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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 notjustlookingon Aug 09, 2016 8:11pm
150 Views
Post# 25124594

RE:RE:RE:News Out

RE:RE:RE:News OutThat's very nice. Now let's do some simple math for those either to lazy or to stupid to figure this out. Your Quote:   As of August 8, 2016 the company is running a record-breaking 86 simultaneous programs worth US$4.33 million. In addition, the company has 50 programs that are in the process of being launched within the next six months, worth approximately US$3.4 million. This marks a significant 28% increase since June 2016, when Snipp reported 72 live simultaneous campaigns worth US$3.37 million.  

4.33mil plus 3.4mil is 7.73mil revenue for the year. Thats GROSS income. I'll give you the benefit of the doubt and double that number for this year, so that's 14.6mil for 2016. Let's divide my greatly overstated income of 15 million by the oustanding share which so far are 129 million. That gives you a share price of .116 . That's just under 12 cents/share. Now I haven't even begun to break down liabilities/expenses/salaries/warrants/loan repayments/interest and so on. This company can't even justify a SP of 5 cents. So before you start tooting your horn. Do some simple math because this isn't rocket science. 
Bullboard Posts