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Re: SorcererDiviner18 post# 13073

Thursday, 04/18/2024 3:17:46 PM

Thursday, April 18, 2024 3:17:46 PM

Post# of 14076
Again, you never provide any links to your information for context. You aren't entitled to you own facts. We live in the age of AI and what Blackstar proposes to do is actually what is being done on your current trading platform, same types of book entry shares jus as an app on Amazons Blockchain ledger. I googled the top blockchain platforms and found an article naming 20. Guess what. None mentions Amazons product.

This CEO isn't even able to get Blackstar's stock to trade on the proposed platform idea which has been the case for years. When you are reduced to very wording and deceptive statements in an infomercial you know they have a problem. Two things about this trading platform that even Blackstar doesn't want to do right now. One, whoever uses it must partner up with an existing dealer / Broker or ATS and how does that affect the liquidity of their stock. Second, those shares a company puts into the trading platform is "...distinct market from the OTC Pink..." thus again creating liquidity problems. Who here would trade such a stock let alone pay a fee to do so. There is absolutely nothing wrong with the way stock is traded currently and that technology's development is fluid.



Top 20 Blockchain Platforms in 2024
https://www.knowledgehut.com/blog/blockchain/blockchain-platforms


For the quarterly period ended September 30, 20
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm

BlackStar Digital Trading Platform TM
Background
BlackStar will continue to seek further input from various regulatory agencies and OTC Markets on the potential functionality and regulatory aspects of the BDTP over the next several months.. It will remain in the testing phase until we license the BDTP™ platform to a broker-dealer, clearing firm, and/or ATS.

We believe that the BDTP™ platform is compatible with the Depository Trust Company’s (DTC) Deposit and Withdrawal at Custodian (DWAC) service, which provides participants with the ability to make electronic book-entry deposits and withdrawals of eligible securities...

The core platform has been designed for initial use with BlackStar common stock and is thus the BlackStar Digital Trading Platform™ (BDTP). Our BlackStar Electronic Fungible Shares (BEFS) are proposed to be the initially traded securities on the blockchain on the BDTP™

Will the BEFS traded on the proposed BDTPTM trade at different prices than the OTC Pink?
Because it is a distinct market from the OTC Pink, where the common shares currently trade, there is a possibility that the prices reflected for the common shares will differ across the trading markets. BDTPTM, for instance, only accepts free trading securities (of BlackStar common stock) for cash and prohibits shorting. As a result, there could be a difference in price from one market to the next due to different liquidity in the markets as there are arbitrage opportunities in both separate trading venues.


BlackStar's Digital Trading Platform Concept Receives SEC Guidance in Q3 2020
Tuesday, 15 September 2020 12:00 PM

In July 2020, the Company presented the concept to SEC FinHub staff members for regulatory guidance and received the recommendation to apply for Alternative Trading System ("ATS") status.

BlackStar will continue to seek further input from various regulatory agencies and OTC Markets on the potential functionality and regulatory aspects of the BDTP over the next several months.




Bearish
Bearish

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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