Replies to post #13342 on BlackStar Enterprise Group Inc (BEGI)

[Bubae]

The SEC is in the patent business now? The SEC regulates securities and the rules do not allow the use of Blackstar's trading platform. The SEC has been moving to address the toxic conversions since 2022. I talk about this in post# 13334 which explains why these lenders are likely observing the 180 day holding period and why this stock will see a lot of new shares coming into the market the second half of 2024.

Blackstar signed those agreements. Blame the toxic lenders for cashing in not the CEO who signed the agreements and the later actually contracted for MORE shares to pay for the media promotions to move those conversions for maximum effect. See any price appreciation after the three infomercials since the beginning of the year? Nope, what they got was the volume needed to move shares at a very healthy price relative to their conversions price. I have to commend this CEO for stuffing the pockets of those you complain about with retail trading losses. Can't make this stuff up. 😆

..that is exactly why the SEC gave our CEO all the patents in the 1st place.

....that's why they sued for shares over cash, shares they can dump on the backs of retail retail again, it's a mafi* style system literally robbing tens of 1000's of investors for virtually decades out of tens to hundreds of billions.

For the fiscal year ended December 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm
Page 57
Liquidity and Capital Resources
.... the Company issued, as partial consideration, 25,000,000 shares of its common stock (valued at $100,000) to a media consulting firm for investor relations services under a six-month agreement through May 2024.

...Why leave Death Spiral Finance around to wreak havoc as the cost of high dollar A.I. gets cheaper where they start having capability like Forbes, and Buffet and Friends could when they 1st started using it in earnest 7 yrs ago...

Bubae
Re: SorcererDiviner18 post# 13332
Saturday, April 27, 2024 5:34:47 PM
Post# 13334 of 13347
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174317005

The SEC has been working on Rule 144 holding period amendments for some time. These amendments were to be formalized April 2024 and are now scheduled for October 2024. This rule 144 holding period amendment will codify what the SEC has been enforcing since 2022 charging toxic lenders with failing to register as dealers. This is why I believe that the share dumps at the end of 2023 and through Q1 2024 were the result of shares converted in Q2 and Q3 2023. That nearly 500 million new shares for 2024 will begin to hammer this into a pulp starting the end of June after the 180 day holding period from what I see.