Masterbeat Corp (MSTO)

[Dr Blunt]

$MSTO yes that sounds right

I suggested he sell the income property then pay the noteholder. The company would be debt free and then start to build the connections he says he has. The banks would look at his clean slate as well.

The CEO saying he needs income vs debt doesn't jive as banks look at debt to income ratio. He has debt (the noteholder) sucking the life out of the company for a boatload of basically free stock.

All of this has fallen on deaf ears -- as he still thinks this is a hammer and nail company. We will see ...