SPYR Inc (SPYR)

[timetomakemoney]

Because the SEC doesn't care about OTC companies. So MMs get away with illegal naked shorting. MMs know that the majority of OTC will issue more shares or go bankrupt.

[vanegray]

Why would MMs short this crap company? There's no down side potential and no logical reason to do so. If a real market maker wanted to short this thing, the time to do it was at .10 or higher. Basically, a short sale is still a mechanism in which to make money. In addition, why would any MM want to control the action of this stock. The company can't even control/influence its' price? There is one reasonable answer, to manipulate the stock up to support the company's share price and that won't be in size and not happening here.

The sales are just people who are sick of stupid.

This is solidly under .02 and lots of stock sitting over the market. Please stop saying silly stuff.

[timetomakemoney]

Almost 1/2 million shares at the ASK.

[timetomakemoney]

No I believe MMs naked short any buy orders.

[againstallodds]

That's a fair amount of dumping isn't it?

[timetomakemoney]

Almost another million shares day.

[timetomakemoney]

Nice Action yesterday over 1 million shares traded hands

[timetomakemoney]

SPYR is buy Jan technology. My hunch a company will probably buy SPYR.

[vanegray]

Has there been talk of a merger? Certainly not an acquisition because there's not something real at this time to acquire. In that sense what is there to merge with? Is there anything of worth, proven yet, anything of value? What have I missed?

Statements on the internet are not often clear that they are or are not an opinion. Not being face too face makes somethings hard to interpret.

[timetomakemoney]

No facts just my opinion. First move could be .04 or higher. Merger buyout is big because it will give SPYR a listing on the Nasdaq.

[vanegray]

Why? What makes you say that. Is there something that will affect/increase sales. Is there something that will really encourage people to buy SPYR with enthusiasm. Just the facts. If you can't say don't say. .40 cents would be great but fear you don't know who you are dealing with. I am ever the hopeful.

[timetomakemoney]

This will move to 40 cents by year end.

[vanegray]

Just the facts sales prices and last sales. not your vulgar nonsense.

[vanegray]

Oh I see, 6 trades in the middle of the day at .023. I don't want to be unkind but that's not how you measure success.
Green or Red but if it makes you happy, OK!

[vanegray]

Help me out here, in July 2016 SPYR was at .087 and now it's in the green? Do you have any idea of what you are saying or what it means? SPYR closed today at .021. We are getting ready for the mythical .01s. What am I missing, GREEN. yikes!

[timetomakemoney]

Wow SPYR is green after many RED weeks
. Hmmm when will JAN buyout be completed

[vanegray]

Ok, that helped my understanding a little but I need more.

How many finished products/releases etc. have been delivered for the 450,000 bucks. From the description of Emerging Market Consulting as a syndicate of probably loosely associated individuals I question how they can be successful. A demonstration of their ability is clearly the power of their BS to get 450,000 dollars from these bush leaguers. I shouldn't doubt should I?

Ok, I admit it, I don't know anything about EMC but really, $450,000.

How do the syndicate members divide the money? Who gets what?

I would like to know more though, is the tracking stuff for theft protection, tracking vehicles, what is the range? How small are the devises.

[Televet]

https://ir.spyr.com/press-releases/2022/emerging-markets-report-introducing-the-blue-collar-internet-of-things-iot

[vanegray]

If that's the case and SPYR still thought the technology was still of value a better deal could have been struck in favor of SPYR as in a conditional payout initiated with small lump/good faith down payment. Did they just do someone a favor or was this just a legal way to get some money out of SPYR for the few, remember, everyone involved, they are joined at the hip. Joe F., Matula, even a lackey like Molinaro. Never forget. 13 plus million for what?

[againstallodds]

JANONE wrote-off this parent completely

No commercial value accordinto previous ownew

Very old info by the way

[Televet]

SPYR’s Subsidiary GeoTraq Granted Patent Covering Various Aspects of Operation of Its Mobile IoT Wireless Modules

Jun 14, 2022

https://ir.spyr.com/press-releases/2022/spyr-s-subsidiary-geotraq-granted-patent-covering-various-aspects-of-operation-of-its-mobile-iot-wireless-modules

[vanegray]

Closed at .021, stay tuned. no no no, .01 bid is not where you want to be. When the offering is .01 it's time to start thinking. Who can guess, .005 might be where the market tells us where the buy is. Stay tuned

[vanegray]

Just traded at .0229, no size, stand by.

[vanegray]

Last sale .024. 1 mil plus shares traded. Stand by. 1:36 pm

[vanegray]

SPYR is trading at .0245. Could we be at .01 or lower by end of day? Could it be a buy, maybe, maybe not? Stay tuned.

[againstallodds]

who is dumping???

[againstallodds]

They are EXTREMELY LATE IN IOT GAME

This pld 2019 device NEVER GENERATED REVENUES for JAN

Here in 2022 they are trying to go against Apple...

Too little, too late and too under financed for that IMP

Someone selling shares in the mean time

Remember, they paid $13.5M for old inventory and a completely written-off company.

Tim Matula, what’s your problem???

[Televet]

"GeoTraq develops and 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.

The last line… “with no product development required of the customer” is important as the customer, for instance, a large construction company, can quickly roll-out, from a relative standpoint, the GeoTraq tech for inventory control, gas, water and electric metering, equipment monitoring, supply chain and logistics oversight."

This could be big. Would like to learn more about the product.

[Televet]

Emerging Markets Report: Right on Traq
SPYR, Inc. and Emerging Markets Consulting, LLC.

https://finance.yahoo.com/news/emerging-markets-report-traq-110700238.html

[vanegray]

250 thousand shares, more than half traded below .03 in the .02s after all this big news. Unfair, maybe but really, what's happening with all the other great products?
Just wondering, not looking for your 30 pieces of silver. .01 or .10 will make me happy.

[vanegray]

Have you wondered why SPYR hasn't put out a news release heralding their lates deal? Your process is basically flawed. Never forget the thirty pieces of silver. How much spyr do you own now?

[RandyKCMO]

Also found in SPYR’s most recent 8-K

https://ih.advfn.com/stock-market/USOTC/spyr-qb-SPYR/stock-news/88234771/current-report-filing-8-k

[RandyKCMO]

In the press release from JAN One:

https://www.otcmarkets.com/stock/JAN/news/story?e&id=2228510

NEWS
JanOne Sells GeoTraq to SPYR Technologies in a $13.5 Million Transaction

Sale of GeoTraq allows JanOne to focus on core business strategy

LAS VEGAS, May 31, 2022 /PRNewswire/ -- JanOne Inc. (Nasdaq: JAN), announced today that it has sold substantially all of the assets, and none of the liabilities, of GeoTraq Inc. ("GeoTraq"), its wholly-owned subsidiary, to SPYR Technologies Inc. ("SPYR").

"We believe this transaction further allows us to focus on our main business," said Tony Isaac CEO of JanOne. "Right now, our priority is the development of drugs with non-addictive, pain-relieving properties, specifically JAN101 (formerly known as TV1001SR), which is a potential treatment for peripheral artery disease (PAD). This sale of our subsidiary will help us continue to fund the necessary clinical trials for JAN101."

Pursuant to the Asset Purchase Agreement, the aggregate purchase price for GeoTraq was $13.5 million, payable in cash and shares of SPYR's common stock. At closing, SPYR issued to JanOne 30,000,000 shares of its common stock and delivered to JanOne a five-year Promissory Note in the initial principal amount of $12.6 million. The Promissory Note bears simple interest at the rate of 8% per annum and provides quarterly interest payments in arrears, which may be prepaid at any time without penalty.

[vanegray]

What are you quoting and where can I find it?

[RandyKCMO]

I would say this is past tense.

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

[vanegray]

Almost a million shares traded , why? Maybe Matula can tell us if Joe lets him.

[vanegray]

On May 31 SPYR announced a "material definitive" agreement to acquire Geo Traqs. As far as I can see/find there's been no announcement of the signing or completion of the deal. Now SPYR announced "its' subsidiary," Geo Traqs product, a tracker module has received certification satisfying the FCC. Sooooo what's going on, did SPYR actually buy this thing or is it a lie. at the very least, if everything is above board it was done wrong. Very bush league, we are dealing with Matula, his master Fiori. Is it possible they own Geo Traqs stock? Hmmmmmmmmm

[Eurotradr]

$SPYR Technologies - GeoTraq’s Tracker Module (GT-TM100) is FCC Approved and Ready for Market. Full on diamond just waiting to be found!!
https://ir.spyr.com/press-releases/2022/geotraq-s-tracker-module-gt-tm100-is-fcc-approved-and-ready-for-market

[vanegray]

When we get to sub penny will this silly company be a buy? Maybe. The reason for the "hints" of future effort while not talking about new product efforts is only an effort to keep this company at .02/.03 not letting it go lower. If management weren't so sleezy their performance might be more acceptable. They can't get to .10 cents and the lower the stock the less buying power they have for future efforts. They need more stock to spend on new efforts when the stock just keeps going down. Who do you think runs it up to say .04/ .05 every now and then?

[Televet]

thx Didn't see it in the SPYR PR.

[againstallodds]

Matula, do you still own shares of JAN?

If so, would this be considered conflict of interest ?

Is SPYR the sacrificial goat here ?

Why on earth pay $134M for a written off asset with obsolete technology ?

[againstallodds]

From JanOne own mouth:

https://www.otcmarkets.com/stock/JAN/news/story?e&id=2228510

Pursuant to the Asset Purchase Agreement, the aggregate purchase price for GeoTraq was $13.5 million, payable in cash and shares of SPYR's common stock. At closing, SPYR issued to JanOne 30,000,000 shares of its common stock and delivered to JanOne a five-year Promissory Note in the initial principal amount of $12.6 million. The Promissory Note bears simple interest at the rate of 8% per annum and provides quarterly interest payments in arrears, which may be prepaid at any time without penalty.

[Televet]

Where did you see the $13.5M figure?

[againstallodds]

From Timothy A Matula linkedin profile

He was nehind the original Geotraq acquisition by Janone, that got completely written off after 2 years !!! What a genius.

And now he’s shelling $13.5M for that same technology

Explain this Timmy boy !

Will SEC watching you as eell ?

Member of Board and Audit Committee
Appliance Recycling Centers of America 2016 Las Vegas, Nevada Area Independent member of the Board of Directors serving on the Audit Committee (NASDAQ: ARCI). Advised the company on the spin-off of the Appliance Smart subsidiary with revenues of $60 million and chose the winning offer for the company from three competing offers. Assisted in the Acquisition of GeoTraq, a company that owns what is widely regarded as the world’s smallest cellular tracking module designed specifically for the Internet of Things (IoT) market.

[againstallodds]

After changing accountants, Geotraq was written off entirely

by JAN

[againstallodds]

Wonder who are the note holders...

[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]