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Wednesday, 05/21/2014 5:02:37 PM

Wednesday, May 21, 2014 5:02:37 PM

Post# of 7488
Great Job, Myry
Reducing debt for 300k in one year, go straight on

Forward This Message:
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.................

Dear Investors,

Our company has released our quarterly report yesterday and we are proud to say we are steps away from having a debt free company sitting on several key assets to take us forward into the future.

Approximately nine months ago our company had just over $429,000 in debt, many of that was toxic and really effected the company in a negative way, especially our share price. The OTC markets in the USA is a very difficult place to operate as there are not many straight forward and fair ways to raise capital. When you couple this with what was a declining market, our company had no choice but to take on toxic debt to keep our lights on. It was either take the debt and pay our employees whom have families like you and keep the ship afloat, or just turn off the lights and walk away. I decided to fight at all costs and keep the company going.

We worked hard and built some pretty cool assets that today continue to evolve and come together in a way where we building key relevant technologies in today's market and taking them forward where we feel that things are starting to come together. We are very pleased to announce that we have reduced our debt to just over $100,000.

The majority of our debt today is legal debt, approximately 75% of our current debt is in the form of legal bills. It is expensive to run a public company, but overtime I have learned how to become more and more efficient and keep the company going while at the same time remaining compliant and fully reporting.

Some Investors will mention dilution, well yes we had to undergo a certain amount of dilution, but at the same time, we were able to bring in stronger shareholders and eliminate Asher out of the picture which if you have seen the track records of other companies with Asher involved, they tend to go triple zero very fast, and never recover. So today we are just over 136m shares outstanding. If Asher took down all the notes they had, that number could have been 300M+ shares outstanding right now and the stock price would have been much worse. One of our strongest shareholders has acquired a position worth almost $1 million dollars on the open market and was instrumental in buying Asher out of the market.

Investors have sent many comments in about our stock price. Clearly we are not happy with our stock price, but the market determines where we trade, and it is obvious at times our stock is traded in very weird ways. Myriad does not have any knowledge about who trades the stock this way and why, nor do we know why we are constantly on the "fail to deliver" list under Finra Regulation SHO: http://otcshortreport.com/index.php?index=myry&action=view#.U3xBk1hdXNs
This consistent market bullying is highlighted above and demonstrates our never-ending battle with this issue. In fact many of you know that our company originally built OTC SHORT REPORT to track this very activity. We assume the traders that partake in this type of activity aren't very fond of us.

Moving on, we have received a lot of emails demanding news. We understand Investors want news and understandably you deserve to be updated. Please understand that we have quite a few things going on with different parties and that means at times consents are required. Every company works at different speeds and it is important that all the parties we work with our on the same page when we decide to put out news surrounding our projects.

At this time we would like to update Investors on the following projects:

Medical Marijuana App

Development continues on this and we have made a few different changes with regard to direction which is slightly differs from our original scope. This is due to several developments in the industry which meant we had to make some adjustments and additions. This project is still underway and the company has been talking to some key people in the Industry in Canada about leveraging this technology even further to the benefit of our stakeholders.

ItsComingToBitcoin.com

We have launched this website as a marketing campaign initially to serve as a platform to collect a targeted audience
We are currently making adjustments to ensure we are financially ready to build this project as it will be one of the largest undertakings the company has ever taken.

CryptoCafe.com

We have delivered this project as the first official project in entering the Bitcoin space. Many early investors may have been aware that we were initially experimenting with bitcoin mining but found this too risky for the company due to the significant speed in difficult levels changing and GPU power / ASICS becoming obsolete so quickly. This lead us to move forward into the software side of things and we decided to get our feet wet with this project first. We have several other additions planned for this website which will be rolled out over the next couple of quarters. We have increased our marketing efforts as well.

We ask investors to share the website with their friends and family that have interest in the space which helps us build our traffic.

Myriad-Knizia Games

There are not too many companies of our size and definitely on our market that can say they have struck a deal with a global game designing legend.  But Dr. Knizia whom has worked with the biggest names in the gaming industry believed in our vision and gave us a chance to work with him. If all goes well with our first game, you can bet this won't be the last of opportunities for our company.  We are working on our initial scopes and have been focusing on the design elements at this time. A clean cut catchy design is of the upmost importance and we have outsourced a design guru with specific focus within this sector to come on board. We are very excited.

German Trip Announcements

We have released one press release resulting from our German trip as referenced above with the gaming unit, but there is one other deal from Germany that we have just closed and will be making an announcement shortly.

Aside from all the above, the company is working on many exciting things and are constantly searching for ways to deliver additional value for shareholders. Please remember, we are a small firm, but our dedication is to building Myriad with the ultimate goal of delivering value for you our shareholders. We will continue to work diligently and do our best to perform for you our supporters.

Thank-you

Derek Ivany
CEO
Myriad Interactive Media Inc.

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