SPYR INC. Retains New York-Based Investor Relations Firm Consulting for Strategic Growth 1, Ltd.
DENVER, May 18, 2016 /PRNewswire/ -- SPYR INC. ("SPYR") (OTCQB: SPYR), announced today that it has retained Consulting for Strategic Growth 1, Ltd. ("CFSG1") as its primary investor relations and corporate development firm in order to drive investor awareness of SPYR's position as a holding company. SPYR's primary focus is on the publication of mobile games through its wholly owned subsidiary, SPYR APPS, LLC.
CFSG1, with offices in New York, is a recognized leader in Investor Relations and Corporate Development Consulting. It specializes in the development of access to capital for early-stage growth companies. With decades of hands-on experience and broad personal outreach in the private and public investment communities, CFSG1 will focus on putting SPYR in front of the right investment decision-makers. These decision makers, along with market makers, institutions, and accredited investors are intimately familiar with the micro-cap market and are positioned to participate in SPYR's unique position as a publisher and developer of mobile games.
Stanley Wunderlich, CEO of CFSG1, remarked, "We are extremely excited to join SPYR as it moves into a new phase of growth following the successful implementation of its new vision to gain entrance into the mobile game business."
James R. Thompson, CEO of SPYR stated, "We look forward to working with CFSG1 and our goal is to become a significant strategic player in the digital game publishing sector with Pocket Starships. With CFSG1 on board, we can bring our story to investors in the mobile gaming sector and demonstrate the strong growth opportunity that continues to develop for SPYR."
About SPYR
SPYR, INC. is a holding company that through its wholly owned subsidiary SPYR APPS, LLC, is engaged in mobile application and game publishing and development. SPYR, INC. also owns and operates an "American Diner" theme restaurant located in the Philadelphia International Airport in Philadelphia, Pennsylvania called "Eat at Joe's®" through its other wholly owned subsidiary, E.A.J.: PHL Airport Inc. The Company is currently exploring opportunities for additional acquisitions in these and other verticals, including mobile application and game development, in order to expand its holdings, to drive and increase revenue and to generate profits and build value for shareholders.
Cautionary and forward-looking information
Safe Harbor Statement:
This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Readers are advised to review our filings with the Securities and Exchange Commission that can be accessed over the Internet at the SEC's website located at http://www.sec.gov.
Contact:
Investor Relations
Stanley Wunderlich
Consulting for Strategic Growth 1 Ltd.
Tel: 800-625-2236 ext. 7770
Email: [email protected]
SOURCE SPYR, INC.
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