Snipp Interactive Inc V.SPN

Alternate Symbol(s): SNIPF

Communication Services

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.

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Snipp Interactive Inc > Snipp Interactive Reports Record Financial Results

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Comment by OPENHEIMERon May 03, 2022 10:36am

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Post# 34650969

RE:RE:RE:RE:Snipp Interactive Reports Record Financial Results

They have over 280,000,000 shares floating out there, massive dilution.
At $ 0.17 a share, they have a market cap of $47.725 million.
Even if they earn $ 1.5 million this is equivalent to $ 0.0054 a share.
At a multiple of say 25X, we are looking at share price of $ 0.134.
Now we are trading at $ 0.17 or 31.5X a share.
The market will not factor in too much premium at over 30X a share.
They are not Tesla or Amazon.
The needle will move if they can earn $ 3.0 million a year and this will translate to $0.0107 a share.
At 30X earning then you are looking at potentially $ 0.32 CAD a share.

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