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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 pipsqueak3on Nov 03, 2015 4:27pm
79 Views
Post# 24255113

RE:RE:Likely a question already answered

RE:RE:Likely a question already answeredThanks for the response and appreciate your logic micromanager. My concern with note 7 was simply in regards to the employee growth rate vs the 'owing but unpaid' rate. Understandably, no term and no interest is good for Snipp, a free loan to fund growth as you've all said. So that should be the bottom line here.. just felt it a good idea gain confirmation of that.

Anyways, at the end of the day there's always trust to be placed that those involved are also in it for the long haul, so that was what I was hoping to get out of this board; an inclination to how committed the officers/directors are to growth (I wish I had called the company in Q1 when I did own this temporarily, I would have had a better picture by now).

And note 11 I'm happy with your response as well, as it is what I know and thought, that's where the payoff lies for Hip Digital. One way I am thinking about this is that we are paying (imo) fair value (risks included) for the current business, but we get the Hip Digital strip for free, which would add $10 million next year (forecast) and keep that revenue growth in the double digits. I like ambitious companies and would agree with the concept of doing everything possible to obtain maximum market share while the opportunity is here, and it definitely does appear to be here.. and if the game is to run revenue to a critical point at which net margins linearly improve with them, then everyone involved is a winner.. still doing some dd and on my watchlist, I also appreciate a board with the resemblance of some sort of civil discussion lol indicates to me a sound public sentiment which is noticed before appreciation. Good luck to you all 
Bullboard Posts