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Why would it be dumb Marc? If someone hadn't paid a thousands of dollars loan back to you from 2 years agon, you wouldn't sue them? Of course you would. Duh.
It's not an asset if companies don't see the need for it. And so far....nothing. Except Joe said he is getting 'lots of calls'. How about some specifics about those calls? If he doesn't share those details in the next infomercial, be skeptical.
You mean the trading platform that "...has not been approved by any regulatory agency or broker dealer and is not currently operational..." Hear about any discussions with the SEC lately in any of the five infomercials? What did Blackstar say in March 2023? "...The BDTP™ is not yet functional and may never be functional." Is that the method patent that you are referring to?
For the fiscal year ended December 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm
Definitions
BlackStar Digital Trading Platform TM (“BDTP TM”): a digital Electronic Fungible Shares trading platform enabling the trading of BlackStar common shares in electronic fungible form. (The BDTP TM has not been approved by any regulatory agency or broker dealer and is not currently operational.)
BlackStar Enterprise Group, Inc. Provides Registration Statement Update
Wednesday, 15 March 2023 10:30 AM
https://www.accesswire.com/743761/blackstar-enterprise-group-inc-provides-registration-statement-update
We anticipate initiating formal discussions with the SEC and its relevant divisions and offices, including the Division of Trading and Markets, within the next six months with respect to seeking the approval or clearance of our shares being eligible to be traded on our BDTP™ platform. We believe it may take an additional six to nine months to address SEC comments and questions, and there is no assurance that we will be successful in our shares being approved or cleared for trading on our BDTP™ platform. The BDTP™ is not yet functional and may never be functional.
Yeah.......and who on planet earth would ever agree that a 20 YEAR PATENT TO TRADE STOCKS WITH BLOCKCHAIN isn't an asset.......
B E G I
2 0 2 4
B U L L I S H ! ! ! ! ! ! !
Blackstar doesn't have much in terms of assets to go after. All those lenders can do is hope for an opportunity to convert that debt. Diagonal lending for some reason beat everyone to the conversion game with their nearly 600 million shares in 2023 to take advantage of the current promotional period. What they knew and when did they know it, right? Then GS Capitals lawsuit and the partial conversions 257,704,832 million shares priced at $0.00006 for 2024. SE Holdings and Adar Alef needed to wait their turn in my opinion. Besides, Adar Alef banked an obscene profit with their conversion of $13,455 principal into 62,100,00 shares back in November while the stock was on its way to a penny.
As for the SEC question. New 8K out this morning show that they have been dealing with a shady auditor. According to the 8K their auditor, Borgers, ....agreed to a permanent ban on appearing or practicing before the SEC...
FORM 8K
Date of report (Date of earliest event reported): May 3, 2024
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000058/blackstarauditor8k.htm
The U.S. Securities and Exchange Commission (the “SEC”) has advised that, in lieu of obtaining a letter from BF Borgers stating whether or not it agrees with the statements herein, the Company may indicate that BF Borgers is not currently permitted to appear or practice before the SEC for reasons described in the SEC’s Order Instituting Public Administrative and Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Sections 4C and 21C of the Securities Exchange Act of 1934 and Rule 102(e) of the Commission’s Rules of Practice, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order, dated May 3, 2024.
For the fiscal year ended December 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm
Page F-13
ADAR ALEF, LLC
In November 2023, Adar Alef issued a notice of conversion for a partial conversion of $13,455 principal into 62,100,00 shares of the Company’s common stock at a price of $0.0002167 per share under the conversion provision and terms of the note agreement.
Because that would be dumb and just as completely stupid and deceptive as all of your post history regarding BEGI.
Any thoughts on why Adar or SEC haven’t taken Blackstar to court?
I think you catch my drift.
and we r 30+ trillion in debt..your welcome.
Yeah, they have a media contract through the end of May. From what I see he will need to ink another to move more shares through the end of 2024. They have principle balances outstanding of $584,079 on the Adar Alef and SE Holdings notes that matured two years ago and are earning default interest of 24%. We also know that these toxic lenders have been dumping their conversions as they receive them.
Bubae
Re: None
Wednesday, May 01, 2024 6:11:13 PM
Post# 13480 of 13727
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174341318
Going out on a limb. you know that.
You either know that? or your clueless?
Liked "promote the share sales" duh? Startup fuel.
The conversions to come is what is hanging over this stock. The CEO has demonstrated what they are capable of with what has essentially a pump and dump since November. Since September 30th 2023 they have issued 495,744,512 shares. That is what you call "making hay while the sun shines". 😆 While the CEO has been running the five infomercials since the beginning of the year GS Capital had 257,704,832 shares to dump priced at $0.00006 after the stay expired on February 15th. The March 22nd infomercial that generated 119 million in trading volume likely moved a lot of that. Those conversions helped set up the lows from which I expect either Adar Alef or SE Holdings to lock in a $0.00065 conversion price on some of their defaulted debt if they act by the 15th of May.
We are looking at a bit more than the 153 million shares that went restricted at the end of 2023 that will be vested by the end of June. That 153 million shares represents the 25 million issued for the media contract, 71.25 million issued financing fees for loans, and the 56.79 million issued for warrants. The first two are priced at $0.001 with the balance being recorded as paid in capital calculated from the share price listed above par. That is $25K towards the media contract and $71,250 towards the financing fees. We will see how well they do at the end of June but these are essentially free shares. They have a lot to do before the January bench trial for the GS Capital lawsuit when Blackstar could be on the hook for serious money not to mention their own legal bills being rack up. They also have the series of notes payable with maturities of less than a year starting from March 2023 to deal with.
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:
share as per antidilution provision of the warrant agreement. The warrants were exercised on a cashless or “net” basis.
For the quarterly period ended September 30, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594923000100/begi-20230930.htm
NOTE 5 – STOCKHOLDERS’ DEFICIT
Common Stock
During the nine months ended September 30, 2023, the Company issued shares of its common stock as follows:
Good call getting out of BLNK. The EV market is going to hell
What's big dollars?
Hahaha, I'm going to let you do your job. I cashed out of BLNK with some big dollars today, maybe my selling made the BLNK share price tank.......
I'm looking to accumulate more BEGI, I'm not bothered if the price goes down now.
Gets awful quiet here on down days
There is so much old defaulted debt that needs to be converted that it is remarkable that this went back into 3s. That was a walked up gift in my opinion and it looks like few took advantage to either bail or profit. This company has been promoting a trading platform for years that they aren't able to use and now has moved on to two new ideas penciled into the same template rolled out to once again promote the share sales. I see the latest two ideas as nothing more than paper at this point yet the CEO promotes it as developed viable product that may generate income at some point.
House committee passes bill to ‘preserve US leadership’ in blockchain
https://cointelegraph.com/news/blockchain-promoting-bill-passes-us-house-committee
1 million dollars. Ummm sir. . . . . 1 billion dollars
LOOOOL !!!
UarethebigmoronofBegi !!!
Noooo !!!
$100
What’s your prediction for pps today?
What’s palagerism?
Liked "promote"... smlt...
J2.. pulling a biden.lol.palagerism.
Higher low tomorrow.
Higher low tomorrow
No need.new peeps, look at my latest posts.
Please feel free to share my post history.
Brother b..it's only gonna get better.
Liked " not a good week"agreed.last wk was amazing.
Last week was clearly not a good week to take conversions. 😆 It is also my guess that they aren't getting a good bid build yet either and what they need is volume. Today they updated the share count again dated for Friday the 3rd showing a zero increase. So why not on Friday the 3rd did they not date it the 3rd rather back date it to April 26th. Grabbing screen shots to bounce against filings again. We know that they omitted a November share count increase in their two December updates, details in post# 13663 liked below. We also know that the number for the float is not correct since the OS count on that date was 1,244,572,435 according to the Q3 filing. I do not trust their numbers.
We got 10,386,303 in the sell today column versus 2,610,331 on the buy and a walkup from 26 to 30 in the last half hour of trading. That dilution isn't going away. The latest three day period to lock in the $0.00065 conversion price is from April 18th to the 23rd. So twenty trading days would make that conversion price viable through May 15th. If they don't pull the trigger during that period it will be a while before the next opportunity for a decent conversion price versus the trading price. I doubt that they will waste the walkup they managed last week.
Bubae
Re: None
Saturday, May 04, 2024 6:02:41 PM
Post# 13663 of 13705
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174358707
Though I would like to know the actual date that isn't the problem. According to the chart on page 5 of the Q3 filing there were 1,244,572,435 shares outstanding as of September 30th. This is the same number of shares that were listed in the December 12th and December 22nd outstanding share updates on the OTC site. I have kept track of the update since I arrived on this board around November 26th so screen shots below. Why were the November conversions not included in at least the December 12th update and since we know they must have been issued prior to November 16th and why not an earlier update. We don't see a share count increase until January 5th 2024.
I'm willing to wait and watch. Because if the right company does take interest, my small investment will pay off wonderfully. Penny stocks are a gamble. Don't spend any more than you're willing to lose.
Remember...Joe said he's getting 'lots of calls'. 😂😂😂
No one has any interest in these patents. Wait and watch.
Uhh,the people that don't listen to you?
They should check yours(won't go past .002)
Yes, people should check your post history. The 52 week high of $0.0128 was November 27th do you still own "...a sizeable amount of the float..."? You should go elsewhere to promote your new find.
Re: ice trader post# 4303
Wednesday, November 29, 2023 10:33:21 PM
Post# 4442 of 13310
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173325037
My dude, if you sold out of BEGI and stated you moving on, then why the fock you still here pissing and complaining and trying to shoot down Blackstar. Are you trying to save the little guy investor and make us beware the Blackstar or are you really just trying to scare up more shares and knock the price down??? The more you bash, the more I make, I own a sizeable amount of the float. Your fear tactics only encourage those like me to hold and accumulate more shares.
BLACKSTAR TO $5 A SHARE!!!!!
PLEASE BASH BEGI MORE, IT ONLY SHOWS THAT YOU'RE HERE AND WITH AN AGENDA!!!!!
Who would buy these method patents. The trading platform isn't allowed to operate and the other two are nothing but paper at this point. None have demonstrated that there is a market for these ideas. What we know is that hundreds of thousands in defaulted debt still needs to be converted and that is what the present share structure is for. This CEO has been burning shares receiving relatively little in debt relief and has taken on another $614,000 in new notes since March 2023 that have maturities of a year and less. This CEO has controlling interest in this company through his ownership of the series "A" preferred shares. For him to realize a decent payout from any deal he would need to unload as much debt on shareholders as possible.
For the fiscal year ended December 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm
Page F-10
NOTE 5 – STOCKHOLDERS’ DEFICIT
Preferred Stock
The Company has authorized 10,000,000 preferred shares, with a par value of $0.001 per share. The Company issued 1,000,000 shares of its Series A Preferred Series stock to IHG in fulfillment of the purchase agreement. These shares are convertible at a ratio of 100 shares of the common stock of the Company for each share of preferred stock of the Company.
Page 61
BIOGRAPHICAL INFORMATION
Joseph E. Kurczodyna, Chief Executive Officer, Chief Financial Officer and Director
In 2014, Mr. Kurczodyna was one of the founders of International Hedge Group Inc. (IHG). In 2016, IHG acquired 44,400,000 shares of common stock and 1,000,000 Class A Preferred shares in BlackStar Enterprise Group Inc. As of December 31, 2020, IHG owned 4,792,702 shares of common stock and 1,000,000 Class A Preferred shares in BlackStar Enterprise Group Inc., and Mr. Kurczodyna became the controlling shareholder of IHG by issuance of super majority voting preferred shares.
17/457,153 | 61184.06US01:SYSTEM AND METHOD FOR FACILITATING A PUBLIC OFFERING ON AN IMMUTABLE BLOCKCHAIN PROVIDED TO ELIGIBLE QUALIFIED INVESTORS BASED UPON PRIORTY OF INTERESTPUBLIC VIEW
Application #
17/457,153
Confirmation #
5312
Attorney Docket #
61184.06US01
Patent #
-
Filing or 371 (c) date
12/01/2021
Status
Docketed New Case - Ready for Examination 05/02/2024
I expect a buyout. The CEO is older.
I'm not sure that's anything to brag about since at .0014 it was down 79% from it's 52 week high. You must have missed college statistics because when a stock is that far down, probability says that it's bound to go up.
Funny how you type and use emojis just like Bubae.....I guess that's your "burner" account.....
And the daily stock bashing begins even though Blackstar is up over 100% from it's share price from 2 weeks ago.....
https://investorshangout.com/stock-bashers-explained-who-are-they-103-/
Haha...you can keep your tips...I don't need your money. Not sure where you get the idea that I'm a Blackstar basher? I don't believe I've said anything negative about Blackstar...just your ridiculous predictions that have nothing to back them. I'd like to see BEGI hit anywhere from .12 to .25 and I can tell Denny's to shove it. 🤣
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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