Saturday, March 02, 2024 11:52:59 AM
The CEO talked about tokens in his infomercial which got may attention as something I did not know. Starting at about 9:30 into the first infomercial the CEO talks about securities that 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 since there is a legal form of trading common stock on a blockchain already?
The statement in the S-1 offering regarding the subject of conflating what is going on in the crypto currency arena with what Blackstar proposes to do. "...The use of a blockchain in our proposed platform often gets conflated with crypto asset markets due to blockchain’s use in those industries as well."
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=rhJ-kqztWEy2B3h
THE COMPANY MAY FACE REPUTATIONAL HARM, LOSS OF FINANCING, STOCK PRICE VOLATILITY, AND/OR LOW DEMAND FOR SERVICES BY PROXIMITY TO THE CRYPTO ASSET MARKET.
The Company does not operate in the crypto asset markets, does not have crypto asset holdings, and is not proposing to participate in the crypto asset industry, including crypto securities, crypto currencies, and tokens. The use of a blockchain in our proposed platform often gets conflated with crypto asset markets due to blockchain’s use in those industries as well.
First Infomercial
Second Infomercial
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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