Wednesday, March 16, 2022 9:31:27 AM
On January 13 th, 2021, MasterBeat released a corporate update and provided
On December 15 th, 2021, the company filed a REG A Offering to raise up to $10 million dollars .
On April of 2021, SBQ Holdings LLC . accepted an offer of $1.4Million Dollars for ‘the Verano Palace ". The property had generated over $200k in revenues, was self-sustaining and profitable.
In 2021 SBQ announced it had acquired 4 parcels of land in the Florida Panhandle , which has been rated the #1 location on the United States for short term vacation property investments.
On March 23rd, 2021 , MSTO announced it had acquired a parcel of land in Santa Rosa Fl for $400,000 and planned to begin construction on a 5000 sq foot vacation property with a build cost of approximately $1,400,000 million dollars . All in cost approximately $1.8M . Our actual cost was $1.85 a $500k overrun. (SOLD FOR $4.25M )
On January 4 th, 2022, announce it has sold its 183 Rolling Dunes, Santa Rosa Beach, Florida beach property for $4.25 Million ( $4,250,000 ). The land acquisition and construction costs for this property are $1.85 Million ( $1,850,000 ) which realizes a $2.4 Million ( $2,400,000 ) gross profit for the Company.
On June 07th, 2021 SBQ announced that, on June 3, 2021 , it purchased a tract of land in Navarre, Florida for $365,000 and would be building another upscale Beach Vacation Home utilizing traditional financing.
On July 13th, 2021 , SBQ announced that it had purchased two additional properties in Santa Rosa Beach, Florida , for a total of four parcels of land, to build another large upscale Beach Vacation Style Home.
SOURCE: MasterBeat Corporation
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