Replies to post #12154 on BlackStar Enterprise Group Inc (BEGI)

[mretgnol]

BEGI has not ever fleeced any investors

The guy who started this company, Todd Lahr, literally went to prison for stealing funds from his law firm clients while running Blackstar. BEGI, has massively fleeced their investors by running a long-term pump and dump by cutting PIPE deals with known boiler room funders. Todd reverse split the original shell and then tried to scam investors telling people this corp would stay above $5 from their supposed merchant banking and renewable energy projects he was going to do.

A company that knowingly cuts PIPE deals, has no actual office, pays themselves salaries from the PIPE proceeds is fleecing their investors. Period.

what a cheap slam against the inventor of these patents

"'Patents". LOL. These patents are sheet. This pump and dump literally mirrors what Peter Jacobs once pulled over on SunnComm where his "patents" were going to end music piracy. Until a teen hacked his sham software within days of release.

The Depository Trust is already working on an actual blockchain tech to handle future securities settlements. Not a bogus software hosted on an Amazon server. 90 percent of you here do not understand the difference. These guys could have created an actual blockchain if they were actually trying to run a legit company.

The DTCC will have zero to do with this company and that's why Blackstar cannot even try to make a public claim of doing so.
https://www.dtcc.com/news/2023/october/19/dtcc-signs-definitive-agreement-to-acquire-securrency-inc

BEGI's patents directly oppose Death Spiral Financing

Since Day 1 when Todd tried to pump this crap, this company has done nothing but cut repeated deals with PIPE funders and used those funds to pay themselves salaries. WHo the hell do you think Adar Alef is?Aryeh Goldstein finally got popped by the Securities and Exchange Commission for being an unregistered boiler room turdbag. A fake "discount" broker whose reputation for being a PIPE funder was known.

https://www.sec.gov/litigation/litreleases/lr-25930

That's why BEGI went to him for funds. If BEGI had anything of worth or potential, there would be deep pocketed Silicon Valley and Wall Street companies begging to get in here. Not con artists offering sleazy PIPE deals.

You ever make any efforts to see who runs the bogus GS Capital LLC PIPE group? They are literally running a sham company that plays off the Goldman Sachs GS Capital. Ever reverse search the address on the GS Capital supposed "office"?

This is your supposed office for the huge funder at GS Capital LLC:

https://streeteasy.com/building/30-washington-street-brooklyn/5l

What the heck do you think SE Holdings, LLC is?
They use a postal drop box in Las Vegas.
https://www.postalannex.com/location/las-vegas/47

What kind of lending do you think 1800 Diagonal Lending offers? Sure as hell not your local SBA lender. Ask Curt Kramer how many different company names he has used over the years for his PIPE funding companies. He's been doing this since he was busted by the SEC back in 2013.

https://www.sec.gov/news/press-release/2013-249
https://www.sec.gov/Archives/edgar/data/1532595/000168316822003239/sincerity_ex1001.htm

Please be honest

Lol. You are literally one of the most clueless and ignorant posters on this message board. If I dig back thru the filings, there are three other PIPE groups that BEGI did deals with, one that was also popped for being a penny stock boiler room.

If BEGI ever tries to make a market for shares of any company outside of allowed Securities and Exchange Commission rules and regulations, this company will get trounced by Matthew Scarlato of the Securities and Exchange Commission.

[Bubae]

Still don't believe this is a con after last Fridays action? Looked like a serious fleecing to me. Pump and dumps are not legal unless you are a company collaborating with a toxic lender. Rare to see paid infomercials with the CEO pumping his stock. Rare to see such an obscene spread between conversion price and trading price. With that kind of profit these toxic lenders can pay for these flashy marketing spots. Off that 698 million shares priced at an average of $0.00017, 1 million shares priced at $0.0019 is $1900. The company got $170 of debt relief. Now consider that the rest was converted between here and a penny. More to conversions to come and they are even priced lower. Expect more infomercials. What happened Friday is exactly what they needed. That is high volume without price destruction.

BEGI has not ever fleeced any investors, what a cheap slam against the inventor of these patents.

who then promptly tried to sue him for hundreds of millions of shares priced at .00002 instead of the cash. That seems to appear as the work of criminal enterprise.