SPYR Inc (SPYR)

[RandyKCMO]

From this, it's pretty obvious that both Joe Fiori and management have significant skin "in the game." I remember hearing a long time ago that many of these shares were accounted to management and even Mr. Fiore himself, at 40 cents per share.

In addition to this, there have been multiple hundreds of thousands of dollars put in the company over the last few years to meet expenses and keep the current with its filings.

The only way that all these earlier investments and subsequent fundings get returned or returned with profit is if the company becomes something more than it is at the moment.

Another factor, I've heard that there is a significant naked short position outstanding. I don't see how it can be, but I do not doubt that there are companies that try to take advantage of negative news and events, and will at times bet on and help companies fail and go bankrupt by making funding impossible. So could there be a significant uncovered short position? Who knows. Maybe.

Well, I'm guessing this will be PR'd in the next day or two... and then we'll have to wait and see!

Oh... one other factor... see my earlier post that since the first of the year, management and insiders have been getting their Sched 3 and 4 filings up to date. Once again, Why? If this is a sinking ship why bother?