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The two $MSTO builds are still on hold as of today. Navarre on the MLS is still for sale $3.75M. The Santa Rosa Baird build is on hold per current county records. We would anticipate once the new COC plans are uploaded to Walton county planning the Baird project could run to completion sometime Q2 2023. A similar scenario although a bit longer for the Navarre property finishing late Q2 2023. Once the Q3 2022 comes out reflecting the 183 Rolling Dunes sale we would expect a bump in the pps and then it settles back down leaving the two builds for Q2 2023 and little stock volume or pps movement as we will be experiencing a gap in the build to sale process. The forward looking news is with the proceeds of the next two builds there could be enough funds to start other projects apart from the .0001 stock giveaway and provide $MSTO with more stockholder value. So basically after the upcoming news on the Rolling Dunes sale we expect the stock pps to trade in a narrow channel until Q2 2023. Happy trading.
0.001 0.00 (0.00%) Volume: 6,096,000
MSTO
Masterbeat Corporation (PK)
Day Range: 0.0009 - 0.001
Bid: 0.0009
Ask: 0.001
Last Trade Time: 3:59:17 PM EDT
Total Trades: 26
Fair enough on the response but just didn't see you post the chart and that would have been really nice. $.34 you said for $MSTO wow if that hits some traders will have a soda pop fest. If you get a chance upload the chart would like to see how that number got figured in. Thanks.
Help me out here as you noted "$MSTO - weekly high was $0.35" with no substance so what is this referring too? $MSTO is currently $.001 as you are aware and therefore what or where is the relevance?? Thanks for the help.
0.001 0.00 (0.00%) Volume: 2,892,041
MSTO
Masterbeat Corporation (PK)
Day Range: 0.0009 - 0.001
Bid: 0.0008
Ask: 0.0011
Last Trade Time: 3:57:16 PM EDT
Total Trades: 24
0.001 0.00 (0.00%) Volume: 1,670,174
MSTO
Masterbeat Corporation (PK)
Day Range: 0.0009 - 0.0011
Bid: 0.0009
Ask: 0.001
Last Trade Time: 3:59:19 PM EDT
Total Trades: 11
$MSTO no news from CEO Josh yet on any of the items posted for his review. Would be nice to see the Navarre hit escrow and Santa Rosa move forward.
The $MSTO revs do seem to be undervalued based on the hopeful Q3 filings and beyond. CEO Josh has some leg work to do to help straighten up the recent Qs as they are disjointed. As noted we did check on the properties and they are still status quo. There is some concern on the Navarre market softening as the $3+ Mils have not sold in the area and they have been on the MLS for a while now except the one new listing. We have the "only" pre-COC property for sale all the rest are cash and carry ready. Fingers still crossed on this the numbers pan out and in the meantime he chases down an attorney.
0.001 0.00 (0.00%) Volume: 5,079,110
MSTO
Masterbeat Corporation (PK)
Day Range: 0.0009 - 0.001
Bid: 0.0009
Ask: 0.0011
Last Trade Time: 3:59:37 PM EDT
Total Trades: 19
$MSTO Historical Short Volume Data - The short interest data reflects aggregate short positions held by market participants at a specific moment in time on two discrete days each month, while the Daily Short Sale Volume reflects the aggregate volume of trades executed and reported as short sales on each trade date.
0.001 -0.0001 (-9.09%) Volume: 4,880,300
MSTO
Masterbeat Corporation (PK)
Day Range: 0.001 - 0.0011
Bid: 0.0009
Ask: 0.001
Last Trade Time: 3:32:17 PM EDT
Total Trades: 26
Thanks for the $MSTO info on the recent tweet as the forum had already heard the news posted #10037 nonetheless good new is good news and it is a welcomed sight. We hope the auditors will question CEO Josh about the lack of clarity and details related to the SBQ and JTec operations. At this point it appears the JTec garage has gone off the map. In the midst of that they lost 4 cars somewhere along the way and no word on the others. In addition perhaps the auditors will clarify the purpose and use of the $230k in covid funding $MSTO received as well.
At the noon hour $MSTO trading shows little dollar volume on $1,149 VWAP $0.001013 Market Cap $1.19M Float 565.46M Shares in Issue 1.08B Short Interest 31.50k CEO Josh is gonna have to make some Q2 adjustments for the REG A shares listed below the stated minimum share price in the offering. Navarre pre COC property still open for sale.
We think $MSTO CEO Josh got a little to tricky about the issuance classification to make it look like he was getting action on the Reg securities but didn't realize he had already set a baseline for the offering. It would be nice if he slowed down a bit and thought this process thru -
The change in offering price is still not reflective of the recent Q2 filing indicating Reg stock at .0001 instead of .001 ~~ oops looks like $MSTO CEO Josh gonna have to reclassify the stock giveaway from Reg A Exemption to 4A1 Exemption instead. Must be a typo as he wouldn't want to get the troops all worked up... oh maybe we overlooked a loop hole?
0.0011 0.0002 (22.22%) Volume: 42,566,438
MSTO
Masterbeat Corporation (PK)
Day Range: 0.0008 - 0.0011
Bid: 0.001
Ask: 0.0011
Last Trade Time: 2:46:15 PM EDT
Total Trades: 106
$MSTO Anybody know where the $230K Covid money went or what it was used for? We see it as a line item and then it's gone.
0.0009 -0.0001 (-10.00%) Volume: 5,409,478
MSTO
Masterbeat Corporation (PK)
Day Range: 0.0009 - 0.001
Bid: 0.0009
Ask: 0.001
Last Trade Time: 3:19:05 PM EDT
Total Trades: 14
$MSTO The company has filed a Semi-Annual Report Pursuant to Regulation A (1-SA) to cover fiscal year thru June 2022. The semi-annual reports on Form 1-SA must provide disclosure covering the first six months of the issuer's fiscal year, and must be filed within 90 calendar days after the end of the period covered by the report. You can review the report here: https://www.otcmarkets.com/filing/html?id=16024134&guid=4i1-k6FNp6NeJth
Yes you are correct in one aspect of the debt conversion at .0001 which has consistently diluted $MSTO retail share value. Keep in mind this tactic while some would argue is OTC norms both CEO Josh and RSO Eric have been hustling this type of approach since 2015 and earlier pre $MSTO. You can do your own DD and chase down that relationship fairly easy. (Search September 29, 2015 Eco Processing, LLC 64 Oak Street Milford, NY 03055 Attention: Joshua Tannariello)
There are some who would suggest revenues are the only measurable value in the OTC and while we do partially agree with that - retail sentiment remains a priority. If you follow the debt conversion road an important element of the cycle is the ability to generate trader volume which provides share sale opportunities for insiders. We have suspected all along CEO Josh gets money for shares at .0001 from RSO Eric then he sells into the market at a cost to the retail trader. Yes while difficult to prove it doesn't take a rocket scientist to figure how the money flow circulates and that is RSO Eric gives money CEO Josh sells cheap shares RSO Eric sells into the market diluting share value. Do not be swayed by the comments and antics of CEO Josh suggesting all these projects and debt rests solely on his back - that is fair from the truth. We have even fostered a hypothesis that those shares sold into the retail market are then split between the two. That will be fleshed out in time...
The bottom line as we see it is CEO Josh will continue to encumber $MSTO with off market shares thru RSO Eric against the investments of the retail trader. If there are no retail traders then the revolving door stops. There is value in this company with respect to the RE COC projects. We have suggested $MSTO will get just a snippet of the proceeds while in the meantime the stock is pumped and some will get a little cash back but we will see Q3.
Finally there are some who will throw darts and/or tell you to sell over you reviewing the Qs and making your own subjective opinions - brush it off and stay focused. Happy trading.
Yes overall we agree. The reason we posted the property comparisons for Navarre is so people can understand the time it is taking for similar properties to move in the area and as such, there will probably not be any RE news until it hits escrow or the Santa Rosa properties get removed from the hold. The listing price is fairly comparable to the one next to it and $MSTO CEO Josh has some room to lower the price as that market area continues to soften.
Once the RE settlement for Q3 comes out then we will see how the funds distribution was handled as we previously suggested. Then there will be a long wait on future revenue pending the COC completion schedule.
There is no word from JTec John or anywhere in the Q related to the auto builds and online sales. We would like to see CEO Josh move away from those garage builds and focus on the RE task at hand.
0.001 -0.0001 (-9.09%) Volume: 14,448,207
MSTO
Masterbeat Corporation (PK)
Day Range: 0.0009 - 0.0011
Bid: 0.0009
Ask: 0.0011
Last Trade Time: 3:57:42 PM EDT
Total Trades: 41
Here are the current listings on the same street as $MSTO property in Navarre for price comparison and time on the market. Some are on the beach side of the street and not noted. The first listing is the $MSTO property.
$3,750,000 Est. 8 bed 8.5 bath 4,600sqft 4,600 square feet 0.32acre lot 0.32 acre lot 7944 Gulf Blvd, Navarre, FL 32566 Property Type Single Family Time on realtor.com 78 Days Price per sqftPrice per square feet $815 Year Built 2023
$3,350,000 Est. 8 bed 8.5+ bath 4,638sqft 4,638 square feet 0.29acre lot 0.29 acre lot 7854 Gulf Blvd, Navarre Beach, FL 32566 Property Type Single Family Time on realtor.com 37 Days Price per sqftPrice per square feet $722 Year Built 2023
$3,295,000 Est. 4 bed 3.5 bath 3,777sqft 3,777 square feet 0.3acre lot 0.3 acre lot 7991 Gulf Blvd, Navarre, FL 32566 Property Type Single Family Time on realtor.com 3 Days Price per sqftPrice per square feet $872 Year Built 1996
$3,950,000 Est. 4 bed 3.5 bath 2,980sqft 2,980 square feet 0.3acre lot 0.3 acre lot 8129 Gulf Blvd, Navarre, FL 32566 Property Type Single Family Time on realtor.com 1170 Days Price per sqftPrice per square feet $1326 Garage 4 cars Year Built 2003
$4,200,000 Est. 4 bed 4 bath 3,053sqft 3,053 square feet 6,098sqft lot 6,098 square foot lot 7797 Gulf Blvd, Navarre, FL 32566 Property Type Single Family Time on realtor.com 52 Days Price per sqftPrice per square feet $1376 Garage 4 cars Year Built 2019
$3,300,000 Est. 4 bed 3.5 bath 3,335sqft 3,335 square feet 0.29acre lot 0.29 acre lot 7485 Gulf Blvd, Navarre, FL 32566 Property Type Single Family Time on realtor.com 137 Days Price per sqftPrice per square feet $990 Year Built 2000
Yes we are hopeful the builds will continue for $MSTO but right now Santa Rosa is on hold and the Navarre property is still on the listing.
As with respect to CEO Josh managing the company let us put it in context with RSO Eric who has received almost a Billion shares over the lifetime of their relationship for $.0001 or there about. The return cash investment for those shares has not been equitable for the retail trader and yes one can argue that is the OTC but they would be missing this point here.
In addition, with just a little bit of DD one would notice RSO Eric has plenty of SEC OTC experience to guide CEO Josh along although we find it less than helpful. If one is hopeful CEO Josh is going to figure this out on his own then $MSTO is really in for a hard time beyond its' fate now.
Some people on the forum have suggested RSO Eric dealings with CEO Josh was a thing of the past - but that is far from being the case as evident in the recent Q2 filings. Until CEO Josh sits down and looks over his business plan which was never posted and considers his fiduciary role $MSTO will continue down this weary path.
Yes, there are many issues beyond RSO Eric that need to be addressed as pointed out in other posts, but as long as this toxic note holder stays in the picture then all you will see is cheap shares being flooded in the retail market.
We hope CEO Josh will remain diligent as he proposed the "Company plans to purchase numerous land parcels this year, and build its in-demand vacation style homes, to achieve its target of generating over $40,000,000 ($40 Million) in revenues with over $20,000,000 ($20 Million) in profit.
This 5th property will be a 3rd design out of the 3 architectural designs SBQ has in its portfolio. This custom 5,500 sq. ft. vacation style home will feature 4 stories 9 bedrooms, 9 bathrooms, a rooftop deck, a short walk to the beach, an elevator, a 16-person hot tub, fire pit, professional putting green and will sleep up to 32 people. The land parcel for this luxury beach vacation home is a 10,000 sq ft lot located on a cul-de-sac.
This year is going to be an aggressive acquisition year for SBQ, which has secured traditional construction financing from Builder's Capital for SBQ's Vacation Rental properties. The Company acquired this land asset for $450,000, which satisfies its equity requirements to secure the construction loan to complete the build. After discussions with its real estate agent and based on SBQ's historical sales numbers, the Company anticipates this property will sell, even before completion, for $4.5 to $5 Million, with an all-in cost of approximately $1.95 Million.
"As stated in prior press releases, we fully intend to acquire an additional 10 land parcels in 2022 on the Florida Panhandle, with this being the first of those 10 properties, which are in addition to the properties we already have in our portfolio. These 10 properties will give us the potential to generate over $40 Million in revenue with over $20 Million in profit, without factoring in anticipated market nor asset appreciation, or properties already within our portfolio," stated Josh Tannariello, CEO of Masterbeat Corp. "We have been stating, and proving, that with every $500,000 to $600,000 in raw land purchases, SBQ can add $4 Million plus in asset value to the books with the potential of $2 Million plus in profits."
Odd - $MSTO CEO Josh has RSO Eric who is well versed in SEC protocol. If something at this level is not getting done then it is with purpose. Keep in mind the 2 builds are on hold and the pre-COC Navarre is still sitting on the market for the past 2 months.