Masterbeat Corp (MSTO)

[Bubae]

Some figures from your post #9408 which I have found myself in the filings. What actually goes on behind the the SBQ veil is unknown. We do know that this CEO has carved out a very lucrative position for himself. Now they post a press release that talks about paying dividends. LOL So with his controlling interest I guess he will be able to pay himself dividends quarterly depending on what his party budget is.

Now he mentions a QB up-list effort in the future. That would signal to me a reverse split after the reg "a" to meet the minimum price requirement. I'm looking at a bit over $68K in revenue for 2021 and a bit over $12K for Q4 from playing around with ebay car parts, car builds, and whatever other hobbies he may have. I really don't get it. Traders may play around with this and its potential to pop at this valuation but it will get much closer scrutiny at a higher valuation.

Now traders may see some revenue from the real estate deal but how long has that been in the works and it doesn't represent ongoing earnings. They benefited from the crazy property valuations of the past year in Florida and there is talk of a bubble now. Interest rates are on the move and material and labor costs are out of control.

https://www.accesswire.com/696046/MasterBeat-Corporation-to-Audit-Fiscal-2021-and-Prepares-to-Up-List-and-Issue-Dividends
MasterBeat Corporation to Audit Fiscal 2021 and Prepares to Up List and Issue Dividends

...the Company is restructuring SBQ Holdings, LLC, its real estate subsidiary, from a limited liability company to a ‘C" Corporation to prepare for dividend payments and future S-1 Registration...

...MasterBeat's goals are to elevate its position in the public market, starting with an up list to the OTCQB...


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168399450

...20,000,000 Preferred Series A Stock are granted 100 common shares votes for each share of Preferred Series A Stock held = 2,000,000,000 (2 Billion common)

Masterbeat Corporation owns 70% of its subsidiary SBQ, LLC. The remaining 30% is owned by its current Chief Executive Officer.

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...