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**NEWS** MasterBeat Corporation’s SBQ Holdings, LLC Completes Additional Land Purchase in Navarre Beach, Florida to Build Another Upscale Beach Vacation Property
MIRAMAR BEACH, FL, June 07, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – MasterBeat Corporation (OTC: MSTO), a company specializing in hard, tangible asset acquisitions with an intense focus on real estate, precious metals, collectible classic automobiles, and other tangible assets, is pleased to announce that, on June 3, 2021, it purchased a tract of land in Navarre, Florida for $365,000 to build another upscale Beach Vacation Home utilizing traditional financing to add to the SBQ Real Estate portfolio.
The Navarre property will be similar in size and style as the Santa Rosa Property, which is a 5,000 sq. ft. vacation style home boasting 8 bedrooms, 8.5 bathrooms, 4 stories with ocean views, a rooftop deck, a short walk to the beach, and an elevator. The property will sleep multiple families, will include a private resort-style pool with a hot tub, fire pit and much more. Construction of the previously acquired Santa Rosa Property is anticipated to start in August of this year, and this newly acquired Navarre property construction is to start in October 2021.
“We are continuing to add to our Beach Vacation Style Property portfolio and believe in this strategy for revenues streams, appreciation and profitability as proved in our Verano Palace property venture which generated positive revenue, was self-sustaining and profitable while the company realized over $300,000 in appreciation in under two years. We anticipate our new Santa Rosa and Navarre properties to perform just as well as our original Verano Palace property and deliver similar significant value to our shareholders,” stated Josh Tannariello, CEO of MasterBeat. “In other aspects, we are working on the completion of our 2020 fiscal year annual audit with Malone Bailey, which follows on our already completed 2018 and 2019 fiscal audits, and we will update shareholders once completed.”
About MasterBeat Corp.
MasterBeat Corporation (OTC: MSTO), incorporated under the laws of Delaware, is a publicly traded company specializing in hard, tangible asset acquisitions with an intense focus on real estate, precious metals, and other tangible assets. The company believes its progressive approach to an old school model, especially in this market based on fragile earnings multiples and uncertainty, to acquire hard, tangible assets will not only offer long term capital appreciation but also deliver revenues, profits, and self-sustainability.
www.masterbeatcorp.com
info@masterbeatcorp.com
Safe Harbor Statement
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts or to procure future contracts. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.
Contact:
Josh Tannariello
561-570-7050
josh@masterbeatcorp.com
Source: MasterBeat Corporation
© 2021 GlobeNewswire, Inc.
Hey man if you have information to share we are all eyes... lets have it.
You have to be kidding.... They took a 1.4 mil check, the hot rod, and VANISHED... The getting current was so they could hold out a while longer.....
And absolutely fauck all from the company -- I think they took the new car and the Verano profits and hit Vegas
Once they stop selling air shares, we will move
$TONR WHALEBID ALERT 17m .0026 $TONR
I am picking up more.. seems like silver possibly in order here
$IFAN Whale bid 1.6m at .0105
bids are thickening and increasing in size....
$IFAN
I hear ya. Thanks for the reply.
Picked up a little $IFAN today but looks like some dilution dumps... thoughts anyone?
lol can see them coming from 10 miles away
my net is out
No, I don't believe its a scam, just bad debt management
Finally some bids are coming back in at .007 -- This as can be on the way back up
MasterBeat Corp. Subsidiary, SBQ Holdings, LLC, Completes the Sale of Its Verano Palace Property in Miramar Beach, Florida for $1.4 Million ($1,400,000)
May. 11, 2021 9:00 AM ET Source: Masterbeat Corporation
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MIRAMAR BEACH, FL - (NewMediaWire) - May 11, 2021 - MasterBeat Corporation (OTC: MSTO), a company specializing in hard, tangible asset acquisitions with an intense focus on real estate, precious metals, collectible classic automobiles, and other tangible assets, announces that it has completed and closed on the sale of its Verano Palace property in Miramar Beach Florida, which the Company purchased for $1.1 Million ($1,100,000) in late 2019, for $1.4 Million ($1,400,000) to realize asset appreciation of $300,000 in addition to rental revenues and profits.
SBQ Holdings LLC was created to focus on the acquisition and development of income-generating real estate assets with supplement positions in additional hard assets, such as precious metals. SBQ Holdings’ first property acquisition, Verano Palace, was intended to be a revenue-generating, profitable, self-sustaining property with great potential for appreciation, and it proved to be all these things! SBQ’s Automotive Division JTEC Automotive was created to specialize in vehicle acquisition in the collectible classic automobile industry. JTEC has demonstrated remarkable returns and profits as well. JTEC’s first acquisition was a 1969 Pontiac Firebird that profited $15,000, yielding a profit margin of over 30%. SBQ’s model has proven its works, providing even greater than initial expected yields and appreciation.
“Our Company is a young company with a short track record; however, our management and partners are long tenured veterans in our focused industries. Our vision was to combine our 2 business models with our experienced, proven successful people, and we generated not only substantial revenue and profits but also with impressive margins and appreciation. These profit and appreciation margins are even more impressive considering our company is young with limitless upward potential and considering the market conditions. We are comfortable that our business model can deliver a comfortable 18% plus consistent annual returns,” stated Josh Tannariello, CEO of Masterbeat.
NO CHANGE TO SS $MSTO
MSTO SECURITY DETAILS
Share Structure
Market Cap Market Cap
3,995,680
05/07/2021
Authorized Shares
850,000,000
05/09/2021
Outstanding Shares
493,293,815
05/09/2021
Restricted
32,345,325
05/09/2021
Unrestricted
460,948,490
05/09/2021
Held at DTC
390,462,515
05/09/2021
Float
5,422,775
06/10/2019
Par Value
No Par Value
NO DILUTION -- Share structure still unchanged 3 weeks later!!!!.....
$MSTO SECURITY DETAILS
Share Structure
Market Cap Market Cap
4,094,339
05/05/2021
Authorized Shares
850,000,000
05/05/2021
Outstanding Shares
493,293,815
05/05/2021
Restricted
32,345,325
05/05/2021
Unrestricted
460,948,490
05/05/2021
Held at DTC
375,462,515
05/05/2021
Float
5,422,775
06/10/2019
Par Value
No Par Value
Not sure why $MSTO is so silent all the sudden.... so many irons in the fire here.. Just doesn't make sense why we cant hold any gains
Snagged some 86's... added them to the stack for the real run..
$MSTO
Had my net out for those 92's Thanks all! Added to the stack...
$MSTO
Appears to be some "dot" connecting on Twitter... Interesting to see how it all pans out.
Bids are stacking now over .01 with a couple hefty slaps!! $MSTO
Appears to be all good here churning at higher levels
$MSTO
$MSTO quickturn revenues.
More news today for the Wanda and $RG GI today.....
Is $MSTO getting into or creating blockchain? Their tweets from SBQ are pretty interesting...
Unfortunately, it looks like flippers living between the tight boli's for a 10 or 15 pt swing.
Another push like we had last week would give us a Psarflip. Sits at .0133 now
Much appreciated but its not giving me any volume
Does anyone have a recording of the investor conference?
$RIII
Sweet ass bids at .05 $RIII
Sweet churn here... should make the move higher much easier.. BACK TO .03!
$MSTO
lolzz flipper lost his shares
MasterBeat Corp. Subsidiary, SBQ Holdings, LLC, Accepts $1.4 Million ($1,400,000) Offer for Its Verano Palace Property in Miramar Beach, Florida
MIRAMAR BEACH, FL, April 22, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- MasterBeat Corporation (OTC: MSTO), a company specializing in hard, tangible asset acquisitions with an intense focus on real estate, precious metals, collectible classic automobiles, and other tangible assets, announces that it has received and accepted an offer of $1.4 Million ($1,400,000) for its Verano Palace real estate asset in Miramar Beach, Florida.
Verano Palace Property
https://www.foreverdestinbeachrentals.com/details.aspx?PropertyID=313584
SBQ acquired the Verano Palace property, a 7-bedroom, 7.5-bath vacation style rental property, in September, 2019, for $1.1 Million ($1,100,000). The property was acquired in the initial phase of SBQ’s Real Estate Business Model and was expected to be income generating, self-sustaining with potential for significant asset appreciation. The Verano Palace property proved to meet all these targeted parameters. The asset has generated approximately $250,000 in revenues, has been self-sustaining and profitable and, upon closing of this $1.4 Million offer, will realize asset appreciation of $300,000 in less than two years.
As announced on March 23, 2021, SBQ has acquired the land and is preparing to build its 5,000 sq. ft. Santa Rosa vacation style property. The Verano Palace and Santa Rosa properties were purchased and financed via traditional mortgage which are personally backed and guaranteed by MasterBeat’s CEO, Josh Tannariello.
“We are incredibly pleased with the $1.4 Million offer for our Verano Palace property. Another achieved milestone that continues to validate our business plan and proves the model works. Our model seeks to acquire properties that are income generating, profitable and self-sustaining, and have the potential for significant appreciation. Our first asset, the Verano Palace, has delivered on every aspect and then some,” stated Josh Tannariello, CEO of MasterBeat. “We now have proven our initial automotive and real estate models work. We have been working diligently on getting our Company situated to obtain the financing necessary to grow the company and deliver even more significant value to our shareholders. We also have 2 years of audited financials and a 3rd year audit is currently being conducted. In a short amount of time, we have achieved verifiable operations, revenues, profits, growth and asset appreciation. We feel these accomplishments will help us achieve the additional and significant traditional financing we seek to execute our business model and accelerate the growth of our Company.”
And just like that $MSTO sells beach house for 1.4M, realizing several hundred thousand in revenues from sale and rental
lol that loading wall vanished as soon as some slaps came in