Myriad Interactive Media, Inc.

CIK:0001096555|SEC Filings

Note 1 - Description of Business, History and Summary of Significant Policies: Comprehensive Loss (Policies)	6 Months Ended
Dec. 31, 2014
Policies
Comprehensive Loss	Comprehensive Loss Total comprehensive loss represents the net change in stockholders' equity during a period from sources other than transactions with stockholders and as such, includes net loss. For the Company, the components of other comprehensive loss are the changes in the cumulative foreign currency translation adjustments.

Note 1 - Description of Business, History and Summary of Significant Policies: Comprehensive Loss (Policies)

6 Months Ended

Dec. 31, 2014

Total comprehensive loss represents the net change in stockholders' equity during a period from sources other than transactions with stockholders and as such, includes net loss. For the Company, the components of other comprehensive loss are the changes in the cumulative foreign currency translation adjustments.

Statements of Cash Flows (USD $)	6 Months Ended
Statements of Cash Flows (USD $)	Dec. 31, 2014	Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (100,252)us-gaap_NetIncomeLoss	$ (203,992)us-gaap_NetIncomeLoss
Common stock issued and options granted for services	21,960us-gaap_CommonStockSharesIssued	20,994us-gaap_CommonStockSharesIssued
Common stock issued to pay interest		47,133us-gaap_InterestPaidCapitalized
Loss on issuance of common stock	5,812	47,850
Depreciation and amortization	26,345	95,636
Amortization of deferred compensation		56,120
Amortization of debt discount	3,950	(169,715)
Change in fair value of derivative liability	5,484
Sale of intangible assets	12,000
Changes in operating assets and liabilities:		4,039
(Increase) decrease in accounts receivable		11,400
(Increase) decrease in prepaid expenses	9,895	27,400
Increase (decrease) in accounts payable and accrued expenses	6,300	52,418
Increase (decrease) in accrued expense, related party	1,500
Net Cash Used in Operating Activities	(7,006)	(8,579)
Purchase of intangible assets	(6,524)	(34,627)
Net Cash Used in Investing Activities	(6,524)	(34,627)
Proceeds from common stock		11,063
Proceeds from notes payable - related party	5,000	32,500
Net Cash Provided by Financing Activities	5,000	43,563
Exchange rate effect on cash	4,621	(486)
NET INCREASE (DECREASE) IN CASH	(3,909)us-gaap_CashPeriodIncreaseDecrease	(129)us-gaap_CashPeriodIncreaseDecrease
CASH AT BEGINNING OF YEAR	6,452	3,340
CASH AT END OF PERIOD	2,543	3,211
Interest		12us-gaap_InterestPaid
Common stock issued for conversion of debt and interest		101,400
Common stock issued for settlement of AP	38,583us-gaap_OtherMaterialNoncashItems	48,750us-gaap_OtherMaterialNoncashItems
Common stock issued as prepaid expense	$ 6,645us-gaap_OtherNoncashIncomeExpense	$ 121,201us-gaap_OtherNoncashIncomeExpense

Balance Sheets (USD $)	Dec. 31, 2014	Jun. 30, 2014
ASSETS
Cash	$ 2,543us-gaap_Cash	$ 6,452us-gaap_Cash
Advance of royalties	5,515us-gaap_AdvanceRoyalties	5,515us-gaap_AdvanceRoyalties
Prepaid expenses	3,660	6,910
Total Current Assets	11,718us-gaap_AssetsCurrent	18,877us-gaap_AssetsCurrent
PROPERTY AND EQUIPMENT, net	1,020us-gaap_PropertyPlantAndEquipmentNet	1,838us-gaap_PropertyPlantAndEquipmentNet
INTANGIBLE ASSETS, net	134,492us-gaap_OtherIntangibleAssetsNet	165,495us-gaap_OtherIntangibleAssetsNet
TOTAL ASSETS	147,230us-gaap_Assets	186,210us-gaap_Assets
Accounts payable and accrued expenses	57,996	90,279
Payable - related party	1,500us-gaap_RelatedPartyDepositLiabilities
Convertible debt, net	27,500us-gaap_ConvertibleDebt	23,550us-gaap_ConvertibleDebt
Derivative liability	19,322us-gaap_DerivativeLiabilities	13,838us-gaap_DerivativeLiabilities
Notes payable - related party	5,000
Total Current Liabilities	111,318us-gaap_LiabilitiesCurrent	127,667us-gaap_LiabilitiesCurrent
TOTAL LIABILITIES	111,318us-gaap_Liabilities	127,667us-gaap_Liabilities
Preferred stock; 10,000,000 shares authorized,at $0.001 par value, 2,000,000 and 2,000,000 shares issued and outstanding, respectively	2,000us-gaap_PreferredStockValue	2,000us-gaap_PreferredStockValue
Common stock; 500,000,000 shares authorized,at $0.001 par value, 153,309,752 and 138,309,752shares issued and outstanding, respectively	153,309us-gaap_CommonStockValue	138,309us-gaap_CommonStockValue
Additional paid-in capital	13,079,687us-gaap_AdditionalPaidInCapital	13,021,687us-gaap_AdditionalPaidInCapital
Additional paid-in capital - options	6,686	6,686
Accumulated other comprehensive loss	15,475	10,854
Accumulated deficit	(13,221,245)	(13,120,993)
Total Stockholders' Equity	35,912us-gaap_StockholdersEquity	58,543us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 147,230	$ 186,210