SPYR Inc (OTCMKTS:SPYR) is taking some critical measures to excel in mobile game and app industry. In order to become a real player, the company has just turned to Paul Thind to make that happen. The management engaged Thind, a leading executive in the virtual world, digital space, mobile games, internet and entertainment space, as its MD of Games and Applications.
Thind has been named as a “brand builder” in the market, and with this engagement, SPYR has significantly enhanced its mobile game and app business. The company reported that Thind, who has seventeen years of experience in the related segment, will manage the acquisition, monetization, development and marketing of mobile games and apps for the company.
The announcement timing is ideal provided the growth that the respective industry is enjoying. As per eMarketer.com, the industry of mobile games and app is expected to surge grow 16.5% with mobile games contributing for more than 30% of the country’s mobile content market in 2015.
In last trading session, the stock price of SPYR consolidated and closed flat at $0.250. The total traded share volume was 20,500 compared to average monthly share volume of 58,343.
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