Snipp Interactive Inc V.SPN

Alternate Symbol(s): SNIPF

Communication Services

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 sportsman80on Aug 29, 2018 12:51pm

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Post# 28536521

RE:RE:Q2

doggy123 wrote: We all know one big contract and SPN shares will be history.....doesn't matter Q2 numbers...and it could happen anytime....

They need 1.5 million more per quarter in positive cash flow just to break even - if we are generous and say improved margins take care of 1/2 of that they still need 750K more. At 70% margins that is just over 1 million more in sales per quarter. That is a 33% increase above current sales, which they say are coming from a record number of running programs..... that better be one hell of a big contract.

Right now I'd take any contract since we haven't seen one announced since July 10th.

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