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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 Badger66on May 14, 2019 4:09pm
75 Views
Post# 29746630

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Forget about it, you won't be able to get your money back

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Forget about it, you won't be able to get your money back To be clear - I am not down on the Company's long term prospects, just disappointed in the amount of time it appears it's going to take to get there.  The Company has a pretty sound business IMO, but nothing that is going to excite investors in the near term.

The sad part is my investment thesis is still very much in tact, and there are a lot of reasons to believe they will ultimately succeed in the long long run, but from an investment perspective, I believe it would be foolish not to detach oneself emotionally from the Company and trade it off of it's well-established floor of 5-6 cents.  You'll probably be able to trade this stock 10 times for a 20% gain before we ever see 20 cents a share -  if you're just willing to bag a 20% gain rather then going in for the kill and putting your hopes in a magic quarter on contract that probably won't happen.

<Not trying to bash, as obviously I have a lot of shares and it does me no good to try to make them more difficult to get rid of, but just calling it as I see it>.
Bullboard Posts