Metatron Announces Deal with Health and Lifestyle Company Good Karma Global

Rhea-AI Summary

Metatron Apps (OTC Pink: MRNJ) has entered a mobile marketing agreement with Good Karma Global, an e-commerce firm noted for its success in health and wellness products. With over 2,000 apps developed, Metatron aims to enhance Good Karma's mobile presence in a growing e-commerce market projected to reach $4.9 trillion by 2026. This partnership focuses on launching multiple wellness-focused websites and apps, leveraging Good Karma's established customer base and digital assets. CEO Joe Riehl underscores the significance of online sales, noting that more than 50% of retail occurs on mobile platforms.

Positive

• Strategic partnership with Good Karma Global to enhance mobile marketing capabilities.
• Access to Good Karma's established customer base and digital properties.
• Alignment with the growing $4.9 trillion e-commerce market, expected to expand significantly.

Negative

• Potential for shareholder dilution due to the need for additional financing.
• Dependency on fluctuating market conditions and third-party relationships.

DOVER, DE, July 06, 2022 (GLOBE NEWSWIRE) -- Metatron Apps (OTC Pink: MRNJ), a mobile and web technology pioneer having developed over 2,000 apps on iTunes and Google Play, is pleased to announce mobile marketing agreement with Good Karma Global, an e-commerce company which has generated millions in sales over the last several years through its various lifestyle brands. Good Karma brings to the table its thousands of customers, multiple digital properties and wide range of health and wellness products. 

         The companies plan to conduct a shared roll out of multiple websites and apps geared towards wellness, mindfulness, and health-related lifestyle categories. Good Karma Global currently sells nutritional supplements and digital wellness content under various brand names in retail, web and via the top social media platforms. One of its popular diet brands recently ranked as one of the best-selling supplements on Amazon for its category.

         The global e-commerce market reached  $4.9 trillion in 2021 and is expected to grow 50% over the next 5 years (Statista). Most online sales occur in the mobile space with over $3.5 trillion in sales via apps and phone browsers. Mainstream wellness companies like Good Karma recognize the need to greatly expand its presence in mobile with the help of an experienced app development and marketing company like Metatron.

         “With over 50% of all retail now happening online and mostly on phones, the agreement with Good Karma Global will position both companies for continued success in the mobile e-commerce revolution”-Joe Riehl CEO Metatron

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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.  Metatron does not grow, sell or distribute any substances that violate United States Law or the controlled substance act.

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FAQ

What is the recent announcement from Metatron Apps (MRNJ)?

Metatron Apps has announced a mobile marketing agreement with Good Karma Global to enhance their mobile e-commerce presence.

How will the partnership with Good Karma Global affect Metatron Apps (MRNJ)?

The partnership aims to launch multiple wellness-focused websites and apps, leveraging Good Karma's customer base and digital assets.

What is the projected growth of the e-commerce market related to Metatron Apps (MRNJ)?

The global e-commerce market is projected to reach $4.9 trillion by 2026, indicating substantial growth opportunities.

What are the potential risks mentioned in the press release for Metatron Apps (MRNJ)?

Risks include potential shareholder dilution due to the need for additional financing and dependency on market conditions.