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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 Jun 05, 2019 8:17am
61 Views
Post# 29799414

RE:RE:RE:RE:RE:RE:RE:RE:RE:Q1 results

RE:RE:RE:RE:RE:RE:RE:RE:RE:Q1 results"The terms of the renewal are based on pay-per-Snipp, a new consumer participation model that could represent a significant upside for the Company from increased participation and/or the addition of new locations". So they change direction and go towards long term contracts for more predictable income and then change their model to make it less predictable. This looks to me like they got squeezed by an existing customer. Very leery.
Bullboard Posts