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Re: agent50 post# 4544

Saturday, 12/22/2012 5:30:17 PM

Saturday, December 22, 2012 5:30:17 PM

Post# of 4570
The Karaoke machine IS the only reason why I bought hundreds of thousands of shares MBST...The only stumbling block they said they had was getting the OK from the music companies to be able to legally use their music...The impression I got was it would only take a few months to get everything in order..They had signed a deal
with Apple Industries for "Potential to Distribute Over 1,000 Karaoke Vending Units in First 12 Months".........THAT fizzled out for some reason..I called Apple Industries and asked about buying/renting/leasing a couple of the Karaoke machines...The guy said that deal was in limbo because of "legal problems"....I wish I knew WTF happened to those machines..It sounded like a real moneymaker to me....I think I have $5-6,000 invested in MBST..It's now worth about $62.00 at best....Again, I wish somebody would explain WTF happened to the original business plan..Why did it fail and why hasn't any Karaoke machines hit the market...It was a Great invention..

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