SPYR Inc (SPYR)

[Televet]

Could this be happening soon???

March 28, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – SPYR, Inc. dba SPYR Technologies (OTCQB: SPYR)


The Company has been in preliminary discussions with two companies targeted for possible acquisition this year. One company is a well-positioned industrial lighting developer, whose business is focused on the marketing and sale of its proprietary lighting technologies which are widely adopted as the industry standards in the transportation and industrial lighting spaces. The target company has a good track record of revenues and would be a strong fit for the Company. The Company expects to execute a non-binding letter of intent soon that will include a stand still clause, providing the Company with the security and time it needs to complete its due diligence on the acquisition.