Metatron Inc (OTCMKTS:MRNJ) shares were flat at $0.00020 on Monday and unchanged in after-hours trading. Share prices have been trading in a 52-week range of $0.00 to $0.03. The company has a market cap of $18,190 at 90.97 million shares outstanding.
Metatron Inc announced that it is preparing a Letter of Intent for an acquisition of a Private Cannabis Company adding to its growing Cannabis Venture. “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 Metatron Inc 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 added. Metatron Inc also announced a formal offer to Buzzlink, a cannabis e-commerce platform for dispensaries and consumers. This will be financed partially by the issuance of preferred B series shares.
In the same press release, the company also shared that it is now at current status on OTC markets website, as the company updated and provided the current information required.
Metatron Inc is a digital content distribution and mobile application company. In particular, it is a digital content aggregator and distributor of downloadable content applications, available in Internet stores.
The company provides consulting services in the areas of web development, mobile software, online marketing, pay-per-click management, search engine optimization services and corporate strategy to its content generator clients and Internet-based businesses. The company also provides Internet professional services which include strategic planning, Web site content development, graphic design and computer programming.
Its strategic services include concept creation, service selection, and campaign strategy; detailed reports and market insights; strategic direction based on market research, and strategic competition campaign analysis. The company assists its clients in producing digital content and designing websites.