SBQ Holdings, LLC, a MasterBeat Corp. Subsidiary, Introduces JTEC Automotive Division

SBQ Holdings Launches its Automotive Division to Focus on the Acquisition, Restoration, Customization, and Sales of Collectable Cars and Used Auto Parts

MIRAMAR BEACH, FL, May 06, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE ‒ MasterBeat Corporation (OTC: MSTO), a company specializing in hard, tangible asset acquisitions with an intense focus on real estate, precious metals, and other tangible assets through its subsidiary SBQ Holdings, LLC, is pleased to introduce its automotive division JTEC Automotive Inc.

JTEC Automotive Inc. will focus on the acquisition, restoration, and sales of Collectible Classic and Custom Automobiles. JTEC will also be launching the subsidiaries JTEC Auto Auction focusing on online automobile auctions and JTEC Auto & Parts will focus on the sale of used automobiles and auto parts via its online platform.

JTEC Automotive Inc. will focus on the growing demand for professionally built Custom Collectible Classic Automobiles targeting segments like Muscle Cars, Restomods, and Japanese Imports. These segments are the trends that are happening now, which have long been predicted by auction house legends such as Barrett-Jackson (www.barrett-jackson.com) and Mecum Auctions (www.mecum.com).

This is where JTEC Auto Auction comes into to play, we have seen a shift from high end auto auction “Events” that cost a small fortune to set up and implement to the less expensive online auto auction process that allows you to reach a vastly larger audience for a fraction of the cost of traditional event style auctions. Passing the savings on to the seller and the purchaser. Online auto auction site www.bringatrailer.com started out with 3 cars listed on their site, they have grown into a leader in the online auto auction industry. They have achieved this due to their minimal percentage charge the seller and purchaser pay compared to the traditional “Event” style auctions that charge a greater percentage rate per transaction.

We see a large demand in all these spaces within the automotive industry. All the luxuries of today’s technologies incorporated into older vehicles is becoming a massive industry. More and more we see people wanting to customize their vehicles to differentiate themselves from the masses. The Demand and Interest in custom automobiles have led to the craze of successful automotive reality TV shows like Fast N' Loud on Discovery Channel featuring Richard Rawlings and his Gas Monkey Garage, (www.gasmonkeygarage.com), Count's Kustoms, (www.countskustoms.com) featured on History channel, a one of a kind hot rod and chopper customization/restoration shop owned by Danny “the Count” Koker. Then there is Kindig It Designs, (www.kindigit.com) owned and operated by Dave Kindig a custom-car maker who also has an automotive show on Motor Trend TV called BITCHIN' RIDES and The Mopar Crazy, Mark Worman and his show Graveyard Carz also on Motor Trend TV, (www.graveyardcarz.com) focusing on restoring Classic Mopar such as the original Challengers, Chargers, and Roadrunners. Many of them were restored to look like the day they rolled off the showroom floor.