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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 > Comedy gold...
View:
Post by Maggs on Apr 30, 2024 10:01am

Comedy gold...

I would like to know why 2 years and 3 months ago they bought Gambit. How many millions of losses have they taken since that purchase? How many years of lost time? What happened to Swagbucks and why did they pay 5 million for something that was losing money on a pilot?

How many times are they going to tell us they are trying to figure out ways to make money with it? They paid 5 million dollars for millions of losses without a plan for any of it???

We are thrilled with Snipp's achievements throughout 2023.

You're welcome for the losses and locking you down. We are thrilled!

Bonuses and cheap options for everyone. Just to rub it in a little more.

"JUST SMILE AND WAVE BOYS" 
Comment by stockpickerone! on Apr 30, 2024 11:14am
my guess is they would say its the strategic investment the got from Ballys and the fact that its a new product to sell...imho they got their roi on the day Ballys camein. 
Comment by Maggs on Apr 30, 2024 1:22pm
LOL...You can't be serious??? You have zero questions about the losses surrounding Gambit? Why they spent 5 million dollars of our money to purchase a company losing millions in a pilot program none the less? No questions about the guy sailing around the world in his boat who is running Snipp Media? No questions about what kind of revenue has been generated from the Ballys investment? The ...more  
Comment by stockpickerone! on Apr 30, 2024 1:31pm
i dont beleive they spent a $ to buy gamit - they bought it with all stock when the price was in the range of $0.25 if i remmeber correctly.  As for the boat....i had no idea - how did you know!  Yes of course curious about Ballys investment monetization. But seeing media in the BOA app live leaves me no questions as they have got in - now hopefuly they will monetize. WIth gambit they ...more  
Comment by Maggs on Apr 30, 2024 1:46pm
When you use stock...You dilute shareholders. So some crazy shareholders like myself might want an explanation when you use dilution and the dilution starts creating massive financial losses for the company which directly affects shareholders. Call me crazy!  I realize that accountability is a horrible thing for someone with a God complex so not expecting any real informative information on ...more  
Comment by stockpickerone! on Apr 30, 2024 5:16pm
hahah what did he do to you! you seem so bitter - why dont you ask them these questions on the call...if they take questions. They used to once upon a long time back! 
Comment by Maggs on Apr 30, 2024 6:29pm
I've talked to him enough to know what to expect at every turn. Let's just say he likes to tell stories with no connection to reality.  After a while, you realize that everything he says is like a made up children's story without any connection to reality. He needs new scripts with new talking points. The cowards holding this garbage on this BB know it too but they just want ...more  
Comment by francoisl13 on May 01, 2024 9:32am
@maggs, I remember you being quite positive about how things were unfolding for Snipp and you were pledging for investors patience, or something similar. I fully understand your frustration but don't you think that it looks like the parts and pieces are finally being put together in the proper order? They are always over promising and to me, the missing link is the 'Execution' of the ...more  
Comment by stockpickerone! on May 01, 2024 11:08am
You guys are a tough crowd...the company has grown like a weed without losing so much money - they just did a call that was excellent. I mean their metrics are nothign short of steller at the risk of you all shitting on me. My notes from the call  - Profitable 2021, 2022 and back half of 2023 - Margin profile returning to 50% plus  - Exciting trends in each of the business units with ...more  
Comment by Maggs on May 01, 2024 11:32am
LOL...Those days are long gone. I don't like being right and I wish they would prove me wrong but it never happens. Gambit is a niche and not even material. They lost their biggest partner and confirmed revenue will be down because of it. I know because I used the Swagbucks platform to give them revenue. It certainly had potential and I have always tried to support them thru their programs by ...more  
Comment by stockpickerone! on May 01, 2024 11:54am
hahahaha i love your posts!  really sorry you have had to live through this - i guess timing is everything in any investment  still curious to know how you know he lives on a boat!!!?? where can i find that. 
Comment by Maggs on May 01, 2024 12:17pm
I'm not sure you understand. Most of the stock I own is the 2 cent to 4 cent range. It's making lots of money for me but the people running this company do not act like are very bright. I'm just not sure if it's their nature by design or if they are just playing dumb. When I take a look at the decisions made over the years... I'm going with dumb and desperate. As an example ...more  
Comment by stockpickerone! on May 01, 2024 12:31pm
interesting perspective. as long as returns are being made my belief is that leave it to the founders to do what they are doing. from your posts it appears you would like for the senior team especially atul to be fired. wonder what that would do to the companies - when foudners leave usually disaster follows but maybe they are mature enough now that a "real" seasoned leader can take it ...more  
Comment by Maggs on May 01, 2024 1:09pm
Problem is the CEO is not trustworthy. It's clear before when he shunned shareholders, treated them like garbage when they were right all along about his decisions. He spent 2 years getting credibility back and then blew it up again right after whining about how long do I have to prove it to shareholders. It really is amazing looking back on his past. All documented and public. It blows the ...more  
Comment by stockpickerone! on May 01, 2024 3:42pm
Maggs i think your experience with him is quite unique. I have found him to open to chattng at all times. He always returns calls, gets on a phone and talks. Yes he is good at justifying his actions but I call that belief. He seems to be always super passionate about Snipp and almost like high of something all the time - just way to much energy. So i really do wonder about your interactions with ...more  
Comment by Maggs on May 01, 2024 5:05pm
Wonder all you like. It's the same backstory with him that everyone else had. I'm not unique to say the least. Unless of course you ignore the facts which I know you will do. You are an apologist for him and we are all entitled to our opinion. The facts don't lie. Opinions will vary.  [class*="NotificationsBell__notificationsWrapper-"]{display:none ...more  
Comment by stockpickerone! on May 01, 2024 6:24pm
I am not ignoring any facts - if we were to look at facts their performance has been great from a financial metrics perspective for a penny stock of this size. I am also not ignoring the fact that their stock price is in the gutter and usually that comes with a reason. In fact its these facts that are difficult to reconcile. Then there are facts that people on this board are super disgruntled and ...more  
Comment by francoisl13 on May 01, 2024 1:13pm
It's been a long time since we had that kind of discussion on this forum...interesting! I can't disagree with Maggs on most points, I've been invested in this story for a long time, how long...well, my avg. cost is $0.095 but I went through the big cycle where the price went close to zero...this shows how long I've been invested in this company. I agree that Atul always have ...more  
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