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I am also hearing that someone could likely be barred in more ways than one!
Your right cheche! we both know where this headed, its just the fact that some people will not except that they have been SCAMMED! and are hoping some other sucker will take the bait!
Better take the 0.002 that is 2 x's the price it will be next week!
I recommend you got to the App providers Facebook site, friend them and let them know how you feel about the company that is representing them!!
You are 100% right! Bid sheet is held up by paint! Hit those bids and watch them get pulled, it happens every time!
TEMN has a $6 Million Market cap and has already secured a $5 Million line of credit..Tells us someone has a great deal of confidence in Alonzo's ability to make money as well as make good decisions!
I agree 100%! Time to Cut and Run
Heading to trips very soon! Once the insiders are finished Dumping!!
Heck even they now to sell before the R/S!
Thursday, April 17, 2014 10:24:13 PM WSA - COO SLUKA Files To Sell 5,000,000 Of METATRON INC MRNJMRNJ.PK
and...
Thursday, April 17, 2014 10:23:36 PM WSA - CEO RIEHL Files To Sell 5,000,000 Of METATRON INC MRNJMRNJ.PK
To see where this company is headed just look above at the last 5 News releases! Who gets a $5 Million line of credit right out of the gate?
TEMN major breakout starts tomorrow!
You for got to mention these BROKEN PROMISES, that are still pending!!
OVER 4 YEARS OF BROKEN PROMISES!! HELLOOOO!
Think Stream
Just Data
PB Magic
Devils Cupid Dating APP
Metatron Tablet
Non Dilutive Financing
APPFLIX
$5 Million APP Library purchase
MEDIAFLY
Release of MJ APP
Little Wolf- Lets get those friends of yours in on this little secret! A Major run is about to take place!
I agree, with all the pumping they do on twitter is very suspicious, We don't need another MJ pump and Dump!
Gotta love the SUPER 8 K's!
That is a Big Red flag and a Rookie move! Let us know when you get a response.
Trust me, these type of loans would make a loan shark drool with envy!
Your right by saying, your Math is Wrong!
SCM Has done an outstanding job of keeping the board posted on facts, PAST & PRESENT! and I thank him for it!
How much of the $1 Million do you think will find its way back into insiders pockets? for things like back pay, consulting fees, Buying apps from arms length contacts for an outrageous price , wink, wink, etc, etc!!
Hey Joey does your dilutive financing go something like this? It will most likely cost the company BILLIONS of shares to settle a debt like this!!
1. Interest Rate. Interest shall accrue on the unpaid principal amount of this Convertible Promissory Note (the “Note”) at the rate of Twenty percent (20%) per annum from the date of the first making of the loan for such principal amount until such unpaid principal amount is paid in full or earlier converted into shares (the “Shares”) of the Maker’s common stock (the “Common Stock”) in accordance with the terms hereof. Interest hereunder shall be paid on such date as the principal amount under this Note becomes due and payable or is converted in accordance with the terms hereof and shall be computed on the basis of a 360-day year for the actual number of days elapsed.
2. Conversion of Principal and Interest. Subject to the terms and conditions hereof, the Payee, at its sole option, may deliver to the Maker a notice in the form attached hereto as Exhibit A (a “Conversion Notice”) and an updated Loan Schedule, at any time and from time to time after the date hereof and prior to the payment of the principal amount and all accrued interest thereon (the date of the delivery of a Conversion Notice shall be referred to herein as a “Conversion Date”), to convert all or any portion of the outstanding principal amount of this Note plus accrued and unpaid interest thereon, for a number of Shares equal to the quotient obtained by dividing the dollar amount of such outstanding principal amount of this Note plus the accrued and unpaid interest thereon being converted by the Conversion Price (as defined in Section 15). Conversions hereunder shall have the effect of lowering the outstanding principal amount of this Note plus all accrued and unpaid interest thereunder in an amount equal to the applicable conversion, which shall be evidenced by entries set forth in the Conversion Notice and the Loan Schedule. This debt can be converted into equity after exactly 6 months of receipt of payment.
3. Certain Conversion Limitations. The Payee may not convert an outstanding principal amount of this Note or accrued and unpaid interest thereon to the extent such conversion would result in the Payee, together with any affiliate thereof, beneficially owning (as determined in accordance with Section 13(d) of the Exchange Act (as defined in Section 15) and the rules promulgated thereunder) in excess of 4.999% of the then issued and outstanding shares of Common Stock. Since the Payee will not be obligated to report to the Maker the number of shares of Common Stock it may hold at the time of a conversion hereunder, unless the conversion at issue would result in the beneficial ownership in excess of 4.999% of the then outstanding shares of Common Stock (inclusive of any other shares which may be beneficially owned by the Payee or an affiliate thereof), the Payee shall have the authority and obligation to determine whether and the extent to which the restriction contained in this Section will limit any particular conversion hereunder. The Payee may waive the provisions of this Section upon not less than 75 days prior notice to the Maker.
4. Deliveries. Not later than five (5) Trading Days (as defined in Section 15) after any Conversion Date, the Maker will deliver to the Payee (i) a certificate or certificates representing the number of Shares being acquired upon the conversion of the principal amount of this Note and any interest accrued thereunder being converted pursuant to the Conversion Notice (subject to the limitations set forth in Section 3 hereof), and (ii) an endorsement by the Maker of the Loan Schedule acknowledging the remaining outstanding principal amount of this Note plus all accrued and unpaid interest thereon not converted (an “Endorsement”). The Maker’s delivery to the Payee of stocks certificates in accordance clause (i) above shall be Maker’s conclusive endorsement of the remaining outstanding principal amount of this Note plus all accrued and unpaid interest thereon not converted as set forth in the Loan Schedule.
5. Prepayment Right. Notwithstanding anything to the contrary contained in this Note, at any time during the period beginning on the Issue Date and ending on the date which is six (6) months following the Issue Date, the Borrower shall have the right, exercisable on not less than three (3) Trading Days prior written notice to the Holder of the Note to prepay the outstanding Note (principal and accrued interest), in full, in accordance with this Section 5. Any notice of prepayment hereunder (an “Optional Prepayment Notice”) shall be delivered to the Holder of the Note at its registered addresses and shall state: (1) that the Borrower is exercising its right to prepay the Note, and (2) the date of prepayment which shall be not more than three (3) Trading Days from the date of the Optional Prepayment Notice. On the date fixed for prepayment (the “Optional Prepayment Date”), the Borrower shall make payment of the Optional Prepayment Amount (as defined below) to or upon the order of the Holder as specified by the Holder in writing to the Borrower at least one (1) business day prior to the Optional Prepayment Date. If the Borrower exercises its right to prepay the Note, the Borrower shall make payment to the Holder of an amount in cash (the “Optional Prepayment Amount”) equal to one hundred seventy-five percent (175%), multiplied by the sum of: (w) the then outstanding principal amount of this Note plus (x) accrued and unpaid interest on the unpaid principal amount of this Note to the Optional Prepayment Date plus (y) Default Interest, if any, on the amounts referred to in clauses (w) and (x). If the Borrower delivers an Optional Prepayment Notice and fails to pay the Optional Prepayment Amount due to the Holder of the Note within two (2) business days following the Optional Prepayment Date, the Borrower shall forever forfeit its right to prepay the Note pursuant to this Section 5.
6. No Adjustments. If the Maker, at any time while any portion of the principal amount due under this Note is outstanding, (a) shall pay a stock dividend or otherwise make a distribution or distributions on shares of its Common Stock or any other equity or equity equivalent securities payable in shares of Common Stock, (b) subdivide outstanding shares of Common Stock into a larger number of shares, (c) combine (including by way of reverse stock split) outstanding shares of Common Stock into a smaller number of shares, or (d) issue by reclassification of shares of the Common Stock any shares of capital stock of the Maker, then the Conversion Price (as defined in Section 15) shall not be adjusted.
7. No Waiver of Payee’s Rights, etc. All payments of principal and interest shall be made without setoff, deduction or counterclaim. No delay or failure on the part of the Payee in exercising any of its options, powers or rights, nor any partial or single exercise of its options, powers or rights shall constitute a waiver thereof or of any other option, power or right, and no waiver on the part of the Payee of any of its options, powers or rights shall constitute a waiver of any other option, power or right. The Maker hereby waives presentment of payment, protest, and notices or demands in connection with the delivery, acceptance, performance, default or endorsement of this Note. Acceptance by the Payee of less than the full amount due and payable hereunder shall in no way limit the right of the Payee to require full payment of all sums due and payable hereunder in accordance with the terms hereof.
8. Modifications. No term or provision contained herein may be modified, amended or waived except by written agreement or consent signed by the party to be bound thereby.
9. Cumulative Rights and Remedies; Usury. The rights and remedies of the Payee expressed herein are cumulative and not exclusive of any rights and remedies otherwise available. If it shall be found that any interest outstanding hereunder shall violate applicable laws governing usury, the applicable rate of interest outstanding hereunder shall be reduced to the maximum permitted rate of interest under such law.
10. Collection Expenses. If this obligation is placed in the hands of an attorney for collection after default, and provided the Payee prevails on the merits in respect to its claim of default, the Maker shall pay (and shall indemnify and hold harmless the Payee from and against), all reasonable attorneys’ fees and expenses incurred by the Payee in pursuing collection of this Note.
11. Successors and Assigns. This Note shall be binding upon the Maker and its successors and shall inure to the benefit of the Payee and its successors and assigns. The term “Payee” as used herein, shall also include any endorsee, assignee or other holder of this Note.
12. Lost or Stolen Promissory Note. If this Note is lost, stolen, mutilated or otherwise destroyed, the Maker shall execute and deliver to the Payee a new promissory note containing the same terms, and in the same form, as this Note. In such event, the Maker may require the Payee to deliver to the Maker an affidavit of lost instrument and customary indemnity in respect thereof as a condition to the delivery of any such new promissory note.
13. Due Authorization. This Note has been duly authorized, executed and delivered by the Maker and is the legal obligation of the Maker, enforceable against the Maker in accordance with its terms.
14. Governing Law. This Note shall be governed by and construed and enforced in accordance with the internal laws of the State of Nevada without regard to the principles of conflicts of law thereof.
15. Definitions. For the purposes hereof, the following terms shall have the following meanings:
“Business Day” means any day except Saturday, Sunday and any day that is a legal holiday or a day on which banking institutions in the State of New York or State of Nevada are authorized or required by law or other government action to close.
“Conversion Price” shall be $0.001 per share or 50% of the lowest Per Share Market Value of the thirty (30) Trading Days immediately preceding a Conversion Date, whichever is lower.
“Exchange Act” means the Securities Exchange Act of 1934, as amended.
Another T trade at 0.0023 showed up after hours! Joey any idea who that would be wanting to hide their trades? This thing is going to triple zero's quicker than I thought!
So if I recall they claim they had 2 plus inquiries a week for financing and that statement was made around 2 years ago, that would equal to several hundred inquires in that length of time and the best you can come up with is TOXIC FINANCING? What happened to the NON-DILUTIVE FINANCING you were mentioning?
Joey, why are you not showing the shareholder the TERMS OF THE CONVERTIBLE PROMISSORY NOTE? I mean the terms of the KISS OF DEATH!!
You don't have to, JUST ASK TO SEE THE CONVERSION AND PREPAY TERMS! That will be convincing enough!
Trust me its even worse than that! We just got sold down the river! What happened to non dilute financing? This is what diluted financing is!
BILLIONS of shares will most likely be added to the OS once conversion takes place, most often these are short term loans 6 months or less ! If they choose to prepay instead of conversion I have seen terms as much as 200% (This would equate to $2 MILLION prepay) how are they going to raise $2 Million in 6 months? and conversion is a 100 times worse because of the discount the lender is guaranteed! How many shares would you need to print at .0008 to equal $1 Million? ((ASK JOEY TO DISCLOSE THE CONVERSION AND PREPAY TERMS)) Investors look up convertible financing!
Ya its convertible financing, also referred to as TOXIC FINANCING! This is Dilute financing at its best! Whats the conversion terms? Shareholder just got ROYALLY SCREWED!! Hey Joey show us the prepay terms along with the conversion price!
Thursday, April 17, 2014 10:24:13 PM WSA - COO SLUKA Files To Sell 5,000,000 Of METATRON INC MRNJMRNJ.PK
Thursday, April 17, 2014 10:23:36 PM WSA - CEO RIEHL Files To Sell 5,000,000 Of METATRON INC MRNJMRNJ.PK
Shareholders Need to face the FACTS they have been DUPED! If that was not the case where are these promises?
OVER 4 YEARS OF BROKEN PROMISES!! HELLOOOO!
Think Stream
Just Data
PB Magic
Devils Cupid Dating APP
Metatron Tablet
Non Dilutive Financing
APPFLIX
$5 Million APP Library purchase
MEDIAFLY
Release of MJ APP
Did you happen to check out the last TRADE ( at 16:05 = T Trade for 3.8 Million shares sold at 0.0021., Who wants to hide trades until the end of the day unless they have a motive?
MetaCON Why are you selling your newly issued (FREE TRADING) shares at these levels?
Can you guys not see what is going on? The scammers are dumping Millions of FREE shares at 0.0021 and coming back to paint the ticker at 0.0030 for 20k of shares!! EVEN THEY KNOW ITS GOING TO TRIP ZERO'S!!
here is a hint, just look at the plant on the front page of DrinkTopBrands.com and now look at the bottle of Besado tequlia on the other website, see any similarities?
On its way down to trip 000's !
Could we PLEASE get an update on the following!
Think Stream
Just Data
PB Magic
Devils Cupid Dating APP
Metatron Tablet
Non Dilutive Financing
APPFLIX
$5 Million APP Library purchase
MEDIAFLY
Release of MJ APP
Any update on the Non Dilutive financing that was suppose to take place after the 1st of the year? I bet its getting close! Just kidding!
I love this part
Mr. Cook, I am told, informed the court Huffman turned the CERTS over to ClearTrust who then called Zo asking for instructions. When pressed, ClearTrust admitted Huffman returned the CERTS to their office.
I-mobilize has already planned the possiblity of creating its own tablet device
Shareholder Questions Answered-Major Strategies Revealed
Posted on December 31, 2010 by Investor Relations
The Company would like to preface these answers by stating we look to maintain a balance between having transparency and responding to vital shareholder questions in a timely manner, and limiting the amount of information available about our strategies and trade secrets to competitors.
1. What about other platforms?
We have already begun test marketing on other platforms and have sold apps on Android with mixed results. There are problems with fragmentation and maturity within these markets, for a more detailed explanation see this article:
http://www.appleinsider.com/articles/10/12/28/angry_birds_developer_says_apple_will_be_no_1_for_a_long_time.html
The goal is to port our top selling apps to most platforms in 2011, perhaps our entire catalog via a platform trancendent app store similar to “iTunes” but without the hardware limitation. The back-end cloud server system is already developed, and we expect to fully complete the front-end clients next year. We may also adapt different business models to accomadate these other platforms, ie ad supported free apps ect…
2. Marketing of Apps Status?
Marketing of apps through conventional means is not cost-effective for the Company at this level of funding availability. In order to be profitable large ad buys need to be made, and even then there are complications due to the closed nature of the app eco-systems. This is why you don’t see a lot of ads for apps in conventional media yet from any developer. We are however using social media, grassroot and organic methods of getting the word out. For example many of our content partners have customer lists in the millions and we are in the process of leverageing those assets. Further explanation of our unorthodox marketing methods will give away too much to competitors and is not in the best interest of the Company to discuss in our blog. We are still in the early phases of marketing and have a long-term strategy in place that will include conventional media as well.
3. Can you explain the competitive advantage MRNJ has over other developers in this space?
We consider our biggest competitors Apple, Amazon, Google, Hulu, Flo-Tv and Netflix. Currently we differentiate ourselves by servicing content owners that the our competitors miss, for example smaller publishers and production companies. Most of our competitors are fighting for a small segment of A+ content leaving a large amount of less popular content wide-open. Not to mention the fact they don’t fully realize the potential of the app distribution model for content. For example a content owner can have the same content available on web and traditional mobile downloads, yet double his sales by converting to apps without canabalizing their other sales channels. I-mobilize will also be doing regular digital downloads in the near future.
Usually we have Agents that seek out content that fit our strategy, but recently some content owners have been approaching us, as more recognize the huge opportunity in front of them. We actually turn down many requests from content owners that don’t meet certain criteria.
Downloading music and movies is passe to many, but the app expereince is still exciting and interesting to most and this is being proven by the explosion of sales in the app stores. Apps provide the potential for more interaction and customization with content, something the consumers seem to embrace and content owners want to utilize.
Overall its an eductation process of content owners, investors and the market itself. We believe i-mobilize is slightly ahead of its time, but the landscape is changing rapidly and if we execute correctly and obtain enough financing we have an opportunity to leap past many of our competitors.
Primarily because of the size and efficiency of our Company, superior business model and top-notch software, we can potentially offer better royalty rates, faster execution to market and wider penetration in multiple platforms than other companies. Our software was developed by the same team that created the pay-per view software for many digital tv boxes, we have the best and the brightest on tap.
Our competition is fierce, but we believe each have an achilles heal that will allow us to penetrate and capture a significant portion of the digital distribution marketplace, with the end game being major content owners ourselves and the #1 digital content distributor.
For example, as fantastic as Apple is, and we love Apple btw, content is locked into their hardware, for now this is great because it works the best…but in the near future many others will catch up and hardware will become less relavent. Since they are innovators, all the hard work is done, and now copy-cats will follow and there is a chance Apple may lose its current edge. The best thing Apple has is its ablitly to innovate, and as long as they do that, they will always be relavent. We hope to continue working with them for years to come, and we are major fans of Steve Jobs, but have a different vision for the future.
I-mobilize has already planned the possiblity of creating its own tablet device, but we will save that for another post. We are sure very soon Google, Samsung, Microsoft, Nokia and others will work out all their bugs and limitations and become real competitors for Apple in the hardware game.
Google’s limitation is the philosophy of making content free, and its losing the battle on many fronts. Content owners all over the world are fighting their “freeware” strategy. We don’t think its viable long-term, and its ironic since they charge so much for advertising on their search engine, but want movie and book producers to give away their content. If Apple ever decided to get into the search game or if Microsoft can make Bing actually work..Google may fade out rapidly. Anyone remember Excite? Google is expanding into areas like biotech, but we believe they should increase their efforts on creating a world-wide free wireless net, like that started doing a few years back, that way they can control all voice and internet data traffic. We still like Google but since the ownership shake-up things are not the same, its becoming less like Apple and more like Microsoft.
Hulu, another dark horse, seems to only have a few major short-term contracts and limited mobile exposure, and Netflix is actually executing well with more content, but both are missing huge areas of the market. We really like Netflix and tried to partner up with them on an app, but it didn’t happen, and we would like to work with them in the future.
Amazon is valiantly fighting a losing battle with Apple on the hardware front, (in our opinion), and has just begun to scratch the surface of video and audio distribution, its main limitation is that its primarily web-based and book focused still. They are however doing many things right, and we applaud them. They have developed a fantastic cloud server system, we feel its the best out there now. Amazon could pull it off, if they focus more on mobile, they have the similar content contracts just like Apple.
Right now its still anyone’s game, and its only the first quarter.
If Facebook can come out of obscurity to basically own half of cyberspace in a few short years, who is to say another small company can’t do the same in world of digital content. We are striving to be that company. Its a long-shot, many things can go wrong, see disclaimer at end of post, but that is what we are trying to do and even if we accomplish only a fraction of our goals, and its looking like we will, Metatron could be a major force in world of digital content distribution.
The big Network players like AT&T, Verizon ect.. themselves will become less relevent as free wireless becomes the norm, and we believe this will happen faster than people realize. Go Google Go.
As Sumner Redstone once said, “content is king”, the companies that own/control the content will be the winners long-term. Its the only thing of true value left in the digital world. Apple in a few short years has become the number one music distributor and its well on its way to control the book and movie industries as well, and they may very well succeed. Also it should be noted when Apple created iTunes it effectively killed the pirate trade of mp3's, this should be warning to Google as to why pursuing a free content strategy will never work in our current economic system, its not fair or good business. Here is a link to an interesting article about the subject:
http://online.wsj.com/article/SB123819841868261921.html
Metatron believes in making sure the content producers as well as the consumers are each given a fair deal. We would like to be the Wal-Mart of the digital content distribution world, small margins, large volume, happy consumers and producers.
We also believe our strategy of being hardware trancendent is superior and we are looking forward to executing this in a big way. In the near future we hope that an i-mobilize customer can buy any content on any device, and have it play on any device that he/she owns for a fair price.
4. Errors on Apps ect..
Their are some spelling errors on a few apps, we will eventually get to fixing them. Its actually a labor intensive process to change some aspects of app (like the title) so bear with us. We have implemented procedures to ensure errors occur less frequently on future titles.
5. AD supported apps?
Still working on these, experimenting in various ways with our free apps, trying to make them compete with paid apps is tricky, but doable, once again working with limited resources, and other factors our out of our control, may have something more solid by end of Q1.
6. Apple TV impact on revenues?
Great product, but limited penetration in the marketplace (currently 1M per quarter unit sales). We believe there is still not a compelling reason for consumers on a mass scale to switch from their cable-tv boxes or playstation to ATV at the moment, that may change as new features are rolled out. Steve Jobs said it best: “”The only way that’s ever going to change, is if you can really go back to square one, tear up the set top box, redesign it from scratch with a consistent UI across all these different functions, and get it to consumers in a way that they’re willing to pay for it. And right now there’s no way to do that.”
Its hard to say right now how having apps on ATV will impact our revenues, we expect it to be minimal for at least a year. We also expect Apple will evenutally allow you to play movies on your tv from your iphone/device-like you can do now with a jail-broken iPhone, the AppleTv may go the way of the dinosaurs relatively soon, but it is a pet project of Jobs and has significant backing from Apple, so its future and impact is unclear at this time.
7. What is your return/refund rate? Low, less than half a percent.
Thanks for reading our rather long blog post today, we hope it provided enough substance for shareholders to understand us better yet didn’t give away the farm.
We appreciate your support and look forward to a profitable 2011.
Happy New Year!
Forward-Looking Statements: Any statements
Great product, but limited penetration in the marketplace (currently 1M per quarter unit sales). We believe there is still not a compelling reason for consumers on a mass scale to switch from their cable-tv boxes or playstation to ATV at the moment, that may change as new features are rolled out. Steve Jobs said it best: “”The only way that’s ever going to change, is if you can really go back to square one, tear up the set top box, redesign it from scratch with a consistent UI across all these different functions, and get it to consumers in a way that they’re willing to pay for it. And right now there’s no way to do that.”
Its hard to say right now how having apps on ATV will impact our revenues, we expect it to be minimal for at least a year. We also expect Apple will evenutally allow you to play movies on your tv from your iphone/device-like you can do now with a jail-broken iPhone, the AppleTv may go the way of the dinosaurs relatively soon, but it is a pet project of Jobs and has significant backing from Apple, so its future and impact is unclear at this time.
7. What is your return/refund rate? Low, less than half a percent.
Thanks for reading our rather long blog post today, we hope it provided enough substance for shareholders to understand us better yet didn’t give away the farm.
We appreciate your support and look forward to a profitable 2011.
Happy New Year!
Forward-Looking Statements: Any statements made in this blog/press release which are not historical facts contain certain forward-looking statements,
You Got It!!
30,000 Unit Classic Soul and Popular Music Collection to Be Released on All Mobile Platforms..Any release date been announced yet? ITS BEEN OVER 4 YEARS WHATS UP?
http://finance.paidcontent.org/about/news/read/12161655/30