Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
0.00205 -0.00005 (-2.38%) Volume: 24,790,237
Masterbeat Corporation $MSTO
0.00205 -0.00005 (-2.38%)
Volume: 24,790,237 @04/01/22 3:55:40 PM EDT
Bid Ask Day's Range
0.002 0.0021 0.0019 - 0.0021
0.0021 0.0002 (10.53%) Volume: 291,322,224
Masterbeat Corporation $MSTO
0.0021 0.0002 (10.53%)
Volume: 291,322,224 @03/31/22 3:59:31 PM EDT
Bid Ask Day's Range
0.0019 0.0021 0.0019 - 0.00275
$MSTO CEO Josh Compensation and Benefit Package (Summarized). CEO Josh has written his own payroll and compensation benefit package without oversight. These are the highlights taken from various published documents.
Summary:
2,000,000,000 (2 Billion common shares - converted with controlling voting rights)
30% profit from SBQ Example: March 18, 2022: The land acquisition and construction costs for this property are $1.85 Million ($1,850,000) which realizes a $2.4 Million ($2,400,000) gross profit. = $720,000 to CEO Josh for this sale.
5,000,000 common shares at employment inception
$180,000 annual salary up to $540,000 based on company profits
$1 per share liquidation would mean in the likely of a bankruptcy common shareholders would not receive compensation
4 Weeks Paid Vacation plus benefits (medical, dental, travel, etc.)
We have not included income bonus from the Reg 1A since the distribution is vague
Details:
20,000,000 Preferred Series A Stock are granted 100 common shares votes for each share of Preferred Series A Stock held = 2,000,000,000 (2 Billion common)
Masterbeat Corporation owns 70% of its subsidiary SBQ, LLC. The remaining 30% is owned by its current Chief Executive Officer.
Each share of convertible Preferred Series A Stock is convertible into 10 shares of common stock, has 100 votes, has no dividend rights except as may be declared by the Board of Directors, and has a liquidation preference of $1.00 per share.
The Employee agrees that the Fixed Annual Compensation may be accrued at the discretion of the Company.
180,000.00 per annum at such times and in such amounts as the Company may designate in accordance with the Company's usual salary practices, but in no event less than twice monthly.
If annual revenues exceed $10,000,000.00, 360,000.00 per annum at such times and in such amounts as the Company may designate in accordance with the Company's usual salary practices, but in no event less than twice monthly.
If annual revenues exceed $20,000,000.00, 540,000.00 per annum at such times and in such amounts as the Company may designate in accordance with the Company's usual salary practices, but in no event less than twice monthly.
The Company shall grant to Employee Ten Million (10,000,000) shares of the Company's Common stock upon the effective date of this agreement.
Employee shall be entitled to an aggregate of four (4) weeks of paid vacation during each year of the Contract Year.
Employee shall be entitled to reimbursement of all business expenses for which Employee makes a submission for and provides an adequate accounting to the Company beginning on the effective date of this Agreement. Employee shall be entitled to cash reimbursement for expense items, including extended travel. Employee shall be entitled to cash or stock reimbursement for ordinary expenses, including phone and local travel, as approved in advance by the Board. Such reimbursement of business expenses shall be payable to Employee at the end of each calendar month for the business expenses incurred by the Employee for the month prior for each specific submission for reimbursement during the Term of this Agreement,
Employee shall be entitled to participate in any profit-sharing, pension, health, sick leave, holidays, personal days, insurance or other plans, benefits or policies (not duplicative of the benefits provided hereunder) available to the employees of the Company or its Affiliates on the terms generally applicable to such employees.
During the Term of this agreement, Employee shall be entitled to the protection of any insurance policies the Company or any of its Affiliates may elect to maintain generally for the benefit of its directors and officers against all costs, charges and expenses whatsoever incurred or sustained by Employee in connection with any action, suit or proceeding to which Employee may be made a party by reason of Employee being or having been a director or officer of the Company or any of its Affiliates or Employee serving or having served any other enterprises as a director, officer or employee at the request of the Company. In the event the Company elects to maintain such directors and officers liability insurance, the policy shall be issued by a reputable and financially-sound insurance carrier of national standing which is acceptable to Employee, and providing coverage in the amount of at least $1,500,000.
In the event that the Company, with the approval of the Board of Directors, elects to establish a Medical Insurance Benefit Plan for the benefit of the Company's employment staff, Employee shall be entitled to participate in such plan which shall include comprehensive medical and dental insurance (from a reputable and financially-sound insurance carrier of national standing) for himself and his immediate family. Such insurance shall cover at the minimum 100% of all hospitalization costs after payment of deductibles and 80% of other medical costs, with the annual deductible not exceeding $500 per person. There shall be no cap on benefits for the medical insurance, and the annual cap for dental insurance benefits shall not be less than $3,000. The Company may either provide these benefits directly to Employee or promptly reimburse Employee for the cost of such benefits, at the Company's election.
Reg 1A Offering Expiration $MSTO UP TO $10,000,000
UP TO 1,000,000,000 SHARES OF COMMON STOCK
Masterbeat Corp., a Delaware corporation (the “Company,” “Masterbeat,” “we,” “us,” and “our”), is offering up to 1,000,000,000 shares (“Shares”) of its common stock, par value of $0.0001 per share (“Common Stock”) on a “best efforts” basis without any minimum offering amount pursuant to Regulation A promulgated under the Securities Act of 1933, as amended (the “Securities Act”), for Tier 2 offerings (the “Offering”). The offering price per share of Common Stock will be priced at $0.001 per share upon qualification of the Offering Statement of which this Offering Circular is a part by the United States Securities and Exchange Commission (“SEC”). See “SECURITIES BEING OFFERED” of this Offering Circular for more information.
This is a public offering of up to $10,000,000 in shares of Common Stock of Masterbeat Corp. at a price of $0.001.
The offering price will be $0.001. The end date of the offering will be exactly 365 days from the date the Offering Circular is qualified by the SEC (unless extended by the Company, in its own discretion, for up to another 90 days).
$MSTO pleased to announce that it will be incorporating 3D Printing Technology
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 that it will be incorporating 3D Printing Technology into its Real Estate operations to help address the massive demand for affordable housing here in the United States . It is estimated that 7 million affordable homes are currently needed in the U.S.
The Company has been in discussions with a leading 3D printing construction company, Apis Cor, (www.apis-cor.com) since 2019 to acquire 3-D printers and/or partner with them to address the ever-rising demand for affordable housing. The Company plans to build these homes, many in partnership with local municipalities, to provide major cities with a fast, cost-efficient way to provide low-income housing and address the homelessness that plagues many major cities.
The National Low Income Housing Coalition estimates a 6.8-million-unit shortfall of affordable, low-income rental units in the U.S. At the industry's current construction pace of low-income housing, approximately 110,000 units per year are being completed. At this rate of production, supply will never meet demand. Apis-Cor's 3D printed technology helps address specific concerns and needs in the housing industry by conserving trees/forests, cutting labor cost and reducing construction timelines by 60 to 70%. 3D Printing can build a home in weeks instead of months and its concrete based, ecofriendly, and cost efficient. One printer working an 8-hour day (very conservative) can print 50 homes per year, and the homes are inexpensive to build. New technology for the housing industry is needed now, and 3-D printing is one of the best solutions.
https://www.forbes.com/sites/forbesnonprofitcouncil/2021/09/07/there-is-no-easy-fix-for-the-affordable-housing-crisis/?sh=1934197773b7
https://archive.curbed.com/2019/5/15/18617763/affordable-housing-policy-rent-real-estate-apartment
The Biden administration offers significant resources for housing in the 2022 Budget Resolution. Most of this is focused on increasing supply by making more funds available to support the construction and preservation of affordable housing units, both multifamily and single-family homes. The Company plans to put these federal resources to work through state and municipal partnerships.
https://reports.nlihc.org/oor/florid
" The United States is facing an affordable housing crisis. Almost 7 million affordable / low-income homes are needed right now, and only 110,000 units are being built annually. Demand is far outpacing supply which provides an opportunity to utilize new technology to not only supply affordable housing, but also assist millions of hardworking people get a roof over their head," stated, Josh Tannariello , CEO of Masterbeat Corp. "It's affecting Americans across the income spectrum. The National Low Income Housing Coalition found in 2018 that a renter working 40 hours a week and earning minimum wage cannot afford a typical two-bedroom apartment without what they call being cost burdened, which is defined as spending greater than 30 % of their income."
Harvard researchers found that in 2016, nearly half of renters were cost-burdened (defined as spending 30 percent or more of their income on rent). Even some high-income earners in expensive coastal cities struggle with rent. Nearly two-thirds of renters nationwide say they can't afford to buy a home and saving for that down payment isn't going to get easier anytime soon: Home prices are rising at twice the rate of wage growth.
https://archive.curbed.com/2019/5/15/18617763/affordable-housing-policy-rent-real-estate-apartment
0.0019 -0.0003 (-13.64%) Volume: 30,565,978
Masterbeat Corporation $MSTO
0.0019 -0.0003 (-13.64%)
Volume: 30,565,978 @03/30/22 3:59:29 PM EDT
Bid Ask Day's Range
0.0019 0.002 0.0019 - 0.0022
The practical application of Reg FD $MSTO conversations.
(opinion) Discussions with CEO Josh should be done in writing (as a permanent record) and/or conversation recorded for publication. Casual phone access to CEO Josh is problematic and one he should re-think. Suggestions could include Q&A correspondence, company open conference calls, and recorded conversations recorded for public publication.
Example:
(Tweet) ### they wrote:
Hello, I directly contacted Josh last week with the phone number provided. He gave me about 45 minutes of his time and answered all my questions that he could. If you can't get ahold of him call or text the number he provided.
What is Regulation FD?
Regulation FD (for “Fair Disclosure”), promulgated by the SEC under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), prohibits companies from selectively disclosing material nonpublic information to analysts, institutional investors, and others without concurrently making widespread public disclosure. The rule reflects the view that all investors should have equal access to a company’s material disclosures at the same time. Since its enactment in 2000, Regulation FD has fundamentally reshaped the ways in which public companies conduct their conference calls, group investor meetings, and so-called “one-on-one” meetings with analysts and investors.
Why was Regulation FD adopted?
Regulation FD is intended to promote full and fair disclosure of information by issuers. The SEC adopted Regulation FD to address the selective disclosure by issuers of material nonpublic information. In its adopting release, the SEC referred to publicized reports, describing that many issuers were disclosing important nonpublic information, such as advance warnings of earnings results, to securities analysts or selected institutional investors or both, before making full disclosure of the same information to the general public. Where this had happened, the SEC observed, those who were privy to the information beforehand were able to profit or avoid a loss at the expense of those kept in the dark.
What does Regulation FD require?
Under Regulation FD, whenever a public company, or any person acting on its behalf, discloses material nonpublic information to certain enumerated persons, the company must disclose that information to the public. The timing of the required public disclosure depends on whether the selective disclosure was intentional or unintentional. Accordingly, the company must make this public disclosure (i) simultaneously, in the case of intentional disclosures, or (ii) promptly afterwards, in the case of unintentional disclosures. The public disclosure may be made through an Exchange Act filing (such as a Current Report on Form 8-K) or through any method reasonably designed to effect broad, non-exclusionary distribution of the information.
See ref: https://media2.mofo.com/documents/faqs-regulation-fd.pdf to review the complete text.
We have had a brief dialog with CEO Josh he is going to confirm the email address we have been sending our inquires too. If you have any Qs let us know. Let's see if we can get some questions answered as time permits from him. Yes they will absolutely be posted.
SBQ Holding LLC @LlcSbq $MSTO (tweet) We fully intend on utilizing our established relationships to execute our 300 unit development. Which was our initial plan before the Pandemic. One of them is the Largest Multi-Family builder in the U S. #RealEstate
https://sbqholdings.com/about-us/
$0.0022 0.0001 (4.76%) Volume: 113,859,846
Masterbeat Corporation $MSTO
$0.0022 0.0001 (4.76%)
Volume: 113,859,846 @03/29/22 4:00 PM EDT
Bid Ask Day's Range
0.0021 0.0022 0.0018 - 0.0023
$MSTO twit storm today from all over the place ... trusting some of this produces a consistent organic move.
- JTEC Corporation @CorpJtec · 44m $MSTO SBQ Holdings LLC. Evaluating Locations to Build 300-Unit Multi-Family Development with $100 Million in Revenue and Resale Potential.
- Frank Kruemmel @FrankKruemmel · 4h $msto I know this industry very well. Know what they accomplished in Santa Rosa Florida. Pulled up the permits and property information. Josh and co @masterbeatcorp are in a lucrative industry. ..and I know a lot about Josh's other business (the countertop industry (a lot)
- Morning$tar @MakedonskiRoni · 40m $MSTO Added 0020 on this update
- Penny Whale @WhalePenny · 42m $MSTO added 002. $100,000,000 in Revenue. Loading zone.
- $@Likko_G 45m $MSTO $100 Million? HUGE
- OTCardio @OTCardio · 4h $MSTO SBQ Holdings LLC According to 10k PR of 2021's twelve months revenue was : $68,158 Here is a $100M in Revenue and Resale potential Do the math.
Yes the DTC generally clears most equity transactions within 24-48 hours and since there has be an increase in $MSTO volume lately you will see the DTC shares fluctuate. However, depending on the volume you could see a 7-10 business day clearing in some cases. Keep in mind MMs, brokerages, banks, treading institutions leave their stocks at the DTC for accessibility.
Here's a brief summary of the process pulled from https://www.securitieslawyer101.com/ just to give some clarity. Hope it helps.
After the purchase of a security occurs, the second portion of the trade transaction occurs. This portion is referred to as clearing. While brokers maintain individual books recording the entire amount of buy and sell orders transacted by their clients, DTC handles clearing of these transactions.
Clearing trades involves the matching of the buy and sell orders in a security. Once the transactions are executed, details are sent to DTC, where they are recorded and matched for accuracy. After all the trades are matched for buys and sells, DTC notifies all member firms of their associated obligations, and arranges the transfer of appropriate funds and securities.
Thus, individual brokers are not dealing with one another after every trade. Instead DTC serves as an intermediary that facilitates the transfer of stocks and cash. It is important to note that DTC guarantees delivery and if the buyer or seller of the security being cleared through DTC does not deliver the purchase price or security sold, DTC fulfills the obligations of the party that did not deliver.
Unfortunately at this point in the trading session 10M shares have already dumped on what would otherwise be some good news. The volume started off running on a 2 to 1 bids but the asks quickly caught up. 16M bid sitting at 18s would drop it some more with another 5M waiting to sell. We have mentioned to CEO Josh despite all the forward thinking news we still see the 723M RSO Eric giveaway influencing the pps and we expect more will be had when the Q1 2022 reports arrive. It is a tough go for the longs.
$MSTO SBQ plans to develop multi-family 300 units
BUFORD, GA / ACCESSWIRE / March 29, 2022 / 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 that it is commencing its Multi-Family Unit strategy as part of its real estate business model. The Company is evaluating qualified potential building sites to develop its initial 300-unit multi-family asset.
Back in 2019, the Company launched SBQ Holdings, LLC to acquire, build and develop multiple types of real estate assets, including multi-family rental units. Due to the COVID-19 Pandemic and government backed rental payment abatement and eviction moratoriums, SBQ and several of its partners decided to place the multi-family segment of its business model on the back burner. Now that things are getting back to normal, SBQ has been diligently working to restart the multi-family segment to further expand and diversify its real estate model.
SBQ Holdings, LLC is currently evaluating multiple real estate market locations for its multifamily developments. This secondary element of SBQ's model will include land parcel acquisitions, similar to its vacation rental asset strategy, but for larger multi-family unit developments. SBQ will leverage its broad range of experience and relationships, of the Company and its CEO, to significantly help with the acquisition, construction, development, management, and future placement / divestment of these assets. SBQ plans to continue its focus on the Florida market due to the growth the state is experiencing. Florida is expected to have an additional 8 million people moving to the state by the year 2030 which will further increase demand for housing in an already supply-strained Florida real estate market.
SBQ's first multi-family land acquisition is being completed utilizing company funds, strategic investors and traditional bank financing. Similar to its Vacation Rentals business segment, the land acquisition will go towards the equity portion requirement to secure the construction loan. This financing model is not only scalable, but sustainable and allows responsible growth while mitigating risk.
SBQ plans to develop multi-family assets with approximately 300 units with amenities such a resort style pool, clubhouse, garages, etc. Its goal is to build, develop, lease up with the option to sell the asset to a REIT, private equity group or similar. The ideal number of units for this model divestiture is about 300 units. An all-in build cost on a project this size is estimated to be around $60M total with a future sale target in the $90-100M range. The development time is approximately 18 months once ground is broken with a 6-12 month lease up period. SBQ has willing and eager equity, financing, construction, development and management partners to start its 300-unit multi-family asset development.
The diversity of SBQ's assets, traditional, vacation rentals and multi-family developments, will help to mitigate seasonality and ensure consistent, sustainable revenue and income streams, in addition to asset appreciation. The diversification of these elements in SBQ's business model and asset portfolio, delivers comfortability and demonstrates strength for its shareholders, traditional lenders and investors.
"Now that our vacation rental business segment is off and running with proven asset development complete with revenues and significant realized gains, combined with the waning of the COVID restrictions and uncertainty, we know this is the right time to diversify our business model to include multi-family assets. Since the beginning, we intended and identified the multi-family development to be an integral part of the SBQ model," stated Mr. Tannariello , Masterbeat's CEO. "Our diversified, targeted aggressive but structured business model utilizes substantial experience, relationships, traditional bank financing and equity risk mitigation. We believe our model will create rapid, but responsible, growth and deliver value, including dividends, to our shareholders."
Well argued and appreciate the additional insights. While we agree there are extraneous trading issues related to the pps perhaps we could hypothesize on the net percentage to the company having to give up 50% out of the gate.
While we discovered this slight of hand movement (we can see no place where he ever reported it) last year we remained silent the entire time watching CEO Josh make subtle changes in share structure to his advantage were disheartening. Especially to the point as he would tweet he was risking it "all" and that was farthest from the truth. So what does MSTO/SBQ end up with? 20% and how does SBQ support the umbrella efforts of the company.
There is much more to this equation to be fleshed out. We have done extensive DD on this stock with a reliance on CEO Josh connections to the RE industry that has never come to fruition. CEO Josh has failed to accurately state the facts in the company PRs. What is surprising is for him to think nobody is going to fact check the info. Sometimes it is mind boggling. We have a handle on it and have been patiently waiting to see the final numbers on this upcoming build hopefully next month.
Further, we are surprised stockholders are not up in arms over CEO Josh tactics easily verified and then question the plausibility of his efforts. He has written his own employment agreement, has an outrageous incentive agreement for the Reg 1A, changed his equity position via the 30% SBQ subsidiary, re-wrote his Preferred A share redemption, and all the time secured his initial investment thru RE and borrowed or lent without any evidence of promissory notes and more.
We see nowhere in all the documents downloaded and read where the stockholder is protected (to some degree). Not a single place. Many here have lost 95% of their original investment while CEO Josh continues to dilute the retail investors position. $.0020 is pretty sad for this company. Yes the MMs are at work but keep in mind there are hundred of thousands of shares floating around at $.0001 that are easy pickens sold into the float.
We after all this still remain long. Not too many folks are left on the vine when we originally started. It's a good thing for many the stock was beat down as it has been a life saver having averaged into the teens. Now let's get this company moving ...
Happy Trading
Thanks for the feedback as an alternative perspective on the property ownership. We couldn't find any legal document showing there was a joint venture - if possible point us to the 04-21-21 PR/doc so we can take another poke at it.
Keep in mind CEO Josh stated: February of 2021, SBQ announced the acquisition and purchase of a parcel of land. Yet $MSTO SBQ didn't own an ounce of dirt on that land. Thus, without hashing our original post - CAMACHO MATTHEW & MICHELLE (H&W) were the sole owners of the property at 183 Rolling Dunes, Santa Rosa Beach, Florida who took title of the vacant property lot Feb 09, 2021 (last year). At that time MSTO SBQ was nowhere to be found. Granted it appears at "this point" $MSTO SBQ is 50% owner of the "land". Are we 50% owner of the build? or 100%. or 50% -minus the 30% of CEO Josh ownership in SBQ. Does that leave us with 20% net of the 50%?
Even still, while we take the position CEO Josh has been less than candid about this transaction - Not once to our recollection has he mentioned MATMICHCAM LLC nor was there any inclination otherwise. Although we have know about this transaction for some time, CEO Josh has placed the stockholders in a precarious position as we have noted on many occasions.
As exampled in releasing a gateway of unrestricted stock sold into the retail market. Changing his ownership of SBQ to a 30% take. Stating his redemption rate for his Preferred A is $1 buck (places value on his stock if BK). We are hoping CEO Josh will offer up a reasonable explanation for publishing PRs which appear to be skewed or even worse.
While 'we' in the English language tends to be all inclusive it still has limitations based on the context of the submission. Even basic 101 Gen Eds know that. He has around 4-6 weeks to finish this first build. We trust there will be very few surprises on the gross vs. net revenue. But as we see it the players are coming out of the woodwork grabbing a stake of the pie and there may not be much left on the bone for the retail investor.
Again thanks for the alternative perspective but CEO Josh has just about worn out his forward thinking spins. Happy Trading.
0.0021 0.00005 (2.44%) Volume: 53,399,598
Masterbeat Corporati (MSTO)
0.0021 0.00005 (2.44%)
Volume: 53,399,598 @03/28/22 3:45:56 PM EDT
Bid Ask Day's Range
0.0019 0.0021 0.0018 - 0.00215
$MSTO timelines and property ownership - for those of you know who have been following along - MSTO sold the 183 Rolling Dunes, Santa Rosa Beach, Florida beach property for $4.25 Million ($4,250,000). The land acquisition and construction costs for this property are $1.85 Million ($1,850,000) which realizes a $2.4 Million ($2,400,000) gross profit for the Company.
The Basics per CEO Josh PRs: (see pic 1)
(1) February of 2021, SBQ announced the acquisition and purchase of a parcel of land.
(2) July, 2021, SBQ announced that SBQ had broken ground and was going to be starting construction.
(3) December, 2021, SBQ received an all-cash offer and agreed to sell the property for the asking price of $4.25 Million.
(4) funds are in escrow until the completion of the build which is still expected to be completed in May 2022.
Timeline of Ownership: (see pic 2 & 3)
Take a look at the pics and you can see MSTO SBQ at the time of the build and thru last month did not own the property. CAMACHO MATTHEW & MICHELLE (H&W) were the sole owners of the property at 183 Rolling Dunes, Santa Rosa Beach, Florida who took title of the vacant property lot Feb 09, 2021 (last year). At that time MSTO SBQ was nowhere to be found.
If you compare the posted PR timeline to the county filings MSTO SBQ had broken ground on construction and received a full cash offer on a build we did not own. That property is owned by MATTMICHCAM HOLDINGS LLC.
Pic 3 shows a year later (this year) on Feb 09, 2022 MSTO SBQ was granted 50% ownership of the lot as the build was finishing completion. The parcel summary in pic 3 clearly indicates there is now a 50/50 split of ownership on the land. While we can't stand tipping our hand over the extensive DD - CEO Josh "slight of hand" movement gets weary.
Once you go back and sync the PRs which we have said on many occasions CEO Josh takes great liberty within the forward looking umbrellas of 27A and 21E. We have via the social platforms since that seems to be his place of encampment and asked many times for company and executive officer transparency. As you can see CEO Josh transparency is less than candid.
So what does this mean for the long termers? We still think he needs to complete the current build as a proof of concept model. Doing so will allow him to fine tune the "so called leaks" in the COCs and thin the waste and shore up the future time tables.
As noted many times before, nearly every step of the way CEO Josh has made ~ has been to protect his interest at the expense of the retail investors. We think overall there is long term value in the pps - however, it would be helpful as noted today that there is a constant check and balance from the long termers in watching the side movement in his PRs.
More on this later...
pic 1:
pic 2:
pic 3:
0.00205 -0.00005 (-2.38%) Volume: 25,218,873
Masterbeat Corporation $MSTO
0.00205 -0.00005 (-2.38%)
Volume: 25,218,873 @03/25/22 3:59:59 PM EDT
Bid Ask Day's Range
0.002 0.0021 0.002 - 0.0022
Good points let's redirect to $MSTO positions for those holding long term and accumulate if that is the individual trading style. We are going to expend too much energy looking over the giant with little power to influence them. Of course, one perhaps could instruct their platform to not place the order with CDEL but that is a shot in the foot.
Long term hold is very valuable it would be nice to query CEO Josh and attempt to keep him accountable to his shareholders. Maybe if there was more of a consolidated movement to ask him to address the items we have brought up maybe there would be more confidence in his style than there already is (opinion).
Yes CDEL as it relates to $MSTO appears to have a controlling interest in the movement of the stock especially "IF" we offer to sell. Buying and holding even if it is a HODL would have theoretical benefits to the long positions and upside of the pps. Again, as we have noted CEO Josh encumbered our position with cash for stock transactions to RSO Eric who at one time owned the majority of the AS/OS. This is one of our Qs to CEO Josh in asking is he protecting the interest of the shareholders we mean retail folks who are paying hard numbers for the stock (opinion) in those transactions.
FYI: https://www.citadelsecurities.com/products/equities-and-options/
Equities & Options
Citadel Securities is a leading market maker to the world’s institutions and broker-dealer firms. Our automated equities platform trades over 25% of U.S. equities volume1 across more than 11,000 U.S.-listed securities and trades over 16,000 OTC securities. We execute approximately 35% of all U.S.-listed retail volume, making us the industry’s top wholesale market maker2.
Citadel Securities acts as a specialist or market maker in more than 4,000 U.S. listed-options names, representing 99% of traded volume3, and ranks as a top liquidity provider on the major U.S. options exchanges.
HOW WE DO IT
Our trading technologies seamlessly connect broker-dealers to our liquidity ecosystem. These systems in turn are continuously upgraded through sophisticated research and rapid development with the goal of setting the industry standard for fast, reliable execution in most market conditions. To maximize trading opportunities for clients, our automated trading platform sources liquidity from all U.S. exchanges and more than 18 alternative liquidity venues.
Clarification on the $MSTO Reg 1A offering restrictions as noted by the SEC: Holding Period. Before you may sell any restricted securities in the marketplace, you must hold them for a certain period of time. If the company that issued the securities is a “reporting company” in that it is subject to the reporting requirements of the Securities Exchange Act of 1934, then you must hold the securities for at least six months. If the issuer of the securities is not subject to the reporting requirements, then you must hold the securities for at least one year. The relevant holding period begins when the securities were bought and fully paid for. The holding period only applies to restricted securities. Because securities acquired in the public market are not restricted, there is no holding period for an affiliate who purchases securities of the issuer in the marketplace. But the resale of an affiliate's shares as control securities is subject to the other conditions of the rule.
With respect to $MSTO and CDEL yes we have read countless reports on their handling of stock trading. Today $MSTO sat idle for nearly 45 mins with 10 trades remaining open in the queue while CDEL was selling into itself. Thus, of course no movement. We will continue to watch the DTC accumulation.
If it is related to the article and understanding the transference of shares as in the case of $MSTO that was not our suggestion but to rather hold after purchase to exhaust the available float influencing the position of the MMs. Again, we do not offer trading suggestions but there was mention of traders selling based on position and return. We wanted to point out that may not be the case as other factors and variables could be involved. We have in the past offered up several theories on the pps movement and volume with shares outside of retail and possibly seeing the numbers crossing into DTC as evidentiary support.
It appears once again the DTC holds more $MSTO shares than the entire float.
Currently numbers indicate:
Held at DTC 820,529,715 03/24/2022
Float 565,462,515 08/17/2021
While one could argue the TA hasn't updated the float we did reach out to them some time back and they said it was current. Perhaps the OTC Markets hasn't updated their page to reflect a current date? Nonetheless, there is an older article (2005) worth reviewing that will help enlighten your views on the appearance of stock holders selling into the bid but rather than the ability for MMs to borrow from the DTC and sell into the float (retail market).
Perhaps after the short read ones perspective might change regarding who is really depressing a stock price. Current action shows CDEL selling into itself (Ask into the Bid).
Here is the article link: https://www.euromoney.com/article/b1320xkhl0443w/naked-shorting-the-curious-incident-of-the-shares-that-didnt-exist
$MSTO Reg 1A we can see no restrictions for selling the shares once acquired except with some SEC provisions that are standard.
OFFERING CIRCULAR SUPPLEMENT NO. 1 DATED FEBRUARY 9, 2022
(To the offering circular dated DECEMBER 29, 2021 and qualified on FEBRUARY 7, 2022)
EXPLANATORY NOTE
This document (the "Supplement") supplements and should be read in conjunction with the offering circular of Masterbeat Corp. (the "Company," "we," "us," or "our") dated December 29, 2021 and qualified by the Commission on February 9, 2022 ("Offering Circular").
The purpose of this Supplement is to (i) remove the preliminary offering circular legend, (ii) set the offering price for the securities offered hereby, and (iii) date this offering circular.
MASTERBEAT CORP.
5178 Stefan Ridge Way
Buford, Georgia 30519
UP TO $10,000,000
UP TO 1,000,000,000 SHARES OF COMMON STOCK
Masterbeat Corp., a Delaware corporation (the “Company,” “Masterbeat,” “we,” “us,” and “our”), is offering up to 1,000,000,000 shares (“Shares”) of its common stock, par value of $0.0001 per share (“Common Stock”) on a “best efforts” basis without any minimum offering amount pursuant to Regulation A promulgated under the Securities Act of 1933, as amended (the “Securities Act”), for Tier 2 offerings (the “Offering”). The offering price per share of Common Stock will be priced at $0.001 per share upon qualification of the Offering Statement of which this Offering Circular is a part by the United States Securities and Exchange Commission (“SEC”). See “SECURITIES BEING OFFERED” of this Offering Circular for more information.
This is a public offering of up to $10,000,000 in shares of Common Stock of Masterbeat Corp. at a price of $0.001.
The offering price will be $0.001. The end date of the offering will be exactly 365 days from the date the Offering Circular is qualified by the SEC (unless extended by the Company, in its own discretion, for up to another 90 days).
Please be advised that due to the ownership of super voting rights by our management team in the form of Preferred Shares, your voting rights as a common shareholder will be substantially limited.
These securities are speculative securities. Investment in the Company’s stock involves significant risk. You should purchase these securities only if you can afford a complete loss of your investment. See the “Risk Factors” section on page 5 of this Offering Circular.
This Preliminary Offering Circular is following the offering circular format described in Part II of Form 1-A.
No Escrow
The proceeds of this offering will not be placed into an escrow account. We will offer our Common Stock on a best efforts basis. As there is no minimum offering, upon the approval of any subscription to this Offering Circular, the Company shall immediately deposit said proceeds into the bank account of the Company and may dispose of the proceeds in accordance with the Use of Proceeds.
Subscriptions are irrevocable and the purchase price is non-refundable as expressly stated in this Offering Circular. All proceeds received by the Company from subscribers for this Offering will be available for use by the Company upon acceptance of subscriptions for the Securities by the Company.
The Company, by determination of the Board of Directors, in its sole discretion, may issue the Securities under this Offering for cash, promissory notes, services, and/or other consideration without notice to subscribers. The aggregate offering price will be based on the price at which the securities are offered for cash. Any portion of the aggregate offering price or aggregate sales attributable to cash received in a foreign currency will be translated into United States currency at a currency exchange rate in effect on, or at a reasonable time before, the date of the sale of the securities. If securities are not sold for cash, the aggregate offering price or aggregate sales will be based on the value of the consideration as established by bona fide sales of that consideration made within a reasonable time, or, in the absence of sales, on the fair value as determined by an accepted standard. Valuations of non-cash consideration will be reasonable at the time made.
$MSTO SBQ Baird Rd Property Info
Original owner bought one of the vacant lot in 11/30/1989 $18,000 held it for over 30 years. Prices have shot up.
View Parcel Report for, 04-3S-20-34020-00A-0350 04-3S-20-34020-00A-0350 Search this name SBQ HOLDINGS LLC BAIRD RD N Y LOT 35 BLK A BEACH HIGHLAND 8/12/2021
View Parcel Report for, 04-3S-20-34020-00A-0360 04-3S-20-34020-00A-0360 Search this name SBQ HOLDINGS LLC BAIRD RD N Y LOT 36 BLK A BEACH HIGHLAND 8/12/2021
TANNARIELLO JOSH
BILLING ADDRESS
SBQ HOLDINGS LLC
5178 STEFAN RIDGE WAY
BUFORD, GA 30519
Real Estate Account Number 04-3S-20-34020-00A-0350 / Geo Number 043S203402000A0350
Amount due: $976.55
Certified Values
2021 Certified Values
Building Value $0
Extra Features Value $0
Land Value $151,329
Land Agricultural Value $0
Agricultural (Market) Value $0
Just (Market) Value $151,329
Assessed Value $151,329
Exempt Value $0
Taxable Value $151,329
Maximum Save Our Homes Portability $0Certified Values
Certified Values
2021 Certified Values
Building Value $0
Extra Features Value $0
Land Value $151,329
Land Agricultural Value $0
Agricultural (Market) Value $0
Just (Market) Value $151,329
Assessed Value $151,329
Exempt Value $0
Taxable Value $151,329
Maximum Save Our Homes Portability $0Certified Values
Y 08/12/2021 $100 WD 3214opens in a new tab 2251opens in a new tab Unqualified (U) Vacant TANNARIELLO JOSH SBQ HOLDINGS LLC
N 07/02/2021 $450,000 WD 3206opens in a new tab 3815opens in a new tab Qualified (Q) Vacant ELDRED FAMILY TRUST TANNARIELLO JOSH
Y 03/06/2020 $100 WD 3142opens in a new tab 600opens in a new tab Unqualified (U) Vacant ELDRED DONALD B (W) ELDRED FAMILY TRUST (DONALD TRTE)
N 11/30/1989 $18,000 WD 635opens in a new tab 317opens in a new tab Qualified (Q) Vacant RACKSTRAW JAMES T ELDRED DONALD B
Y 08/12/2021 $100 WD 3214opens in a new tab 2251opens in a new tab Unqualified (U) Vacant TANNARIELLO JOSH SBQ HOLDINGS LLC
N 07/02/2021 $450,000 WD 3206opens in a new tab 3812opens in a new tab Qualified (Q) Vacant ELDRED FAMILY TRUST TANNARIELLO JOSH
Link: https://beacon.schneidercorp.com/Application.aspx?AppID=835&LayerID=15172&PageTypeID=3&PageID=6828&Q=569396976
SBQ Holding LLC $MSTO Funds in Escrow released in May
@LlcSbq
·
9h
Funds in Escrow released in May, Breaking Ground on 2 properties in April. Acquisition of additional properties will be announced as they happen. Thank you for your inquiry. I have seen that you have been here for awhile, I would like the opportunity to get to know the company
SBQ Holding LLC $MSTO @LlcSbq Phone
·
9h
Re: CEO Josh
Investors ....please feel free to contact me. Company ph 561 489 1503
or my direct # 603 459 9378
Let's first get you directed to an easy read resource outlet providing the basics about the DTC, its' obligations and share transactions with securities brokers, dealers, institutional investors, depository institutions, issuing and paying agents, and settling banks. Keep in mind without the DTC trading ~ on the brokerage side it would nearly be impossible in today's environment with the paper recording of the past. In addition this link is going to give you the short answer.
Start here (it's an easy read): but securities brokers, dealers, institutional investors, depository institutions, issuing and paying agents, and settling banks
0.0021 -0.00005 (-2.33%) Volume: 76,956,524
Masterbeat Corporation $MSTO
0.0021 -0.00005 (-2.33%)
Volume: 76,956,524 @03/24/22 3:59:32 PM EDT
Bid Ask Day's Range
0.002 0.0021 0.002 - 0.0025
Yes the Preferred A shares give CEO Josh voting control which is 20,000,000 x 100 (votes) = 2 Billion. So he calls all the shots for $MSTO. In addition as we have noted on many occasions he has written himself a sweet heart deal as though he might think he is taking all the risk of which we have also shown as well that is not the case.
While it doesn't take much effort for one to check our usage of "his slight of hand movement" we have refrained from specifically detailing our position partly because he has the Q filings so intertwined, vague, and ambiguous and it would take a short novel to explain it. We will however since it has been brought up recently call out a couple of items which suggest his he has been less than candid with his stockholders for obvious reasons.
As an example:
For the Period Ending: September 30, 2020
At the end of the period represented by this disclosure document, the Company is authorized to issue 25,000,000 shares of $0.001 par value Preferred Stock, of which, 20,000,000 shares of $0.001 par value convertible Preferred Series A stock are designated and issued. Holders of Preferred Series A Stock are granted 100 common shares votes for each share of Preferred Series A Stock held.
For the Period Ending: September 30, 2021
At the end of the period represented by this disclosure document, the Company is authorized to issue 25,000,000 shares of $0.001 par value Preferred Stock, of which, 20,000,000 shares of $0.0001 par value convertible Preferred Series A stock are designated and issued. Each share of convertible Preferred Series A Stock is convertible into 10 shares of common stock, has 100 votes, has no dividend rights except as may be declared by the Board of Directors, and has a liquidation preference of $1.00 per share
While it doesn't take a rocket scientists to see the difference rest assured he is not going to clarify the obvious enhancements to his benefit especially after discussing the switch of ownership on SBQ when it suddenly popped up. In addition, it might be worth reviewing his self written employment contract AND his pay bonus enhancements related to the Reg 1A.
All of this is in plain sight for the stockholders to see, we would argue many do not bother to read and compare the differences. CEO Josh is hanging with some slick cookies (butter pecan sounds good - yummy) we have known this all along. Again, to reiterate - our long term position while initially based on his management connections to the RE industry was the most attractive draw - we have been successful in averaging down to the teens and now wait on the fleshing out of the current build and forward looking PRs.
One day CEO Josh doesn't have 30% of SBQ the next he does. One day his preferred A has no liquidation preference the next day it does. Perhaps he will make his pie in the sky numbers (shown on the website) come true and if he does he will make a personal fortune and bring along many of us who have heavily loaded up for the Champaign line while listening to his chatter.
Happy Trading.
$MSTO share dilution and volume. Some have suggested in a blurp such recent share volume is a direct result of company dilution. Perhaps we may want a basic working definition for some clarity.
Share dilution happens when a company issues additional stock. Therefore, shareholders' ownership in the company is reduced, or diluted when these new shares are issued. (ref: investopedia) so in essence yes, there is an ongoing dilution in certain respects. However, if we dig deeper perhaps there is some enlightening information out there in hopes of gaining a better understanding of this movement although we would argue it is far from a Zeitgeist effect.
Example: Recently at least for a short time we have been updating the AS/OS (and thanks to some members in the forum posting the info so we can just copy it) and the shares held at the DTC.
When one compares the DTC shares it looks like this:
Held at DTC 685,529,715 03/03/2022 (beginning of the month)
Held at DTC 735,479,715 03/20/2022 (a couple of days ago)
Held at DTC 820,479,715 03/23/2022 (yesterday)
You may notice the shares held at the DTC are rising ... any thoughts as to why that might be the case. We do ~ how about you?
As of September 30, 2021, $MSTO "had three full-time and six part-time employees including officers and directors. We believe that we have been successful in attracting experienced and capable personnel. Our full-time employees have entered into an agreement with us requiring them not to compete or disclose our proprietary information. None of our employees is represented by a labor union. We believe that relations with these employees to be excellent."
Really?? CEO Josh is that the: Administrative Expenses
Let's not loose sight of the $MSTO pps fluctuations at these entry levels. CEO Josh has taken great 27A and 21E liberties throughout his tenure at the helm. Further note and suggested during the plus two years there remains a revolving door between CEO Josh and RSO Eric in dollars for shares then sold into the retail market at a steep discount the retail investor could only dream about. This has been supported nearly every quarter evidenced by the Qs as they arrive. In addition, over the recent weeks with trading near the high teens more than 100 million shares sit at or near 20 and that is cash needed for daily op expenses.
In addition, it is quite surprising not a single response was noted about the distribution of the Reg offering given in a previous example where less than 12.0% of the total funding was earmarked for RE acquisition. For some of us long termers this is just a blip on the radar screen as we patiently wait for the completion of the current build. At that point, we shall soon see the amount encumbered.
We do appreciate CEO Josh latest tweet as an indirect response to this forums dialog. Perhaps he could answer another question regarding the build: Who is the GC / company managing the current RE COC?
Happy Trading.
$MSTO Buford, GA Accesswire March 24, 2022 News: 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 has purchased its 5th parcel of land, in a high-end area of Santa Rosa Beach, Florida , for $450,000 to build another one of their beautiful vacation properties to further add to its Real Estate portfolio. As previously released, 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."
Zillow has the area appreciating at 23.2% annually over the next 12 months and there was 46.6% change over the previous 12 months. https://www.zillow.com/santa-rosa-beach-fl-32459/home-values
Josh Tannariello also remarked, "we have secured constructions loans to complete our builds using the purchased land for collateral, and any properties we can acquire for less than $600,000 sweetens the deal. All funds raised in the market are utilized to purchase land and/or secure the building loans, which adds significant asset value (5 - 10 fold) and profits to the Company. Our aggressive acquisition strategy is targeting the acquisition of an additional 10 parcels in 2022 to truly reach dividend-like yields and a new market listing."
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.
$MSTO #SBQHoldingsLLC. (tweet) Now that things are getting back to normal in the #RealEstate rental market, We have reached back out to our network of Multi-Family Investors & Builders about reinstating our initial plans of Acquiring and Developing Multi-Family Rental Properties.
The Interest from our initial reach out was very productive. It is our intention to restart our initial plans before the Pandemic hit. For those who weren't with us from the beginning, our initial plan was to utilize the existing relationships the CEO has established over years with some of the largest home builders in the United States to Acquire and Develop Multi-Family developments ranging into the 300-unit capacity. Unfortunately, COVID Pandemic hit and people no longer were obligated to pay rent. Well, that sure was a punch to the gut, a wrench in the mix; however, you want to say it. Nevertheless, investors dissipated like dew on the grass on a hot sunny morning.No one wanted to invest in rental properties when renters had no legal obligation to pay their rent. NOT A GOOD INVESTMENT! We Diversified!
Our Builders, had much on their plates to deal w with. All projects under construction stopped. Workers were sent home with no indication when things would change. This had a massive effect on our business of Rental Properties. But we are proud to say we are ALL back @ the table.
ANNOUNCEMENT COMING SOON!!
0.00215 0.00015 (7.50%) Volume: 22,041,617
Masterbeat Corporation $MSTO
0.00215 0.00015 (7.50%)
Volume: 22,041,617 @03/23/22 3:59:48 PM EDT
Bid Ask Day's Range
0.0021 0.0022 0.0019 - 0.0022
MasterBeat Corporation ( OTC: $MSTO ), a holding company in the automotive and real estate industry, tweeted their #JTEC division shall mint unique collectible digital #tokens that can be bundled with car purchases! While parts supply chain issues plague the Industry, we are seeking new potential revenue streams in #MetaverseNFT & #AutomotiveNFT https://insiderfinancial.com/the-beginners-guide-to-understanding-the-nft-art-phenomenon/183058/