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Metatron Inc

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Metatron, Inc.
(OTCBB: MRNJ)

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"Metatron Inc. Announces Letter of Intent to Acquire i-Mobilize Inc."

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Financial Snapshot:

Business:

Mobile Technology

Exchange:
OTC

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Metatron Inc.(OTC: MRNJ)

Detailed Quote: http://www.otcpicks.com/quotes/MRNJ.php

 

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Company Overviewimg

Through their current partner relationships, Metatron Inc. (a Delaware corporation) is a diversified internet operations company focusing on Web 2.0 properties. Their mission is to harness the power of technology to make people's lives more productive and enjoyable.

Their objective is to acquire our current operating partners and monetize those, and other properties, based on extensive experience and knowledge of Web 2.0. Metatron’s network of partner companies operates in the hottest business sectors. The current Metatron family of companies consists of 1) online dating site, CupidsDevil; 2) merchant processer, JustData, Inc.; 3) web design, development and marketer, PB Magic, Inc.; and 4) mobile application developer, i-Mobilize, Inc., which is currently creating applications for the iPhone, Palm’s new Pre, Blackberry, T-Mobile’s G1 and other mobile devices.

Over the last seven years, Metatron’s partners and partner companies have generated millions in revenue and provided entertainment and service to thousands of internet customers - all with a net profit margin of over 30% and virtually no debt. Collectively, the founders of the partner companies, have worked together in one capacity or another since 2002, and many of their partners have years of solid revenue history and web experience with such household names as Mario Valente, Car and Driver, and NiNE Mobile.

Their “Build!Acquire!Monetize” strategy is simple and direct; acquire and assimilate fast growing companies in front-running technology and entertainment sectors, forming a vast yet razor sharp network that will intelligently leverage the strengths of its components to form an undeniable and lucrative competitive edge.

Metatron’s specific strategic growth initiatives can be outlined as follows:

  • Leverage ONE-TIME customer acquisition costs into RECURRING revenue streams, with above industry-average margins.
  • Identify the types of content that are popular with that traffic.
  • Leverage commoditized backends to service Metatron’s proprietary frontend sites and services.
  • Improve backends through continued software and application development.
  • Extend into new affinity-focused markets.
  • Continually cross-promote.
  • Acquire synergistic companies whose customers and applications can be fully integrated and/or leveraged into the Metatron family.

In short, management anticipates that Metatron’s long-tail expansion will be both horizontal and vertical – horizontally into new affinity-focused sites and services and vertically through development or acquisitions of applications that service the frontend.

Partners

CupidsDevilimg

CupidsDevil (“Cupid”) enables adults to meet online, participate in a community and form casual relationships. Research shows that the vast majority of users of dating services are looking for casual, low pressure relationships. Cupid is the first and only main-stream, top-tier dating site with a computerized matchmaking system that is optimized for short-term relationships. Our competition focuses on finding members potential soul-mates and life partners, while Cupid focuses on finding fun and good times for its users.

i-Mobilize

Like the internet, the mobile world (usually defined as all wireless communication devices) is going through constant evolution. One clear trend that has emerged is the continued shift of the mobile phone from simple voice device to mobile computer characterized by a growing number of diverse applications. i-Mobilize's mission is to be a leading global provider and developer of mobile applications.

Just Data, Inc.

Just Data, Inc. is an Internet Payment Service Provider (IPSP) that enables merchants to accept payments online. Just Data's flexible solutions process credit cards, electronic checks, and telephone orders, and work with any business model, including internet, broadband, wireless, call centers and even retail establishments. Its interactive web solutions enable clients to provide interactive financial statements to their customers via email and real-time on the Internet.

PB Magic, Inc.

PB Magic, Inc. (“PBM”) is an internet professional services firm that provides consulting services in the areas of web development, mobile software, online marketing, “Pay-per-Click” (PPC) management, SEO services and corporate strategy to internet-based businesses. Due to management's depth of experience, PBM is able to generate improved returns on investments in advertising for its clients and base its fee structure on the subsequent increase in cash flow.

Management

Joe Riehl, President/CEO

Joe Riehl attended the University of California at San Diego from 1988 to 1992 pursuing a double major in Computer Science and Economics. He was recruited late in his senior year to join Electric Pencil Inc., a graphic design and advertising company whose clients included Paramount, Warner Bros, and Sony studios, as a new media specialist. Within one year he was appointed to the position of Vice President of Operations for that company’s Hollywood and LA offices which had over sixty combined employees. Projects he managed during this time included the marketing and design of many movie ads and artists albums, including several Disney movies, Aliens 3, Guns n Roses’ Use Your Illusion 1 and 2, and other topselling favorites. Yearly revenue for Electric Pencil during Mr. Riehl's tenure rose from under $1 million to over $10 million within two years.

Together with advertising expert and company CTO, Mike Sunyich, Mr. Riehl then formed RS International Inc., a web-design and online marketing company whose clients included Disney, MP3.com, Buzzlink.com, Car and Driver, and FashionMall.com. During this time Joe managed online marketing campaigns and traffic development programs that focused on maximizing revenue. For the first time in advertising history the Internet offered a way to precisely track ad spending vs. ad revenue and RSI capitalized on this for their clients. RSI was also one of the first companies to market cell-phones on-line with an exclusive contract from AT&T, and one of the first to offer search engine optimization.

Mr. Riehl then focused on the opportunities in the search engine advertising market (SEM) in 1999 by creating RComm Inc. with the intention to offer clients a systematic way to track ad spending and the ability to ramp up marketing budgets with predictable results. Since that time, RComm has acted as a consulting firm for a wide-variety of companies seeking to develop and capitalize on their online presence.

During this time, Mr. Riehl also produced a television series pilot for the Sci-fi channel, The Chronicles, which became that channel ’s top-rated show for three seasons. He also consulted and marketed music artists and seminar leaders selling their audio and videos online. One of his artists, Emote, was the number one downloaded alternative band on mp3.com.

Seeing the future of online commerce being highly dependent on information management, Mr. Riehl was instrumental in the development of PB Magic, Inc. (“PBM”) with online database and e-commerce expert, and company COO, Denis Sluka. During this time, Mr. Riehl managed the development of PBM web-sites and managed the on-line sales and credit-card processing for numerous companies. During his engagement, PBM generated $3 million in revenue during its second year and seven figures for the next seven years - with a 45% profit margin.

Denis Sluka, COO

A self-taught entrepreneur and with over 15 years of development, database and ecommerce expertise, Mr. Sluka is co-founder of Company subsidiaries PB Magic and CupidsDevil, as well has heading up development for i-Mobilize. Prior to co-founding the companies, he served as inventory database programmer and manager for high-end mens ’ clothing designer and manufacturer, Mario Valente. Prior to that, he served with NY-based Croman Real Estate as its listings database developer. Under his company, Spidermade, Inc., he also designed and developed the websites of clothing designer, Sigrid Olsen, FashionMall.com, Car and Driver, and Smashbox Cosmetics. His deep design and programming experience are crucial to the Company ’s ongoing success.

Mike Sunyich, CTO

Mike Sunyich began his career in the technology industry in 1994 when he started his first Internet based business distributing American merchandise across the globe. Since then he has been involved in many start-ups both online and off contributing to various departments from server administration to product distribution to product development and marketing.

Spending six years as Senior Vice President of a large cellular phone retail chain laid the groundwork for some of his more recent projects in mobile marketing and iPhone application development. His industry experience and connections are called upon often to take advantage of this fast moving and up-and-coming market. Mr. Sunyich earned his Bachelor’s degree in Marketing from California State University, Long Beach.


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Recent MRNJ News:

July 28 - Metatron Inc. Announces Letter of Intent to Acquire i-Mobilize Inc.

Metatron Inc. (OTC: MRNJ), today announced that it has entered into a Letter of Intent (LOI) with the shareholders of i-Mobilize Inc., a Delaware corporation, to acquire 100% of the outstanding common stock and make i-Mobilize a wholly owned subsidiary of the Company. The acquisition is expected to close within 20 business days and is subject to due diligence review. Terms were not disclosed.

i-Mobilize's mission is to be a leading global provider and developer of mobile applications for the iPhone, Palm's new Pre, BlackBerry, T-Mobile's G1 and other mobile devices. Strategy Analytics claims the mobile content market will reach $67 billion in 2009, up 18% from 2008.

Currently, i-Mobilize has two official mobile applications under review at Apple which management expects to be on Apple's store very soon. Once the first applications are approved, i-Mobilize has another five to ten applications to submit for review. In addition, the Company expects to acquire and move several individually owned applications under the i-Mobilize, and thus the Metatron, umbrella.

Commenting on the potential acquisition, Joe Riehl, CEO of Metatron, stated, "It has always been our strategy from day one to bring our partner companies into the Metatron family. With the surge of the mobile application market, we felt that i-Mobilize was the logical first choice. Its developers have been working diligently to bring quality applications to the Apple store and have a significant development pipeline. We are confident that with our marketing capabilities, we can reach our target markets with not only these apps, but others that we could have the chance to acquire in the future. The acquisition would definitely be in keeping with our overall strategic monetization business model.

"We also want to make clear that the company was approved by Apple as a seller within 30 days, far shorter than most companies. That is a timeframe normally reserved for individuals. However, it is not only immediate sales of applications that i-Mobilize can bring to our Company, but also the synergy with our other current and potential businesses. We are extremely pleased that the shareholders have agreed in principle to be part of our team moving forward."


Metatron, Inc.

160 Greentree Drive, Suite 101
Dover, DE 19904
Tel: 619 550-4668

Website: http://www.metatroninc.com/

 

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