METATRON EXECUTES DEAL WITH CIRCA PICTURES FOR EQUITY SWAP WITH SPECIAL DIVIDEND AND UPDATE ON CANNABIS APPS AND PRODUCTS
08 Décembre 2016 - 9:25PM
InvestorsHub NewsWire
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DOVER,
DE -- December 8, 2016 -- InvestorsHub NewsWire -- Metatron (OTC:
MRNJ) embarked on a joint venture with Circa Pictures (OTC: CPPD)
to develop a global media channel for unique content along with a
corresponding video crowdfunding platform. As part of the project,
the Companies have now swapped in an amount roughly equal to five
percent of their current issued and outstanding common stock. It is
anticipated that some portion of this equity will be used as a
special dividend to the Companies’ respective shareholders. This
joint venture will enable both Companies to participate in each
other’s progress and development.
The joint venture involves creating websites, apps, social media
and Youtube channels to operate as a global content network for
various entertainment production clients and projects. The video
crowdfunding will be contracted from members, one-off viewers, and
commercial customer contracts serving the entertainment industries
on a national and global basis. The Joint Venture currently has a
pipeline of more than a dozen movie and television projects seeking
total funding greater than $25 million. The crowdfunding platform
has a planned launch before the end of 2016.
Circa Pictures currently owns and is also in partnership on a
number of TV shows (reality and scripted). The Company is also
working on movies that are in various stages of marketing or
pre-production for distribution opportunities in the USA and Canada
with potential International syndication.
Metatron provides digital content distribution across mobile and
web platforms. Through its app division i-Mobilize, the company was
an early pioneer in the app industry and developed over 2000 apps
generating millions in sales and downloads for high profile
clients. Metatron conceives, creates, and monetizes content for its
customers in order to reach a global audience. The Company released
some of the first legal Marijuana and CBD related apps on iTunes
and Google Play. The App Industry is estimated to reach $77 billion
in 2017 according to
Entrepeneur.com,
and legal Cannabis Industry $23 billion by 2020 with annual
compound growth rate of 35%.
Metatron is recently
announced it had updated the website for a new electrifying
cannabis and e-commerce portal Buzzlink.com, and its Cannaboids.com
brand. We already have several cannabis related apps on iTunes and
Google and plan on releasing Buzzlink.com’s app in first quarter
2017.
This
election was the biggest year in modern cannabis history. Four more
states fully legalized weed — California, Maine, Massachusetts, and
Nevada — which puts about one-fourth of the population in areas
that have rejected prohibition. In addition, four more states voted
to legalize marijuana for medical use —Arkansas, Montana, Florida
and North Dakota. A recent Gallup poll suggests 60% of US citizens
favor legalization.
When a
state passes a cannabis law, we are able to register users
and
businesses with little
or no cost. Because we are not directly involved in the
production or sale of
cannabis, we do not have the hard costs to generate
revenue
from the industry. Our white-labeled, self-branded CBD energy
shots
and
beverages are currently in development and we expect to launch
those in
Metatron’s vast
experience and success with digital content, apps, web
and
social
media its business model is not tied to the success of a
particular,
brand,
or content – we expect to a have percentage of the industry as
a
whole,
similar to the way we had with the self-help and fitness industry
apps
which
generated millions in sales in past years.
Metatron continues to
add to its 2000 plus proprietary app library and has contracted
Finnish programmers to speed the development of our improved in-app
purchase model. In-App purchasing accounts for 94% of all revenue
generated by apps on iTunes and in the past we have sold over
$1,000,000 of in-apps for high-profile clients, and expect a
significant boost in revenues once its rolled out into our more
popular apps within the next 30 to 60 days.
We at
Metatron are excited about the company’s direction and look forward
to providing our shareholders with numerous updates in the coming
weeks, stay tuned.
Website: http://metatroninc.com/
Facebook: http://www.facebook.com/metatroninc Facebook: http://www.facebook.com/iMobilize
News:
https://metatroninc.wordpress.com Twitter: http://twitter.com/metatroninc
CBD
website. http://cannaboids.com
App
Locations:
iTunes:
https://itunes.apple.com/us/artist/i-mobilize-inc./id325075390
Google Play: https://play.google.com/store/apps/developer?id=Metatron
+Inc
Forward-Looking
Statements: Any statements made in this press release which are not
historical facts contain certain forward-looking statements, as
such term is defined in the Private Litigation Reform Act of 1995,
concerning potential developments affecting the business,
prospects, financial condition and other aspects of the company to
which this release pertains. These forward-looking statements
involve known and unknown risks, uncertainties and other factors
that may cause our actual results of the specific items described
in this release, and the company's operations generally, to differ
materially from what is projected in such forward-looking
statements. Although such statements are based upon the best
judgments of management of the company as of the date of this
release, significant deviations in magnitude, timing and other
factors may result from business risks and uncertainties including,
without limitation, the company's need for additional financing,
which is not assured and which may result in dilution of
shareholders, the company's status as a small company with a
limited operating history, dependence on third parties and the
continuing popularity of the iOS operating system, general market
and economic conditions, technical factors, receipt of revenues,
and other factors, many of which are beyond the control of the
company. Although we believe that the expectations reflected in the
forward- looking statements are reasonable, we cannot guarantee
future results, levels of activity, performance, or achievements.
Moreover, neither we nor any other person assumes responsibility
for the accuracy and completeness of such statements, and we
disclaim any obligation to update information contained in any
forward looking statement. Metatron retained Global Discovery Group
Inc. for $30,500 for consulting services, CSC Partners for $1,500,
Bas1 for $2501 and the company retained Pacific Equity Alliance LLC
by issuing Integrative Business Alliance LLC 100m rule 144 for 1
year consulting services. Metatron does not grow, sell or
distribute any substances that violate United States Law or the
controlled substance act.
CONTACT:
Website:
http://www.metatroninc.com
Phone:
302-861-0431
Press
Release Information:
Investor
Relations: PACIFIC EQUITY ALLIANCE LLC Investor Contact(s): Zachary
R. Logan / Grady Powell Contact phone: 858.886.7238
info@pacif8ificequityusa.com Zachary R. Logan
President
PACIFIC
EQUITY ALLIANCE LLC WWW.PACIFICEQUITYUSA.COM
WWW.INVESTORSPOTLIGHTDAILY.COM 858.886.7237
858.886.7238
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