DOVER, DE / ACCESSWIRE / August 19, 2016 / Metatron (OTC: MRNJ) will embark on a joint venture with Circa Pictures (OTC: CPPD) to develop a global content channel for unique content and new project sneak peaks along with a corresponding crowdfunding platform. This will be the first event-based crowdfunding network that will allow content creators to showcase their projects and raise funds through viewer participation.
"By 2016 the crowdfunding industry is on track to account for more funding than venture capital, according to a recent report by Massolution. Just five years ago there was a relatively small market of early adopters crowdfunding online to the tune of a reported $880 million in 2010. Fast forward to today and we saw $16 billion crowdfunded in 2014, with 2015 estimated to grow to over $34 billion. In comparison, the VC industry invests an average of $30 billion each year. Meanwhile, the crowdfunding industry is doubling or more, every year." - Forbes
The purpose of the joint venture shall be to create websites, apps, social media and Youtube channels to operate as a global content network for various entertainment productions. Corresponding crowdfunding will be acquired and contracted from members, one-off viewers, and commercial customer contracts serving the entertainment industries on a national and global basis.
As part of the project the companies will also participate in a stock swap and plan to dividend the resulting common shares to their respective shareholders in the near future. New non-dilutive funding for the joint venture will be provided by third-party finance companies and new customer contracts.
Circa Pictures currently owns and is also in partnership on a number of TV shows (reality and scripted) as well as movies that are in various stages of marketing or pre-production for distribution opportunities in the USA, Canada with potential International syndication.
Metatron provides digital content distribution across mobile and web platforms. Through its app division i-Mobilize, the company was an early pioneer in the app industry and developed over 2000 apps generating millions in sales and downloads for high profile clients. Metatron conceives, creates, and monetizes content for its customers in order to reach a global audience. The Company released some of the first legal Hemp and CBD related apps on iTunes and Google Play. The App Industry is estimated to reach $77 billion in 2017 according to Entrepeneur.com.
Apps (700+ on sale, over 2000 developed):
Circa Pictures & Prod. Co. Intl. Inc.
CDN Direct # 1 (905) 302-8883
U.S. Direct # 1 (323) 510-5655
Press Release Information:
Investor Relations: PACIFIC EQUITY ALLIANCE LLC
Investor Contact(s): Zachary R. Logan / Grady Powell
Contact phone: 858.886.7238 [email protected]
Zachary R. Logan
Legal Notice Regarding Forward-Looking Statements:
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in a nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the companies discussed to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, neither Circa Pictures and Production Co International Inc. nor Metatron Inc. undertakes any obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise. Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results of the specific items described in this release, and the company's operations generally, to differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's need for additional financing, which is not assured and which may result in dilution of shareholders, the company's status as a small company with a limited operating history, dependence on third parties and the continuing popularity of the iOS operating system, general market and economic conditions, technical factors, receipt of revenues, and other factors, many of which are beyond the control of the company. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements, and we disclaim any obligation to update information contained in any forward-looking statement. Metatron retained Pacific Equity Alliance LLC by issuing Integrative Business Alliance LLC 100m rule 144 for 1 year consulting services. Metatron does not grow, sell or distribute any substances that violate United States Law or the controlled substance act.