$MRNJ METATRON UPDATES CANNABIS COMMUNITY PORTAL BUZZLINK.COM AND SIGNS FUNDING DEAL FOR APP PORTFOLIO UPGRADE
Dover, DE — November 7, 2016 — InvestorsHub NewsWire — Metatron is pleased to announce it has updated the website for a new electrifying cannabis and e-commerce portal Buzzlink.com. Its sections include “Local” where users can find dispensaries and events near them, “Social” to connect with like-minded people and exchange content, and “Commercial” which allows cannibis companies to advertise to Buzzlink users and gain access to industry equipment.
Metatron has multiple cannibis apps on iTunes and Google Play and is collecting data to engage the rapidly growing U.S. Marijuana industry. A recent report by Arcview found legal cannabis sales jumped 17%, to $5.4 billion, in 2015 and they will grow by 25% this year to reach $6.7 billion in total U.S. sales. November 8th elections have the potential to open or expand markets in 8 additional states.
Metatron urges voters in California to pass Proposition 64 (60-31-9) and Florida voters to ratify Amendment 2 (70-23-7), because it will likely increase revenue and user growth. If Arizona (50-40-10), Nevada (53-39-8), Massachusetts (50-45-5), Maine (53-43-4), North Dakota or Arkansas (58-35-7) allow cannabis initiatives to pass, it will cause the growth rate to accelerate even faster.
When a state passes a cannabis law, we are able to register users and businesses with little or no cost. Because we are not involved in the production or sale of cannabis, we do not have the hard costs to generate revenue from the industry. At the same time, 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 signed a contract for non-dilutive funding for state of the art in-app purchase module in collaboration with a programming company that specializes in payment processing. Adding in-app purchasing is a major project and rollout of the module is expected to generate a significant revenue increase over the next 12 months, which is our top priority. The new module will be platform agnostic and work with iTunes, Google Play and the Web for all types of digital content and physical products.
Metatron also recently signed a joint venture deal with Circa Pictures to develop a crowdfunding platform for Entertainment content.
Metatron announced a forward split and its still pending FINRA approval. The ratio will be 11 to 10 with fractional shares rounded up. There will be no reverse split this year and no plans beyond that.
As the Company works toward building revenue producing apps and technology this dividend is one example of Metatron’s commitment to shareholder value.
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.
CBD website. http://cannaboids.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 forwardlooking statement. Metatron retained Global Discovery Group Inc. for $30,500 for consulting services, CSC Partners for $5,000, 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.
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