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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 > SPN's Strong EBITDA, Cash Position, No Debt, Growing Sales
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Post by lithomon on Jan 11, 2023 5:08pm

SPN's Strong EBITDA, Cash Position, No Debt, Growing Sales

For the next year, SPN needs to stay away from any US exchange as the growth, technology companies listed on US exchanges are in shambles at the moment until rising interest rates subside.

With No debt and positive EBITDA, and 45% insider share ownership, SPN management simply needs to keep a tight iron fist control on COSTS, especially in this economic & uncertain business climate and continue to grow its client revenue base.

On the other hand, if someone, group or entity is able to successfully deliver a well place bullet in the direction of Putin then everything changes immediately and likely a return to the growth/technology "Roaring" 2019's or 2020's (2021) once again, inflation and interest rates retreat, Goldman Sachs hires back its recently lost staff, etc... then SPN might want to consider some representation on the US listing side.

Should Atul require any further advice, call anytime.
Comment by Maggs on Jan 12, 2023 10:19am
I agree. They should sit tight right now and continue to keep up the great work they are doing! Imagine this type of delusional thinking as a CEO of a company. If only my stock price was higher...the selling would stop! Instead of actually thinking about ways to communicate a better message and/or offer publicly to buy those shares and protect your investment and your shareholders. He keeps ...more  
Comment by stockpickerone! on Jan 12, 2023 11:22am
He is probably super frustrated and willing to try anything at this point given the amazing performance but lack of impact on value of the company...wonder who talks to him. 
Comment by Maggs on Jan 12, 2023 12:12pm
IMO...Being a shareholder from the beginning with almost 40 years watching, being involved and investing in all types of situations... He is either getting very, very bad advise or he himself is making a decision that will not play out like he thinks it will. CEO is a very, very difficult job, you never get two chances. Your shareholders are the only people that matter as a public company. All ...more