The $MSTO 1Z exit form. It is a standard exit form used to close out the REG A filing.
Issuer: Masterbeat Corp.
Securities offered:
A maximum of 1,000,000,000 shares of our common stock, par value $0.0001 (“Common Stock”) at an offering price of $0.0005 to $0.01 per share (the “Offered Shares”). (See “Distribution.”), for a total offering of $10,000,000.00- Then corrected to read: The offering price will be $0.001. The end date of the offering will be exactly 365 days from the date the Offering Circular is qualified by the SEC (unless extended by the Company, in its own discretion, for up to another 90 days).
On Feb 13, 2023 we sent CEO Josh a reminder - although he probably already knew he had to file the 1Z Exit form to close the REG A offering and disclose the proceeds. He has done that filing as of today. It doesn't say who gave him the money for the shares as that will show on the Q filing. However he used some of the funds to pay the attorney for the REG A filing and the auditor (past or current fees who knows... ).
The portion of aggregate sales attributable to securities sold on behalf of selling security holders: $ 350000.00
Fees in connection with this offering and names of service providers.
Underwriters - Name of Service Provider Underwriters - Fees $
Sales Commissions - Name of Service Provider Sales Commissions - Fee
$
Finders' Fees - Name of Service Provider Finders' Fees - Fees $
Accounting or Audit - Name of Service Provider
Malone Bailey Accounting or Audit - Fees $ 50000.00
Legal - Name of Service Provider Donnel Saurez Legal - Fees $ 40000.00
Promoters - Name of Service Provider Promoters - Fees $
Blue Sky Compliance - Name of Service Provider N/A
Blue Sky Compliance - Fees $ 2500.00
CRD Number of any broker or dealer listed
Net proceeds to the issuer $ 257500.00
