Masterbeat Corp (MSTO)

[Dr Blunt]

...with respect to the Reg 1A we did receive some brokerage insight in that the general process is: The potential buyer negotiates with MSTO CEO Josh after submitting his/her/their financials to determine their qualification to bid on the 1A shares (10% above net). CEO Josh determines that bid price, there is some hand shaking and review. Money is then transferred to MSTO bank. CEO Josh issues common shares to the Transfer Agent (T/A) then the trading platform gets the shares from the T/A and it is deposited into your trading account.

However, before buying ~ the Business Trading Desk (BTD) folks determine the risks involved with the offering, the fees and advise you. This whole process seems cumbersome at the very least. Why not do a RSO Eric move, give CEO Josh hard cash at the .0001 it sits unrestricted and you unload at .0025 without meeting all the what ifs on the Reg 1A.

Anyway, the BTD at TDA seemed uninformed of the Reg 1A they said it was too new for them to commit to any fee / transaction price without reviewing the progress of the filing and potential share distribution.