Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 sportsman80on Nov 10, 2018 12:11am
64 Views
Post# 28954253

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Snipp

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SnippI believe it was either last 1/4 or the 1/4 before they changed their definition of bookings backlog so I’d be careful using that to compare.  I see a lot of resigning existing clients which is great but not many new clients to grow revenue. As for promises we have been told for a long time that cash flow positive is coming only to see more dilution.  Also got a lot of smoke about “meetings”with cannabis companies that have turned to nothing.  Had the situation a couple years ago when revenue spiked and they talked about how great things were and then when results came out it turned out they bought the programs and actually made no money on them. Then right when they are almost cash flow positive they decide to switch gears away from short term programs that were selling well to going after long term service agreements which I think they are having a hard time selling, this may not seem like a bad decision but they basically did it without saying anything, reported terrible numbers and then said “oh yeah the numbers don”t look good because we totally switched gears 5 months ago but don”t worry we have all these new fancy ways to show we are actually doing awesome even though we are bleeding cash like crazy-oh and we are diluting again”.I’m as hopeful as anyone that we actually see it this time but grow more pessimistic as every 1/4 goes by.


Bullboard Posts