RE:RE:RE:SPORTMAN IS RIGHT !!I've been following Snipp on every social media platform; considering the 6 figures I've invested to-date. I like how Snipp is out there, trying to generate brand, exposure, contracts, revenue, margins!
However it's hard to analyze cash burn, margins and revenue with no real 'audited' financial data; no offense Atul but kinda hard to trust after several misses; talk talk talk talk talk..... You know what I mean?
So below is the latest social media post.
I have to ask; are these 'trip's (I mean conferences) providing any real value? And don't give me the BS, I've been in the business far to long to hear the BS. Yes folks, many many companies and employees treat these conferences as trips (don't kid yourselves - guilty). Hmmmm Vegas conference with golf clubs (4 rounds in 4 days); fly home.
Atul, please evaluate the necessity to approve resources and costs to attend these; Snipp does go to many of them, more than I would expect. Which is fine if it provides 'real' value; 1.5M cash burn = 35 conferences. Ask the hard questions; you're the CEO. We as shareholders need to see value/ROI; not hype and dreams. As Jerry McGuire would say "SHOW ME THE MONEY".
The Annual Online & Digital Grocery Summit 2023, sponsored by Snipp, is back with the 4th edition on Nov 16, 2023, in Amsterdam. Join Snipp's Mario Invernizzi, EVP Sales EMEA, Mikoaj Zalewski, Senior Business Development Representative EMEA, and Matthew Clarke, Country Director UK&I, along with leading Retailers, FMCG brands, and industry experts sharing insights and perspectives on how to bring your e-commerce strategies to new heights. Speakers include Kieran Bansi, Head of Category Management & Shopper Marketing at Jack Link's EMEA; Patrick Diamandas, Retail Media Lead at Flink; Jolanda Lamboo, Manager eCommerce at Nestl; Baak Aktrk, Business Unit eCommerce Director at PepsiCo; Efrain Rosario, Global Head of Futures & Omnichannel Shopper Insights at Diageo; Sjors de Ruijter, Sales Manager Benelux at Reckitt, and many more. Mario Invernizzi will present an insightful keynote on Leveraging the Power of Receipts & Insights to Unlock 1st Party Data for FMCG Growth - don't miss it!