While it is often extremely difficult for small companies to pull out of the toxic financing nosedive, with typically little choice other than to bite the bullet, it is possible to correct this expensive error by clearing the balance sheet. The move by Myriad Interactive Media Inc. (MYRY) in mid-January this year, designed to regain market confidence through expunging some unfortunate convertible debt they had taken on to their books, has been largely positive for the company. Release of any shares historically placed into reserves and the initiative to follow up their extinguishing of this outstanding debt with more rigorous balance sheet overhauling, set MYRY up nicely to approach a spate of new projects for 2014 revolving around their proprietary Mingle Suite social media technology platform.