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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 sportsman80on Feb 20, 2019 9:28am
55 Views
Post# 29387321

RE:RE:RE:April 3 and May 30

RE:RE:RE:April 3 and May 30When they went down to $0.40 they only had 100 million shares issued so market value was $40million or 2.5x sales based on your sales numbers.  But being a growth stock people didn't buy price to current sales they were bought price to future sales since growth rates were high and no indication was given that they would be slowing down until after they did.

So if you put $40 million market value on projections of 30 million in sales based on growth rates at the time you get 1.3X revenue...... weird that is right where we sit right now at this amazing buying opportunity, must be how they suckered Lark into buying in at that point.
Bullboard Posts