BlackStar Enterprise Group Inc (BEGI)

[Bubae]

I guess the Blackstar Digital Trading Platform itself isn't a component? Is that the latest slight of hand there? The system and method patents that Blackstar manages to get past the patent office appear to be so basic that they can pretty much pencil anything into the template. It didn't take long to get the "corporate governance" idea through and next is capital fund raising? "...Significant elements of our intended products and services are based on unpatented trade secrets and know-how..."

A good narrative for selling shares I guess. We have had four infomercials since the beginning of the year. There have been 495,744,512 new shares added to the outstanding share count since the beginning of 2024. Of those 195,620,499 shares were issued at a price of only $0.00006 per share. Links showing that the BDTP has been promoted for years in post #13084.

Corp Gov Feature (on the blockchain) is stated to be the first component of BDTP TM to be rolled out.

Bubae
Re: SorcererDiviner18 post# 13082
Thursday, April 18, 2024 4:12:42 PM
Post# 13084 of 13259
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174265205

Blackstar's app is trash that they aren't even allowed to even use themselves. I'm not going down the rabbit hole for product that has no viability and discuss it as if it were legitimate. You would think that Blackstar could pay for a relationship with a dealer / broker or ATS just for the the next share selling infomercial value. The underlying issue from what I see is not the relationship which should be easy rather it is that the SEC simply won't allow it.

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

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.