Being chosen as a pick of the year for anything is always good for a companies reputation. SPYR, Inc. (OTCQB:SPYR) has been labeled by the “Stock Pick of the Year” by KonLin Letter. Konrad Kuhn is a leading analyst who has been picking low priced stock that exceeds the expectations by having significant profit-making. Kuhn has been doing this for over 30 years, and is also the founder of the publication titled KonLin Letter.
His monthly publication has named SPYR, Inc. as its “Stock Pick of the Year” for 2015.
What is a main contributor for the predicted success of SPYR? That can be attributed to James R. Thompson becoming the company’s new CEO. The changes in the executive officials is what Kuhn is calling an “aggressive makeover”. SPYR is operating in two explosive growth industries, digital publishing & advertising and mobile apps & games development.
Another reason that SPYR is the “Stock Pick of the Year” is highlighted by the “insider” holdings. Currently the publication states that 83% of the company’s total outstanding shares are in fact insider holdings. The rebranding of SPYR offers investors significant opportunities that will also increase shareholder value.
Kuhn believes that the company is expected to generate roughly $12 million in revenues in 2015. The anticipated acquisitions and rapid organic growth is estimated to double in 2016.