Metatron Apps Inc. (OTC:MRNJ) Stock Gains Momentum: But Why?

On Tuesday, there had been a lot of companies that had come into focus among investors for one reason or another, and one of those was Metatron Apps Inc. (OTC:MRNJ). The company announced yesterday that it had entered into a collaboration with AB International Group, which could help change the face of the worldwide digital entertainment space. The two entities accepted the terms of the collaboration and signed a letter of intent.

In this context, it ought to be noted that Metatron Apps boasts a strong track record of having created hundreds of mobile apps, and many of those ended up in the top 20 rankings on the Apple App Store. AB International Group is involved in contributing streaming rights for more than a thousand Chinese films and television shows. Through this collaboration, the two companies reached an agreement to create a new and unique video streaming platform. Through this project, the technical excellence of Metatron Apps would be combined with the massive content catalog of AB International Group. The companies aim to build a high-class film streaming service that could turn into ‘The Netflix of China’.

In the news release, it was noted that the integration of artificial intelligence into the platform by Metatron would help revolutionize user interaction with the content from AB International. The search and discovery functions powered by artificial intelligence would provide users with a customized viewing experience, thereby making content navigation easy and intuitive.

The platform would also integrate artificial intelligence-backed advertising. That would help in displaying the promotions relevant to a user and increase both visibility and engagement for the content available on the platform. AB International committed to the initial financing of the development of the platform and the operating costs, as per the agreement.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.