$MSTO PR Announces 3rd Year Audit Complete
MIRAMAR BEACH, FL / ACCESSWIRE / September 1, 2021 / MasterBeat Corporation (OTC PINK:MSTO), together with its subsidiary, SBQ Holdings, LLC and automotive division, JTEC Automotive, Inc. , specializing in hard, tangible asset acquisitions with an intense focus on real estate, collectible classic automobiles, new & used auto parts and other tangible assets is pleased to announce Malone Bailey, LLP has completed the audit of the company's consolidated financial statements as of December 31, 2020 , including the consolidated balance sheets and statements of income, changes in stockholders' equity, and cash flows for fiscal year 2020, and the related notes to the consolidated financial statements.
On March 11, 2020 , the Company announced the retention of "Award Winning Certified Public Accounting Firm, Malone Bailey, LLP ." The Company appointed Malone Bailey, LLP ("Malone Bailey") to conduct an audit of the Company's consolidated financial statements and effectiveness of its internal controls for the fiscal years ended December 31, 2018 , 2019 and 2020. The audits for fiscal years 2018 and 2019 were completed in December 2020 .
The completed 2020 audit, by Malone Bailey, adds immense and immediate credibility and value to the Company and its shareholders. The Company's audit of its consolidated financial statements opens a wide spectrum of growth opportunities with regards to acquisitions, funding and traditional financing. The Company will continue to work closely with Malone Bailey for the foreseeable future.
"We are pleased our company now has three years of audited financials that further proves our track record with our vacation rentals and our restoration of classic cars. With our pilot projects complete and three full years of audited financials, our plan to obtain considerable credit with traditional lenders is now achievable," stated Josh Tannariello , CEO of MasterBeat Corp. "Our vision to build SBQ into a Nasdaq like dividend yielding company is becoming reality. This is a giant milestone for our company and all of our shareholders."
