Masterbeat Corp (MSTO)

[Dr Blunt]

Yes, agreed and doubt the R/S as there's little value for the company to chase an upper tier at this point. CEO Josh still needs to flesh out and prove his RE business model plus get some distance between his stock giveaway to RSO Eric while drumming up 1A investors at the same .0001 pps except with some extra strings attached.

As we see nearly 85% of the previous 850M was gone.

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.

The company was authorized to issue 850,000,000 shares of $0.0001 par value common stock. During the twelve months ended December 31, 2019, the company has issued 25,900,000 new shares for the conversion of $25,900 in principal and interest on convertible debt bringing the total outstanding shares to 70,793,815.

During the twelve months ended December 31, 2020, the company has issued 299,500,000 new shares for the conversion of $261,650 in principal and interest on the convertible debt bringing the total outstanding shares to 370,293,815.

During the twelve months ended December 31, 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.

We doubt there will be movement for 1A funding as previously noted. Daily is dismal pending April build results. In addition there wasn't much interest in the recent Q4 and 2021 Annual filings as well. We are patiently waiting on the RE build. We have unfortunately seen CEO Josh falter in the past on escrow deals so we trust he has learned some valuable lessons.

While each has their own trading strategy this retail pps seems to be an accumulation opportunity.

Annual report is here: https://www.otcmarkets.com/otcapi/company/financial-report/320381/content