Snipp Interactive Inc V.SPN

News $2M CAD

[donlin2]

Another sector penetrated..... good stuff!!!!

Snipp Announces Signing of CAD$ 2+ Million Contract with Canadian Province

[stockpickerone!]

seriously - you announce a contract worth 25% of your last years revenue and the stock moves 2 cents if at all...thats just wrong!  Good stuff though...

[donlin2]

The inability to sustain its price movement is frustrating but I guess we have to wait until Snipp is recognized by the market as the next best thing to sliced bread or as a major leader in the SAAS space.

[Maggs]

Or they could actually let the market know they exist. You know like the business they are in, Marketing!

[stockpickerone!]

ROFL

[sportsman80]

Makes sense, 2 million in new revenue brings a market cap increase of 1.2 million for the day.  Why would we expect anything more, should have slipped the word bitcoin or pot into the news release and maybe we could get somewhere.

[donlin2]

Why would someone sell at 13 cents today..............why not yesterday, or Monday????????  May be bought at 13 and figured it was going to .18............ not knowing that the price would not move up after 11 AM.

[stockpickerone!]

Sportsman to your point why it should move up more is coz every other penny stock goes crazy on releases like this but our friends at Snipp seem to move up like a Fortune 500 stock! That is just not the case in the world of pennies as i am learning - the movements in both directions are not rational for almost all of the stocks i own

[sportsman80]

I was being sarcastic, of course it should go up more

[stockpickerone!]

Aah! In which case am ROFLing again :)

[donlin2]

Any guys............ with this $2M contract, pls put your hand up if you felt that the stock price would start moving above the high of 14-15 cents.       OK..... Now slap yourself with it. It is what it is............. more revenue, more visibility (maybe BTV) ............. we will just have to be patient.

[Maggs]

I get what you are saying donlin. But this is all on the company. I have felt for a while that without First quarter numbers and seeing revenue and profit growth, anything other than the announcement of a buyout would be sold. It's really on the company to show the improvement IMO. They don't market the company to new investors and have zero interest in reaching them and like I have said

[donlin2]

As we all know, SNP has reduced expenses to help with their bottom line.   Perhaps with some good 1Q/2Q numbers they will be able to invest in some concrete and visible marketing programs.

[Maggs]

Can you please elaborate on that donlin?

[donlin2]

1.5 headcount assigned to marketing.     I received this comment from Atul in a recent note.  Sounded a little short on spreading the word across the globe, IMO ........... hence my comment on possibly putting some additional bucks into it.   We're down 2 cents today to trade at 11 cents.    The market is down so this could be a factor or someone has seen some