Metatron/i-Mobilize (MRNJ) Reports Second Quarter 2014 Earnings -- Profits Up Expenses Down
(Marketwire Via Acquire Media NewsEdge) DOVER, DE -- (Marketwired) -- 08/15/14 --
METATRON, Inc. (PINKSHEETS: MRNJ), and its mobile app division i-Mobilize, a top digital media developer and distributor of transformative content for release in digital form, announces its operating results for its second quarter 2014, ending June 30, 2014.
2014 Q2 Revenue was $142,010, a 25.9% decrease from 2013 Q2 Revenue of $191,668.
2014 Q2 Net Income was $26,416, an approximate 108% increase from 2013 Q2 Net Income, which was $12,695.
Total Expenses for the second quarter were $115,582, a 35% decrease from $178,973, the Total Expenses for the same time period last year.
Metatron's complete 2014 2nd Quarterly report has been published and is located on the OTC website.
In the quarter, the company, via its mobile subsidiary i-Mobilize, continued its development, release, of Apps for both the Apple iOS and Google Play platforms. The company released 20 Apps on the Google Play market.
The company is in the final stages of development of its first social media app, projected for submittal to Apple and public release over the next couple of months.
The expected release of the next generation iPhone in September before the holidays has historically meant increased sales for Metatron's apps.
About Metatron, Inc.
Metatron, Inc. is a corporate network of highly-related fast growing multi-sector businesses that transact through the Internet and mobile devices. We harness the power of technology to make people's lives more productive and enjoyable in today's connected world. Metatron companies operate in the hottest business sectors including online dating, credit card processing, next-gen relational database development, search engine advertising optimization, and mobile device applications.
See Metatroninc.com or official blog (http://metatroninc.wordpress.com)
Forward-Looking Statements: 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.
Source: Metatron, Inc.
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