After careful deliberation with key debtholders and
CEO
The Company also reported favorable progress in its ongoing talks with the key debtholders of
The Company also updated shareholders on the recent AI acquisition.
CEO
1. Successfully entered into a moratorium on dilution at least until
2. Negotiated and continuing to negotiate favorable debt restructuring with our key debtholders,
3. Successfully inked our first AI acquisition deal,
4. Getting close to inking our second AI acquisition deal, and now
5. Made a firm commitment to cancel the corporate reverse split that was previously filed.
The Company will continue to update our valued investors early and often! Please visit our corporate Twitter account often: https://twitter.com/MetatronInc
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.
Contact:
ir@metatronapps.com
Source:
2022 GlobeNewswire, Inc., source