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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.

Rhea-AI Summary

MasterBeat Corporation (OTC PINK: MSTO) has announced the completion of its 2020 audit by Malone Bailey, LLP, which enhances the company's credibility and growth opportunities. The audit covers three fiscal years, 2018-2020, allowing MasterBeat to pursue traditional financing and acquisition strategies. CEO Josh Tannariello emphasized the importance of the audit in building a dividend-yielding company akin to Nasdaq. The company focuses on tangible asset acquisitions, including real estate and classic automobiles.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.13%
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Rhea-AI Summary

Masterbeat Corporation (OTC PINK:MSTO) has commenced construction on its first vacation-style property in Santa Rosa Beach, Florida. The 5,000 sq. ft. home will feature 9 bedrooms, 9 bathrooms, and accommodate up to 32 guests. It is part of a larger strategy to develop multiple properties in the area, driven by the Florida Panhandle's recognition as the top destination for vacation home investments, according to Rented Inc. The region boasts a remarkable investment potential with an index score of 98.7 out of 100 for rental properties.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.33%
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Rhea-AI Summary

MasterBeat Corporation (OTC PINK:MSTO) announced the order of a 632 Cubic Inch Warrior Engine from Nelson Racing Engines for its 1968 Pro Touring Camaro. This engine, crafted by Dart Machinery, features advanced components, including high-flow CNC machined cylinder heads and a sophisticated Engine Computer system for optimal performance and safety. The Camaro's build also includes a Roadster Shop SPEC Chassis designed for enhanced ride quality. CEO Josh Tannariello emphasizes the commitment to quality, aiming to attract serious classic car enthusiasts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.76%
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none
Rhea-AI Summary

MasterBeat Corporation (OTC PINK:MSTO) has launched its automotive online platform, JTEC AutoWorld, on Amazon, listing over 24,000 auto parts. With Amazon's auto parts sales reaching approximately $10.3 billion annually, this strategic move aims to boost visibility and sales. JTEC's marketing will leverage Amazon and eBay's massive consumer bases. Initial orders on Amazon surpassed expectations, generating $485 within the first 24 hours without prior marketing. The CEO expressed confidence in achieving significant revenue growth through this initiative.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.11%
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Rhea-AI Summary

Masterbeat Corporation (OTC PINK:MSTO) has commenced construction on a luxury vacation home in Santa Rosa Beach, Florida, marking the start of its real estate development phase. The company has acquired four parcels of land, with construction costs expected between $1.6 to $1.8 million. The home will feature 9 bedrooms and 9 bathrooms, with comparable properties in the area selling for $2.5 million to $3.2 million. The Florida Panhandle is recognized as a prime investment location for vacation rentals, boasting a projected annual rental revenue of $300,000 and a year-over-year price increase of over 10%.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
80%
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Rhea-AI Summary

MasterBeat Corporation (OTC PINK:MSTO) has acquired two additional properties in Santa Rosa Beach, Florida, expanding to four parcels intended for upscale vacation homes. The company is scaling its real estate business model, targeting substantial revenue and profits from short-term rentals. Previous acquisitions, such as the Verano Palace, yielded significant revenue and appreciation. CEO Josh Tannariello emphasizes the growing demand for multi-family vacation properties in Florida, driven by platforms like Airbnb, forecasting continued double-digit growth in the market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.29%
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Rhea-AI Summary

MasterBeat Corporation (MSTO) has provided a corporate update focusing on its real estate and automotive business operations. The company reported revenue of $160,000 and profits of $40,000 from its Verano Palace property, which was sold for $1.1 million. MasterBeat is expanding its real estate portfolio by acquiring new land in Florida for luxury vacation homes. Additionally, its automotive division, JTEC Automotive, has launched an online platform selling classic cars and auto parts. The company aims to enhance shareholder value through effective business models and significant market opportunities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
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Rhea-AI Summary

MasterBeat Corporation (OTC: MSTO) has announced the acquisition of a tract of land in Navarre, Florida for $365,000, planning to build an upscale Beach Vacation Home. This property is expected to mirror the company's previous success with the Santa Rosa Property, a 5,000 sq. ft. vacation home. Construction for the Navarre property is set to begin in October 2021, following ongoing construction of the Santa Rosa property starting in August. The CEO expressed optimism about revenue streams and profitability akin to their previous Verano Palace venture, which realized over $300,000 in appreciation in less than two years.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
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Rhea-AI Summary

MasterBeat Corporation (OTC: MSTO) has successfully sold its Verano Palace property in Miramar Beach, Florida, for $1.4 million, a $300,000 profit from its 2019 purchase price of $1.1 million. The sale reflects the company’s strategy of acquiring income-generating real estate assets. Additionally, its automotive division JTEC Automotive reported impressive profits, showcasing a successful model that promises annual returns of over 18%. CEO Josh Tannariello emphasized the company’s potential for further growth and profitability in the hard asset acquisition market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.59%
Tags
none
Rhea-AI Summary

MasterBeat Corporation (OTC: MSTO) has announced an order for a complete SPEC Chassis from the Roadster Shop for its 1968 Pro Touring Camaro build. This chassis features cutting-edge manufacturing technology designed for enhanced performance and easier installation, using advanced 3D scanning to model the original Camaro floor pan accurately. The chassis will take approximately 12 weeks to build, while bodywork and paint will be concurrently carried out. MasterBeat, focusing on tangible asset acquisitions, aims to achieve long-term capital appreciation and financial sustainability through its investments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.18%
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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