BlackStar Enterprise Group Inc (BEGI)

[Bubae]

They aren't selling anything using their platform. In fact, something new to me, starting at about 9:30 in. He talks about securities already be traded LEGALLY in the form of tokens securitized by common stock which is thrown into a blockchain. His words. So who the hell really cares about what they are doing with actual common stock which is already "electronic fungible shares"? What is the rational behind any perceived security risks regarding the way common stock is already traded. Why would these regulatory entities change any rules to accommodate what they intend to do.

He would have been better with a script because the interview isn't very well structured and rambles. Part of this is the interviewers fault because clearly she has conducted zero due diligence to prepare. I would like to have a shot at this and followed up on previous press releases that spoke to the lack of product efficacy which was the reason this idea resulted in a share price as low as $0.0001 just days before the runup and the terrible conversions at an average of $0.00017.

SEC Q&A correspondence February 13, 2023
https://www.sec.gov/Archives/edgar/data/1483646/000106594923000009/filename1.htm

• Please confirm, if true, that the exchange of common shares for electronic fungible shares means that a shareholder cannot trade common shares OTC.
  

Book-entry electronic fungible shares are currently traded on OTC and Exchange Markets. The format of the common shares traded via any electronic account are already electronic fungible shares – they may be traded via OTC or BDTP™ (once operational), or any exchange in the future.


BlackStar Enterprise Group, Inc. Provides Registration Statement Update
Wednesday, 15 March 2023 10:30
https://www.accesswire.com/743761/blackstar-enterprise-group-inc-provides-registration-statement-update

...We believe the Company is on the path to bringing its proposed business plan to reality. However, there can be no assurance that such regulatory approvals will be obtained in a timely manner or at all...

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.

BlackStar's Digital Trading Platform Concept Receives SEC Guidance in Q3 2020
Wednesday, 16 September 2020 02:00
https://www.accesswire.com/606207/BlackStars-Digital-Trading-Platform-Concept-Receives-SEC-Guidance-in-Q3-2020

Given that guidance, we are evaluating our options for finalizing the BDTP, including exploring partnerships with existing ATS's. 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.