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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 > Insider buying!!!!
View:
Post by stockpickerone! on Feb 01, 2024 4:22pm

Insider buying!!!!

Filed 2024-01-31 18:40
 
Tx date 2024-01-30
$SPN
Snipp Interactive Inc.
Sabharwal, Atul
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
51 - Exercise of options
$142,200
+1,422,000 vol
$0.10 each
16,358,431  
Filed 2024-01-31 18:39
 
Tx date 2024-01-30
$SPN
Snipp Interactive Inc.
Sabharwal, Atul
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Options
51 - Exercise of options
$-142,200
-1,422,000 vol
$0.10 each
2,250,000  
Filed 2024-01-31 18:38
 
Tx date 2024-01-30
$SPN
Snipp Interactive Inc.
ROY, RAHOUL
5 - Senior Officer of Issuer
Direct Ownership
Common Shares
51 - Exercise of options
$18,200
+182,000 vol
$0.10 each
2,667,115  
Filed 2024-01-31 18:37
 
Tx date 2024-01-30
$SPN
Snipp Interactive Inc.
ROY, RAHOUL
5 - Senior Officer of Issuer
Direct Ownership
Options
51 - Exercise of options
$-18,200
-182,000 vol
$0.10 each
2,250,000  
Filed 2024-01-31 18:35
 
Tx date 2024-01-30
$SPN
Snipp Interactive Inc.
Haji, Sarfaraz
4 - Director of Issuer
Direct Ownership
Common Shares
51 - Exercise of options
$25,000
+250,000 vol
$0.10 each
1,372,000  
Filed 2024-01-31 18:34
 
Tx date 2024-01-30
$SPN
Snipp Interactive Inc.
Haji, Sarfaraz
4 - Director of Issuer
Direct Ownership
Options
51 - Exercise of options
$-25,000
-250,000 vol
$0.10 each
750,000
Comment by stockpickerone! on Feb 02, 2024 7:26pm
Geez the CEO buys $142,000 and crickets in the stock...he finally pissed away everyones interest hahaha. Must be a blind mofo. Mindboggling. Am sitting on a healthy return so wondering if i should sell out and be done. No interest whatsoever it seems 
Comment by Enryko on Feb 05, 2024 9:18am
Thanks for this information Stockpicker. Do you have any information on how the most recent 8.2 million options granted to the management of Snipp were distributed. I would be interested to know how many shares all the insiders hold. Always an outstanding signal of the health of a company when people that run the business are invested in their company. I hope you are encouraged to hold your shares ...more  
Comment by stockpickerone! on Feb 05, 2024 9:30am
I do not have any info on the options granted. My guess is as they alluded to in the PR that it was for past periods - they probably could not grant it as the stock was halted. They also hired some real super stars in the executive team like a new CMO and CRO so its probably for these people is my best guess  In terms of inside ownership i believe its quite high - upwards of 50% of the float ...more  
Comment by francoisl13 on Feb 05, 2024 9:54am
From SPN site/presentation; insiders owns 36% and Bally's another 9% so, insiders owns roughly 45% of the outstanding shares. GLTA