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More customers trust AWS for their blockchain and ledger technology workloads than any other cloud vendor. 25% of all Ethereum workloads in the world run on AWS. Enterprise customers for Hyperledger Fabric include Nestle, Sony Music, BMW, Sage, Guardian, DTCC, Workday, Klarna Bank, SGX, Legal & General, Splunk, Zilliant, Contura Energy, DVLA UK, and many more.
Taken straight from AWS website. Google that quote above^
Explain how you think the liquidity of the stock will be negatively impacted. Don't just pose a question to yourself. Answer it for the board; if you are serious about providing DD for those conducting their own DD on BEGI.
Again, you never provide any links to your information for context. You aren't entitled to you own facts. We live in the age of AI and what Blackstar proposes to do is actually what is being done on your current trading platform, same types of book entry shares jus as an app on Amazons Blockchain ledger. I googled the top blockchain platforms and found an article naming 20. Guess what. None mentions Amazons product.
This CEO isn't even able to get Blackstar's stock to trade on the proposed platform idea which has been the case for years. When you are reduced to very wording and deceptive statements in an infomercial you know they have a problem. Two things about this trading platform that even Blackstar doesn't want to do right now. One, whoever uses it must partner up with an existing dealer / Broker or ATS and how does that affect the liquidity of their stock. Second, those shares a company puts into the trading platform is "...distinct market from the OTC Pink..." thus again creating liquidity problems. Who here would trade such a stock let alone pay a fee to do so. There is absolutely nothing wrong with the way stock is traded currently and that technology's development is fluid.
Top 20 Blockchain Platforms in 2024
https://www.knowledgehut.com/blog/blockchain/blockchain-platforms
For the quarterly period ended September 30, 20
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm
BlackStar Digital Trading Platform TM
Background
BlackStar will continue to seek further input from various regulatory agencies and OTC Markets on the potential functionality and regulatory aspects of the BDTP over the next several months.. It will remain in the testing phase until we license the BDTP™ platform to a broker-dealer, clearing firm, and/or ATS.
We believe that the BDTP™ platform is compatible with the Depository Trust Company’s (DTC) Deposit and Withdrawal at Custodian (DWAC) service, which provides participants with the ability to make electronic book-entry deposits and withdrawals of eligible securities...
The core platform has been designed for initial use with BlackStar common stock and is thus the BlackStar Digital Trading Platform™ (BDTP). Our BlackStar Electronic Fungible Shares (BEFS) are proposed to be the initially traded securities on the blockchain on the BDTP™
Will the BEFS traded on the proposed BDTPTM trade at different prices than the OTC Pink?
Because it is a distinct market from the OTC Pink, where the common shares currently trade, there is a possibility that the prices reflected for the common shares will differ across the trading markets. BDTPTM, for instance, only accepts free trading securities (of BlackStar common stock) for cash and prohibits shorting. As a result, there could be a difference in price from one market to the next due to different liquidity in the markets as there are arbitrage opportunities in both separate trading venues.
BlackStar's Digital Trading Platform Concept Receives SEC Guidance in Q3 2020
Tuesday, 15 September 2020 12:00 PM
In July 2020, the Company presented the concept to SEC FinHub staff members for regulatory guidance and received the recommendation to apply for Alternative Trading System ("ATS") status.
BlackStar will continue to seek further input from various regulatory agencies and OTC Markets on the potential functionality and regulatory aspects of the BDTP over the next several months.
getting ready to explode...loading 14s now
Now...this is the type of trading you want to see,prior to a run.
No sellers? can't the mms at least fake a few?lol...
Did any of you longs bother to read the recent 10-K? Joe said SEC approval for the BDTP could take 1-3 years. After completing that process, it could take approximately 6-12 months to reach agreement with a FINRA registered broker dealer. That's 18 months at the earliest, but knowing how much Joe's quoted timelines always get extended, it will take the estimate of 4 years. Or longer. Or never.
You love the corporate governance platform patent but guess what? There will be no demand for it. Go ask any CFO. Not necessary.
Time to bid some 14s
"If Amazon stopped supporting AWS"
Absolute FUD by trolls.
Today, Amazon controls 33% of the market, leaving its closest competitors Microsoft (2nd with 18%) and Google (3rd with 9%) far behind in the dust. That means nearly one third of the internet is running on Amazon’s AWS.
Do you know how Amazon keeps its retail business running?Cloud services is the linchpin of their whole company.
1/3 of the internet would (not just Blackstar) would have to migrate to new platforms. It is literally 1/3 of "operating system" of the internet.
AWS in a nutshell allows BEGI to deploy their code in the cloud, so that the users can get to it, and they only pay for the stuff used as opposed to buying it outright.
BEGI did not create the infrastructure supporting cloud services, like 99% of every company building applications on the internet.......
How do you think you stream Netflix shows on your computer? What service mentioned above are the building blocks of that company?
The more trolls pound their keyboards, the more bias and poorly hidden agenda comes to light. Typing without thinking.
Awesome...hats off! You are the man. Keep up the good work SAV ! We are just slowly storing rocket fuel here. !!!!!!
...You have proven me right again and again...whenever I bring up how badly your Death Spiral Finance buddies scam longs and the CEO you are MEGA-SILENT...and that speaks volumes. They are truly your associates, you always cast them as the innocent victims while they split some of the pot with you, after they sue and get another 150 mill shares at 1/30th of the current pps....Truly laundered pasta sauce....Hey Gino call Luigi over here to count up da' winnings this year, will ya' please mak-a' some of dem' pillows out all the feathers of da' chickens we stew.....ha ha ha I'm in a good mood tonight, and you brought it on. I'm on to pay homage to the SAV for a moment before I leave town....adio
...Nothing you say changes anything, because we aren't going to sell our shares...and since you don't own any and are only here for a paycheck we just enjoy the predictability of bash you bring...Cheerios to ya' and have a great day!
You never provide anything to debate. Just more whining about the facts that I post, information in the words of the company, complete with the links. Real due diligence for those conducting their own due diligence. You all would have saved yourself a lot of grief had you paid more attention to the information rather than the messenger. 😉 The lack of response with the fourth infomercial is a bit disconcerting isn't it? If you see this CEO's face in an infomercial you can bet he has shares at the ready. Those spots cost money and we now know who is paying for them. Happy trading.
On and on with the same nonsensical stew pot..Bla.Bla Bla..Seriously funny.... You get quite a paycheck for bowing down to be the Death Spiral Peddlers of Crocodile Debt Crush Mouth-Piece. Please just keep it up...day after day Bla...Bla...Bla........ Got to love it! You are absolutely great at it....you should be proud of yourself............................................You have been duly elected King el da' Bashee'
Shameless you are..
I guess those new to this ticker should just be led into the dilution pit with no information? They are everyday working people are they not? What do we call the promoters who have been pumping this since a penny? That wasn't good for even Blackstar who got but a pittance from those ridiculous conversions.
Have to ask why the CEO has been burning even more shares hiring a media consultant group to maximize their returns. Also have to wonder when he issued those unregistered shares priced at $0.004. Sorry, don't think much of the guy who is dumb enough to end up with this expensive lawsuit and be the pitchman in the infomercials to con new traders into the conversions.
...in your disdain for,good,honest,every day working peeps.
By the way..I will share your posts with my landscapers peeps children, to teach them the ugly side of our country,at a young age. will explain to them,how we want you here,but not want you to succeed...
maybe my landscapers peeps,children,one day will find humor,in your disdain for,good,honest,every day working peeps.
By the way,I set up my landscapers new peeps with Schwab accounts,and put a couple of thousand each for 4 of them...they each own begi at .0015.
Lemonade for Kool Aide drinkers? Ahhh lemonade flavor. I get it. Good one. 😆
Dude,I live in the desert, we make sure all the "new comers" have water to drink.... wouldn't be so terrible to let some of our peeps,have a sip of lemonade.
Yeah, well that is old news isn't it so it is a bit late to pin it. Can't make this crazy stuff up. That news was released in the 8K dated March 22nd to little fan fare. The CEO tried to pump it in the April 10th infomercial which only drew 3.4 million in trading volume for the day. Traders have finally got wise to this share selling scam from what I see. Another app penciled in on the same template to run on Amazons product. If Amazon stopped supporting their product Blackstar would be done. 😆 Big deal Corporate Governance on a blockchain ledger. Whoo Hooo.
FORM 8-K
Date of report (Date of earliest event reported): March 22, 2024
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000028/blackstar8kmarch2024.htm
AMENDMENT NO. 10 TO FORM S-1
As filed with the U.S. Securities and Exchange Commission on June 16 , 2023
https://www.sec.gov/Archives/edgar/data/1483646/000106594923000063/blackstar_s1a10.htm
RISK FACTORS RELATED TO OUR PLATFORM AND BLOCKCHAIN/DISTRIBUTED LEDGER TECHNOLOGY
IF WE ARE UNABLE TO PROTECT THE CONFIDENTIALITY OF OUR TRADE SECRETS, OUR BUSINESS AND COMPETITIVE POSITION COULD BE HARMED.
Significant elements of our intended products and services are based on unpatented trade secrets and know-how that are not publicly disclosed. In addition to contractual measures, we try to protect the confidential nature of our proprietary information using physical and technological security measures.
INTELLECTUAL PROPERTY RIGHTS CLAIMS MAY ADVERSELY AFFECT THE DISTRIBUTE LEDGER TECHNOLOGY.
Third parties may assert intellectual property claims relating to their source code, including Distributed Ledger Technology. Regardless of the merit of any intellectual property or other legal action, any threatened action that reduces confidence in distributed ledger technology’s long-term viability may adversely affect an investment in us.
Overview of the BDTP™ Platform
Blackstar has built the technology based upon the Quantum Ledger Database, a blockchain framework from Amazon Web Services (“AWS”), and to use the AWS Cloud for transaction data storage. The BDTP™ would offer a web-based interface for trading transactions as well as an Application Programming Interface (API) that directly accesses all transactions stored on the BDTP™. In June 2020, BlackStar and Artuova, a custom software development company, successfully completed a production ready user interface for the BDTP™ platform, which is feature-complete.
To give everyone an idea as to the cash burn for this lawsuit over a principle balance of only $33,682. The numbers below are for 2023 and the lawsuit was filed November 6th. The bench trial isn't until January 2025. These guys do some really stupid things, no wonder GS Capital is receiving conversions at $0.00006 a share. 😆
For the fiscal year ended December 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm
Page 55
Legal and professional fees of $326,527 for the year ended December 31, 2023 increased by $199,135 from $127,392 for the year ended December 31, 2022. During 2023 the Company incurred legal fees for litigation and settlement of issues with convertible debt holders which were not incurred in prior years, in addition to recurring costs for SEC regulatory and statutory filings matters. Fees for 2022 were predominately for SEC regulatory and statutory filings, fees for annual audit and quarterly reviews and filings for a Registration Statement on Form S-1 to register underlying common shares for issuance to investors.
What b&b music factory doesn't realize that my cousin was the g-d father of their bosses... may I say one thing....take a profit if it's there to be taken.... " Don't be taken"
ericdude
04/17/24 8:25 PM
Post #13,042
Exciting news! We're set to receive our Corporate Governance Blockchain Platform Patent on April 23rd from the USPTO! This marks a major milestone for BlackStar, says CEO Joseph E Kurczodyna. #Finance #Trading #Innovation #Blockchain $BEGI
Brrrrr my BEGI shares are starting to feel.......expensive!!!!!
Congratulations!!! You have been awarded with a highly coveted and prestigious BEGI iHub board sticky note!!!!!
Buckle up you piece of sheet, we're taking the share price to the moon!!!
I just want the mms to pay their " fair share"..lol.
I think you squeezed all the juice out of the lemmon... you know what time it is? Time for the lemonade pump cocktail. know what that means? a little doubled lever pumped action profit.
This Friday, catch a new interview with our CEO, Joseph E Kurczodyna, and TV host Jane King from NYC. They'll discuss our latest Corporate Governance Patent. Stay tuned… #Trading #Finance #Blockchain $BEGI
Exciting news! We're set to receive our Corporate Governance Blockchain Platform Patent on April 23rd from the USPTO! This marks a major milestone for BlackStar, says CEO Joseph E Kurczodyna. #Finance #Trading #Innovation #Blockchain $BEGI
No, they actually only used the word GREEN a couple of times previously according to a simple word search. Once the day after the November 28th 52 week high of $0.0128 with a nasty response to someone who questioned the strength of the stock. Then again on December 5th when the stock closed at $0.0078. But don't let being wrong for months temper the language. I also have to ask who's "...@ss is Blackstar broke!!!!!"
Savannah-Marc
Re: Ringing 7 post# 5259
Tuesday, December 05, 2023 5:00:20 PM
Post# 5265 of 13039
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173365515&txt2find=GREEN
On the low side .50
On the high side $1 and north
Blackstar's patented software has billion dollar implications!
Blackstar has first movers advantage in transacting equites within SEC regulations through digital ledger technology.
Foreign market exchanges, such as Australia's, will be highly interested in adopting Blackstar's blockchain software!
I'm still in the green on BEGI and I fully expect BEGI to amaze shareholders in 2024 and beyond (if they don't get bought out for billions heh heh)!
Savannah-Marc
Re: Starlost post# 4373
Wednesday, November 29, 2023 4:25:57 PM
Post# 4374 of 13039
It's called volatility numb nuts and this damn stock trades at sub-penny levels, what in the f@ck do you expect for this to do, end the trading day green everyday like it's a St. Patrick's Day parade???
Anyway I'm BEGI Bullish!
Your @ss is Blackstar broke!!!!!
Love Love Love how this has been trading. This baby gonna pop on any good news. Back to a penny plus within 30 to 60 days is my guess!
Marc, do you have the phrase 'big green days are on the horizon' on copy and paste? I ask because you seem to use it every week, even while BEGI has dropped 88% from it's 52 week high.
I know, you sack of dog sheet, I know.
It'll close neutral today, as it has for the passed month. Big green days are on the horizon for BEGI
I was calling you all Kool Aide drinkers back on the day this hit the 52 week high of $0.0128 on November 27th. Who was correct? I have been called names here ever since for pointing out the dilution. My post# 3858 was typical for the time and those who paid attention probably saved themselves some money. Good luck with your gold mine because you aren't one of the toxic note holders converting those extraordinary terms. You are the one being mined! 🤣 Wow, the cult of believers here is very Jonestown-esc. Kool-Aid anyone? Facts with links may be bashing but when I see a situation like this I look to see who is being paid to promote. When I see these runs with heavy dilution I see a good short candidate. Don't worry, OTC traders are a typically a gullible lot who trade on emotion. A common promoters tactic is to not debate material information but rather question intent and attack the messenger.
Bubae
Member Level
Re: dinogreeves post# 4025
Monday, November 27, 2023 6:47:51 PM
Post# 4026 of 13036
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173305774&txt2find=kool
Member Level
Re: gshores post# 3852
Sunday, November 26, 2023 11:25:37 PM
Post# 3858 of 13036
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173298539
Oh Marc, you’re just brilliant !
Meanwhile those who listened to the "... the poorly paid scum sucking reprobate bashers who so vilely inhabit the nether regions of this board..." since this was trading above a penny saved themselves a lot of money and grief. 😆 Ever see a CEO conduct such a media blitz using his own face to move so many conversions price at such a spread to market. Do you think it was necessary for him to personally get out there to ensure that these toxic note holders turned a profit off those shares priced below $0.0002? You all were duped plain and simple.
This isn't about you bag holders anyway, what Blackstar need is new money and a lot of it. Read a filing to see the very old debt that still needs to be moved. What this CEO is doing is making hay while the sun shines. Been saying this for months and it is true. Looks like clouds are gathering however, 119 million shares traded off the March 22nd infomercial and only 3.4 million with the April 10th infomercial. This game of fools has tagged you as the greater fool from what I see.
For the fiscal year ended December 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm
During the year ended December 31, 2023, the Company issued shares of its common stock as follows:
convertible note payable.
the Company.
consideration for a media consulting contract.
In 2024, GS Capital filed notices of conversion and were issued, in three tranches, 195,620,499 shares of the Company’s common stock at a price of $0.00006 per share on their note of October 11, 2021. (See “Item 3. Legal Proceedings” for additional information related to GS Capital Partners).
Greater fool theory
https://en.wikipedia.org/wiki/Greater_fool_theory
In finance, the greater fool theory suggests that one can sometimes make money through the purchase of overvalued assets with a purchase price drastically exceeding the intrinsic value if those assets can later be resold at an even higher price.
In this context, one "fool" might pay for an overpriced asset, hoping that they can sell it to an even "greater fool" and make a profit. This only works as long as there are enough new "greater fools" willing to pay higher and higher prices for the asset. Eventually, investors can no longer deny that the price is out of touch with reality, at which point a sell-off can cause the price to drop significantly until it is closer to its fair value, which in some cases could be zero.
Oh ya, don't forget to personally bash me for owning and theorizing on the future of Blackstar. Got to remind the poorly paid scum sucking reprobate bashers who so vilely inhabit the nether regions of this board that real genuine shareholders still exist and happily support this company!
Oh cool, looks like the share price went up again and won't dip below the teens like I've been theorizing for the past month. Nice!
Aww, you’re such a cutie, you even remembered to add the 🐻 tag. How are your coworkers at GS Capital doing today.
Moooove’n up
The only cool aid drinker here is the GS Capital employee Bubee. His bum is hurt so much so that his GS Capital hasn’t been paid and is trying to ruin what could be a gold mine. He Can’t see the forest through the trees. The rest of us can see Bubee’s has found the magic mushrooms 🍄 in the forest and cant get off his high horse.
This is one of the most manipulated stocks out there and those holding are true Kool Aide drinkers. So far this morning around $10 in a couple of trades of less than 7K shares has move it up 10% to $0.0017. Yet on March 22nd off the infomercial they generated 118 million in trading volume and couldn't crack a $0.0019 close. This is unadulterated trash and judging from the lack of response to the last infomercial most watching now understand that. What will they do next because they have a ton of paper to move.
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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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