BlackStar Enterprise Group Inc (BEGI)

[Bubae]

This trading platform is going no where. The SEC doesn't allow it too operate and all real world assets are going the route of tokenization. That is why Blackstar isn't attracting any real investors. This CEO has been reduced to borrowing from friends and associates according to the filings.


Bubae
Re: Savannah-Marc post# 14014
Tuesday, June 11, 2024 8:50:42 PM
Post# 14025 of 14167
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174583791

Sure looks that way Marc. Just not the way Blackstar proposes to do it which is why Blackstar isn't attracting investment capital. Heavy investment going into the tokenization of real world assets. The DTCC investment is the real deal, Blackstar has nothing to do with this space.

DTCC completes acquisition of tokenization solution Securrency
December 11, 2023by Ledger Insights
https://www.ledgerinsights.com/dtcc-completes-acquisition-of-tokenization-securrency/

Meanwhile, last year DTCC launched Project Ion, a post trade stock settlement solution. It runs in parallel with DTC’s classic settlement system which remains the system of record, presumably to adhere to SEC requirements. That solution runs on R3’s Corda enterprise blockchain.


Bubae
Re: burner67 post# 14055
Wednesday, June 19, 2024 7:23:06 PM
Post# 14057 of 14065
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174625818

...Comment segment on page 55 of the annual filing "...and ultimately SEC approval of our digital trading platform...." The lack of efficacy of the proposed trading platform has been an issue for years because of regulations governing securities. The CEO reveals this in the filings and used to comment on it in the printed pubic statements. But he is converting debt now so bringing the subject up is not conducive for share selling efforts. The problem is that he is getting very little debt relief relative to the shares issued for conversions....

Goldman Sachs to launch three tokenization projects by end of year, says digital assets chief
BYLEO SCHWARTZ
July 10, 2024 at 9:29 AM EDT
https://fortune.com/crypto/2024/07/10/goldman-sachs-launch-tokenization-bitcoin-etfs-crypto-mcdermott/