Bullboard - Stock Discussion Forum 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... see more

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Snipp Interactive Inc > New Press Release - Snipp Interactive Conference Call on January 9, 2024

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Post by PressRelease on Jan 08, 2024 7:02am

New Press Release - Snipp Interactive Conference Call on January 9, 2024

VANCOUVER, BC / ACCESSWIRE / January 8, 2024 / Snipp Interactive Inc. ("Snipp" or the "Company") (TSX-V:SPN)(OTC PINK:SNIPF), a global provider of digital marketing promotions, rebates and loyalty solutions, announces conference call details for investors taking place on Tuesday, January 9, 2024...read article.

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Comment by francoisl13 on Jan 09, 2024 1:59pm

Okay, here's what I took from the conference call -- to all; please feel free to add (or comments) as you wish; 1. Previous auditor made a decision to get out of the technology business. It took SPN by surprise and caused the whole delays. 2. SnippMedia pilot started with Bank Of AMerica last December, looks promising and should have something to report by April 2024. BofA has more than 40M ...more

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Comment by apainter on Jan 09, 2024 2:23pm

Thank you for comments, really appreciated

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Comment by Partwaythere on Jan 09, 2024 3:24pm

Believe it's safe to say 30 cents can be achieved easily and we may see that over the next 2-months. The real valuation is prob more like 50 cents and if 75M is reached we should be in at a $1.00 Thoughts? It's about time; great call. Please have these calls on a ongoing basis; it's will help increase market value.

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Comment by sportsman80 on Jan 09, 2024 5:00pm

Couple things I thought I heard based on your points above. from your point 4 - they are already EBITDA positive in Q3 from your point 8 - I think he was asked about a 3-5 year outlook, he said they don't give guidance but then said he would want to be at 75 million in revenue within the next 2 years. from point 9 - he said the regulators were doing background checks on all of the directors ...more

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Comment by stockpickerone! on Jan 09, 2024 6:07pm

I heard a lot of gambit moving to high margin revenue. Seems like there is going to be changes in revenue coming along - they seem to do this - ramp revenue and then fix their margins - like a cyclical thing...not complaining just tryign to find a pattern. Either ways i like this company - they are real unlike some others doing a ton of stuff to drive value and grinding away in the world of pennys ...more

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Comment by francoisl13 on Jan 09, 2024 9:58pm

Thanks sportsman80, all your notes/clarifications are correct. I also agree that the call was good, a full range of topics were covered and promises made were all in-line with their 2024 goals (ie.: rgrowing revenue & bringing margins up to historical level)

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