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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
Post by pipsqueak3on Nov 02, 2015 3:28pm
144 Views
Post# 24251140

Likely a question already answered

Likely a question already answeredApologies if these discussions already occured after Q2 release, but I'm just catching up now before Q3 (which has potential to be great as you are all discussing now), and I know that time has a way of simplifying the answer... So, Note 7 and Note 11. 

Note 7: What exactly is happening here? As I don't want to raise all the red flags that arise in my mind, I'll only state the positive side in that there are a key number of players willing to sacrifice immediate pay to help the bottom line because they must believe in the business... 89% gross margins are being fully snuffed out, so although warrants do play a big part on the downwards pressure, I think the market must be waiting for some confirmation that these expenses are under control.

Note 11: What exactly is happening here, as well? In terms of accounting.. Again, I don't want to bring up old issues that have come and gone, but, is there more pressure on margins due to the fact this bullet has been used, or, will there be an immediate offsetting payoff? i.e. They quoted H2 revenue of $4M from Hip Digital was expected... the margins, not sure, I know these aren't going to be known by the public, so i guess my question is, how does Hip Digital play into the current suite of services provided? How will Salaries and comp and operating costs be affected, how was the integration, has it been completed, etc etc... 

As an outsider looking, and a previous short term investor, these are the obvious questions I have before going in.. other than these, it's a simple business model with a competitve product/service, with high quality clients, a strong retention rate, and growing contract size.
Bullboard Posts