After his appointment as head of SPYR Inc (OTCMKTS:SPYR) Games and Applications segment, Paul Thind highlighted the business strategy for the coming period. He said that through games publishing and acquisitions, procurement of co-development agreements and dramatic expansion, they aim to lead SPYR APPS for strong success.
The company culture will rely on the strong analytics-based perception and Key Performance Indicators that he has identified to be incredibly remarkable in the mobile games business. By designing a business strategy, the company intends to boost long-term shareholder value. SPYR has been recruiting industry pioneers to increase its market share in digital industry. Back in July the company engaged Adam Tuttle to look after the digital media and ad segment.
In last trading session, the stock price of SPYR jumped more than 8% to close the trading session at $0.260.
Atrinsic, Inc. (OTCMKTS:ATRN) Gains Over 160%
It was a remarkable Tuesday for Atrinsic, Inc. (OTCMKTS:ATRN) as its stock price jumped more than 160% to close the day at $0.00250. There was no evident reason behind this sharp jump. The company submitted Form 8-K on September 9, 2015 and revealed issuance of secured convertible notes to two entities. The first group is Hudson Bay Master Fund Ltd. while the second is Iroquois Master Fund Ltd. Both of them are secured lenders.
CrowdGather Inc (OTCMKTS:CRWG) Gains On Back Of Mega Fame Casino Performance
CrowdGather Inc (OTCMKTS:CRWG) recently reported revenue that surged 74%, gross profit rose 84%, and net loss narrowed during the first quarter of FY2016. Mega Fame Casino & Slots, acquired through Plaor featuring poker and slot machines, has proved to be a major growth driver for company over the past year. With almost 20,000 daily active users, it generated more than 80% of total revenue and helped offset a decline in revenue from forum advertising.