipp!

[steeb1]

I agree, been in and out of this company several times over last couple years but have bought in for the long haul today

[donlin2]

As per STCOKHOUSE insider what does "Buy carried out privately" with no value mean? Sounds good and optimistic or is it just accounting????

[stockpickerone!]

It means it was bought in a private deal - just not via the exchange. Usually big blocks like he bought cant be moved efficiently in the markets as it causes the prices to drop as blocks of that size go at a discount. So he probably negotiated a deal privately with a large investor who had that block. Either ways good that another large chunk is now in the name of an insider! 

[donlin2]

Picker..........thanks for the info. Maggs, interesting re your attempt to buy........... all looks good eh?????

[stockpickerone!]

Also look at Jaisuns buying in the last 6 months...so quite a bit from insiders...no selling from them for ever...really surprising that they never sold into the pop... :)

[Maggs]

4 million and counting. That would be a yes. If interested in another killer little company... Look at AKR. Listen to their last live presentation. Same industry as Snipp but on the retail side and a little different approach. Share structure really tight with huge insider ownership.  Would love to see Snipp and them get together and target both the brand side and retail side. Match made in

[donlin2]

Also, if it's valid insider $$$ purchase...............Snipp is not in a black out timeline...... therefore, no key new releases on the short term horizon.  

[Maggs]

These are great opportunities for long term buyers. I buy quite a lot at all different times. Quick story...Tried to buy 208,000 shares a couple days ago on the OTC when there was an offer to buy the exact same amount of shares at .137. I targeted that offer specifically. I offered .135 and let it sit there all day. They never sold it to me. I am trying to buy twice as much it for 30% less today