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Von: Derek Ivany
Datum: 12. Dezember 2013 um 23:10
An: "xxxx>
Betreff: Note Excercises - Cost of Excercises
This is the cost of doing business with Asher Enterprises and taking convertible notes.
Myriad took a note for $47,500 on March 19th 2013 which gave $45,000 (they keep $2500 for legal fees) which was largely used to pay our lawyer, auditor and transfer agent fees. This one note until now has caused dilution of 16,500,000 shares onto the market and has essentially given asher $165,000 in cash (minus the note of $45,000) and the $2,500 they make 120,000 profit of just this one note which leaves our shareholders with nothing.
It is an unfortunate situation, but the company at the time had no choice but to take on a debt of this nature and face this risk to keep going, or otherwise we would have had to shut our doors.
We need support from our shareholders to move forward and get out of this mess. We only have two notes left and there is still time to get them out of the way.
In the last 3 trading days we have traded over 30 million shares in 2 markets with NO PAID MARKETING. This is organic trading from our large retail audience in two Countries.
I firmly believe if we did not have these notes overhanging the company, we would be above 0.10 cents right now. We are talking over $250,000 in dollar volume on just the announcement of something bigger that is coming in just a few months.
Thank-you
--
Derek Ivany
President, CEO & Director
Myriad Interactive Media Inc.
OTCQB: MYRY
www.myriadim.com
T. 1-800-427-1103
Myriad Interactive Media is a publicly traded company with offices in Canada, Denmark and the USA.
Datum: 12. Dezember 2013 um 23:10
An: "xxxx>
Betreff: Note Excercises - Cost of Excercises
This is the cost of doing business with Asher Enterprises and taking convertible notes.
Myriad took a note for $47,500 on March 19th 2013 which gave $45,000 (they keep $2500 for legal fees) which was largely used to pay our lawyer, auditor and transfer agent fees. This one note until now has caused dilution of 16,500,000 shares onto the market and has essentially given asher $165,000 in cash (minus the note of $45,000) and the $2,500 they make 120,000 profit of just this one note which leaves our shareholders with nothing.
It is an unfortunate situation, but the company at the time had no choice but to take on a debt of this nature and face this risk to keep going, or otherwise we would have had to shut our doors.
We need support from our shareholders to move forward and get out of this mess. We only have two notes left and there is still time to get them out of the way.
In the last 3 trading days we have traded over 30 million shares in 2 markets with NO PAID MARKETING. This is organic trading from our large retail audience in two Countries.
I firmly believe if we did not have these notes overhanging the company, we would be above 0.10 cents right now. We are talking over $250,000 in dollar volume on just the announcement of something bigger that is coming in just a few months.
Thank-you
--
Derek Ivany
President, CEO & Director
Myriad Interactive Media Inc.
OTCQB: MYRY
www.myriadim.com
T. 1-800-427-1103
Myriad Interactive Media is a publicly traded company with offices in Canada, Denmark and the USA.
