Newsletter
| Promoter: | Penny Chief | Paying Party: | UNKNOWN |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| SPYR | $3000 | UNKNOWN |
| Max Profit: 6.85 % | Gain at close: 0.00 % | |
| *We think that this promoter is a part of a group of promoters. | ||
Tribe:
SPYR Is our New pick!
SPYR, Inc. (OTCQB:SPYR) is a holding company that through its wholly-owned subsidiary, Franklin Networks, Inc., is engaged in digital publishing and advertising operations and through its other wholly-owned subsidiary, E.A.J. PHL Airport Inc., owns and operates an "American Diner" theme restaurant located in the Philadelphia International Airport in Philadelphia, Pennsylvania called "Eat at Joe's®." 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.
This stock is poised for its next surge.
The longer that base extends, the stronger the next move will be. So, why is this stock getting ready to explode to the next level?
Read on, and you'll know.
Mobile Gaming: Hotter Than Hot Growth
Research firm Newzoo had estimated Mobile Gaming would grow from $21.78 billion to $26.38 billion from 2014 to 2015. Wrong- Mobile Gaming is rocketing from $25 billion to $30.3 billion- a full 15% higher than previously forecast.
Think there's any money in Mobile Games? Here's some daily revenue numbers for the top 4 games of 2014 provided by Gamasutra:
- Clash of Clans: $1.38 million daily
- Candy Crush Saga: $1.1 million daily
- Game of War: $710,000 daily
- Farm Heroes Saga: $337,000 daily
Today, SPYR owns 9 different commercial web sites- each of which generates revenue on a daily basis.
If you'd like to visit them, they are Flawless.com, Entree.com, Grubbr.com, GuiltyTravel.com, Gladiators.com, Crumb.com, ParentingPad.com, Nutristic.com, andCelebrityHQ.com. All the sites are well designed and information rich.
The big news came out on April 16th when SPYR announced it had completed its first Mobile Game.
According to the release, the game requires players to shoot a colored puck past increasingly difficult obstacles and eventually into a goal. There will initially be 48 levels, and SPYR plans to add more.
The Marketing Fuel
Lest you think SPYR needs to release its game and hope it goes viral, think again. The marketing of any product or service requires capital, and SPYR has no shortage of capital.
The most current SEC filing shows SPYR has $7 million in cash, and $6 million in marketable securities. That's $13 million of accessible capital to provide the rocket fuel for growth. SPYR has no long term debt.
The very strong balance sheet, loaded with plenty of cash, and the imminent introduction of the first game in the red hot mobile sector makes SPYR an easy call.
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The Chief & Staff
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