The Company recently announced
The balance sheet of the Company was amended, as of fiscal year 2019, to allow restructuring the ownership of certain real estate assets to further protect shareholder value and mitigate liabilities. These assets will be reinstated and reflected, as of Q4 2020, on the Company’s audited balance sheet for fiscal year 2020. The culmination of the 2018, 2019 and 2020 audited financials will be vital in the Company’s access to traditional capital and executing its aggressive growth strategy.
In 2021,
While the Company will be strategically acquiring real estate assets, as traditional capital and opportunities are available, our online real estate platform will focus on Florida MLS listings while building a network of agents, brokers, lenders, appraisers, and other seasoned professionals to provide a seamless experience for everything/anything real estate. Once perfected, the model platform will be expanded quickly and strategically to other hot markets. More details below.
The precious metals division will focus on acquiring silver with profits and/or capital from the Company’s other operations. The combination of the online platforms, silver acquisition and opportunistic real estate acquisitions will deliver long term growth, revenue and asset appreciation which will be passed to Company shareholders in the form of dividends and stock appreciation. More details below.
“We are very excited that all the different aspects of our business are coming together in a way that will tremendously benefit our shareholders, both in short-term growth and long-term appreciation and dividend yields,” stated
MasterBeat’s Automotive Division -
JTEC Automotive’s strategy is to enter the automotive industry via the company’s online platform which will consolidate 3 segments of the industry, combining New &
The long-term plan is to expand the automotive division by launching brick-and-mortar repair and maintenance, modification and/or customization shops, and auto parts store locations throughout
JTEC will incorporate partnering with auto technician schools creating opportunities for ASE Certified Auto Technicians, offering them job placement and ownership opportunity via JTEC’s Complete Car Care Center Franchise System.
JTEC Auto World’s “Automotive Technician Directory” is a digital marketplace focused on connecting car owners with prescreened, local service professionals to carry out repair and maintenance services, modification and/or customization, or any other need you may have for your vehicle. The services will be available at registered shops and/or “come to you” convenience services.
The JTEC Automotive Technician Directory is to the automotive world, what Angie’s List and Home Advisor are to the housing industry. The JTEC Auto Technician Directory will incorporate tools not only to locate an automotive professional within your area but will provide a streamlined means to schedule appointments and provide other useful tools for the user and the technician.
JTEC Auto World’s “New and
JTEC Auto World’s “New and Used Car” online sales platform will allow individuals, and dealerships to list their new or used vehicles for sale and allow a user to complete a transaction from the viewing process, to the finance, insurance, warranty, comparability, recalls, cars history, reviews from car owners and much more.
MasterBeat’s Real Estate –
Management is committed to the corporate plan of acquiring income generating Real Estate properties and is evolving the best strategy to build the SBQ Real Estate Portfolio.
With approximately 1,000 Americans moving to
There just is not enough supply and SBQ will focus on the tier 2 and tier 3 locations as stated before, which is just outside the prime areas where the largest single and multi-family home builders are focusing their efforts. SBQ has identified several prime locations where property values are still reasonable, and the demand is streaming towards these geographic areas. SBQ has been working closely with our already established relationships of the largest builders in the
Initially, SBQ will be launching its Real Estate Online Platform, a website that will focus on MLS listing throughout the state of
MasterBeat’s
SBQ’s precious metals division has a long-term, opportunistic growth strategy for the Company. Multi-family real estate assets can generate significant amounts of cash flow. As the Company reaches plateaus in the growth of SBQ’s Real Estate portfolio, a solid plan is needed to allocate a percentage of cash flows into precious metals acquisitions to hedge the company against market fluctuations to best protect the company and its shareholders.
Management’s initial focus will be on purchasing silver over the next 36 months and will diversify accordingly. Silver purchases will be done periodically when the opportunity arises. The choice is to focus on silver because the company believes it is still reasonably priced, and it has the greatest potential for appreciation, offering our shareholders a substantial rate of return. Diversification into other metals and currencies will come with growth, expanding profits and dividend payments.
About
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Safe Harbor Statement
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts or to procure future contracts. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.
Contact:
Josh Tanneriello
561-570-7050
josh@masterbeatcorp.com
Source:
2021 GlobeNewswire, Inc., source