MasterBeat Corporation Corporate Update and Announcement of $210k Note Pay Off
MIRAMAR BEACH, FL / ACCESSWIRE / September 16, 2021 / MasterBeat Corporation(OTC:MSTO), together with its subsidiary, SBQ Holdings, LLC and automotive division, JTEC Automotive, Inc., specializing in hard, tangible asset acquisitions with an intense focus on real estate, collectible classic automobiles, new & used auto parts and other tangible assets is pleased to announce that we have paid off a
The company would like to give a corporate update outlining the company's direction and recent achievements. We set out to prove our model works with our short-term rental property strategy and the classic car Restoration/ Modification industry, we purchased a 1969 Pontiac Firebird and a property in Miramar Beach Florida called the Verano Palace. We profited on both.
We sold the firebird and profited
On September 1, 2021, we announced that Malone Bailey, LLP. has completed the audit of the company's consolidated financial statements as of December 31, 2020, including the consolidated balance sheets and statements of income, changes in stockholders' equity, and cash flows for fiscal year2020, and the related notes to the consolidated financial statements thus completing 3 years audited financials for 2018, 2019 and 2020.
On Feb. 04, 2021, we announced that we entered into a Joint Venture Agreement to purchase land and build a vacation property like (Verano Palace) in Santa Rosa Beach, Florida paying
On June 07, 2021, we announced the purchase of a tract of land in Navarre, Florida for
On July 13, 2021, we announced that we had purchased two additional properties in Santa Rosa Beach, Florida, for
On April 06, 2021, we announced that we had acquired a 1969 Plymouth Road Runner for a Restomod (restoration and modification) build. This Build is expected to be completed by years end 2021.On March 17, 2021, we announced that we acquired a 1968 Chevy Camaro and that we will be building it into a Pro Touring Camaro with Blow by Racing out of Boca Raton, Florida. We expect the car to be finished by summers end 2022 in time for SEMA.
We are working towards building out these 4 properties and to continue to prove that our model works. We have bank financing offers for construction loans to build out these properties, but a
"We are extremely pleased with the progress we have made and believe that 2022 will be a great year for MasterBeat Corporation and all its operations., stated Josh Tannariello, CEO of MasterBeat Corp.
CONTACT:
Josh Tannariello
Masterbeat Corp CEO
6034599378
SOURCE: Masterbeat Corp
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