SPYR Inc (SPYR)

[RandyKCMO]

Hey Televet,

I think this is part of the companies plan to continue is fund is operations and acquisitions. I seem to remember at one point there was a concerted effort to line up those who held warrants, notes, and/or options.

I think the company or those friendly to the company, were able to get most of these under contract. So, in affect the difference between the "under contract" and the exercise price will be realized by and benefit there company.

I'll grant, I've not yet read the 250 pages of this filing, but as we're betting on the future long term success of the company, I think this just part of the plan.

Time will tell.

Randy