BlackStar Enterprise Group Inc (BEGI)

[Bubae]

Read the filings and you will see zero revenue to talk about. He doesn't talk in terms of revenue because he doesn't have a product that can be monetized under the current rules governing the trading of securities. Two infomercials reveals that they are moving onto the next shiny object to attract new money for the next round of shares to be sold. That new story is plugging in "corporate governance" and "capital fund raising" into their patented method written to run on Amazon's Quantum Ledger Database. They just pencil in another idea and submit it as another method patent. If they ever hit an idea that they can license for actual revenue it looks to be impossible to defend because according to their own words '...Significant elements of our intended products and services are based on unpatented trade secrets and know-how...' That really is all a patent provides right? The privilege to hire attorneys to defend your idea.

AMENDMENT NO. 10 TO FORM S-1
As filed with the U.S. Securities and Exchange Commission on June 16 , 2023
https://www.otcmarkets.com/filing/html?id=16735041&guid=RoJ-kKyjFy5HJth

RISK FACTORS RELATED TO OUR PLATFORM AND BLOCKCHAIN/DISTRIBUTED LEDGER TECHNOLOGY

IF WE ARE UNABLE TO PROTECT THE CONFIDENTIALITY OF OUR TRADE SECRETS, OUR BUSINESS AND COMPETITIVE POSITION COULD BE HARMED.
Significant elements of our intended products and services are based on unpatented trade secrets and know-how that are not publicly disclosed. In addition to contractual measures, we try to protect the confidential nature of our proprietary information using physical and technological security measures.

INTELLECTUAL PROPERTY RIGHTS CLAIMS MAY ADVERSELY AFFECT THE DISTRIBUTE LEDGER TECHNOLOGY.
Third parties may assert intellectual property claims relating to their source code, including Distributed Ledger Technology. Regardless of the merit of any intellectual property or other legal action, any threatened action that reduces confidence in distributed ledger technology’s long-term viability may adversely affect an investment in us.

Overview of the BDTP™ Platform
Blackstar has built the technology based upon the Quantum Ledger Database, a blockchain framework from Amazon Web Services (“AWS”), and to use the AWS Cloud for transaction data storage. The BDTP™ would offer a web-based interface for trading transactions as well as an Application Programming Interface (API) that directly accesses all transactions stored on the BDTP™. In June 2020, BlackStar and Artuova, a custom software development company, successfully completed a production ready user interface for the BDTP™ platform, which is feature-complete.