Replies to post #14132 on BlackStar Enterprise Group Inc (BEGI)

[Bubae]

Could be that the audit is a bit of a problem since the last accounting firm violated rules and is banned "...appearing or practicing before the SEC" . Speculating doesn't answer the more troubling question. That being, why has the CEO not commented? They have had a new accounting firm since June 3rd according to the latest 8K filing. Could they not a least roll out the Q1? This is beginning to smell more than usual. 😆

Form 8K
Date of report (Date of earliest event reported): May 3, 2024

On May 3, 2024, the Board of Directors of Blackstar Enterprise Group, Inc. (the “Company”) approved the dismissal of BF Borgers CPA PC (“BF Borgers”) as the Company’s independent registered public accounting firm. On May 3, 2024, the Securities and Exchange Commission (the “SEC”) announced that it had settled charges against Borgers that it failed to conduct audits in accordance with the standards of the Public Company Accounting Oversight Board (the “PCAOB”). As part of the settlement, Borgers agreed to a permanent ban on appearing or practicing before the SEC. As a result of Borgers’ settlement with the SEC, the Company dismissed Borgers as its independent accountant.