BlackStar Enterprise Group Inc (BEGI)

[Bubae]

I will agree that everything is, and has been, about digital assets on a block chain, but Blackstar has nothing to do with that market. Blackstar has nothing to do with that market or digital currencies. The S-1 offering prospectus is the best source for information about what Blackstar proposes to do. Bounce that information against what the CEO promotes in his infomercials as I have to find that he is peddling a false narrative. The method patent gives Blackstar the privilege to spend money defending a trading platform that for years is not used anywhere and according to the company may never be. The CEO has three infomercials done for 2024 so far and no a mention about the issues that render the trading platform and its method patent useless.

Bubae
Re: kid biscuit post# 8965
Sunday, January 07, 2024 3:56:27 PM
Post# 9006 of 12683
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173579022

They commented on the need to register as an Alternative Trading System ("ATS") in the annual filing for 2017. September 2020 they received guidance from the SEC "...to apply for Alternative Trading System ("ATS") status.". Now in September 2023 they can do no better than to say "We intend to continue... and "We currently intend to seek..." when talking about this subject. Statement in the Q3 2023 filing "The completion of our software platform depends on our ability to license it to an existing Alternative Trading System (“ATS”)..."

Bubae
Re: Joe DiMaggio post# 12658
Monday, April 01, 2024 10:43:53 AM
Post# 12668 of 12683
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174150905

Blackstar has nothing to do with the crypto asset industry, nothing. Refer to the statement in the S-1 offering prospectus that clarifies this. What Blackstar proposes to do deals with what they refer to as "...Book-entry electronic fungible shares are currently traded on OTC and Exchange Markets..." That being the types of shares everyone is already doing from their current trading platforms.

AMENDMENT NO. 10 TO FORM S-1
As filed with the U.S. Securities and Exchange Commission on June 16 , 2023
https://www.sec.gov/Archives/edgar/data/1483646/000106594923000063/blackstar_s1a10.htm
RISK FACTORS RELATED TO OUR PLATFORM AND BLOCKCHAIN/DISTRIBUTED LEDGER TECHNOLOGY

Our plan to operate the BlackStar Digital Trading Platform TM relies on our ability to enter into a license agreement with a broker dealer or an alternative trading system (“ATS”)...

... If we are unable at any time to establish the necessary relationship, BDTP TM may never become functional. If we are unable to license BDTP TM to an ATS in this way, we may reevaluate whether we may apply for ATS status.

Significant elements of our intended products and services are based on unpatented trade secrets and know-how that are not publicly disclosed.... I

Third parties may assert intellectual property claims relating to their source code, including Distributed Ledger Technology....

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 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.