Masterbeat Corp (MSTO)

[Dr Blunt]

Keep in mind when you see the $MSTO ask offers on the bottom end ~ where are all of those shares coming from... it's the insiders or the MMs. No retail that we can see has had an opportunity to accumulate shares at this level with the expectation of a 2-3 tick swing for a flip (opinion). We suspect CEO Josh is waiting on the COC final inspections, buyer walk-thru, funds distribution to the 50/50 LLC, finalization from the state of the LLC to C Corp, and funds distribution between the C Corp and $MSTO balance sheet. After this settles one could imagine the final plans on the other two sequential builds. We would suggest CEO Josh issue 3 PRs: one on the current closing highlighting the proof of concept, second PR on the next two residential builds and time frame, and 3rd the pie in the sky 100M apt bldg build. In addition we suspect the Reg 1A has been a learning lesson for funds acquisition since he set a precedent with the previous toxic lender RSO Eric who still has his sticky fingers in the cookie jar. Nonetheless, let's hope the hurricanes push eastward and keep the sand dry on our turf.