Metatron/iMobilize (MRNJ) signs $1 Million Finance Agreement
Post# of 153
Metatron Inc has entered into $1 million investment agreement (the “Investment Agreement”) with
Macallan Partners, LLC (the “Investor”) headquartered in White Plains, New York.
The agreement will allow Metatron to significantly increase its development and marketing of mobile apps.
The Investment Agreement allows, but does not obligate the Company to issue and sell up to $1 million of shares of common stock to the Investor.
The Company, at its sole discretion and without penalty, may notify the Investor the dollar amount that the Company intends to sell to the Investor on a specified date.
Metatron has filed a Registration Statement with the Securities and Exchange Commission all registration costs will be paid by the Investor.
Full details of the finance commitment are published in a 1-A filing with EDGAR.
The company is still pursuing other funding options.
Metatron/i-Mobilize Milestones:
• Metatron is in the Top 1% of all developers in terms of Apps and Downloads according to mobile analysis think tank Xyologic (xyo.net)
• 1,950+ Apps Created for iOS/Android platforms.
• 2013 Annual Revenue $730,751 (Record Year), 7 consecutive quarters of YOY sales growth.
• 3.6+ Million App Downloads to-date, 2.9+ Million App Updates to-date. $2+million in app sales to-date.
• Relax and Sleep Well by Glenn Harrold Mega-App has reached a rank of #1 in Lifestyle Grossing in 50+ Countries since June 1, 2012 (iPhone/iPad)
• Many popular clients including Eckhart Tolle, Glenn Harrold, Gary Zukav, Sounds True, Benjamin Bonetti and TravelVideo.com.
• Over a dozen apps have reached #1 grossing in various countries and categories, and top apps are downloaded in 100+ countries daily