Another infomercial. I see a couple of new comments. "...the Company would like to have its blockchain platform run on Global X," and "The Company will recapitalize itself..." Pay attention to that one. They are in full blown debt conversion and capital funding mode. They will easily blow out this share structure going forward even without the help of the lawsuit for another 700 million shares. He even mentions the S-1 offering that received its notice of effect in July 2023 which advertises the need to move more than $800K of debt. Better hope that these infomercials attract the liquidity needed because if it doesn't they will take it down to get those new shares sold. One thing is for certain, comments like "would like to" or "we intend to" doesn't overcome the regulatory issues that he will certainly not talk about once again. He is even now trying to conflate the trading platform with what is going on with the cryptocurrency market which they say in their filings that one has nothing to do with the other.🤣Good Luck!
Joseph Kurczodyna, CEO of BlackStar Enterprise Group, Inc. (OTCPINK: BEGI) ($BEGI) from the Nasdaq MarketSite Studio, sits with New to The Street's TV Host Jane King. BEGI created a digital blockchain platform to revolutionize three financial sectors: digital trading, capital raises, and corporate governance. Joseph talks about pending patents, its recently issued 20-year US Patent, and its significance for the Company's business. With the USSEC giving Bitcoin ETF approvals, the marketplace is opening for more blockchain innovations. BEGI created its BlackStar Digital Trading Platform (BDTP™), a centralized blockchain platform for digitally trading public companies' stocks. Joseph approached the USSEC about the platform a few years ago, and the USSEC approved him to develop a demo platform to show how the blockchain concept works. It took him two years to build the demo, and then the USSEC took two more years to review the demo platform. The Company made a complete 1933 Registration Statement (FORM S-1), fully outlining the Company's business, which was approved in July 2023 by the USSEC. BDTP™ is a centralized blockchain that can fully integrate into a stock broker’s trading platform, meeting or exceeding US SEC and FINRA regulatory requirements and trading compliances. BEGI can operate without human interaction, with the blockchain recording all trade transactions. In the future, the Company would like to have its blockchain platform run on Global X, a fully automated stock trading platform. The Company will recapitalize itself and seeks strategic partners to mainstream its platform. Viewers can learn more by visiting the BlackStar Enterprise Group, Inc.'s website, https://blackstareg.com/.
THE COMPANY MAY FACE REPUTATIONAL HARM, LOSS OF FINANCING, STOCK PRICE VOLATILITY, AND/OR LOW DEMAND FOR SERVICES BY PROXIMITY TO THE CRYPTO ASSET MARKET.
The Company does not operate in the crypto asset markets, does not have crypto asset holdings, and is not proposing to participate in the crypto asset industry, including crypto securities, crypto currencies, and tokens. The use of a blockchain in our proposed platform often gets conflated with crypto asset markets due to blockchain’s use in those industries as well.
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