We are a Delaware corporation formed on July 13, 1999. Our principal executive offices are located at 7 Ingram Drive, Suite 128, Toronto, Ontario, Canada M6M 2L7. Our telephone number is 1-800-427-1103. On July 6, 2011, we changed our name to Myriad Interactive Media, Inc. We are currently focused on building in house applications and technologies that the company wholly owns and can drive revenue streams from.
Mingle Suite Application
On September 19, 2012, we entered into an Agreement with Kalim Kahn to acquire all rights to a social media software application known as “The Mingle Suite Application.” The closing date on the acquisition was October 1, 2012. The Mingle Suite Application is a unique social media application that combines popular social media networks like Facebook, Twitter, Google+ and YouTube into one place. This will allow for seamless integration and ease of use for corporate clients looking for both an all-in-one solution for social media management, and a unique search engine optimization tool equipped with sophisticated analytics. The application was developed over a year ago, and it is comparable to other popular social media platforms like HootSuite, Vitrue, Buddy Media & Radian6.
Our Agreement calls for a total purchase price of $250,000 to be paid for the Mingle Suite Application. The purchase price shall be paid as follows:
· Issuance of 5,000,000 shares of our common stock, to be valued at $75,000; and
· Issuance of a Promissory Note in the amount of $175,000, payable on or before October 1, 2014.
Our obligation to repay the Note in full was conditional upon the seller generating a minimum of $500,000 in sales of the Mingle Suite Application on or before the due date of October 1, 2014. The seller has subsequently released us of all obligation under the Note.
MyMobiPoints.com
We have successfully developed a mobile technology that allows users to share uploaded social content to their social media networks in exchange for receiving loyalty points. These loyalty points are redeemable within the app and utilized towards goods and services that are sold by the end-client. The enterprise style application is a mobile application that is custom brandable for small-to-medium-sized enterprises and offers a wide array of mobile features. As a compliment to this technology, we acquired a back-end technology from Brazo River Technologies, Inc. that tracks social engagement and utilizes various social media application programming interfaces (API’s). We felt it was much more cost effective to acquire this technology and re-integrate it than build it from scratch. As part of the acquisition from Brazo River, we acquired the “MyMobiPoints.com” brand name.
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We paid a finder’s fee to Ticker Logix, Inc. in connection with this transaction. Ticker Logix is our biggest client and previously Mr. Ivany sat on the board to ensure that we were protected in regard our original development contract. After Myriad successfully developed the technologies for Ticker Logix, Mr. Ivany resigned, as Myriad’s accounts payable were received.
CryptoCafe.com
On February 24, 2014, we launched a website platform called CryptoCafe which is a new and used marketplace to sell items in exchange for Bitcoins. We built a proprietary escrow system to allow users to securely complete transactions and rate feedback. On March 24, 2014, we began re-development of the website and new back-end integration allowing for alternative cryptocoin coin integrations. On April 14, 2014 we successfully launched the new version of CryptoCafe, which includes the acceptance of Dogecoin, another popular crypto-coin. On September 26, 2014, we sold a 75% ownership interest in the CryptoCafe.com, code, website, and domain name to Mouse, LLC for $12,000. On October 6, 2014, we sold our remaining interest in CryptoCafe.com to Mouse, LLC for $4,000. Alan Sosa, who current owns approximately 13% of our common stock, is the principal of Mouse, LLC. We will provide maintenance and future work towards the project on a separate contract which is under discussion at this time.
BTCTickers.com
On March 4, 2014 we launched a web platform to track publicly traded companies that are in the Bitcoin space called the Bitcoin Stock Index. This website calculates the respected values of each company traded in the USA that is primarily focused on bitcoin or cryptocoin related developments. The company values are weighed into a basket and displayed as one total price representing the index value. The website also serves as a marketing platform to further promote our other business ventures and to derive advertising revenue.
Myriad-Knizia Games
On April 16, 2014, we announced a partnership with Dr. Reiner Knizia, a world famous game designer from Germany. We are currently working on development of a mobile game that has previously been invented by Dr. Knizia. We have signed a contract for the rights to this game and will pay Knizia Games royalties on future sales. As compensation to Dr. Knizia, we issued 500,000 shares of common stock. In addition, Dr. Knizia will receive royalties equal to 2/7 of any net sales revenue from the game.
Ebola Tracking System
On October 6, 2014 we entered into the first phase of a design and development agreement with Mouse, LLC to create a state of the art ebola tracking app. The app will provide alerts to its users that shows proximity threats to their location based of the mobile devices’ GPS. The initial agreement focuses on just the graphical design component of the project. We have initiated the design and are near completion on it. Myriad and Mouse will be entering into a final agreement that will focus on the development and launch of the app. Initially, the app will be launched for the iOS platform for iPhone and iPad devices.
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