Metatron Inc (MRNJ)

[Snowie]

CEO Joe Riehl stated: "Right on the heels of Metatron achieving a moratorium on conversions and dilution through October 31, 2022, I can proudly say that we have now put to rest any fears of a near term reverse split. The planned reverse split is being canceled, period. The Metatron executive team has complete confidence in its current business strategy to attract a broader range of new shareholders at the current price levels and believes that with value we are adding and shortly planning to add that our existing share structure makes perfect sense moving into the future."

The Company also reported favorable progress in its ongoing talks with the key debtholders of Metatron. These talks primarily center around Metatron's commitment to restructure debt and organize friendly terms beneficial to all parties over the coming 12 months. The Company is also seeking to reach terms to extend the existing moratorium on dilution into November-December.

$MRNJ HUGE NEWS: https://finance.yahoo.com/news/metatron-inc-fully-cancel-reverse-140000465.html