Replies to post #12068 on BlackStar Enterprise Group Inc (BEGI)

[burner67]

So far, no demand. No subscriptions that he said he was going to sell to publicly traded companies and no buyout, which pumpers here have been spouting before and after the parent issuance.

[Bubae]

Actually it would appear that no one does want to deal with Blackstar's trading platform idea. Blackstar has been talking about getting their own shares on their patented trading platform for years and is still unable to do so. I talk about this in post # 11917 including the CEO's comment on this subject in the first infomercial with links.

In 2020 the SEC gave Blackstar guidance on what they needed to do to use their platform idea. However if everyone who may want to use the trading platform idea needs to apply for Alternative Trading System ("ATS") status, then of what use is it? Two paid infomercial interviews with the CEO and he doesn't mention the subject though according to the company's own print "The completion of our software platform depends on our ability to license it to an existing Alternative Trading System (“ATS”)..."

Bubae
Member Level
: kid biscuit post# 11912
Wednesday, February 28, 2024 6:16:48 PM
Post# 11917 of 12074
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173939968

A 2021 press release linked below describing what the proposed trading platform was supposed to do. Go to the first paid infomercial linked below starting about 11:20 into the segment the CEO talks about first getting Blackstar's stock trading on the platform. They have been talking about this for years, since 2020. Post #8197 linked below talks about this complete with links to the S-1 filing and press releases talking about this point. No mention in either of the two interviews as to why they are still unable to get this done.

Bubae
Member Level
Re: kid biscuit post# 8965
Sunday, January 07, 2024 3:56:27 PM
Post# 9006 of 12074
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173579022

The last time this had a close above a penny was February 2022. There was only 174 million shares at that time and this same story was fresh then. They commented on the need to register as an Alternative Trading System ("ATS") in the annual filing for 2017. September 2020 they received guidance from the SEC "...to apply for Alternative Trading System ("ATS") status.". Now in September 2023 they can do no better than to say "We intend to continue... and "We currently intend to seek..." when talking about this subject. Statement in the Q3 2023 filing "The completion of our software platform depends on our ability to license it to an existing Alternative Trading System (“ATS”)..."