Masterbeat Corp (MSTO)

[Dr Blunt]

$MSTO somewhere in the mix we lost $55,914.00 in property management operations but from which property? Anybody know...

December 2021 NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES
GOING CONCERN
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. The Company currently has $3,711 of cash on hand, a stockholders’ deficit of $119,543 with an accumulated Deficit of $2,147,579 and current period revenues of $55,914 from property management operations. The Company cannot be certain that it will be successful in its various growth strategies.

June 2022 NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES
GOING CONCERN
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. The Company currently has $40,448 of cash on hand, a stockholders’ deficit of $555,217 with an accumulated Deficit of $2,822,059 and current period revenues of $0.00 from property management operations. The Company cannot be certain that it will be successful in its various growth strategies.