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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

Bullboard Posts
Comment by micromanageron Dec 12, 2014 2:02pm
168 Views
Post# 23224916

RE:RE:RE:RE:RE:Another recent conversation..

RE:RE:RE:RE:RE:Another recent conversation..Dublebad to clarify the cheap stock was 10 million shares at $0.10 and 2 million at $0.10 to a strategic and 10 million shares at $0.15.  However none of that stock is being dumped as it was all done in Canaccord and they are not net sellers over the last 3 months, in fact the firm as a whole bought more.  The business actually as of now as per the CEO is spread out over 9 Fortune 500 customers and growing and not 3 so your going by old data.  Q4 will tell us the real story here - and the way sales are expected to grow they are far outpacing costs.  How many companies do you know has 12 consecutive sequential quarters of growth in revenue with the last quarter being over 250% more than the quarter before it and recurrring revenue streams?  So with a hockey stick revenue curve that really has begun and no end in sight due to the strength in the mobile marketing space and the flexibilty of the platform with massive recurring clients not really sure your questions about valuations are realistic.  Companies growing at multiple triple digits annually will get far higher valuations then ones selling widgets.  And once Snipp is Nasdaq listed if the growth continues at this flurry pace, one fund in America could eat up all of the paper in one shot and Canadian valuations which are always more conservative will be thrown out the window.  I hear you about caution and agree but it's so rare you see these kinds of charts on the TSX Venture exchange these days based on fundamentals.  If your correct about the stock backing off I'll be in there to buy a few million at 30 or so to eat up a majority of what could come out in this deal so I wouldn't worry too much this stock will not see the 20s again unless there's a world financial crisis
Bullboard Posts