Masterbeat Corp (MSTO)

[Dr Blunt]

Yep you are right - one of the reasons we mentioned to him why he dumped his ECO LLC partner on a lock out clause and then turned around and got hooked with Eric who had the similar issues plus the RSO. Yes money waving in his face but he knew all along Eric was not going to let him ride easy one only has to look at Eric's toxic past to know better - we haven't checked his stone company in about a month or so but he mentioned one time he was devoting his full time efforts to $MSTO and we said" "doing what?"

There is not enough money on the past deal to run off. But he got caught short handed on the Baird property deal. He had hoped to build two houses but had to combine the two lots into one to try and get around the "wetlands" remediation. The county reports are very tricky and we are not sure he is savvy enough to play that game. His GC is pretty good and knows a lot of people but after the hurricane there are plenty of cash making opportunities instead of chasing down loose ends on the $MSTO county honey do list. That list is a mile long.

If we get to pink we think it will have a short run, he can gather some cash from the diluted shares and many can ride the quick but short lived wave. Let's see how it goes...