SPYR Inc (SPYR)

[timetomakemoney]

My hunch SPYR wants a uplist to the NASDAQ and they are using JAN as a tool to get there.

[againstallodds]

From JAN filings:

Overview

We are focused on finding treatments for conditions that cause severe pain and bringing to market drugs with non-addictive pain-relieving properties. In addition, through our subsidiaries ARCA Recycling, Connexx, and ARCA Canada, we are engaged in the business of recycling major household appliances in North America by providing turnkey appliance recycling and replacement services for utilities and other sponsors of energy efficiency programs.

Also, through our GeoTraq Inc. subsidiary, we have been engaged in the development, design of wireless transceiver modules with technology that provides LBS directly from global Mobile IoT networks. However, Our GeoTraq subsidiary has not generated any revenue to date, including in the fiscal year ended January 1, 2022. Consequently, during the year ended January 1, 2022, the Company took a full write-down of the unamortized portion of the GeoTraq intangible asset of approximately $9.8 million.

And now SPYR paid $12.6M for this OS

MATTULA ARE YOU A CLOWN OR WHAT !!!

[RandyKCMO]

Exactly… company seems to be casting a power wide net… product is supposed to be ready for rollout Q1 of 2023.

Seems to me, this can only be a plus to SPYR and the shareholders.

Time will tell.

[RandyKCMO]

SPYR, Inc.
THE WOODLANDS, Texas, May 31, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- SPYR Technologies [OTCQB: SPYR] (“SPYR” or the “Company”), a technology-focused holding company emphasizing the Internet of Things (“IoT”), announced today its entry into a material definitive agreement to acquire GeoTraq, Inc. from NASDAQ traded JanOne Inc. (NASDAQ: JAN).

GeoTraq develops and manufactures entirely self-contained and ultra-small Mobile IoT (Internet of Things) modules for asset tracking, location-based services, and sensor modules for remote monitoring. The modules are plug-and-play and include turnkey connectivity to cloud services via GeoTraq's proprietary cloud-based “WebTraq” platform. GeoTraq's mission is to provide “Simple IoT” at a low cost, with ease of deployment, ease of use, and plug-and-play functionality with no product development required of the customer.

“Mobile IoT” refers to managed IoT “Low Power Wide Area Networks” (LPWAN) in a licensed spectrum. IoT manufacturers are quickly embracing cellular connectivity, given its ability to deliver a secure, real-time device-to-cloud connection needed for remote monitoring, control, or management. This low-power, wide-area network capability is ideal for widely adopted consumer products, such as smartwatches, wearables, and asset trackers, as well as industrial and infrastructure applications, such as gas, water and electric metering, machine monitoring, factory automation, supply chain and logistics oversight.

GeoTraq’s new Mobile IoT modules are small, consume very low power, possess long battery life and global LPWAN connectivity. With their self-contained form factor, GeoTraq’s modules eliminate the hassle and cost of designing and building a printed circuit board for mounting. The GeoTraq modules work right out of the box by simply attaching a battery and antenna and activating the device on GeoTraq's WebTraq cloud platform.

The GeoTraq modules achieve very accurate indoor and outdoor positioning capability using only the LTE radio (no GPS or GNSS required) by cellular tower triangulation. The cellular chipset provides unique global coverage and is certified by operators worldwide. Engineered to enhance the capabilities of power saving mode and extended discontinuous reception, the GeoTraq Mobile IoT modules provide the valuable long battery life needed by many IoT use cases essential for the billions of devices, objects and machines across an increasingly connected world. GeoTraq Mobile IoT proprietary monitoring allows customers to designate adjustable triggers that generate customer-specific information used to track assets beyond just location – to virtually everything from monitoring the temperature of frozen products during shipment, to the amount of propane in a tank vessel, to the detection of humidity in a dry storage facility. The uses are endless.


Chris Chammas, Project Engineer of Geotraq, stated, “We are pleased to be joining the SPYR team and look forward to deploying our products world-wide. We have positioned our products and related services as a low cost way to track assets worldwide along with many associated special features.”

Tim Matula, CEO of SPYR Technologies, stated, “GeoTraq has built a product that can be used in multiple ways, not just tracking. Sensors can be added to provide the customer with additional data points such as temperature and motion along with other sensor driven data. We are very excited with this acquisition and look forward to continuing to build our company. Upon completion of this acquisition, SPYR will have two subsidiaries, Applied Magix and GeoTraq.”

GeoTraq’s initial product offerings are in the later stages of development and testing and will be available for deployment in Q1 of 2023.

Learn more about SPYR at https://ir.spyr.com/.

Learn more about GeoTraq by visiting the company’s website at www.geotraq.com.

Learn more about Applied Magix by visiting the company’s website at https://AppliedMagix.com.

About SPYR Technologies

SPYR Technologies (SPYR) is a technology focused holding company which, through its subsidiary Applied Magix Inc., develops and resells Apple® ecosystem compatible products, with an emphasis on the growing multibillion-dollar IoT smart home and connected car markets. SPYR continues to identify and target acquisitions that will grow its footprint in the industry and expand the products it offers consumers, including companies developing artificial intelligence (AI) and smart technology products.

About Applied Magix

Applied Magix, Inc. develops and resells Apple® ecosystem compatible products in the growing multibillion-dollar IoT smart home and connected car markets.

About GeoTraq

We have a vision for a simple, smart, connected world. We empower that vision through our self-contained, fully integrated, Mobile IoT modules. Our modules are designed with a small plug and play form factor for easy attachment of antenna, battery, and sensors. Combined with low-cost connectivity, GeoTraq creates real return on investment for all customers.

Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our growth strategy and product development programs and any other statements that are not historical facts. Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law. Investor Contact: [phone] [e-mail]

Company Name: SPYR Inc, dba SPYR Technologies

Address: 6700 Woodlands Parkway, Ste 230 #331

The Woodlands, TX 77382

Email Address: [e-mail]

Public Relations Contact: [e-mail]

Email address: [e-mail]

Corporate Communications

IBN (InvestorBrandNetwork)

Los Angeles, California

www.InvestorBrandNetwork.com

310.299.1717 Office

[e-mail]

[Televet]

SPYR Technologies’ Applied Magix Exploring Adding Health and Wellness Product Category to Portfolio
May 31, 2022

THE WOODLANDS, Texas, May 31, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – SPYR Technologies (“SPYR” or the “Company”), a technology company whose subsidiary, Applied Magix, Inc., develops and resells Apple® ecosystem compatible products in the growing multibillion-dollar smart home and connected car markets, announces the Company is exploring adding Health and Wellness products to its growing line of product categories.

“While ‘home’ and ‘car’ are important to most people, really the most important thing to most people should be, and is, their health. We are excited about exploring which products to add to our ‘Health and Wellness’ line,” said Applied Magix CEO Dr. Harald Zink. “Technology over the past few years has made health and health monitoring easier and more accessible than ever, and we are really excited about adding this most important category to Applied Magix, which will be accessible under a new ‘Health’ section on our website.”

While the Health and Wellness market is currently a $1.5 trillion market globally, according to McKinsey Research, it is predicted that consumers’ desire for more personalization in the areas of health, fitness, nutrition, appearance, sleep and mindfulness will push this market towards strong growth of nearly $4.2 trillion within the next decade, according to the iMarc Group."

“With the predicted growth of the Health and Wellness Market over the next decade, this seems like the right space for Applied Magix to expand into," states Tim Matula, chief executive officer of SPYR Technologies. “With none of us getting any younger, we can benefit from such products, just as much as our customers can.”

Applied Magix and SPYR are excited about the Health & Wellness category and after consideration and selection, upcoming products will be made available under the new “Health” tab on the Applied Magix website.

References:
McKinsey Research:
https://www.mckinsey.com/industries/consumer-packaged-goods/our-insights/wellness-in-2030

iMarc Group:
https://www.imarcgroup.com/health-wellness-market



https://ir.spyr.com/press-releases/2022/spyr-technologies-applied-magix-exploring-adding-health-and-wellness-product-category-to-portfolio

[Televet]

https://geotraq.com/

[Televet]

SPYR Technologies Enters into Material Definitive Agreement to Acquire GeoTraq, Inc.
May 31, 2022 9:00 AM

THE WOODLANDS, Texas, May 31, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- SPYR Technologies [OTCQB: SPYR] (“SPYR” or the “Company”), a technology-focused holding company emphasizing the Internet of Things (“IoT”), announced today its entry into a material definitive agreement to acquire GeoTraq, Inc. from NASDAQ traded JanOne Inc. (JAN).

GeoTraq develops and manufactures entirely self-contained and ultra-small Mobile IoT (Internet of Things) modules for asset tracking, location-based services, and sensor modules for remote monitoring. The modules are plug-and-play and include turnkey connectivity to cloud services via GeoTraq's proprietary cloud-based “WebTraq” platform. GeoTraq's mission is to provide “Simple IoT” at a low cost, with ease of deployment, ease of use, and plug-and-play functionality with no product development required of the customer.

“Mobile IoT” refers to managed IoT “Low Power Wide Area Networks” (LPWAN) in a licensed spectrum. IoT manufacturers are quickly embracing cellular connectivity, given its ability to deliver a secure, real-time device-to-cloud connection needed for remote monitoring, control, or management. This low-power, wide-area network capability is ideal for widely adopted consumer products, such as smartwatches, wearables, and asset trackers, as well as industrial and infrastructure applications, such as gas, water and electric metering, machine monitoring, factory automation, supply chain and logistics oversight.

GeoTraq’s new Mobile IoT modules are small, consume very low power, possess long battery life and global LPWAN connectivity. With their self-contained form factor, GeoTraq’s modules eliminate the hassle and cost of designing and building a printed circuit board for mounting. The GeoTraq modules work right out of the box by simply attaching a battery and antenna and activating the device on GeoTraq's WebTraq cloud platform.

The GeoTraq modules achieve very accurate indoor and outdoor positioning capability using only the LTE radio (no GPS or GNSS required) by cellular tower triangulation. The cellular chipset provides unique global coverage and is certified by operators worldwide. Engineered to enhance the capabilities of power saving mode and extended discontinuous reception, the GeoTraq Mobile IoT modules provide the valuable long battery life needed by many IoT use cases essential for the billions of devices, objects and machines across an increasingly connected world. GeoTraq Mobile IoT proprietary monitoring allows customers to designate adjustable triggers that generate customer-specific information used to track assets beyond just location – to virtually everything from monitoring the temperature of frozen products during shipment, to the amount of propane in a tank vessel, to the detection of humidity in a dry storage facility. The uses are endless.

Chris Chammas, Project Engineer of Geotraq, stated, “We are pleased to be joining the SPYR team and look forward to deploying our products world-wide. We have positioned our products and related services as a low cost way to track assets worldwide along with many associated special features.”

Tim Matula, CEO of SPYR Technologies, stated, “GeoTraq has built a product that can be used in multiple ways, not just tracking. Sensors can be added to provide the customer with additional data points such as temperature and motion along with other sensor driven data. We are very excited with this acquisition and look forward to continuing to build our company. Upon completion of this acquisition, SPYR will have two subsidiaries, Applied Magix and GeoTraq.”

GeoTraq’s initial product offerings are in the later stages of development and testing and will be available for deployment in Q1 of 2023.

Learn more about SPYR at https://ir.spyr.com/.

Learn more about GeoTraq by visiting the company’s website at www.geotraq.com.

Learn more about Applied Magix by visiting the company’s website at https://AppliedMagix.com.

[Televet]

SPYR Technologies to acquire GeoTraq from JanOne for $13.5M
May 31, 2022 9:27 AM ET

SPYR Technologies (OTCQB:SPYR) said Tuesday it will acquire GeoTraq from JanOne (JAN) for $13.5M.

JAN stock more than doubled in premarket trade following the announcement.
The amount was paid in cash and SPYR shares.

At closing, SPYR issued 30M shares and delivered to JAN a 5-year promissory note in initial principal amount of $12.6M.

The note bears simple interest at 8% per annum and provides quarterly interest payments in arrears.

"GeoTraq manufactures self-contained and ultra-small mobile IoT modules for asset tracking, location-based services and sensor modules for remote monitoring," SPYR said in a statement.

The plug-and-play modules include turnkey connectivity to cloud services via GeoTraq's cloud-based WebTraq platform.

GeoTraq's initial product offerings, which are in later stages of development and testing, will be available for deployment in Q1 2023.

"We believe this transaction allows us to focus on our main business... our priority is the development of drugs with non-addictive, pain-relieving properties. This sale will help us continue to fund the necessary clinical trials for JAN101," said JAN CEO Tony Isaac.

"On completion of this acquisition, SPYR will have 2 subsidiaries, Applied Magix and GeoTraq," said SPYR CEO Tim Matula.

SPYR in Mar. said it was in talks to complete the acquisition, saying it would fit well into its IoT division.

[MagixSprite]

SPYR Technologies’ Applied Magix Exploring Adding Health and Wellness Product Category to Portfolio

https://finance.yahoo.com/news/spyr-technologies-applied-magix-exploring-130000542.html

THE WOODLANDS, Texas, May 31, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – SPYR Technologies (“SPYR” or the “Company”), a technology company whose subsidiary, Applied Magix, Inc., develops and resells Apple® ecosystem compatible products in the growing multibillion-dollar smart home and connected car markets, announces the Company is exploring adding Health and Wellness products to its growing line of product categories.

“While ‘home’ and ‘car’ are important to most people, really the most important thing to most people should be, and is, their health. We are excited about exploring which products to add to our ‘Health and Wellness’ line,” said Applied Magix CEO Dr. Harald Zink. “Technology over the past few years has made health and health monitoring easier and more accessible than ever, and we are really excited about adding this most important category to Applied Magix, which will be accessible under a new ‘Health’ section on our website.”

"While the Health and Wellness market is currently a $1.5 trillion market globally, according to McKinsey Research, it is predicted that consumers’ desire for more personalization in the areas of health, fitness, nutrition, appearance, sleep and mindfulness will push this market towards strong growth of nearly $4.2 trillion within the next decade, according to the iMarc Group."

“With the predicted growth of the Health and Wellness Market over the next decade, this seems like the right space for Applied Magix to expand into," states Tim Matula, chief executive officer of SPYR Technologies. “With none of us getting any younger, we can benefit from such products, just as much as our customers can.”

Applied Magix and SPYR are excited about the Health & Wellness category and after consideration and selection, upcoming products will be made available under the new “Health” tab on the Applied Magix website.

References:
McKinsey Research:
https://www.mckinsey.com/industries/consumer-packaged-goods/our-insights/wellness-in-2030

iMarc Group:
https://www.imarcgroup.com/health-wellness-market

Learn more about Applied Magix by visiting their website at https://AppliedMagix.com

Investors can learn more about SPYR at: https://ir.spyr.com/.

About SPYR Technologies
SPYR Technologies (SPYR) is a technology company which, through its subsidiary Applied Magix Inc., develops and resells Apple® ecosystem compatible products with an emphasis on the growing multibillion-dollar IoT smart home and connected car markets. SPYR continues to identify and target acquisitions that will grow its footprint in the industry and expand the products it offers consumers, including companies developing artificial intelligence (AI) and smart technology products.

About Applied Magix
Applied Magix, Inc., develops and resells Apple ecosystem compatible products in the growing multibillion-dollar IoT smart home and connected car markets.

Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our growth strategy and product development programs and any other statements that are not historical facts. Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.

Investor Contact: [phone] [e-mail]

Company Name: SPYR Inc, dba SPYR Technologies
Address: 6700 Woodlands Parkway, Ste 230 #331
The Woodlands, TX 77382
Email Address: [e-mail]
Public Relations Contact: [e-mail]
Email address: [e-mail]

Corporate Communications
IBN (InvestorBrandNetwork)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[e-mail]

[againstallodds]

SPYR paid $13.5M for an obsolete technology

JAN ONE wrote off Geotraq completely

And STYR diluted its shareholders to buy old generation chips, now obsolete.

Issuing debt notees, that’s the old scammers trick

Biyers beware

[vanegray]

What exactly are they capturing? Nothing, just rehashing meaningless news releases. When they actually show us sales the stock may go up. When they repeatedly talk about gaining future market share and it's repeated by you it's just silly and not very bright. Talk about not talking about future products, really!

[Televet]

SPYR Inc. (SPYR) Capturing Share in Booming IoT Market
May 19, 2022
SPYR, Inc.

NEW YORK, May 19, 2022 (GLOBE NEWSWIRE) -- NetworkNewsAudio – SPYR Inc. (OTCQB: SPYR) announces the availability of a broadcast titled, “From a Single Soda Machine to Everywhere: The Explosion of the IoT.”

To hear the AudioPressRelease, please visit: The NetworkNewsAudio News Podcast

To view the full editorial, please visit: https://nnw.fm/QaRvy

SPYR Inc. (OTCQB: SPYR) is a technology company that, through its wholly owned subsidiary, Applied MagiX Inc., is capturing share in the booming IoT market. Applied MagiX develops and resells in demand products that are compatible with the Apple(R) ecosystem, predominately in the smart-home and connected-car markets. In an ever-digitized world, these markets are experiencing robust expansion and are forecast to reach $138.9 billion by 2026 (MarketsAndMarkets) and $191.83 billion in 2028 (Fortune Business Insights), respectively.

With an initial focus on Apple products, Applied MagiX has targeted what is arguably the world’s most affluent and brand-loyal demographic of consumers in the world. User commitment to not stray from the ecosystem has been well earned by Apple with the reliability and interoperability of its products, which reduces churn and saves on user-acquisition costs. Well-received products being offered today include MagixDrive (an adapter enabling wireless CarPlay), MagixCharge Dual USB-C charger, Onvis C3 HomeKit Secure Video Camera, and Onvis C1 Security Alarm and Environment Sensor.

https://ir.spyr.com/press-releases/2022/spyr-inc-spyr-capturing-share-in-booming-iot-market

[Televet]

SPYR Inc. (SPYR) Makes the Most of Burgeoning IoT Space

SPYR, Inc.
Wed, May 18, 2022, 5:30 AM
In this article:
.
NEW YORK, May 18, 2022 (GLOBE NEWSWIRE) -- via InvestorWire — SPYR Inc. (OTCQB: SPYR) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.

To view the full publication, “From a Single Soda Machine to Everywhere: The Explosion of the IoT,” please visit: https://nnw.fm/QaRvy

It’s generally accepted that the phrase “Internet of Things” was coined in 1999 during a presentation for Procter & Gamble. Actually, the concept was already in use more than 15 years earlier when programmers at Carnegie Mellon University connected a Coke machine to the internet so they could see if there were any cold Cokes available before walking to the machine to buy one.

After four decades, the Internet of Things (IoT) has become ubiquitous, making its way into essentially every facet of day-to-day life and consumer demand for IoT products has become insatiable. That demand has proved a boon for innovative companies such as SPYR Inc. (OTCQB: SPYR).

[vanegray]

Great! compared to what? Who writes this drivel?

[Televet]

More great news from SPYR!

SPYR Technologies’ Applied Magix Considers Adding HomeKit Secure Routers to Product Portfolio
May 10, 2022

https://ir.spyr.com/press-releases/2022/spyr-technologies-applied-magix-considers-adding-homekit-secure-routers-to-product-portfolio

The hits just keep on coming!

[vanegray]

.0293 last sale, .0261 low for the day. Could it be solidly in the .02s?

[vanegray]

Which milestone will we reach first, .01 or .10?

[vanegray]

Interesting but not really great. Good idea about a non-existing product while not talking about future products. I don't think China is prudent choice for the future. More alternatives to China are coming forward every day, whose tech would be capable and their economic benefits would be equal to Chicom offerings The big question is why tout a non existing product that creates no revenue? Could it be to move stock price? Many companies do that because of weak revenues. This is still an R&D company so really little to no revenue. They are struggling to attract attention in a crowded arena. That's ok but not great. Remember, China smells bad and it won't get better. Many in Asian rim can do tech.

[Televet]

More great news from SPYR!

SPYR Technologies’ Applied Magix Considers Developing Commercial Software To Support Non-Branded Products

https://ir.spyr.com/press-releases/2022/spyr-technologies-applied-magix-considers-expanding-into-led-smart-home-lighting-products

Love these great PRs!

[vanegray]

Well another news release. LED light bulbs could be a good thing, especially if they are smart. They would fit well with the security items already offered. They go on to say they "don't discuss their future products," really! Didn't they just talk about a future product. If that's their policy we can only assume their news release is BS. Probably an effort to start the stock on an upward move, ( looks like .032 right now or lower,) probably to trade out a .06 or.07 to then return to the .04 or .03 levels. If people recognize this nonsense instead this could go into the .02s.

[Televet]

https://www.otcmarkets.com/filing/conv_pdf?id=15755450&guid=orqwkq-5bLalB3h


Section 1 - Registrant’s Business and Operations
Item 1.01 Entry into a Material Definitive Agreement.

(a) Pursuant to a Common Stock Purchase Agreement between the Registrant and Ares Capital, Inc. (“Ares”) executed September 20, 2021, Ares agreed to
invest up to Fourteen Million Dollars ($14,000,000.00) to purchase the Registrant’s Common Stock, par value $0.0001 per share. Coincidentally, the Registrant
and Ares entered into a Registration Rights Agreement, as an inducement to Ares to execute and deliver the Common Stock Purchase Agreement, whereby the
Registrant agreed to provide certain registration rights under the Securities Act of 1933, as amended, and the rules and regulations thereunder, and applicable
state securities laws, with respect to the shares of Common Stock issuable for Ares’ investment pursuant to the Common Stock Purchase Agreement. The
Common Stock Purchase Agreement terminates five years after the Effective Date, or conditioned upon the following events: (i) when Ares has purchased an
aggregate of Fourteen Million Dollars ($14,000,000.00) in the Registrant’s Common Stock; (ii) at such time that the Registration Statement agreed to in the
Registration Rights Agreement is no longer in effect: (iii) upon Ares’ material breach of contract; (iv) in the event a voluntary or involuntary bankruptcy
petition is filed concerning the Registrant; or, (v) if a Custodian is appointed for the Registrant or for all or substantially all of its property or the Registrant
makes a general assignment for the benefit of its creditors.
On April 26, 2022, the Registrant and Ares amended the Registration Rights Agreement previously disclosed on Form 8-K filed September 23, 2001. No
material relationship between the Registrant or its affiliates and Ares, other than in respect of the amendment to the material definitive agreement. The
transaction documents were amended to reflect Ares’ waiver of the requirement that the Registrant file a registration statement concerning the equity purchase
agreement within thirty days of September 20, 2021.

[RandyKCMO]

More possible directions for SPYR to go.

Let’s review:

They opened Marketing Channels for home security products: cameras, sensors, and such.

To these channels they developed products for Apple’s Car Play format and eventually intend to develop and release products Apple’s Smart Home segment.

After whetting our appetite for the possibilities in 2022 they signed on a number of technology gurus or influencers to their Technology Advisory Board:

Siobhán Ellis

Michael Teitelbaum

And Fred Tio.

What direction are we going? That’s a question that mark gains to be answered. All of the possibilities mentioned are technology related… some even a ways out their.

Here’s a list of what might be and could be:

MOBILE VIRTUAL NETWORK OPERATORS

AI — ARTIFICIAL INTELLIGENCE APPLICATIONS IN INTERNET-OF-THINGS

INTELLECTUAL PROPERTY RIGHTS

Today’s release… LED TECHNOLOGIES

I’ve probably overlooked something. Feel free to add suggestions and I’ll edit and repost.

[RandyKCMO]

SPYR Technologies’ Applied Magix Considers Expanding Into LED Smart Home Lighting Products

THE WOODLANDS, Texas, May 03, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – SPYR Technologies (“SPYR”), a technology company whose subsidiary, Applied Magix, Inc., develops and resells Apple® ecosystem compatible products in the growing multibillion-dollar smart home and connected car markets, investigates adding to its regular slate of HomeKit smart home products with the MagixLux LED lighting line of HomeKit smart LED lighting products.

“The items that we mostly take for granted, and which have the most impact in our smart homes, are, quite simply, the light bulbs. Many people just assume that lights will turn on when they flip the light switch, but few consider how much smarter your lighting can be," said Applied Magix CEO Dr. Harald Zink. “There are a number of good LED lightning products already on the market - many of which we recommend - but I felt that we can round out our product line by offering HomeKit compliant LED lighting bulbs and atmosphere-enhancing LED light strips to complement the various HomeKit sensors we are already offering.”

“While ‘light bulbs’ doesn’t sound very exciting at first, these are the sort of products that can complement existing orders and help to fill up our customers’ shopping carts,” states Tim Matula, chief executive officer of SPYR Technologies. “As such, Harry and Team Magix are searching to find just the right manufacturer to add to our roster of HomeKit compatible vendors and I look forward to an ever-growing products line, once the search narrows down finalists.”

These products are currently only in consideration, and Applied Magix doesn’t discuss future products or services, even really exciting ones, but keep checking SPYR and Applied Magix’s websites and press releases for news about developments and products.

Learn more about Applied Magix by visiting the company’s website at https://AppliedMagix.com.

Investors can learn more about SPYR at https://ir.spyr.com/.





https://ir.spyr.com/press-releases/2022/spyr-technologies-applied-magix-considers-expanding-into-led-smart-home-lighting-products

[vanegray]

238,494 shares offered below .04, we are there, wow. Do we buy this thing at.01 or lower? Any comments from the brain trust?

[vanegray]

Compared to what?

[Televet]

Nice gain today!

[vanegray]

All of that and you've said nothing. You've said nothing, No more than Magix's forward looking statement which you so astutely point out is always accompanied with a disclaimer. They have said nothing. Always keep the thirty pieces of silver in sight.

[RandyKCMO]

Will SPYR Technologies Close Any of these "Future Aquisitions?" Time will tell.

All these "writing on the wall" releases are either building up to some kind of crescendo... or they're a waste of paper and effort.

Ironically, each time they put out releases of this nature... they include the following disclaimer:

"Applied Magix does not discuss future products or details of future acquisitions, and these considerations are currently of a speculative nature. Should any of these possibilities take on a more solid form, detailed press releases will be issued at such time. Keep an eye on the respective websites for SPYR Technologies and Applied Magix for more news and announcements."

They may not talk about their specific plans, hopes, and dreams, but they certainly seem to point the readers and followers in a certain direction.

And what is that direction? I think it's fairly clear that they have aspirations of becoming something more and bigger than they are.

Will they be able to accomplish what they are obviously intending? That is the principal question. This is why the company's stock is currently trading around a nickel.

If the company was on life support and almost going out of business... as in no one believes they're going to be able to accomplish what they intend... I think the stock would be worth less.

However, if and when it becomes likely that Spyr, Inc. (and AppliedMagix) will become a successful company the shares will reflect this expectation as well. By that time I think the shares could easily be trading between 25 and 50 cents. Hence why people buy, sell, and trade penny stocks.

For now, I guess we'll have to wait and see and continue hoping that they will be able to eventually close an acquisition or two. It should help that SPYR, Inc., is up to date on its filings and audited financials. But we shall see.

[RandyKCMO]

SPYR Technologies’ Applied Magix Exploring Intellectual Property Acquisition Targets

SPYR, Inc.
THE WOODLANDS, Texas, April 28, 2022 (GLOBE NEWSWIRE) -- via InvestorWire - SPYR Technologies (“SPYR” or the “Company”), a technology company whose subsidiary, Applied Magix, Inc., develops and resells Apple® ecosystem compatible products in the growing multibillion-dollar smart home and connected car markets, is investigating possible acquisition targets to add essential intellectual property (IP) to its line of products, as well as new product lines.

“I’m always looking for new and innovative technologies, and as a result have come across several potentially awesome IP targets that might be worth acquiring,” said Applied Magix CEO Dr. Harald Zink. “Some of these are AI-based and would complement and expand some of our existing product lines really well. Others represent some significantly innovative technologies that could be at the core of new product lines.”

“In the tech business it is always important to stay at the forefront of the industry, and preferably several steps ahead. This is what Harry and Applied Magix are doing, and I am fascinated at some of the technologies that he finds,” states Tim Matula, chief executive officer of SPYR Technologies. “These are exactly the sort of technologies that could be complementary to Applied Magix’ products, while at the same time potentially bringing in new revenue streams based on these new technologies.”

Applied Magix does not discuss future products, or details of future acquisitions, and these considerations are currently of a speculative nature. Should any of these possibilities take on a more solid form, detailed press releases will be issued at such time. Keep an eye on the respective websites for SPYR Technologies and Applied Magix for more news and announcements.

Learn more about Applied Magix by visiting the company’s website at https://AppliedMagix.com.

Investors can learn more about SPYR at https://ir.spyr.com/.

About SPYR Technologies
SPYR Technologies (SPYR) is a technology company which, through its subsidiary Applied Magix Inc., develops and resells Apple® ecosystem compatible products, with an emphasis on the growing multibillion-dollar IoT smart home and connected car markets. SPYR continues to identify and target acquisitions that will grow its footprint in the industry and expand the products it offers consumers, including companies developing artificial intelligence (AI) and smart technology products.

About Applied Magix
Applied Magix, Inc. develops and resells Apple® ecosystem compatible products in the growing multibillion-dollar IoT smart home and connected car markets.

Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our growth strategy and product development programs and any other statements that are not historical facts. Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law. Investor Contact: [phone] [e-mail]

Company Name: SPYR Inc, dba SPYR Technologies
Address: 6700 Woodlands Parkway, Ste 230 #331
The Woodlands, TX 77382
Email Address: [e-mail]
Public Relations Contact: [e-mail]
Email address: [e-mail]

Corporate Communications
IBN (InvestorBrandNetwork)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[e-mail]

https://ir.spyr.com/press-releases/2022/spyr-technologies-applied-magix-exploring-intellectual-property-acquisition-targets

[vanegray]

I guess they just realized there's a big world out there. If they think they are going to do it alone, it will take years to hit the balance sheet if they can make it work.

[Televet]

SPYR Technologies’ Applied Magix Considers Increasing Its Distribution Network to Include South America, Asia and Europe
Apr 26, 2022


https://ir.spyr.com/press-releases/2022/spyr-technologies-applied-magix-considers-increasing-its-distribution-network-to-include-south-america-asia-and-europe

Great news! This added distribution is just what we needed.

[vanegray]

Sorry, didn't see posilock's question. Thanks.

[debrojo]

No it's the right board. posilock asked what I paid in 2017 and that is what I paid, $0.48/share. Also bought some in 2016 for $0.335/share but sold those for $0.396/share.

[vanegray]

Are you on the wrong board? This makes no sense.

[debrojo]

Too much! More than I did in 2016 but we had sold those & made a little profit. $0.48

[vanegray]

We didn't know Magix/SPYR had a success. Their success didn't show up on their last filing. Their message is deceptive. In this game you keep score with dollars. This is another empty message. Please, no more news releases. Matula sounds like Fiore, hmmmmmmmmmm, could it be. Is it asking too much for these amateurs to work hard and get this stock to 10 or 20 cents.

[Televet]

SPYR Technologies’ Applied Magix Announces the Launch of Development for Next CarPlay Products


https://ir.spyr.com/press-releases/2022/spyr-technologies-applied-magix-announces-the-launch-of-development-for-next-carplay-products

[joe_techi]

Eat at Joe's, a defunct diner in Philly. They are now all penny stock mavens all the way down to the dishwasher. GL here, you will need it

[vanegray]

PLEASE, no more news releases.

[vanegray]

PLEASE, no more news releases.

[Televet]

SPYR Inc. (SPYR) Delivers Everything Smart to Loyal Apple Consumers
Apr 20, 2022

https://ir.spyr.com/press-releases/2022/spyr-inc-spyr-delivers-everything-smart-to-loyal-apple-consumers

[Televet]

SPYR Technologies’ Applied Magix Announces Summer Product Sale
Apr 19, 2022

https://ir.spyr.com/press-releases/2022/spyr-technologies-applied-magix-announces-summer-product-sale

[RandyKCMO]

Hey Capt. Is there a free website where that information is available?

I noticed that the OTCMarkets.com website, also reported that the company was under promotion.

[vanegray]

[vanegray]

If you can't answer that for yourself you are in the wrong place. All great investments go down 40% on empty news. LOL

[posilock]

Should I stay or should I go? Thoughts anyone? Sell or ride it out? I'm down 50 percent

[vanegray]

Are you surprised? How much did you expect with little to no market share through inadequate advertising? Having said that, developing companies have little to zero budget for marketing and that's a major barrier to improving the balance sheet. I think their efforts are misguided because I do know how and where they should go. It also takes longer than 2, 3, or 4 quarters. Seems to me you require instant gratifications. Doesn't work that way. Bigger challenge to new developing companies is having enough money to stay alive.

My comments are based on the premise that Joe didn't create this nightmare just to churn stocks, in and out for pennies. I'm not convinced. He seems to go on the cheap with staff and ads.

[Televet]

10K out. Still no revenue.

https://www.otcmarkets.com/filing/conv_pdf?id=15734687&guid=90ewkqF2LQvuB3h

sheesh

[posilock]

What did you pay in 2017?

[vanegray]

Sorry, you can't fool all the people all the time and can't push this pig to a dime. Maybe next week. Come on Joe.