(SPYR) $6m in cash + billion dollar gaming app
Published: Wed, 08/03/16
 Hello fellow investors / traders, Today I'm going back to a past winner. A ticker that we first alerted before everyone else and went on to gain 60% in the proceeding days, and one that we've updated you on regularly over the past few months.
Yesterday SPYR, Inc (SPYR) started to make another strong push higher off as it bounced off its 100 day moving average, and sliced through its 50 day moving average to the upside. I think SPYR could be headed towards recent highs on a new test of resistance as it looks to breakout. Recent highs were at $0.46. It closed today at $0.32. So a move back to recent highs could yield 40%+ upside. And as you know, SPYR has good liquidity and a tight spread. If you are wondering why SPYR made a strong move higher yesterday, look no further than the news the company issued. The company announced that they had entered into an agreement with Kemojo Studios to publish its newest game, Drone Wars. Drone Wars is a free to play action combat game in which the player engages in military drone campaigns in different areas of the world. The game features campaigns set in the modern day and in the future, allowing the game to incorporate both current weapons and technologies and newly imagined weaponry. SPYR, INC. is a holding company that through its wholly owned subsidiary SPYR APPS, LLC, is engaged in mobile application and game publishing and development. SPYR, INC. also owns and operates an "American Diner" theme restaurant located in the Philadelphia International Airport in Philadelphia, Pennsylvania called "Eat at Joe's®" through its other wholly-owned subsidiary, E.A.J.: PHL Airport Inc. The Company is currently exploring opportunities for additional acquisitions in these and other verticals, including mobile application and game development, in order to expand its holdings, to drive and increase revenue and to generate profits and build value for shareholders. SPYR is a SEC fully reporting company, and per their latest 10Q filing, the company had almost $6 million in cash,and no debt. That's a a strong capital base to provide for future growth. In late March, SPYR broadened its footprint in the digital publishing and advertising space when it entered the multi-billion dollar mobile apps and games market with the formation of SPYR APPS, LLC. With this announcement, SPYR entered the very popular and fast-growing mobile apps and games industry, which will create additional platforms for content and for advertising. >>> Pocket Starships Earlier this year SPYR signed a deal with Spectacle Games to publish Pocket Starships, a real-time, cross-platform space-themed MMO (Massively Multiplayer Online) game. Pocket Starships is believed to be the very first game in the entire history of Mobile Gaming that cross platforms nearly every device and operating system in existence. The developer behind Pocket Starships is Lars Koschin, a super star game developer. He headed the development team for World of Tanks, which has done $1.3 billion in revenue in the last three years alone. And earlier this month, SPYR and the developer of Pocket Starships inked a deal under which, SPYR has the option to purchase substantially all of the assets and intellectual property of the developer, including all assets related to Pocket Starships and the engine on which Pocket Starships is built, which provides the unique real-time, cross-platform aspect of the game. >>> The Massive Online Gaming Industry eMarketer.com showed in a 2014 study, U.S. adults are spending more time each day using digital devices (computers, mobile phones, tablets) than they are watching television, listening to the radio or reading newspapers and magazines. According to eMarketer, as the percentages of time spent per day on digital devices grows, uses of other forms of media rapidly declines. And then there is the apps and games space, where Entrepreneur.com says that by 2017, it’s expected that over 268 billion app downloads will generate $77 billion worth of revenue. So, it is with these already substantial and growing numbers, that SPYR anxiously follows the trend. The company’s nine websites cater to a number of different audiences, and now with the company entering the mobile apps and games space, SPYR should be positioned to become a player in the digital publishing and advertising industry for years to come. We think this recent surge higher could see SPYR headed back to recent highs of $0.42 which gives us impressive upside. But an even better result would be a breakout past this level back to 2015 highs of around $1. If you want a piece of the play that delivered us gains over and over again, be ready for today's trading action. See you at the opening bell. Disclaimer Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. For full disclaimer click here. ShiznitStocks.com employees are not registered as an Investment Adviser in any jurisdiction whatsoever. The disclaimer is to be read and fully understood before using our site, or joining our email list. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. Instead ShiznitStocks.com strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. ShiznitStocks.com does not offer such advice or analysis, and ShiznitStocks.com further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries and extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be "forward looking statements". Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as "projects", "foresee", "expects", "will", "anticipates", "estimates", "believes", "understands", or that by statements indicating certain actions "may", "could", or "might" occur. Understand there is no guarantee past performance will be indicative of future results. In preparing this publication, ShiznitStocks.com has relied upon information supplied by its customers, and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. The advertisements in this website are believed to be reliable, however, ShiznitStocks.com and its owners, affiliates, subsidiaries, officers, directors, representatives and agents have not completed any due diligence or research on the companies advertised herein and disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. ShiznitStocks.com is not responsible for any claims made by the companies advertised herein. ShiznitStocks.com may receive compensation and its employees and affiliates may own stock that they have purchased in the open market either prior, during, or after the release of the companies profile which is an inherent conflict of interest in ShiznitStocks.com statements and opinions and such statements and opinions cannot be considered independent. ShiznitStocks.com reserves the right to buy and sell shares of the profiled company on the open market before, during or after the release of the company profile. In such an event, ShiznitStocks.com will not update its disclaimer to reflect any shares bought or sold on the open market during the profile coverage. ShiznitStocks.com and its management may benefit from any increase in the share price of the profiled companies and hold the right to sell the shares bought at any given time including shortly after the release of the companies profile. ShiznitStocks.com has been compensated two thousand dollars via electronic transfer from a non-affiliated third party for the profile of SPYR. ShiznitStocks.com may on occasion accept compensation in restricted or free-trading shares for it's marketing services of the company being profiled, and the third party that might have compensated ShiznitStocks.com may hold free-trading shares of the company being profiled and could very well be selling shares of the companies stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration. If ShiznitStocks.com ever accepts compensation in the form of restricted or free trading shares of the company being profiled and decides to sell these shares into the public market at any time before, during, or after the release of the companies profile our disclaimer will be updated accordingly reflecting the current position of those free trading shares received as compensation for our services. |