Metatron, Inc. Annual Report and Company News
March 27 2011 - 6:28PM
Marketwired
Metatron, Inc.'s (PINKSHEETS: MRNJ) 2010
Annual report has been published and can be found on the OTC
Markets Website.
2010 Total Revenue was $278,160, a 39% increase from 2009 Total
Revenue which was $200,031.
2010 Q4 revenue was $99,376, a 12% increase from 2010 Q3, which
was $88,422.
Estimated revenue for January 2011 was $52,861 and $42,202.29
for February 2011, which is nearly as much as 2010 Q4, therefore
the company expects 2011 Q1 to be significantly higher than
previous quarter.
2010 highlights include over one thousand apps produced,
numerous major content deals signed, new partnerships, apps
released on multiple platforms, and development of free ad
supported apps. See Metatroninc.com or official blog
(http://metatroninc.wordpress.com) for full details.
The Company looks forward to 2011 with the release of more video
game apps, its own App Store and more Apps released on multiple
platforms. Ad-based revenue is now nearly 10% of our daily sales
with only a few free Apps, therefore the Company has decided to
pursue this revenue stream aggressively. Metatron also plans on
releasing subscription-based content apps that will build
consistent revenues.
Benjamin Bonetti Ltd, one of our best selling content partners,
has taken an equity stake into Metatron and has extended our
licensing agreement for 2011. Benjamin Bonetti is fast becoming a
household name with his fantastic range of self help, personal
development products and seminars now competing with
internationally renowned gurus. Benjamin's hypnosis audio book
"Believe in Weight-loss" is currently #1 in its category
worldwide.
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.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Metatron, Inc. ir@metatroninc.com
Metatron (PK) (USOTC:MRNJ)
Historical Stock Chart
From Jun 2024 to Jul 2024
Metatron (PK) (USOTC:MRNJ)
Historical Stock Chart
From Jul 2023 to Jul 2024