BlackStar Enterprise Group Inc (BEGI)

[Bubae]

Blackstar included that statement about private placement of stock since 2019 in all their filings. I list all of these in post# 13961 with links. For a stock that is heralded as a "Revolutionary Digital Trading Platform" it isn't attracting any private investment. According to the annual with links to the information in post# 13991 linked below the $400K of new financing for 2023 was "...All of the individuals and/or entities listed above that purchased the unregistered securities were all known to us and our management, through pre-existing business relationships, as long-standing business associates, friends, and employees..." Yes friends and associates and they were handed some sweet notes. 71,250,000 restricted shares vesting between now and the end of June are the free shares and interest issued on those notes. You can bet that the CEO will do what he can to help them out.

As per the 10k: “The Company plans to offer its Private Funding and Corporate Governance Blockchain to individual private companies in 2024.”

Bubae
Re: None
Monday, June 03, 2024 8:54:12 PM
Post# 13961 of 14075
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174537254

Blackstar has been reduced to actively promoting to move the conversions priced as low as $0.00006 a share. It would seem that real investors conduct actual due diligence which is why Blackstar has been unable to attract anything other than penny flipping gamblers for their stock.

Bubae
Re: None
Sunday, June 09, 2024 6:29:10 AM
Post# 13991 of 14075
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174568638

Follow the money. While the CEO has been using the infomercials to promote the sales of the obscene debt conversions to OTC retail traders he isn’t attracting any investors. Even the toxic note holders are now taking a pass with one in a lawsuit and two others still owed $584,079 in principle earning 24% interest and have been in default since 2022. The short term notes of the past year have been from those personally known by the CEO but they aren’t buying preferred shares. They got pretty good deals on those nine month notes. 71,250,000 of those shares went restricted before December 31st "...as consideration for entering the note agreements in 2023..."