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Tuesday, February 13, 2024 10:42:18 PM
This appears to be the kind of talk that got the SEC's attention and triggered a press release and 8K filing in April 2023. Watch the video segment in the beginning few minuets and then read over the April 2023 press release. This is the best the CEO can do to suggest that the trading platform and its method patent have a path forward to be monetized.
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
On April 27, 2023, the Company issued a press release entitled “BlackStar Enterprise Group corrects an article dated April 17, 2023 by Cointelegraph with the following release.” A copy of the press release is attached hereto as Exhibit 99.
SEC letter related to the cointelegraph article
https://www.sec.gov/Archives/edgar/data/1483646/000106594923000057/filename1.htm
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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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