Friday, January 19, 2024 11:12:59 PM
This looks like the same kind of activity that got the company in trouble with the SEC back in April 2023 triggering the press release of April 2023. The company also received a letter from the SEC about the subject and the company filed a 8K as a result. These statements are carefully written. I believe this to be a desperate and very dishonest company.
New to The Street Airs on the FOX Business Network, Episode 550, Featuring Six Corporate Interviews, Broadcast Monday, January 22, 2024, at 10:30 PM PT
January 19, 2024 09:30 ET
https://www.globenewswire.com/news-release/2024/01/19/2812365/0/en/New-to-The-Street-Airs-on-the-FOX-Business-Network-Episode-550-Featuring-Six-Corporate-Interviews-Broadcast-Monday-January-22-2024-at-10-30-PM-PT.html
Joseph approached the USSEC about the platform a few years ago, and the USSEC approved him to develop a demo platform to show how the blockchain concept works. It took him two years to build the demo, and then the USSEC took two more years to review the demo platform. The Company made a complete 1933 Registration Statement (FORM S-1), fully outlining the Company's business, which was approved in July 2023 by the USSEC. BDTP™ is a centralized blockchain that can fully integrate into a stock broker’s trading platform, meeting or exceeding US SEC and FINRA regulatory requirements and trading compliances.
BlackStar Enterprise Group Corrects an Article Dated April 17, 2023 by Cointelegraph With the Following Release
Thursday, 27 April 2023 09:01
https://www.accesswire.com/751565/BlackStar-Enterprise-Group-Corrects-an-Article-Dated-April-17-2023-by-Cointelegraph-With-the-Following-Release
would like to correct an article by Ana Paula Pereira at Cointelegraph making various statements which were erroneous about BlackStar and our platform which was published on April 17, 2023.
First, the headline, "Blockchain platform for trading securities OTC moves forward with SEC approval," is inaccurate and could lead readers to believe that the Securities and Exchange Commission ("SEC") has approved BlackStar's trading platform - which it has NOT.
The SEC has not, nor will it through the current S-1 registration statement, approve the platform. The article confuses the current resale registration statement for common shares underlying existing convertible notes on Form S-1 (which is not yet effective), for a registration of the platform to allow for approved trading.
BlackStar reiterates that we are not currently registering the platform, nor are we seeking approval of the SEC for anything other than a registration statement for common shares underlying convertible notes for select noteholders.
April 27th 8K filing
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594923000038/blackstar8kmay12023.htm
SEC letter pertaining to this subject dated May 11, 2023
https://www.sec.gov/Archives/edgar/data/1483646/000000000023005005/filename1.pdf
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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