Masterbeat Corp (MSTO)

[Dr Blunt]

A note on $MSTO just for clarity on our behalf

Under the current Q3 filing note 8 last paragraph CEO Josh stated: During the nine months ended September 30, 2021, the company has issued 353,067,200 new shares for the conversion of $35,306 in principal and interest on the convertible debt bringing the total outstanding shares to 723,361,015

... this is a conversion rate of $.0001 that is a 3000% discount while not key in this dialog it is a benchmark we use when evaluating debt write off, spend rate, future conversion, and assumption of new debt.

So as to not get side tracked: IF Eric were to do a slow burn of let's say: 5M a day at the current PPS .003 = $15k profit for that one transaction. Now divide the 723M / 5M a day = 145 trading days of burn. While it would be conceivable he could in fact do it the more likely scenario as a 3-5M burn rate 2-3 times per week.

Thus, Eric could loan back $45k or a portion thereof (15M burn over 5 days) each week and then have CEO Josh payoff with stock. Now you do bring up a valid point of a slow OS increase per Q. However, we see a way around this for CEO Josh because he now owns 30% of SBQ the real estate division in a move to protect his unprotected RE investment. On another Q filing he never stated who owned part of SBQ nor the percentage until the shareholders called it to his attention.

So we see Eric feeding CEO Josh as we incur more debt on the books and while CEO Josh takes out loans against the company with no debt repayment. More on this another time.

In the end - CEO Josh is running the public company like the private hammer and nail company he has on the side. Where this will all end up we have some clues but for now are holding it close to the vest.

Hope some of this helps out a little...