We are making changes at Myriad. And one of those changes is improving our corporate communications. As you know at certain times in the past it was very difficult to survive when the market was having a rough time. This meant taking down debt to keep operations running and to keep our company publicly traded. The trade off and opportunity cost was dilution who hurt us all. But today we have a very positive announcement to make and it is important to know that this is just the beginning of what we hope to be great things that we have planned ahead.
Many of you communicate with me often and know that I have a clear path to take Myriad forward, and I believe today's news can be marked as a significant milestone for our company. This is a milestone that many other companies never had the opportunity to achieve, but together we did it!
I would like to thank-you all for your continued support in Myriad, and believing in us. It is your shareholder support and plenty of coffee that keeps us working until we can't type anymore!
Below you will find a copy of today's news. We have published this news amongst a variety of media outlets, so you might have already seen it by now, but in case you haven't, we hope you enjoy.
Sincerely,
Derek Ivany CEO Myriad Interactive Media Inc.
Myriad Interactive Media Eliminates All Asher Enterprises Debt
TORONTO, NEVADA, January 17, 2014 -- Myriad Interactive Media Inc. (OTCQB: MYRY),
(XNG.BE) a global interactive media & development company, is pleased to announce that we
have eliminated all Asher Enterprises debt from the company.
“We are pleased to announce that we have been able to move forward from the convertible debt
that the company had with Asher Enterprises Inc. and that we have paid back in full the last note
which was due on February 12th 2014. We have received confirmation from Asher Enterprises
Inc. attorneys that we do not have any further obligations to them and therefore we do not have
any further outstanding debt in any shape or form with their firm. Furthermore any shares that
have been historically placed into reserves will be released,” said Myriad CEO Derek Ivany.
“Cleaning up this initial toxic debt is just the beginning, It is our ultimate goal to re-shape the
entire balance sheet as we move forward with 3 very exciting projects early into 2014,” continued
Ivany.
Misrepresentations about our CryptoCafe.com Bitcoin Project
It has been brought to the company’s attention that someone has been posting misleading
information and has created a fake social media account on Facebook. We have shared this
information with our lawyer. We take this behavior seriously and therefore ask our investors to not
trust any social accounts or other posts that are not officially put out by the company. All of our
investors have the right to be updated at the same time and according the rules and therefore the
company utilizes press releases to properly disseminate accurate information about our firm and
our project developments.
We will be introducing additional social pages which will be powered by our MingleSuite
technology at a later date and we will further update investors with this information on a separate
date.
Forward-Looking Statements
In addition to historical information, this press release may contain forward-looking statements
that reflect the Company’s current expectations and projections about future results,
performance, prospects and opportunities. These forward-looking statements are based on
information currently available to us and are subject to a number of risks, uncertainties and other
factors that may cause actual results, performance, prospects or opportunities to be materially
different from those expressed in, or implied by, such forward-looking statements. You should
not place undue reliance on any forward-looking statements. Except as required by federal
securities law, the Company assumes no obligation to update publicly or to revise these forward- looking statements for any reason, or to update the reasons actual results could differ materially
from those anticipated in these forward-looking statements, even if new information becomes
available, new events occur or circumstances change in the future.
This message was sent to thomas.hess@web.de from: Myriad Interactive Media Inc. | 7 Ingram Drive 128 | Toronto, Ontario M6M2L7, Canada
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