Masterbeat Corp (MSTO)

[Dr Blunt]

CEO Josh needs the money for the $MSTO projects - the only way he is getting that money is by giving (.0001) diluted shares to the previous toxic lender and current holder of way too many discounted shares. We have hypothesized in the past there is a circle of evolutionary dollars flowing on a budgetary basis (e.g., CEO Josh sells cheap .0001 shares to Eric, he then sells into the retail market (.0008-.0010) then proceeds are split on the back end) in which this theory has been discussed in past posts.

While we set aside the CDEL to CDEL trades they do offer liquidity into the diluted share sales. When one reads the Qs the paper trail speaks for itself. Although CEO Josh has been a slick cookie at commingling the numbers we have pointed out on many occasions that too will get sorted out thru audits and future qualified interests (although we doubt that will happen).

For now we are in an RE gap with Navarre on the market for 108 days selling into a soft market in that area with an expectation it will sit there for up to 6 months or more and the Baird project status still shows "waiting on applicant" as of this morning. The later project may take another month or two to finish the permit and application process with the county and then another 8-12 months of build time depending on internal and external factors (e.g., cash flow - COC issues / weather, etc.). We do not expect much movement (uptick of the pps) until the first two weeks of November when Q3 arrives or earlier if the Baird applications are completed and approved.