Updates: Feb. 15, 2017
Metatron (MRNJD) Added to Watch List Based on Low Market Valuation
(NEW YORK)–Metatron, Inc. (OTC:MRNJD), through its mobile application development division i-Mobilize, gets added to watch list as potential rebound play based on their cybersecurity, and cannabis related mobile applications.
Mobile Rebranding
The Company, through its mobile division i-Mobilize, plans to relaunch their mobile business in the specific areas of mobile encryption and security, and mobile applications for the growing cannabis and marijuana market. Under this new goal, the Company will keep its focus on a couple of dynamic concepts within the mobile market, and will look to reduce or shelve other projects to the back burner, which may be a smart move as to keep them focused on one or two projects at a time.
The Company has experience in developing over 2000+ mobile applications in the past years, which shows they can bring a project from concept, to development pretty quickly.
Mobile Apps for Cannabis Market
One of the more exciting aspects of this trade is the Company’s plan to develop mobile apps for the rapidly growing cannabis and marijuana industry. The Company is expected to release a detailed update on their cannabis mobile app direction, but in meantime investors can get a feel for the market by taking look at MassRoots, Inc. (OTC:MSRT), which is one of the main players in the area of mobile applications for cannabis market.
Valuation Target
As of Feb. 2017, the Company has roughly 50 million shares issued and outstanding following their recent restructuring, giving the stock a highly undervalued market capitalization of just around $200,000.
Based on their new restructuring, current market value, development of cannabis related mobile apps, and plan to work to cap any rapid increases in share issuances, Ludlow Research, a small cap equity research firm based out of New York City, announced it had placed Metatron (MRNJD) on their watch list, with a “speculative” valuation target of $0.03 to $0.04 per share, or $1.5 to $2 million market cap valuation based on current shares outstanding.
About Metatron, Inc.
Metatron, Inc. is a leading mobile application company, which has experience in developing and launching more then 2000+ mobile apps in the past several years. Our core focus is developing mobile applications in dynamic growth sectors to include mobile encryption and security, credit card processing, next-gen Virtual Reality applications, SMS and consumer discount advertising, business automation, and the rapidly growing cannabis market. For more information please visit www.metatroninc.com
