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Micro-Cap on the Move; Myriad Interactive Media Inc. (MYRY)

By Warren Paige

Shares of Myriad Interactive Media Inc. (OTC: MYRY), an interactive marketing and development company, are down sharply in trading today.

MYRY shares are currently trading 7.41% lower at $0.100 on above average volume of 55,016.

Myriad Interactive, which designs and develops customized marketing plans, social media marketing campaigns, pay per click, and search engine marketing, earlier this month, announced a social media marketing and development contract with Enegi PLC.

Based in Manchester, U.K., Enegi is an independent oil and gas company. Derek Ivany, CEO of Myriad, said earlier this month that he is pleased to have the opportunity to work with such a talented and extremely organized company.

Under the terms of the contract, MYRY will manage and design custom tailored search engine campaigns under its Search Engine Marketing division.

 

May 15th, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.