Snipp Interactive Inc V.SPN

Alternate Symbol(s): SNIPF

Consumer Cyclical Advertising Agencies

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.

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Snipp Interactive Inc

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Comment by MichaelD1on Oct 09, 2015 11:10am

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Post# 24179154

RE:RE:RE:RE:Fabrice Taylor

I don't know about Fabrice but a few risks that come to my mind are:

1) Profitability - latest quarter expenses of 2.78 M > latest quarter revenues of 2.70 M. This ">" sign eventually needs to become a "<" sign. Will they be able to turn a profit, and consistently?

2) Scalability - what is their strategy to scale the business? for example, will they try to go from 20 contracts per month to 200 contracts per month? do we see any evidence that this is happening?

3) Technology risk - how long will their solution be competitive in a rapidly changing market?

The technology game is a fast one and Snipp will have to keep adapting and growing every quarter in order to survive. I believe management "gets it" and that's why I'm here but these are a few of the risks I see.

Best,

Michael D.

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