PENNY WATCH

[jedijazz]

SPYR is taking advantage of the industry's explosive growth by entering the online and mobile media markets. The U.S. alone will surpass 200 million smartphone users by 2017 according to eMarketer, which represents nearly 65% of the country's entire population.

When SPYR acquired Franklin Networks and its 8 online brands (Flawless.com;Entrée.com; Grubbr.com; GuiltyTravel.com; Gladiators.com; Crumb.com;ParentingPad.com; and Nutristic.com), it transitioned into a digital publishing and advertising company. About a month later, the company added an additional online brand in CelebrityHQ.com, bringing the total of online sites to nine. These nine sites can each be used to generate advertising revenue, and with the addition of SPYR APPS, they could conceivably all be represented by their own apps as well.