SPYR Inc (SPYR)

[JakeF1972]

Saladan please explain what the brokers/consultants/ advisors did to benefit the company and get all this stock for free? Answer, not a thing.Thats my grip. Yes I understand you can pay someone with stock if they do a job, but my god, here they did nothing and by a back of the envelope calculation the company gave away 20% plus of the float to these "advisors/consultants" at zero cost. The names, let me just say the regulators know who they are, no need to name them here. What I do know is several of these advisors work in concert with this one particular broker on LI. And it has been documented that they have been involved in numerous pump and dump schemes (ITEN,MHCC both went to zero with ITEN shut down by the SEC) and like with SPYR, got stock for doing nothing but being a friend of the company. My post are negative because mgnt team has enriched themselves and their cronies at the expense of the shareholders by egregiously giving stock away like its candy.

Why is Fiore still in the Chairman seat? The answer is that the board is controlled by and is nothing more than surrogates of his, nowhere near being independent. Its about time the SEC and FINRA focused on scams like this and shut down people like Fiore and his cronies.