Masterbeat Corp (MSTO)

[Dr Blunt]

$MSTO you do understand what's up

Toxic lender Registered SO
2019 25Mil +
2020 300Mil
2021 Q1 118Mil
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445Mil Approx @ .001

The OS you can see below. At this rate CEO Josh is gonna drain the OS. We have said on many occasions to Josh this is a dead end approach for the stockholders. Instead, he should have paid the lender out of the gate. Then pursued RE low end flips with cash balance if his interest was to chase RE. Understood he couldn't secure his money with the high end rental (wrong market for him to be in). Sought out stakeholders (many available who are stockholders). Secured a COO who knows the classic / restomod business model, understands web design & marketing, and RE. Instead for every mistake he has made he runs to the toxic lender for a bailout while maintaining the increasing debt.

Again, we are willing to give him props on the plus side but until he realizes there is a difference between a hammer & nail company and running a public business accountable to the owners (stockholders) he's gonna get an earful. Generally, we remain quiet on this forum with little input. However, once in awhile especially when the Qs come out it stirs the dust. I would guess we have been on the $MSTO train just about longer than anyone here and although that doesn't mean much we do have a lot of history.

CEO Josh needs to stop bleeding the stockholders by not giving away the OS for chump change. In addition, he needs to stop artificially pumping with the vague PRs. Third, where are the pics of the car progress beyond the paint job. Fourth, show us the property status for the new build. When he says escrow closed on Xdate but it's another week when it really did be upfront and transparent. In the past he has said he closed on this or that RE deal but that never happened.

Treat the stockholders with respect - we are the ones putting our hard earned cash into the company. Just our 2 cents IF we ever get there again.