Raptorzion Wednesday, 02/19/14 08:36:31 PM Re: None Post # of 4460 Nice shareholder update in case you didn't get the email 10 minutes ago.
Dear Shareholder,
We wanted to let our investors know that we have filed our Quarterly report and are pleased to have made two major milestones over the last quarter and this current quarter. As mentioned in a press release, we have eliminated the toxic debt from Asher Enterprises by extending a note to a strategic shareholder who has purchased his original position at 0.10 cents and above. The financing was not deemed toxic at all and does not have any trickery involved with respect to the conversion. We have also settled our original acquisition of MingleSuite by eliminating the $175,000 note payable on that deal. All of our current technologies are 100% owned by Myriad and we have no obligations to any third parties at this time.
As many of you know, I recently went to Germany for 10 days on a road-show with Investors throughout the country. As part of my continued effort to eliminate the remaining debt with Myriad, I continue to work diligently in cleaning up the balance sheet where I hope we will soon be well capitalized, debt free and the owners of a very strong technology portfolio of profit producing and near profit producing assets.
During my trip in Germany, I also made a special trip to meet someone of significant importance in a specific sector that the company is working on. We will be making an announcement around this once I further solidify the terms of the MOU, but there is a lot happening here, and Its important you as Investors understand that we know that you want us to release press, but its important that we do things in the right order, and continue forward with our strategy.
We have finished the initial development of CryptoCafe.com and will release it any day now, but we had to make a couple of adjustments with offline cold-storage security and some other elements to protect future users of the platform. Many of you have read in the news the increased amount of hacking and therefore its essential we do all we can to ensure a strong and robust release.
In closing, I would like to ask everyone to stay tuned for many more innovative things to come from Myriad. This is really only the beginning of a long term view we see for the company with many current technologies and future technologies all coming together to compliment each-other.
Warm Regards,
Derek Ivany CEO Myriad Interactive Media Inc. |