Article - $MRNJ - Emerging Growth: Metatron, Inc.
Metatron, Inc. (OTC Pink: MRNJ) Growth from Cannabis, Apps & Entertainment
September 21, 2016
Mobile computing has changed the way consumers shop, socialize, play, and more. With thousands of mobile apps available for consumers to download, there really is almost an app for anything that consumers could desire. According to Statista, the number of users in the United States with a smartphone is expected to climb from 207.2 million people to 236.8 million people by 2019. This compares to only 62.6 million Americans that had a smartphone back in 2010.
The mobile revolution in the United States has seen substantial growth over the past many years. However, the latest trend in the mobile app universe is going back to the free app model with a focus on in-app purchases (“freemium” apps). Paid apps were once popular, but have lost their appeal with consumers in recent years. This has forced app developers to transform and convert their mobile applications from paid to free.
One company that stands to benefit from the projected growth in mobile computing and “freemium” apps is Metatron Inc. (OTC Pink: MRNJ).
Overview: Metatron Inc. (OTC Pink: MRNJ)
Metatron Inc (OTC Pink: MRNJ) is a multi-sector business that focuses on acquiring and assimilating fast growing companies with niche business models. Currently, Metatron Inc (OTC Pink: MRNJ) operates the following businesses:
* i-Mobilize: mobile app business
* MyShowNetwork: web services, subscription-based video service
8Cannaboids: CBD/Hemp business
* Appflix: Netflix, Inc. (NASDAQ: NFLX)-style video streaming service with niche, original content
* Crowd-funding entertainment platform: partnered with Circa Pictures to develop a crowd-funding website for entertainment projects
Through Metatron Inc. (OTC Pink: MRNJ)’s i-Mobilize business, the company has created a library of over 2,000 mobile applications, and over 700 apps are currently available for iOS on Apple Inc. (NASDAQ: AAPL) app store and Google’s Android app store. In addition, many of Metatron Inc. (OTC Pink: MRNJ)’s apps have been featured on iTunes’s top 200 U.S. Lifestyle & Wellness list. Being that the company was a major pioneer early on in the mobile app revolution, Metatron Inc. (OTC Pink: MRNJ) was the first company to have a hemp/marijuana themed app on the Apple Inc. (NASDAQ: AAPL) app store. In addition, the company was the first to have a Beatles app on the Apple Inc. (NASDAQ: AAPL) app store. Furthermore, the company has created mobile apps for popular self-help author, Eckhart Tolle, who has sold over 20 million books and was the #1 best-selling author in Oprah’s book club.
Through the years, Metatron Inc. (OTC Pink: MRNJ) has seen over $3.5 million in app sales ($2.3 million net sales from apps) and millions of downloads. Right now, Metatron Inc. (OTC Pink: MRNJ) is in the process of upgrading all 2,000 of the company’s app modules from paid to free, with in-app purchases. This is expected to significantly revamp the i-Mobilize business just in time for the Holiday Season, which historically sees a big jump in mobile app downloads.
MyShowNetwork is a unique business model that helps successful YouTube and web personalities to monetize their web show through a subscription-based model. This allows popular web personalities to capitalize on their vast viewership and increase earnings from the web show. MarkSargent.com is a great example of MyShowNetwork in action. The company helped Mark Sargent take his YouTube show and create a subscription-based website, which will allow Mark to further brand his web show and profit from the vast viewership. There certainly is no shortage of YouTube personalities out there that would no-doubt enjoy a uniquely branded subscription website.
Cannaboids is Metatron Inc. (OTC Pink: MRNJ)’s CBD and hemp business. CBDs are the non-psychoactive ingredient in the marijuana plant and CBDs are actually legal in all 50 U.S. states. The U.S. government classifies CBDs and hemp oil as dietary supplements because they are derived from industrial hemp and do give user the “high” that is associated with THC. Metatron Inc. (OTC Pink: MRNJ) has developed their own line of CBD-infused drinks, which are currently being produced and scheduled to begin distribution later in 2016. Metatron Inc. (OTC Pink: MRNJ) has also signed Pacific Equity Partners, which has been responsible for some big marijuana deals.
Appflix is Metatron Inc. (OTC Pink: MRNJ)’s video streaming service that is currently in development. The Netflix, Inc. (NASDAQ: NFLX)-style streaming service will feature unique, original video content.
Lastly, Metatron Inc. (OTC Pink: MRNJ) has signed a joint venture deal with Circa Pictures, which will focus on the development of an entertainment crowd-funding platform. Content creators looking for funding for their projects will be able to upload a small demo of their project, as sort of an advertisement to get crowd-funders to fund the project.
Metatron Inc (OTC Pink: MRNJ) Dividend Update
Early September 2016, Metatron Inc. (OTC Pink: MRNJ) filed paperwork with the state of Delaware and federal financial regulators to get a stock dividend approved. Metatron Inc. (OTC Pink: MRNJ) management has recently announced that the paperwork is continuing to be processed by FINRA regulators, and the company is expected to see its dividend record date on October 1, 2016. The stock dividend will be payable on November 2, 2016. Dates and the amount of dividend are subject to change and are contingent upon FINRA approval.
In other words, if you own shares of Metatron Inc (OTC Pink: MRNJ) through the trading day on October 1st, the shareholder will be entitled to 1 share of series B restricted stock for each 100,000 shares of common stock the shareholder owns, which will be payable on November 2, 2016. The series B restricted stock is not subject to reverse stock splits. Again, dates and the amount of dividend are subject to change and are contingent upon FINRA approval.
MRNJ: Financial and Industry Analysis
Now lets turn our focus to Metatron Inc. (OTC Pink: MRNJ)’s financial and industry analysis. Metatron Inc. (OTC Pink: MRNJ) has a market cap of $136,329, as of September 2016. Furthermore, the multi-sector company has a share structure consisting of 1.99 billion shares authorized, 1.36 billion shares outstanding, and a float consisting of 823.3 million shares, as of June 2016. During the second quarter 2016, Metatron Inc. (OTC Pink: MRNJ) reported total revenue of $16,376, cash holdings of $6,229, total assets of $1.24 million, and total liabilities of $270,391. Furthermore, management is forecasting full year 2016 revenues to come in at $300,000.
Being that Metatron Inc. (OTC Pink: MRNJ) is a multi-sector business, there are no exact competitors. However, there are various companies that focus on mobile app development, web development, cannaboid (CBDs) products, and streaming video service. These companies may provide a look into where Metatron Inc. (OTC Pink: MRNJ)’s value could be in the coming years, as management looks to get business activities ramping up again. Five companies worth a look with regards to Metatron Inc. (OTC Pink: MRNJ) include:
AppSwarm, Inc. (OTC Pink: SWRM) is primarily engaged in mobile app development. The company also acquires mobile apps for further development. As of September 2016, AppSwarm, Inc. (OTC Pink: SWRM) has a market cap value of over $12.43 million. Furthermore, the app company lists share structure of 810 million authorized shares and 113.01 million shares outstanding, as of June 2016. During the second quarter 2016, AppSwarm, Inc. (OTC Pink: SWRM) reported no revenue and a net loss of $10,000.
Snap Interactive, Inc. (OTCQB: STVI) is engaged in the development, maintenance, and operation of social dating mobile applications. The company’s dating apps are fully integrated across Android app store, Apple Inc. (NASDAQ: AAPL) app store, Facebook Inc. (NASDAQ: FB), and Web formats. As of September 2016, Snap Interactive, Inc. (OTCQB: STVI) holds a market cap value of $5.95 million. Furthermore, the dating app company has a share structure consisting of 100 million authorized shares, 39.7 million shares outstanding, and a float consisting of 17.5 million shares, as of March 2016. During the second quarter of 2016, Snap Interactive, Inc. (OTCQB: STVI) reported total revenue of over $2.61 million, and a net loss of $841,000.
Medical Marijuana, Inc. (OTC Pink: MJNA) was the first medical marijuana company to be listed on a public stock exchange and specializes in cannaboid (CBDs) and industrial hemp. The company is engaged in the production, extraction, consulting, packaging, processing, and marketing of medical marijuana products and compounds. As of September 2016, Medical Marijuana, Inc. (OTC Pink: MJNA) has a market cap value of nearly $123.35 million. Furthermore, the marijuana company has a share structure consisting of 5 billion authorized shares, 2.87 billion shares outstanding, and a float consisting of 411.05 million shares, as of March 2016. During the second quarter of 2016, Medical Marijuana, Inc. (OTC Pink: MJNA) reported total revenue of $1.73 million, and a net loss of over $4 million.
Web.com Group, Inc. (NASDAQ: WEB) provides a wide range of web services and software to help small businesses and individuals “establish, maintain, promote, and optimize their online presence.” This includes services ranging from simple domain registration and web hosting to web design, e-commerce tools, and subscription solutions. As of September 2016, Web.com Group, Inc. (NASDAQ: WEB) listed a market cap value of $838.9 million, 46.81 million shares outstanding, and a float consisting of 37.33 million shares. During the second quarter of 2016, Web.com Group, Inc. (NASDAQ: WEB) reported total revenue of $187.82 million and a net loss of $1.61 million.
Netflix, Inc. (NASDAQ: NFLX) operates as a streaming video service that provides original TV shows and movies, network TV shows, mainstream movies, and more. Once started as a DVDs-by-mail service, Netflix. Inc. (NASDAQ: NFLX) has since expanded into a subscription streaming video service and has become a pioneer in the emerging industry of streaming video. As previously mentioned, Metatron Inc (OTC Pink: MRNJ) is planning to roll out its own Netflix, Inc. (NASDAQ: NFLX)-style video streaming service, called Appflix. As of September 2016, Netflix, Inc. (NASDAQ: NFLX) had a market cap value of $42.04 billion, 428.73 million shares outstanding, and a float consisting of 421.5 million shares. During the second quarter 2016, Netflix, Inc. (NASDAQ: NFLX) reported total revenue of $2.11 billion and net income of $40.76 million.
Overall, Metatron Inc. (OTC Pink: MRNJ) may have fallen on hard times over the past couple of years, but the company is finally prime for a big comeback. The company continues to be vastly discounted by the market, as seen with market cap value of $136,329 versus total assets of $1.24 million (as of June 2016). Metatron Inc. (OTC Pink: MRNJ) is forecasting 2016 revenues to come in around $300,000, and an even stronger performance in 2017. The multi-sector business is kicking back into full gear. A major focus right now is the full revamp and update of the company’s entire mobile app library from paid apps to free apps, with in-app purchases. Furthermore, Metatron Inc. (OTC Pink: MRNJ)’s CBD drinks are ready for distribution and Appflix, the video streaming service, is currently in development. Myshownetwork.com continues to be a niche business for Metatron Inc. (OTC Pink: MRNJ), as the company has successfully created subscription-based websites for well-known YouTube personalities, self-help authors and more. Overall, Metatron Inc. (OTC Pink: MRNJ) is considered undervalued compared to the company’s assets and revenue outlook. With the revenue engine once again revving back into gear, Metatron Inc. (OTC Pink: MRNJ) is slated for a strong finish to 2016 and beyond.
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