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Bullboard - Stock Discussion Forum 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... see more

TSXV:SPN - Post Discussion

Snipp Interactive Inc > Finally broken into the 30s
View:
Post by stockpickerone! on Dec 30, 2021 11:38am

Finally broken into the 30s

Great stuff...needs to go get to the 50s to get to comp valuations. Go Snipp. Well done!
Comment by Maggs on Dec 30, 2021 11:52am
Once they sign more contracts that 50's is gonna be way to low. The stock has been and continues to lag the business itself. Easily a 100 million dollar company right now just using comps in the space without any new signed contracts and that is the low end, bare minimum. What should it be as they scale and sign more contracts? It's one of those situations where the stock never seems to ...more  
Comment by swyint123888 on Dec 30, 2021 11:59am
AGM news just came out and we got hit....what price was the options they gave themselves....I can't find it on sedar
Comment by stockpickerone! on Dec 30, 2021 12:14pm
They did not give themselves anything. What are you talking about? 
Comment by swyint123888 on Dec 30, 2021 12:17pm
From the news release today....I think it means options were granted?   At the Meeting, shareholders appointed Davidson & Company LLP as Snipp's auditor for the ensuing year. Also, at the Meeting, in accordance with the policies of the TSX-V, Snipp obtained disinterested shareholder approval of the Company's amended fixed number stock option plan (the "Option Plan").
Comment by stockpickerone! on Dec 30, 2021 12:23pm
This is just the annual renewal of their plan. Normal course of business. They also did not increase it which is good...all good here. 
Comment by swyint123888 on Dec 30, 2021 12:26pm
I was trying to find the info on sedar....how do you know they didn't increase the amount.....do you know the price they are set at?....right after that news we lost 1.5 cents and the asks loaded up from where they were
Comment by stockpickerone! on Dec 30, 2021 12:34pm
They have not awarded any options to anyone. This is just the plan that they have had in place for years. It's a requirement to be renewed every year. There is no price as only when the company awards options is a price set. Since they have not awarded options there are no prices :).  also on the insider filings you can see there are no option awards.   
Comment by stockpickerone! on Dec 30, 2021 8:41pm
Probably don't like Atul...when I did my DD the hate was evident. Guess people don't like to be proved wrong and miss out on ramps especially now that he has proven his strategy works. That's why this thing never goes parabolic but just keeps going up slowly but steadily. Well my earlier hope we could break the 30s was illfounded though it does appear the volume today was quite ...more  
Comment by Maggs on Dec 31, 2021 11:51am
Atul has grown a lot as a person and a CEO if we are being honest. He made his mistakes like we all do. And we all learn from our mistakes especially when they are painful. That is why I hope he continues this path of profitability. If you are growing revenues and profits like they are, the only way for your stock is to go up or at the very least the value of your company. Why veer off of a very ...more