Published On: Tue, Aug 30th, 2016

Metatron Inc (OTCMKTS:MRNJ) To Develop Organic Specialty Beverages With Therapy Pure Essentials

Metatron Inc (OTCMKTS:MRNJ) has announced that it would be partnering with Therapy Pure Essentials, to develop a line of organic specialty beverages. The company stated that initially it would be launching four drinks: CBD Coffee, CBD Chai-Tea, CBD Ice-Tea and CBD Latte. MRNJ also revealed that it has already established the shipping and production lines for the products and would be releasing samples this week. However, the actual launch would not take place before the 4Q2016.

The company announced that it plans to sell the beverages through company apps, retail outlets and company website. It should be noted here that CBD made from industrial hemp is legal to be purchased across the US, with the FDA even recognizing hemp oil as a dietary supplement. In the update, Metatron also restated that it also has an ongoing joint venture with Circa Pictures, focused on the development of an entertainment event based crowd funding platform.

Under the agreement with Circ Pictures, Metatron would develop a global content channel, for unique content and sneak peeks. This would allow content creators to raise funds through viewer participation. The two companies would work to develop websites, apps, social media and YouTube channels, as part of the crowd funding platform. These would be filled with content from various entertainment productions. Consequently, crowd funding would be acquired and contracted from members and commercial customer contracts.

The two companies have also announced that they would acquire funding for the project through non-dilutive sources, such as third party companies or new customer contracts. Moreover, Metatron and Circa would also exercise a stock swap and ensure that the dividends reach the stockholders of each company. It should be noted here that a recent article in Forbes indicated that the crowd funding industry is more than doubling on a yearly basis.

Metatron Inc (OTCMKTS:MRNJ) did not record a change in its share value, during the August 29 trading session, despite a trade volume of 37.81 million, to close at $0.0001 per share.

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