Replies to post #6484 on BlackStar Enterprise Group Inc (BEGI)

[glens0]

Looks like a GREEN opening today.

[Bubae]

I appreciate the sarcasm. If the facts from the filings "scare" that is on the company, I do not create the information. Now the magnitude of the potential fear is directly related to the heights of this price level relative to where it should be. This didn't trade at $0.0003 in October just before this run up for no reason. The company didn't double their share count at $0.00017 a share for no reason. They didn't file a regulation "D" offering in May, get their S-1 offering in order on July 5th, issue eight million shares to company principles on July 1st and issue 698 million shares to be ready for this launch for no reason. They know they need to take advantage of this run. As far as scaring current holders of this stock, who cares. It matters not what current holders do, what these toxic conversions need is volume with new money, and lots of it.

Thanks to you, every single investor here is well aware of the intricacies of the filings, so there is no one left to scare. I actually thank you for that because it makes for an easier move up.

The SEC is widening its war on toxic funders
Published on August 24, 2021
https://www.linkedin.com/pulse/sec-widening-its-war-toxic-funders-steve-taylor/

...Section 17(b) of the Securities Act of 1933 requires anyone that is paid to promote a stock must disclose the amount of the payment and who paid them. This is probably the most violated SEC regulation, which is not a surprise as it is also the least enforced. Toxic funders routinely pay promoters to pump the stocks in which they are funding. ...

...To make money on their toxic convertible loan, these funders require volume to dump into. Lots of volume, because they have a lot of stock to sell. Thus the need for lots of promoters, most of whom are non-disclosing as telling the public they are getting paid to pump, and who paid them to do it, would scare even the most die-hard penny plunger away....

...The SEC seems to feel that if people are making inaccurate, or even false, statements about the company online, whether inadvertent or intentional, then the company needs to know about it and possibly address them...