Metatron/i-Mobilize Reports Third Quarter 2013 Operating Results
November 12 2013 - 12:20PM
Marketwired
Metatron/i-Mobilize Reports Third Quarter 2013 Operating Results
DOVER, DE--(Marketwired - Nov 12, 2013) - Metatron, Inc.
(PINKSHEETS: MRNJ)
METATRON, Inc., and its mobile app division i-Mobilize, a top
digital media developer and distributor with a focus on packaging
content for release in digital form that can transform people's
lives, announces its operating results for its third quarter 2013,
ending September 30, 2013.
2013 Q3 Revenue was $176,897, a 14% increase from 2012 Q3
Revenue of $155,080. This marks the 6th consecutive quarter of
revenue increases year-over-year (YOY).
Q3 2013 Net Income was $1,049, compared to Q3 2012 Net Income
which was $14,684.
Total Expenses for the second quarter were $175,948, a 64%
increase from $107,115, the Total Expenses for the same time period
last year.
Metatron's complete 2013 3rd Quarterly report has been published
and can be found on the OTC Markets Website at
http://www.otcmarkets.com/stock/MRNJ/filings
Highlights of the 3rd
Quarter:
In the quarter, the company, via its mobile subsidiary
i-Mobilize and its white label accounts, continued its ongoing
development, updates, and deployment of content packaged as
individual or Mega-Apps on both the Apple iOS and Google Play
platforms.
- The company released 10 new or updated Apps on the iOS and
Android systems, 5 of which were Mega-Apps.
Other key events in the quarter:
- Metatron announced its 10th consecutive quarterly extension of
the Moratorium on Authorized Share increase or reverse splits, this
latest effective through Q4 2013 (December 31, 2013). The company
has no plans to end either beyond that time frame.
- Metatron reached an App development agreement with best-selling
author and renowned spiritual teacher Dr. Barbara Sherry Rose.
Business
Outlook
The company continued to release new content and capture market
share while increasing revenues YOY. This trend will most
likely continue with the upcoming release of several major apps,
including one for best-selling author and Oprah's #1 guest Gary
Zukav. With the release of many new iOS devices recently, we
expect to see a significant increase in revenue this holiday
season, traditionally the best time of year for app sales.
About Metatron, Inc
Metatron, Inc. is a corporate network of highly-related fast
growing multi-sector businesses that transact through the Internet
and mobile devices.
Website: http://metatroninc.com/ Facebook:
http://www.facebook.com/metatroninc Facebook:
http://www.facebook.com/iMobilize News:
http://metatroninc.wordpress.com Twitter:
http://twitter.com/metatroninc See Metatroninc.com or
official blog (http://metatroninc.wordpress.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 forward-looking statement.
Contact: Metatron, Inc. ir@Metatroninc.com
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