Increased volume and price this week.
The 500,000 share ARCA sell order overhang hs been gobbled up. Trades took place as high as 14 cents.
I don't know the why or the wherefore, but I like it.
Hopefully, we're approaching the day when the company will finally be able to close on its announced acquisition. Perhaps it will become the company the 10Q's and 10K's indicated that it was hoping to become.
What is it that SPYR needs to move forward? What every start-up company with a viable business plan has ever needed...
SUBSTANTIAL INVESTMENT CAPITAL!!!
Jake and a few others will say I'm foolish and dreaming, and they might be right.
BUT from my perspective... among the most compelling arguments, are the answers to the following questions. WHY? Why bother with all this?
1. Why bother maintaining a QB quality reporting and full OTC grade filings and reports on SEC.GOV?
2. Why file, maintain and amend an S-1A Registration statement?
3. Why develop a world-class blockchain) Bitcoin and Crypto-currency pay system?
4. Why develop marketing relationships with the Star Trek trademark company and Cartoon Network, and spend millions developing a popular video game, Stevens Universe: Tap Together?
5. Why talk about a "Roll+up Strategy" and announce the first (of more-- one would assume) accreditive acquisition... if it wasn't viable and there wasn't the intention to carry through?
6. What does Stephen Crystal, Esq. have to do with anything? This goes back a year, but refers to "a representation and advisory deal" with a video-game mogul. Why? Who does he know and what relationships does he bring to the table?
I guess my overall point, and the reason I've not yet headed for the hills, is because I don't think SPYR is ready to call it quits. If it was going to quit or go bankrupt, it likely would have done so already. But no, those financing the company keep ante-ing up and providing funding for the company.
I'm hoping that one day (hopefully sooner than later) we'll hear that an underwriting or financing agreement had been reached... and they will be able to execute their business plan as never before.
I might be delusional, but what other explanation makes sense?
Watch for opportunities with those you trust.
