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I don't hate the stock. I point out good and bad. Unfortunately there's been no good for over a year.
Unfortunately I think everyone that still owns this is going to have a stock worth $0
I did a thorough search and this guy has zero internet presence. No FB and even scarier, no LinkedIn profile. This guy must be living in Joe's basement!
Have at it
Get your trash cheapies. Buy as much of this garbage as you can.
What a difference a year makes. This time last year CEO Joe was promoting with the many podcasts to move the shares at the time. People though his trading platform idea was about to take off. Still no annual filing to show what we already know. The legal fees alone over what what originally a principal balance of $33,682. Talk about one of the absolute dumbest decisions to take on GS capital over such a small debt. 🙄 The accrued legal fees would be well over $1 million now. Whos is going to pay that? 🤭 CEO Joe may well be out of business now. I have seen no evidence that they have been able to convert legal fees using the Section 3(a)(10) exemption from registration, but maybe they have. This is trash and always has been. What matters is that the ridiculous consequences of such huge accrued legal expenses over what was originally such a relatively small sum owed speaks to the incompetency of the management of this company. Now they are trying to unload the costs of litigation onto traders of Blackstar stock with the new dilution using the Section 3(a)(10) exemption from registration for more than $860K of what will be more than $1 million in new dilution converted at a steep discount to market. Blackstar last borrowed a total of $50K from two individuals in July. The cash balance of as of September 30th was $2,179. I see no new borrowing up to the release of the Q3 filing. People need to start buying those new shares in earnest or CEO Joes attorneys may take a hike. 😆
Bubae
Re: SorcererDiviner18 post# 15012
Sunday, December 22, 2024 9:41:45 PM
Post# 15017 of 15091
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175568459
15 months after approval of their signature patent, Blackstar is not even using it to trade BEGI stock. And Joe said that would be Step 1. Why is that?
It's fun to read the reasoning of people that still think this company is ever going to sell this product
You mean teeny tiny fractions of pennies lolol
Anyone that puts money into this company at this point needs to have their head examined
Nothing has changed here with the exception that chatty CEO Joe is not to be heard from anymore. Only 60,200,000 shares added to the outstanding share count since November 15th. All of those notes that CEO Joe had taken out must be in default now to say nothing about the legal fees in the accounts payable that must be well over $1 million now. Many months of nothing about the patents that we knew were shite from the beginning. CEO Joe hasn't been able to execute on that section 3(a)(10) dilution. Can't wait to see the annual to find out why. 🤭This ticker is trash of the highest order. New outstanding share count update. No change. I'm beginning to think CEO Joe will not be able to pull off that section 3(a)(10) dilution. Either way it is bad news for shareholders. The account payable that were to be converted is mostly legal fees. Attorneys normally like getting paid. That account was more than $1 million at the end f Q3. Screen shot of the December 13th update which was posted on the 26th below.
Bubae
Re: None
Friday, January 03, 2025 2:49:54 PM
Post# 15034 of 15076
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175617353
And how will that change the fact that no one is buying their product? Sure, maybe the court case is scaring off new investors. But if the technology is as good as you all say, people would be using the technology regardless of the court case. And that isn't happening even though Joe was getting 'lots of calls'.
To me that says a lot.
Keep buying Marc. You may make millions
The front running in anticipation of Blackstar recieving some substantial money from the outcome of this case will be epic!!!
Blackstar filed the final brief, now either a settlement or a NV Supreme Court decision will be rendered. We should be hearing something very soon ; )
I don’t the court answer? What did it say?
I bought my tickets to the fireworks show. I really really enjoy making money . . .
https://caseinfo.nvsupremecourt.us/public/caseView.do?csIID=68335
https://nvcourts.gov/supreme/decisions/advance_opinions
I would love for it to succeed because I have friends that own it. This company is basically sitting idle. No sales, no subscriptions and not a peep from the CEO in months. That says a lot.
Heck no. Not until this company starts generating some income, which by the looks of it, may never happen.
Two day until court decision. Will you get more shares while they are still cheap ?
Overview
BlackStar Enterprise Group, Inc. (the “Company” or “BlackStar”) intends to act as a merchant bank as of the date of these financial statements. We currently trade on the OTC Pink Sheets under the symbol “BEGI”. The Company is a merchant banking firm seeking to facilitate venture capital to early-stage revenue companies. BlackStar intends to offer consulting and regulatory compliance services to crypto-equity companies and blockchain entrepreneurs for securities, tax, and commodity issues. BlackStar is conducting ongoing analysis for opportunities in involvement in crypto-related ventures though our wholly-owned subsidiary, Blockchain Equity Management Corp., (“BEMC”), mainly in the areas of blockchain and distributed ledger technologies (“DLT”). BEMC is currently non-operational, inactive and has no business or clients at this time. It is intended to offer advisory services as to how to implement use of a custom platform for the client’s equity based off of the BDTPTM. BEMC has not established any anticipated time frames or key milestones for BEMC business. BlackStar intends to serve businesses in their early corporate lifecycles and may provide funding in the forms of ventures in which we control the venture until divestiture or spin-off by developing the businesses with capital. We have only engaged in one transaction as a merchant bank form to date.
Our investment strategy focuses primarily on ventures with companies that we believe are poised to grow at above-average rates relative to other sectors of the U.S. economy, which we refer to as "emerging growth companies." Under no circumstances does the Company intend to become an investment company and its activities and its financial statement ratios of assets and cash will be carefully monitored and other activities reviewed by its Board of Directors to prevent being classified or inadvertently becoming an investment company which would be subject to regulation under the Investment Company Act of 1940.
As a merchant bank, BlackStar intends to seek to provide access to capital for companies and is specifically seeking out ventures involved in DLT or blockchain. BlackStar intends to facilitate funding and management of DLT-involved companies through majority controlled joint ventures through its subsidiary BEMC BlackStar, through BEMC, intends to initially control and manage each venture. Potential ventures for both BlackStar and BEMC will be analyzed using the combined business experience of its executives, with BEMC looking to fill those venture criteria with companies in crypto-related businesses such as blockchain or DLT technologies. The Company does not intend to develop Investment Objectives or “criteria” in any manner but will rely on the acumen and experience of its executives. BEMC is currently non-operational, inactive and has no business or clients at this time. It is intended to offer advisory services as to how to implement use of a custom platform for the client’s equity based off of the BDTPTM. BEMC has not established any anticipated time frames or key milestones for BEMC business.
BlackStar is currently developing a blockchain-based software platform (“BDTP TM”) to trade electronic fungible shares of our common stock equal to the shares held and transferred by DTCC Brokers (DWAC). Once completed, the platform design might enable us to license the technology as a Platform as a Service (“PaaS”) for other publicly traded companies, providing revenue to finance our merchant banking. The completion of our software platform depends on our ability to license it to an existing
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The author(s) may have positions in the stocks or financial relationships with the company or companies discussed and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior
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