RE:RE:RE:RE:RE:RE:RE:RE:RE:two good newsSnipp already owns the Starbuck's Coffee loyalty program and it is definitely not a '5MM dollar' program based on SPN previous quarterly results. We all know how big Starbuck Coffee is so, please stop dreaming or mentioning out of this world number - you're not doing anything good and certainly not helping new potential investors by providing phony numbers.
If the contract comes in the 1 to 1.5MM/ year range, I'll be more than happy.
On the other side, for a company that size, it doesn't make sense to buy back shares. They better use their money to support sales. Also, the contract with Renmark is critical to SPN because it is putting them in contact with the investment communities -- the press release/communication part of the deal is not critical here especially considering (based on SPN previous comments) that they will have a lot of good things to report in the coming weeks/months -- this is when Renmark's value will show up.
GLTA