Metatron Announces LOI For Acquisition Of A Private Cannabis Company And OTC Market Status Upgrade
17 Juillet 2017 - 6:11PM
InvestorsHub NewsWire
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DOVER, DE
-- July 17, 2017 -- InvestorsHub
NewsWire -- Metatron (OTC
PINK: MRNJ), an emerging pioneer of releasing Marijuana &
CBD-related apps on iTunes and Google Play, is pleased to announce
it is preparing an LOI (Letter of Intent) for an acquisition of a
Private Cannabis Company adding to its growing Cannabis Venture.
Additionally, Metatron announces that it is now at current status
on OTC markets website, as the company updated and provided the
current information required.
Metatron intends to
acquire a private cannabis company, created by dedicated
professionals who share a passion for mastering the art of cannabis
cultivation and manufacturing. The Company seeks to offer
dispensaries a wide variety of wholesale cannabis products sourced
with the highest standards possible. With each consumer in mind,
our mission is to distribute pure, potent and flavorful cannabis
products.
“This
acquisition will place Metatron miles ahead of the competition
having new Cannabis company in its portfolio of Cannabis product
producing companies as well as adding potential profits from the
sale of raw Cannabis as a product to dispensaries for sales to the
consuming public where legal by law and add to our effort in
producing products that will aid in the fight of the Opioid crisis
that is enveloping the entire world,“ stated CEO Joe
Riehl.
“Further information
on this acquisition is forth coming and all needed SEC forms will
be filed relating to this event in a timely manner,” he
said.
According to ArcView
Research and Forbes, the Californian cannabis market alone is
expected to reach $2.3B by 2020, and nationally increase 700% over
the same time period.
The
company is also pleased to announce a formal offer to Buzzlink, a
cannabis e-commerce platform for dispensaries and consumers.
Buzzlink.com will be financed
partially by the issuance of preferred B series shares. For more
information please visit
http://metatroninc.com/series-b/
or
http://www.metatronstock.com/
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 does not grow, sell or
distribute any substances that violate United States Law or the
Controlled Substances Act.
Metatron, Inc.
Joe Riehl
302-861-0431
ir@metatroninc.com
Metatron (PK) (USOTC:MRNJ)
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