Post by
OPENHEIMER on Jul 25, 2023 4:29pm
COMPLETE TRAVESTY OF A COMPANY
The whole BOD should be fired for their complete incompetence to produce financial statements !
Months on end, and now no trading ! How does this look to shareholders, investors and even customers.
Complete "mickey mouse" and unacceptable. Where is Atul and company. SNIPP has become a laughing stock with this turn of events. If you want to build confidence and look like a "real" company you don't execute like this. They are a small company and not a 100 million plus entity with many subsidiaries, and complicated accounting. Expect a major haircut when they do report, and will not be surprised that their earnings are all re-stated and lower. They provide ZERO confidence.
Comment by
donlin2 on Jul 27, 2023 2:23pm
I MAY BE MISTAKEN BUT SNIPF IS TRADING TODAY.......... IT'S UP OVER 20%TRADING AT 14+CENTS......... ARE THEY OUT OF TOUCH WITH WHAT IS GOING ON OR DO THEY KNOW SOMETHING. ALSO AS PER 3Q RESULTS SNIPP HAD $12M ON THE ORDER BOOK THAT WAS NOT INCLUDED AS REVENUE.........PERHAPS 4Q OR YE MAY BE BETTER THAN WE ALL THINK
Comment by
francoisl13 on Jul 27, 2023 2:59pm
Good find Donlin2! I was under the impression that the trading halt was applied to all stock exchanges...it looks like it only was for the Canadian market, not the USA. Volume in the US is good and price, as noted by donlin2, is moving up by 20+%. I agree that the 12M in backlog they had at the end of Q3 might reveal a surprise, will see. GLTA