SBQ Holdings, LLC, a MasterBeat Corp. Subsidiary, Provides 2019 Year End Update

SBQ to File Audited Financials for Fiscal Year 2019

MIRAMAR BEACH, FL, Dec. 19, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – SBQ Holdings, LLC (SBQ), a MasterBeat Corporation (OTC: MSTO) subsidiary, specializing in hard, tangible asset acquisitions with an intense focus on real estate, precious metals and other tangible assets, is pleased to provide the Company’s 2019 year end update and 2020 corporate vision.

Since June 2019, when the Company announced new management and business direction, SBQ has effectively and efficiently executed its hard asset business model which focuses on real estate and precious metals acquisitions and management. SBQ recaps some the highlights below.

On June 18, 2019, the Company announced its new Chief Executive Officer (CEO), Josh Tannariello, also a principal owner at Eco Stoneworks, which for over 20 years, specializes in fabricating and installing beautiful granite, marble, and other natural stone countertops. Mr. Tannariello changed the MSTO business model to focus on the acquisition and management of hard assets, such as real estate and precious metals.   

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On June 26, 2019, the Company announced its asset operations subsidiary, SBQ Holdings, LLC. SBQ’s vision and business model’s initial real estate assets are income generating, profitable and self-sustainable, while also delivering asset appreciation, all of which generate shareholder value with minimal to zero dilution.

On August 7, 2019, the Company announced the launch of its Precious Metals Division which is a natural and efficient hedge against fluctuating real estate and currency markets and their volatilities. SBQ currently owns 907 oz. of silver and gold bullion.

On September 16, 2019, the Company announced the acquisition of the 7 bedroom, 7.5 bath, 3 story Verano Palace real estate asset in Miramar Beach, Florida, which has generated over $130,000 in revenue over the trailing 12 months.

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Successful accomplishments and activities in recent months have built a strong foundation to grow and execute SBQ’s aggressive M&A growth strategy for 2020. This M&A strategy will include the acquisition of multiple self-sustainable, profitable properties, and will hedge against real estate market fluctuations through the accumulation of precious metals.