Masterbeat Corp (MSTO)

[Dr Blunt]

$MSTO LLC vs C Corp

A limited liability company (LLC) cannot issue shares of stock. An LLC is a business entity structured to have either a single or multiple owners, who are referred to as the LLC's members. Thus, the main difference between an LLC and a corporation is that an llc is owned by one or more individuals, and a corporation is owned by its shareholders. Therefore, in order for CEO Josh to issue "dividends" per sec to those involved in SBQ (as we have seen another LLC owns 50% of the current build property) he would want to change the business entity to a Corp. While the news is "dividend" based the reality is this is not related to the MSTO stockholders. Again, we are talking about the dividends.