SPYR Inc (SPYR)

[RandyKCMO]

From my perspective this next step is pretty big news. Walmart, eBay, and Amazon are nice, but Applied Magix was just a little fish in a pretty big ponds. Today’s news shows that SPYR is serious about becoming a technology company that is actually utilizing some of the technology that’s available out there to drive and increase their sales.

It seems Applied Magix plans to continue releasing new products and a growing revenue stream. I think marketing our current and future products like this is a great move!

Also in SPYR’s disclosure statement there’s a not so cryptic hint of the direction the company is hoping to go.

“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. “

It might just be wishful thinking on their part, but it sounds to me that Applied Magix isn’t the only or last acquisition that SPYR hopes to bring into its corporate structure.

Assuming they are successful at this, the share price won’t be staying at these paltry levels much longer.