Metatron Acquires E-commerce Company and explores New Crypto Bot Fund
DOVER, DE, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Metatron (OTC Pink: MRNJ), a mobile and web technology pioneer having developed over 2,000 apps on iTunes and Google Play, is pleased to announce it has acquired a controlling interest in Mountain Green inc., an e-commerce company which generated over millions in sales over the last twelve months.
Mountain Green has already added significantly to Metatron’s balance sheet since deal closing and brings to the table its thousands of customers and multiple digital properties along with its marketing savvy. Full report available on Otcmarkets.com
The two companies will conduct a shared rollout of multiple websites and apps geared towards gaming, entertainment, and lifestyle categories. Mountain Green currently sells electronic devices, nutritional supplements and digital content under various popular brand names on the web, Amazon, and most social media platforms.
Metatron has been exploring the creation of a crypto fund, similar to the Grayscale trust, except it will be actively managed with proprietary bots that trade automatically based on proprietary technical indicators. More testing needs to happen before opening it up to the public, but we are optimistic that it will either be a value add for the company or ideally, a platform our shareholders could participate indirectly.
Vaporize our secure decentralized chat Dapp, and BitMeet the peer-to-peer crypto trading Dapp, are both still being updated and fine-tuned, the goal is 4th quarter re-launch, but much depends on the ever-changing regulatory and consumer environment. These Dapps were previously on Apple and Google app stores, but future versions will link to decentralized blockchains and be platform agnostic.
“Crypto passed the 2 trillion mark again recently, and everyone is ordering online… blockchain and e-commerce is the future and here to stay…we are doing all we can to position the company to capitalize on this one in a lifetime financial revolution” - Ralph Riehl, CEO Metatron
Google Play: http://bit.ly/1O64fX9
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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.