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MASTERBEAT CORP - MSTO STOCK NEWS

Welcome to our dedicated page for MASTERBEAT news (Ticker: MSTO), a resource for investors and traders seeking the latest updates and insights on MASTERBEAT stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MASTERBEAT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MASTERBEAT's position in the market.

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-20%
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Masterbeat Corporation (OTC PINK:MSTO) has provided an update on its Navarre Beach, Florida property, purchased for $365,000. Construction is underway with the delivery of pilings and orders placed for essential materials. The property is projected to sell for $3.75 million, resembling a recently sold $4.25 million vacation home. Rented Inc. rated the Florida Panhandle as the top destination for vacation rental investments, scoring 98.7 out of 100 for potential returns. This strategic move aligns with Masterbeat's goal of capitalizing on tangible asset acquisitions.

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14.29%
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Masterbeat Corporation (OTC PINK:MSTO) has successfully completed the sale of its 183 Rolling Dunes property in Santa Rosa Beach, Florida for $4.25 Million. The total acquisition and construction costs amounted to $1.85 Million, resulting in a gross profit of $2.4 Million. The property was initially purchased for $400,000 and construction cost estimates were $1.45 Million. This sale represents a significant profit margin and sets the stage for further developments as the company plans to construct additional vacation homes in the region.

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Masterbeat Corporation (OTC PINK:MSTO) has announced the launch of its Real Estate Token aimed at funding multi-family developments, starting with a planned 300-unit project expected to generate $100 million in revenue. The company emphasizes the potential of tokenization in real estate, which represents a $228 trillion market, allowing smaller investments and increased liquidity. CEO Josh Tannariello highlighted ongoing progress in both the multi-family segment and a vacation rental asset nearing completion, aiming for enhanced revenues and dividends.

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-16.67%
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BUFORD, GA / ACCESSWIRE / May 4, 2022 - MasterBeat Corporation (OTC PINK:MSTO) announced the receipt of the SPEC 3 Chassis from Roadster Shop for its 1968 'Pro Touring' Camaro build, originally ordered on April 29, 2021. The advanced chassis utilizes cutting-edge technology for improved performance and reduced costs. Despite initial expectations of a 12-week build and 2 weeks for powder coating, delays were experienced due to industry-wide material shortages. The company is diversifying into NFTs and Metaverse technology while focusing on used cars and parts.

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8.33%
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MasterBeat Corporation (OTC PINK:MSTO) has announced its partnership with Dream Junk Studios to create 100 unique vehicles for the Sandbox Metaverse, aiming to establish the first virtual Auto Mall. The company expects initial shipments in May, with vehicles priced at around 1 ETH each. The project is a strategic response to ongoing supply chain issues in the auto industry, providing new revenue opportunities through vehicle sales and upgrades. This initiative could position MSTO advantageously within the rapidly evolving metaverse landscape, leveraging the absence of competitors in this niche.

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MasterBeat Corporation (OTC PINK:MSTO) has announced the continuation of its fiscal 2021 audit by Malone Bailey, aiming for an up listing to OTCQB and full compliance with SEC regulations. The audit will be conducted under PCAOB standards, following a successful history with Malone Bailey for previous audits. The company is restructuring its subsidiary, SBQ Holdings, LLC, into a ‘C’ Corporation to facilitate future dividend payments. MasterBeat aims for timely completion of its audit to achieve its public market goals, reflecting strong financial standards aligned with U.S. GAAP.

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-4.76%
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MasterBeat Corporation (OTC PINK:MSTO) is integrating 3D printing technology into its real estate operations to tackle the urgent need for affordable housing in the U.S., where an estimated 7 million homes are required. Partnering with Apis Cor, the company aims to build cost-efficient homes quickly, reducing construction time by 60-70%. As current production rates lag at 110,000 units annually, this initiative could significantly improve housing availability. The Biden administration's support for affordable housing further enhances the project's viability.

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10.53%
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MasterBeat Corporation (OTC PINK:MSTO) is launching its Multi-Family Unit strategy as part of its real estate model, focusing on the development of a 300-unit multi-family asset.

After a pause due to the COVID-19 pandemic, SBQ Holdings, LLC is resuming this segment in response to Florida's housing demand, expected to grow by 8 million residents by 2030.

The project is estimated at $60 million with potential sale figures reaching $90-100 million. This diversification aims to deliver sustainable revenue and asset appreciation for shareholders.

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4.76%
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Masterbeat Corporation (OTC PINK:MSTO) has acquired a 10,000 sq. ft. parcel in Santa Rosa Beach, Florida for $450,000 to develop a vacation property as part of its strategy to generate over $40 million in revenue this year. This marks the company's 5th acquisition, with projections estimating the property's value could reach $4.5 to $5 million upon completion. The company plans to acquire an additional 10 parcels in 2022, leveraging secured financing to enhance its real estate portfolio further.

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-4.55%
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FAQ

What is the market cap of MASTERBEAT (MSTO)?

The market cap of MASTERBEAT (MSTO) is approximately 126.5K.
MASTERBEAT CORP

OTC:MSTO

MSTO Rankings

MSTO Stock Data

126.54k
723.36M
Real Estate Services
Real Estate
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United States of America
Scottsdale