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SPYR, Inc.'s Anticipated Revenue Projections Could Offer Significant Shareholder Value
SPYR, Inc.'s Anticipated Revenue Projections Could Offer Significant Shareholder Value.
About this update from Spyr, Inc.
[{"type":"text","content":"\nSPYR, Inc.'s Anticipated Revenue Projections Could Offer Significant Shareholder Value\n\nSPYR, Inc.'s Anticipated Revenue Projections Could Offer Significant Shareholder Value\n\n\n NEW YORK, NY--(Marketwired - May 04, 2016) -  SPYR, Inc. (OTCQB: SPYR) signed a deal earlier this year with Spectacle Games to assume the publication and marketing of its free-to-play Massively Multiplayer Online Game (MMO), Pocket Starships (www.pocketstarships.com). At the time, it wasn't completely clear how this news would factor into the company's future, but this week SPYR explained more about the opportunity that Pocket Starships offers the company, and its potential for significant and sustained revenue growth. So, while at first this announcement may have seemed to be just another publishing deal for a small app development and publishing company, a closer look at this week's news shows it may be the very thing that significantly propels SPYR's bottom line well into the future.In this week's news release, SPYR used the example of the revenue generated by World of Tanks, another successful MMO game that the principals at Spectacle Games worked on and helped bring to market. According to industry sources, World of Tanks has generated more than $1.3 billion over the last three years alone, and SPYR plans to use the same formula for Pocket Starships that was used with World of Tanks and a number of other successful games, with the goal of driving impressive revenue that could reach well into the hundreds of millions of dollars each year.The relationship between SPYR and Spectacle Games should be exactly what can make this MMO game a success for SPYR and its shareholders. After all, Pocket Starships, being a cross-platform game, already has a significant number of players on the web and on mobile devices. This partnership will allow Spectacle Games (the developer) to focus solely on the crucial content updates and improvements to the game that will help keep current users engaged, while SPYR (the publisher) manages the marketing and the acquisition of new users for Pocket Starships. It is this crucial balance that is necessary for a game to see long-term success. SPYR's Chief Executive Officer, James R. Thompson, said that the revenue generated by Pocket Starships will be driven by \"in-app purchases,\" so increasing the user base is natu...