Post by
Maggs on Jan 11, 2022 6:30pm
Absolutely…
Brilliant acquisition. It's too bad they are in Canada. With that being said, this is monumental in scale and very industry specific. But it's an industry with explosive growth which will benefit Snipp in many different ways that will tie into everything that they do. The presentation only gave a small clue why this is brilliant and you need to parse the details and think about what just happened. I don't know if anybody here understands the significance but if you do, Congratulations and I hope you are buying more.
Comment by
TedSchulz on Jan 11, 2022 7:59pm
I for one was not expecting this type of acquisition for Snipp, however if they are able to really take advantage of the gamaing and sports betting industry, it will only make them a stronger company. I am also buying more shares. I laso heard they are aiming to be in NASDAQ so that should be interesting to see in the future.
Comment by
stockpickerone! on Jan 11, 2022 8:07pm
It really is a pity they are in Canada: US stock up today 9% Canada stock up only 2% and was down the entire day! Innovative thinking by the team imho - great days ahead...worth reading their presentation
Comment by
sportsman80 on Jan 11, 2022 9:12pm
Checks a lot of boxes, low cost, immediate integration, low carrying costs and a booming industry. Love the point Atul made on the presentation that normally they need to pay for the rewards for the programs they run but when they use this they will be getting paid on both ends. Said earlier they shouldn’t buy anything at this share price but at this low cost I like it a lot.