SPYR Technologies (OTCMKTS:SPYR) Stock Moves Up A Bit After Announcing A New CPA

Shares of SPYR Technologies (OTCMKTS:SPYR) moved up a bit in the previous trading session.

Market Reaction

On Thursday, SPYR stock  went up 3% at $0.0694 with more than 6k shares, compared to its average volume of 207k shares. The stock has moved within a range of $0.0620 – 0.0693 after opening the trade at $0.0620.

SPYR Technologies Welcomes Trang Nguyen, CPA as Principal Financial Officer

Technology company, SPYR Technologies (OTCMKTS:SPYR), on November 11, 2021 announced appointment of Trang Nguyen, CPA as Principal Financial Officer.

The company has subsidiary Applied Magix developing and reselling Apple ecosystem compatible products in the Smart Home and Connected Car markets. Ms. Nguyen joins the team after the firm’s CFO, Barry Loveless resigned and will be performing its financial-compliance and internal accounting.

James R. Thompson, SPYR CEO & President expressed excitement on having Ms. Nguyen joining the management team as her experience with reporting, auditing and procedural part will be precious asset. Thompson also expressed gratitude to Barry for years of dedicated service and wished him success.

Ms. Nguyen said that she is looking forward on assisting SPYR accomplish objectives and aligning financial, reporting as well as compliance strategy to grow the company and increase shareholder value.

Nguyen holds a Bachelor of Art, in Business Economics with a Minor in Accounting, from the University of California.

She is also a CPA (inactive license) and served as Financial Reporting Manager for Del Taco, where she prepared and filed periodic financial reports with the U.S. Securities and Exchange Commission, ensuring internal controls and procedures as well as enhancing accounting business processes.

Nguyen has also been an Accounting Manager for Pinnacle Tax Accounting in Los Angeles.

Traders Review

SPYR stock is trading below the 20-Day and 500-Day Moving averages of $0.0721 and $0.0987 respectively. However, the stock is trading above the 200-Day moving average of $0.0576. The stock is up 83% over the past month.

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