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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

Post by OPENHEIMERon Aug 17, 2023 8:16am
196 Views
Post# 35592469

SOME KOOLAID & HAIRCUT TO INVESTORS

SOME KOOLAID & HAIRCUT TO INVESTORSThe news release is more smoke blown in our face and told to drink the Koolaid to numb the pain and accept further audit delays, due to re-stating financials as I had originally posted, resulting in a modest haircut to our expectations, as the numbers look dire, with low EBITA, lower order backlog, lower margins.
Drinking the Koolaid from Atul, should help with any anxiety as well, since it comes from a very reliable and trustworthy source, as we have seen over the last number of months.
We are lambs led to the slaugher by a company that lacks the proper stewardship, and manage its financials correctly and timely.
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