Masterbeat Corp (MSTO)

[Dr Blunt]

We think it is just a few retail traders solidifying their position for the $MSTO brief bump. It's $100/M/tick ... Even after CEO Josh PR tweet on the closing it didn't really stir the pot of beans. It is the case with an out-of-state owner. Been there done that - if you're living next door you are doing a snap shot play-by-play of the build for the stockholders. Obviously that didn't happen.

In fact we had to ask what seemed like 75 times was CEO Josh an onsite COC manager. After we pointed out his res in GA he finally relented. Man what a suck way to run a public company. Again, we understand he and another unrelated partner are pushing counter tops in Florida after booting a third partner for partying. We get it.

However, watch the slight of hand movement against the slick writing PRs with the Q2 filing and judge for yourself. We have said all along he needed a vested COO to handle all this but it has fallen on deaf ears. After all when the Q2 comes out let's see whose pockets got filled and the others fleeced.

One important note at least CEO Josh will have proven his build concept regardless of how many hands are in the pot.