RE:RE:RE:Surprisedsome thoughts:
* very tight share structure
* very unknown company, very little outside marketing done to date, mostly word of mouth
* 4.1 million escrow shares released march 5, three years old and priced at a nickel so selling pressure there
* 22.322 million shares will be free trading about june 5th, some people say that folks can short the stock and then cover with the free trading shares, i dont know if that applies here but its another avenue that could cause weakness
* lots of talk about social media advertising revenues/bubble etc. well here we have a company that is bridging the gap between old ways and new technology, somewhat replacing coupons/rebates etc, so saves companies money right there, also collecting valuable data, also removing the retailer from the brand/consumer relationship, also hooked up with ad agencies, what atul refers to as advertising 3.0. hard to imagine big social media tech companies are not aware of snipp.
* recall that atul went on bnn on april 1, very unlikely he would choose that date if q1 were not going to be stellar
* just still cant believe how few shareholders, if you drew up the dream investment scenario, would look a lot like snipp............