Snakk

[robbo24]

Company is not junk.

Snakk does have a business and it generates revenues and creates jobs.

The nonsense with this company is the rah rah rah PR releases of great news - and the accompanying selling by promoters, directors, management etc.

Stop defending your boyfriend

[ari]

Here we go again....at the moment 'NZHerald Online' has 4 separate articles on it's front page, Snakk and/or Handley.

[sommelier]

"Snakk shares have fallen today by 13c to 96c." Thanks Holly Ryan. You just made us all very rich.

[Copper]

"Snakk shares have fallen today by 13c to 96c." Thanks Holly Ryan. You just made us all very rich.

What crap is that .Does anyone know that person.Maybe a good chance to show the person that the world is different to what she or he? Is living in. Moosie must have missed her this morning....

[sommelier]

Take a breather copper. Just a reporter that missed a decimal place.

[Poet]

The company itself is not junk. I agree. I think you have misunderstood.

However, in my opinion the shares are junk as I believe they do not truly reflect the true value of the company due to all the rah rah rah that goes on and one's opinion of Derek and the sell down by Sorensen etc (although it appears SNK are doing its best to appease the market with its PR).

Capsice?

Yes I think I got everything but capsice

[Copper]

She was the giant flapping one just outside camera angle wearing hammer pants outside camera angle earlier.

Do I sense some owning of Snakk shares there Cobber???

Is your Cobber meant to be Copper?? If so yes I've owned some for ages .In and out of some from time to time. Cheers
ps. Still like the Company somewhat but not newspaper reporters generally.

[lambton]

Company is not junk.

Snakk does have a business and it generates revenues and creates jobs.

The nonsense with this company is the rah rah rah PR releases of great news - and the accompanying selling by promoters, directors, management etc.

But still to make a profit. So burning cash in the meantime.

[Copper]

But still to make a profit. So burning cash in the meantime.

Am I right in thinking that as they have 6 mill still in the bank they are at least generating additional revenue to spend on development.???

[blackcap]

Am I right in thinking that as they have 6 mill still in the bank they are at least generating additional revenue to spend on development.???

Problem is their business model does not work. For every $1 they receive it costs them more than $1. So increasing revenues will mean increasing losses. As a shareholder I would hope revenues decline and thus losses decline to protect my wealth.