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Re: Golden Cross post# 9923

Wednesday, 01/17/2024 9:01:15 AM

Wednesday, January 17, 2024 9:01:15 AM

Post# of 14112
Yep, let the fact that the CEO didn't have any news for you all sink it. 🤣 Just the same old story about a trading platform idea that isn't permitted under current regulatory rules governing the trading of common stock. Not even a mention about any progress on the regulatory front. What is crazy is that starting at about 9:30 into the segment the CEO talks about securities currently are traded LEGALLY in the form of tokens securitized by common stock which is thrown into a blockchain. So for what reason would regulators change the rules for the industry to accommodate what Blackstar wants to do?

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.
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Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..

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