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Yes $MSTO CEO Josh should get some of this stuff in order. Many of us feel he has eyes bigger than his stomach. All of the pie in the sky numbers and absolutely no reason he can't sit down and do an electronic filing. More importantly if memory serves me right on this he is allowed a total of 3 grace periods in a 2 year cycle.
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He had to do the filing otherwise he would lose the Reg eligibility...
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In another day and time I would have submitted my resume for the COO but it's a mess now. ;)
0.0008 0.00 (0.00%) Volume: 54,003,079
MSTO
Masterbeat Corporation (PK)
Day Range: 0.0005 - 0.0008
Bid: 0.0008
Ask: 0.0008
Last Trade Time: 3:36:17 PM EDT
Total Trades: 246
Just a reminder on the $MSTO Form 1-K: The SEC form that must be filed annually by issuers that have completed a Tier 2 offering under Regulation A under the Securities Act.
Form 1-K consists of:
Part I (a fillable XML form with basic information on the issuer and its recent Regulation A offerings).
Part II (which requires, among other disclosure, information about the issuer's business, directors and officers and securityholders; disclosure about related party transactions and interest of management and others in certain transactions; a management's discussion and analysis of financial condition and results of operations; audited financial statements and certain exhibits).
Annual reports on Form 1-K must be filed within 120 days after the end of the fiscal year covered by the report.
https://ih.advfn.com/stock-market/USOTC/masterbeat-pk-MSTO/stock-news/88448684/annual-report-pursuant-to-regulation-a-1-k
We have several theories on the $MSTO move to the Expert Market.
Theory 1: CEO Josh just didn't do the paperwork. While we find this highly improbable it is possible. He has put a lot of time and effort into bringing the company current on its filings and to drop the process in the midst of a proof of concept build would seem odd.
Theory 2: Issues with the RD build. This is a likely scenario and common in out-of-state owners. It is unusual for ("small") out-of-state builders to manage these properties efficiently (been there done that). Evidence can revert back to the lack of COC pics and enthusiasm distractions such as his own stone company running projects out of state.
Theory 3: CEO Josh intended for the $MSTO Expert Market move as an opportunity to cover his financial tracks with his inner circle of influence - namely RSO Eric. Keep in mind CEO Josh has single handedly been diluting $MSTO shares since his arrival. In addition he has realized he can hid money in SBQ as a C Corp apart from OTC scrutiny and especially the shareholders. Thus a good reason why he would have issued pie in the sky PRs while collecting new shareholder interest all the time flipping newly issued shares back into the retail float. This process has been discussed a number of times on this forum.
Did we miss anything?
Yes we checked ET first thing on $MSTO and they had already shut us down from buying.
TDA for $MSTO has us shut down on the buy and can only sell. Yep says
Order rejected: No opening transactions are allowed on securities affected by amendments to SEC Rule 15c2-11.
$MSTO Warning! This security is traded on the Expert Market
The Expert MarketSM serves broker-dealer pricing and investor best execution needs. Quotations in Expert Market securities are restricted from public viewing. OTC Markets Group may designate securities for quoting on the Expert Market when it is not able to confirm that the company is making current information publicly available under SEC Rule 15c2-11
Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
0.0008 -0.0002 (-20.00%) Volume: 25,541,200
MSTO
Masterbeat Corporation (PK)
0.0008
-0.0002 (-20.00%)
Volume: 25,541,200
Day Range: 0.0008 - 0.0011
Bid: 0.0008
Ask: 0.001
Last Trade Time: 3:42:59 PM EDT
Total Trades: 48
0.001 0.0001 (11.11%) Volume: 14,648,499
MSTO
Masterbeat Corporation (PK)
Day Range: 0.0009 - 0.00105
Bid: 0.0009
Ask: 0.0011
Last Trade Time: 3:40:31 PM EDT
Total Trades: 26
0.0009 -0.00005 (-5.26%) Volume: 11,954,894
$MSTO
Masterbeat Corporation (PK)
Day Range: 0.0008 - 0.001
Bid: 0.0009
Ask: 0.001
Last Trade Time: 3:56:12 PM EDT
Total Trades: 39
0.00095 0.00005 (5.56%) Volume: 1,844,000
MSTO
Masterbeat Corporation (PK)
Day Range: 0.0009 - 0.00105
Bid: 0.0009
Ask: 0.001
Last Trade Time: 3:31:39 PM EDT
Total Trades: 19
0.0009 0.0001 (12.50%) Volume: 23,458,788
MSTO
Masterbeat Corporation (PK)
Day Range: 0.0008 - 0.001
Bid: 0.0009
Ask: 0.001
Last Trade Time: 3:59:32 PM EDT
Total Trades: 45
0.0008 -0.0001 (-11.11%)Volume: 12,663,643
MSTO
Masterbeat Corporation (PK)
Day Range: 0.0008 - 0.0009
Bid: 0.0008
Ask: 0.0009
Last Trade Time: 3:13:03 PM EDT
Total Trades: 25
0.0009 0.00 (0.00%) Volume: 13,794,227
$MSTO Masterbeat Corporation (PK)
0.0009
0.00 (0.00%)
Volume: 13,794,227
Day Range: 0.0009 - 0.001
Bid: 0.0008
Ask: 0.0009
Last Trade Time: 3:59:53 PM EDT
Total Trades: 27
0.0009 -0.0001 (-10.00%) Volume: 29,862,172
Masterbeat Corporation $MSTO
@06/13/22 3:58:54 PM EDT
Bid Ask Day's Range
0.0009 0.001 0.0009 - 0.00105
0.001 -0.0001 (-9.09%) Volume: 860,685
Masterbeat Corporation $MSTO
@06/10/22 3:51:50 PM EDT
Bid Ask Day's Range
0.001 0.0011 0.001 - 0.0012
0.0011 0.0001 (10.00%) Volume: 33,243,294
Masterbeat Corporation $MSTO
@06/09/22 3:56:16 PM EDT
Bid Ask Day's Range
0.0011 0.0012 0.001 - 0.00114
0.001 0.0 (0.00%) Volume: 4,990,262
Masterbeat Corporation $MSTO
@06/08/22 3:59:43 PM EDT
Bid Ask Day's Range
0.001 0.0011 0.001 - 0.0011
0.001 -0.0001 (-9.09%) Volume: 4,782,783
Masterbeat Corporation $MSTO
@06/07/22 3:48:19 PM EDT
Bid Ask Day's Range
0.001 0.0012 0.001 - 0.001111
Keep in mind when you see the $MSTO ask offers on the bottom end ~ where are all of those shares coming from... it's the insiders or the MMs. No retail that we can see has had an opportunity to accumulate shares at this level with the expectation of a 2-3 tick swing for a flip (opinion). We suspect CEO Josh is waiting on the COC final inspections, buyer walk-thru, funds distribution to the 50/50 LLC, finalization from the state of the LLC to C Corp, and funds distribution between the C Corp and $MSTO balance sheet. After this settles one could imagine the final plans on the other two sequential builds. We would suggest CEO Josh issue 3 PRs: one on the current closing highlighting the proof of concept, second PR on the next two residential builds and time frame, and 3rd the pie in the sky 100M apt bldg build. In addition we suspect the Reg 1A has been a learning lesson for funds acquisition since he set a precedent with the previous toxic lender RSO Eric who still has his sticky fingers in the cookie jar. Nonetheless, let's hope the hurricanes push eastward and keep the sand dry on our turf.
0.0011 -0.0001 (-8.33%) Volume: 6,017,582
Masterbeat Corporation $MSTO
@06/06/22 3:50:09 PM EDT
Bid Ask Day's Range
0.001 0.0012 0.001 - 0.0012
0.0012 0.0001 (9.09%) Volume: 5,970,833
Masterbeat Corporation $MSTO
0.0012 0.0001 (9.09%)
Volume: 5,970,833 @06/03/22 4:00:55 PM EDT
Bid Ask Day's Range
0.0011 0.0012 0.001 - 0.0012
0.0011 -0.0001 (-8.33%) Volume: 1,696,269
Masterbeat Corporation $MSTO
0.0011 -0.0001 (-8.33%)
Volume: 1,696,269 @06/02/22 3:08:06 PM EDT
Bid Ask Day's Range
0.0011 0.0012 0.0011 - 0.0013
Yes correct it will be interesting to compare the upcoming $MSTO PR against the Q2 filing and see how they sync. In addition, it is not per se the funding that makes the company pink but the paperwork. Let's hope for some solid news over the next week and see where the pps runs too...
0.0012 0.0002 (20.00%) Volume: 32,079,106
Masterbeat Corporation $MSTO
0.0012 0.0002 (20.00%)
Volume: 32,079,106 @06/01/22 3:56:34 PM EDT
Bid Ask Day's Range
0.0011 0.0013 0.001 - 0.0013
Yes we couldn't agree more to a certain extent... however regardless of the MMs action on the stock the CEO can still put the numbers on the books and that hasn't happened (yet). Many have blamed the MMs when it is the CEO who is responsible for the direction of the company and then the stock pps will follow. Those CEOs who chase pps succumb to the typical argument blaming the MMs as just noted. CEO Josh needs to stop the fumbling with the unfulfilled PRs, produce the BP as promised which never happened, set the SBQ greedy structure aside to the benefit of the $MSTO stockholders, dump the toxic relationship with the RSO Eric, stop stretching the company in thinking there is a pie in the sky 100M return, resolve the out of state management issues, put ECO South in its place and expend some energy on $MSTO, find the lost JTec builds (4 cars and counting), and so on. Those are the responsibilities of CEO Josh and not the MM. Every stock deals with the MMs and $MSTO is no exception.
Totally agree which is the very reason we are on $MSTO among many others. The BS gets old especially when one has the opportunity to go thru each PR and mark a "yea or nay" next to it. It is outright troublesome to see over 90% nays on the PRs. Many PRs people spent their hard earned paycheck on for an anticipated modest return. We will see soon enough but our bet is CEO Josh didn't sell a drop on the reg filing cause no qualified investor is gonna pay more than what he gave the toxic RSO.
The $MSTO tweet by CEO Josh on May 17 was wasted space and just what it is a PUMP and to no avail. It is difficult to sit on a stock with a CEO who has maneuvered the structure in lining his pockets while the young families and investors suffer behind its collapse. CEO Josh has no interest in addressing any of our concerns over the past tweets, PRs, backend SBQ corporate structure, and protection of the "$MSTO" stockholders. This recent shuffle is merely an opportunity to send some stock into the retail market. We would expect to see the RD PR come out this week depending on whether he finished the SBQ restructure. While that process is straightforward there are some timing issues related to state documents and fees. Not a big deal but just a matter of timing - been there done that too. Hopefully this next bump as previously noted will hit mid 20s for a couple of days to unload some of the bags. Keep in mind CEO Josh can say whatever he wants and until the Q2 filing comes out there is no opportunity to verify. In fact where is the Q1 filing?? It would be wonderful if some of the $MSTO stockholders used their voice and reached out on the social media platforms in hopes of gaining CEO Josh ear...
0.001 0.0 (0.00%) Volume: 1,171,708
Masterbeat Corporation $MSTO
0.001 0.0 (0.00%)
Volume: 1,171,708 @05/31/22 3:10:38 PM EDT
Bid Ask Day's Range
0.001 0.0011 0.001 - 0.0011
0.001 -0.0001 (-9.09%) Volume: 23,917,487
Masterbeat Corporation $MSTO
0.001 -0.0001 (-9.09%)
Volume: 23,917,487 @05/27/22 3:56:47 PM EDT
Bid Ask Day's Range
0.001 0.0011 0.001 - 0.0012
0.0011 0.0001 (10.00%) Volume: 13,408,298
Masterbeat Corporation $MSTO
0.0011 0.0001 (10.00%)
Volume: 13,408,298 @05/26/22 3:24:34 PM EDT
Bid Ask Day's Range
0.001 0.0011 0.001 - 0.0011
We think it is just a few retail traders solidifying their position for the $MSTO brief bump. It's $100/M/tick ... Even after CEO Josh PR tweet on the closing it didn't really stir the pot of beans. It is the case with an out-of-state owner. Been there done that - if you're living next door you are doing a snap shot play-by-play of the build for the stockholders. Obviously that didn't happen.
In fact we had to ask what seemed like 75 times was CEO Josh an onsite COC manager. After we pointed out his res in GA he finally relented. Man what a suck way to run a public company. Again, we understand he and another unrelated partner are pushing counter tops in Florida after booting a third partner for partying. We get it.
However, watch the slight of hand movement against the slick writing PRs with the Q2 filing and judge for yourself. We have said all along he needed a vested COO to handle all this but it has fallen on deaf ears. After all when the Q2 comes out let's see whose pockets got filled and the others fleeced.
One important note at least CEO Josh will have proven his build concept regardless of how many hands are in the pot.
Makes us suspect when you see the heavy sell off on upcoming RE PR we are expecting 25-30s or a 15-20 temp up tick for the sell off. It will be a good time to divest some of this load. We will be shocked if he is able to put that RE apt building deal together under the $MSTO umbrella. Look at the old fins CEO Josh has encumbered the parent company while hustling cash out the SBQ back door.
0.001 -0.0002 (-16.67%) Volume: 23,014,548
Masterbeat Corporation $MSTO
0.001 -0.0002 (-16.67%)
Volume: 23,014,548 @05/25/22 3:59:29 PM EDT
Bid Ask Day's Range
0.001 0.0011 0.001 - 0.0013
Looks like not too many buying into CEO Josh latest PR on "Real Estate Tokens to fund Multi Family Developments" - yep another shot in the dark. Think many are waiting out the PR sale of the build. pps currently down 8.33%
Keep in mind we still do not have an answer from CEO Josh on the business plan he promised to post - never happened. The 4 cars with boosted auto - never happened among many others... Let's see a quick run to 30 for some short term flips.
If you read the current PR very closely you may notice $MSTO stockholders mentioned as a passing thought.
Masterbeat Corporation (OTC PINK: $MSTO ), a company specializing in hard, tangible asset acquisitions with an intense focus on real estate, collectible classic automobiles, and other tangible assets, is pleased to announce it will launch its Real Estate Token to fund Multi Family Developments. The Company is currently evaluating qualified potential building sites to develop its initial 300-unit multi-family asset which will have the potential to generate up to $100 million in revenues and sales.
The financial industry is experiencing a significant change in the growth of tokenization projects, tokenization solutions and services providers. SBQ will develop a tokenization platform that supports ongoing corporate management of the corporate real estate asset, as well as trading via the OTC marketplace. Other companies provide secondary trading exchanges for security tokens, custody solutions, legal services, etc. Many different pieces of the security token puzzle are now falling into place to form a more efficient, transparent, and secure blockchain based infrastructure for securities transfer, settlement and trading.
Real Estate is the biggest single asset class where tokenization can provide immediate and long-term value. Real Estate has $228 trillion in total assets that could be tokenized and block chained. One of the biggest benefits to real estate tokenization, and its holders, is the ability to reduce investment sizes by several orders of magnitude (from USD 100,000 to USD 1,000 ). This is made possible by the extreme automation of issuance and post-issuance processes, and it will dramatically increase the group of investors able to invest in a specific asset or fund.
Another significant benefit of tokenization is the liquidity of a real estate investment by making real estate assets tradeable. This will increase the amount of money available to invest in real estate, and on the other hand, will make the asset class more interesting for investors. Real estate assets have some properties that lend themselves nicely to tokenization - such as being relatively secure investments, requiring significant investment sums, being relatively easily comparable and quantifiable, as well as being notoriously illiquid investments.
"While we continue with our vacation style asset model, we are actively progressing with our multi family model segment. By tokenizing this more expensive asset class, we can limit company risk and move faster and more efficiently. Tokens and blockchains are the wave of the future, and SBQ can nicely marry it with our public company to further increase revenues and dividend payments," stated Josh Tannariello , CEO of Masterbeat . "Additionally, our second vacation rental asset is in the final stages of construction and is expected to close in the next few days with significant return on investment."