SOURCE: Myriad Interactive Media, Inc.

March 04, 2014 09:04 ET

Myriad Interactive Media Inc. (MYRY) Launches Bitcoin Stock Index

TORONTO, ON and LAS VEGAS, NV--(Marketwired - Mar 4, 2014) -

Myriad Interactive Media Inc. (OTCQB: MYRY) (XNG.BE), a global interactive media and development company, is pleased to announce the launch of BTCTickers.com.

We have decided to build this index to have a centralized location where the investing public can monitor bitcoin related stocks and their overall performance both individually and collectively which is our bitcoin Stock Index. 

"This new website will provide a one-stop shop for investors to get their daily bitcoin briefing from everything to do with the popular cryptocurrency and industry news, to publicly traded companies that are in the space as well as new publicly traded firms that have entered the bitcoin space in Canada, USA and abroad," said Myriad CEO Derek Ivany.

He added, "We have a clear strategy ahead and are simply wrapping up execution of our more simplified projects in order to expand our bitcoin-related marketing channel. This website will become yet another launch pad for our upcoming bitcoin development plans as well as an additional revenue source for the company, which would be generated primarily in the form of advertising. Myriad is dedicated to the cryptocurrency space and we firmly believe we can add a lot more value to our technology portfolio from this new innovative sector, and when I reference sector, It's important to realize that this is a completely 'New Sector' that's only been around for 5 years. Bitcoin has a lot of growing up to do, however we have been early adopters of the technology in the public space well before many of the new market entrants made any official announcements. We feel that as our team continues to establish a stronger grasp of the technology and its complexities this helps us move in the right direction where we can deliver bigger and better innovation; that is where our future lies ahead."

Corporate Update

As we continue to keep investors in touch with our plans and what the company has in store, we wanted to notify investors of the following updates. Over the last couple of weeks, we have been able to settle debts and therefore further eliminate just over $150,000 in debt that was posted on our last quarterly financial statements. Investors have made several inquiries asking for information about a large investor who has filed a Form 3 and accumulated a substantial amount of stock in the company. Prior to the filing we were not officially aware of who this shareholder was, however the company has reached out to him and the investor has responded and stated that he likes the direction the company is heading in, is very bullish on the cryptocurrency sector and at this time remains a long term shareholder. Myriad would also like to mention that we are preparing for market entry of two additional sectors as we have formed two strong advisory panels, and we plan to make an announcement in the near future. We believe it's important to continually diversify and bring forward this diversification for our shareholders. Lastly, there have been some false postings on the InvestorsHub message board brought to our intention that question our company and make completely defamatory statements about Myriad and its leadership. We will not accept any defamation or libel against the company, its officers, directors or employees. It should be noted that we have notified our legal counsel about this situation and we plan to monitor this further. Investors are encouraged to read our filings that are made publicly available on the SEC website, as well as contact the company for clarification on any questions or concerns about our company.

CryptoCafe.com Update

The company would like to thank all our CryptoCafe.com supporters for sharing the website as well as participating in offerings. We would like to encourage our shareholders, supporters and followers to all share the website with their friends and family and help us spread the word about how turning unwanted stuff into Bitcoin is easy! We continue to make small adjustments and would also like to thank our responsive shareholders who have brought suggestions to the table. We take all of your comments seriously and appreciate your feedback, which in turn helps us improve the end user experience. As the website user base grows, we will continue to add additional features and filtering, as well as our future planned introduction of other crypto coins.

About Myriad Interactive Media, Inc.: Myriad Interactive Media is an interactive marketing and development firm based in Toronto, Canada. Myriad designs and develops customized marketing plans, social media marketing campaigns, pay per click, and search engine marketing. Our company also develops in house web & mobile applications.

Myriad Interactive Media Inc. is a public company quoted on the OTCQB under the symbol MYRY. For more information, please visit us in the USA at www.myriadim.com.

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.

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