Bubae
15 hours ago
We know Marc, your love of this stock is legendary. 🙄 From your claim to own a ...sizeable amount of the float... when this was trading above a penny in November to your quest to buy a seat on the nonexistent board in February. Your timing is fantastic. We all know about the hundreds of millions of shares dumped in late 2023 to spoil your float ownership. Your post on February 20th just a few days after GS Capital had 257,704,832 shares to dump priced at $0.00006 after the stay expired on February 15th. Might need to mortgage the house because the two defaulted notes that matured two years ago held by Adar Alef and SE Holdings total $584,079 in principle earning 24% interest and have been in default since 2022. We also know that these toxic lenders have been dumping their shares immediately.
Savannah-Marc
Re: None
Tuesday, February 20, 2024 3:35:45 PM
Post# 11777 of 13844
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173885877&txt2find=board%2Bseat
I hold one other stock and if it goes big time in regard to share price then I am using the profit from that to buy more BEGI shares! My dream is to buy so many shares that I earn a board of directors seat!!!Savannah-Marc
Re: ice trader post# 4303
Wednesday, November 29, 2023 10:33:21 PM
Post# 4442 of 13310
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173325037
My dude, if you sold out of BEGI and stated you moving on, then why the fock you still here pissing and complaining and trying to shoot down Blackstar. Are you trying to save the little guy investor and make us beware the Blackstar or are you really just trying to scare up more shares and knock the price down??? The more you bash, the more I make, I own a sizeable amount of the float. Your fear tactics only encourage those like me to hold and accumulate more shares.
BLACKSTAR TO $5 A SHARE!!!!!
PLEASE BASH BEGI MORE, IT ONLY SHOWS THAT YOU'RE HERE AND WITH AN AGENDA!!!!!
Bubae
Re: Short Squeeze post# 13808
Monday, May 13, 2024 7:36:24 PM
Post# 13817 of 13844
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174409805
Three conversion possibilities for this period to the end of June when those restricted shares that were issued in Q4 2023 are ready. The Adar Alef and SE Holdings notes total $584,079 in principle earning 24% interest and have been in default since 2022. Those two notes have until the 15th to lock in their conversions at $0.00065 based on 50% discount to market based on conversion language for the past twenty trading days. After which the price has been rising so to does the conversion price. The balance of the GS Capital note plus interest which has a 50% discount to market based on the lowest trading price of the previous twenty days should also be available. Then there is the 52 million restricted that has vested which could be shares from the Form "D" registration filed in May 2023.
Bubae
1 day ago
It is a bit of a stretch to continue to call this a start-up. I would say that the trading platforms time is up at this point and the future, which is now, is tokenized stock on a blockchain which is not what Blackstar does. The best evidence is the fact that the CEO no longer talks about overcoming the issues preventing the proposed trading platform from operating. Five infomercials so far for 2024 and not word on any progress because it would seem to be a fact that their “BDTP ™” product will never be used in the market.
For the fiscal year ended December 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm
Page 5
BlackStar Digital Trading Platform TM (“BDTP ™”): a digital Electronic Fungible Shares trading platform enabling the trading of BlackStar common shares in electronic fungible form. (The BDTP™ has not been approved by any regulatory agency or broker dealer and is not currently operational.)
Page 36
Our plan to operate the BlackStar Digital Trading Platform ™ relies on our ability to enter into a license agreement with a broker dealer or an alternative trading system (“ATS”).
BlackStar's Digital Trading Platform Concept Receives SEC Guidance in Q3 2020
Wednesday, 16 September 2020 02:00
https://www.accesswire.com/606207/BlackStars-Digital-Trading-Platform-Concept-Receives-SEC-Guidance-in-Q3-2020
In July 2020, the Company presented the concept to SEC FinHub staff members for regulatory guidance and received the recommendation to apply for Alternative Trading System ("ATS") status. Given that guidance, we are evaluating our options for finalizing the BDTP, including exploring partnerships with existing ATS's.
BlackStar's Blockchain Equity Trading Proprietary Software May Be Innovative Solution for Regulators, U.S. Broker Dealers and Investors
Wednesday, 21 July 2021 10:03
https://www.accesswire.com/656459/blackstars-blockchain-equity-trading-proprietary-software-may-be-innovative-solution-for-regulators-us-broker-dealers-and-investors
For the last phase of the project, BlackStar is actively pursuing strategic relationships with various broker dealers and clearing firms to quote the stock and enable the platform to begin trading of registered BEGI shares, completing the final stages of our multi-year software engineering effort.
New to The Street TV Signs BlackStar Enterprise Group, Inc. to a 3-Month TV Series
June 02, 2022 09:00 ET
https://www.globenewswire.com/en/news-release/2022/06/02/2455264/0/en/New-to-The-Street-TV-Signs-BlackStar-Enterprise-Group-Inc-to-a-3-Month-TV-Series.html
BlackStar is developing the BDTP™ where our conceptual “Digital Equity,” if ever registered with the SEC and allowed to be traded by the SEC and FINRA, is proposed to be traded on the blockchain.
BlackStar Enterprise Group, Inc. Provides Corporate Update
Wednesday, 21 December 2022 12:00
https://www.accesswire.com/732798/BlackStar-Enterprise-Group-Inc-Provides-Corporate-Update
While correspondence with regulators continues, the Company feels considerable progress has been achieved, and we look forward to further communication from the SEC regarding the registration statement.
BlackStar Enterprise Group, Inc. Provides Registration Statement Update
Wednesday, 15 March 2023 10:30
https://www.accesswire.com/743761/blackstar-enterprise-group-inc-provides-registration-statement-update
However, there can be no assurance that such regulatory approvals will be obtained in a timely manner or at all....
...The BDTP™ is not yet functional and may never be functional....
Blockchain First Infrastructure Designed to Enable Public Company Common Shares to Trade as Digital Securities
Monday, 11 September 2023 09:29
https://www.accesswire.com/782422/blockchain-first-infrastructure-designed-to-enable-public-company-common-shares-to-trade-as-digital-securities
At this time, no ATS has committed to an arrangement. We intend to continue having discussions with various ATS's until we have secured an arrangement that will allow the BDTP™ platform to operate.
Bubae
2 days ago
How convenient. We may not see the Q1 for some time due to Blackstar using what appears to be a corrupt accounting firm.
NT - 10Q
https://www.sec.gov/Archives/edgar/data/1483646/000106594924000069/blackstarnt10qmarch2024.htm
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.
The Registrant intends to file the subject Quarterly Report on Form 10-Q on or before the fifth calendar day following the prescribed due date, however, given the extraordinary circumstances, the filing may be further delayed.
Bubae
2 days ago
There is no team at BEGI. It is a one man show producing infomercials, selling shares, back by a couple of consultants. There is no real business being conducted. He has however been fairly successful helping these toxic lenders realize obscene profits.
For the fiscal year ended December 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm
Page 14
NUMBER OF PERSONS EMPLOYED
As of December 31, 2023, we have no full-time employees and 2 independent consultants who act as our officers and directors on a part-time basis of up to 40 hours per week.
Bubae
2 days ago
My posts are for those new conducting their own due diligence. The words of the company can be powerful and those who have been promoting this for months are at a loss as to how to respond. Looking forward to the Q1 to see if anyone requested their conversions. I expect that they will file a late notice to hold off revealing what has been going on for as long as possible. One thing we have learned for certain since the beginning of the year is that this CEO has been working closely with these lenders to get the new shares into the market for the highest price possible. Blackstar on the other hand has been getting a pittance of debt relief relative to the profits being banked by these lenders.
Three conversion possibilities for this period to the end of June when those restricted shares that were issued in Q4 2023 are ready. The Adar Alef and SE Holdings notes total $584,079 in principle earning 24% interest and have been in default since 2022. Those two notes have until the 15th to lock in their conversions at $0.00065 based on 50% discount to market based on conversion language for the past twenty trading days. After which the price has been rising so to does the conversion price. The balance of the GS Capital note plus interest which has a 50% discount to market based on the lowest trading price of the previous twenty days should also be available. Then there is the 52 million restricted that has vested which could be shares from the Form "D" registration filed in May 2023.
Bubae
Re: None
Wednesday, May 01, 2024 6:11:13 PM
Post# 13480 of 13815
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174341318
Those notes can convert at 50% discount to market calculated from the average of the three lowest closing bid prices for the previous 20 days. The three lowest closing prices going back to April 18th is $0.0014 for an average closing bid price of $0.0013 or a calculated 50% discount conversion price of $0.00065. With the 4.99% equity blocker at the current outstanding shares count they could convert as many as 86,841,815 shares per tranche. That is potentially two lenders doing this.Bubae
Re: None
Monday, May 13, 2024 8:36:38 AM
Post# 13792 of 13814
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174404187
I see no reason why GS Capital couldn't request conversions for the balance of their principle plus interest on their October 11th 2021 note which is the subject of the lawsuit. That note converts at 60% discount to the lowest trading price of the previous 20 trading days. Going back 16 days we have a low of $0.0013 which would give them a conversion price of $0.00052.Bubae
Re: burner67 post# 13724
Tuesday, May 07, 2024 10:14:24 PM
Post# 13728 of 13814
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174376080
We are looking at a bit more than the 153 million shares that went restricted at the end of 2023 that will be vested by the end of June. That 153 million shares represents the 25 million issued for the media contract, 71.25 million issued financing fees for loans, and the 56.79 million issued for warrants.
Bubae
3 days ago
I can read filings and I know a share selling scheme when I see one so you would be wrong about my contributing to the losses here. My posts below on November 27th when this was trading at the 52 week high of $0.0128 while everyone was hyperventilating over this. Do you realize the scale of retail losses here that went directly into the accounts of these toxic lenders converting as low as $0.00006?
Bubae
Re: AKATITUS post# 3859
Monday, November 27, 2023 12:01:19 AM
Post# 3862 of 13802
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173298613&txt2find=think%2Bpass
I just see promotion here based on a "system and method" patent that looks dubious to me in terms of monetization. I would have to agree with that poster. I think I will pass, frankly I believe you have seen your run. Between those conversion shares and those who want to lock in their gains, when it turns it will likely turn hard. Just another view point to temper the emotional fervor. This is the OTC when it looks too good to be true you can bet your losses that it is. Bubae
Re: dinogreeves post# 4025
Monday, November 27, 2023 6:47:51 PM
Post# 4026 of 13802
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173305774&txt2find=Kool
Wow, the cult of believers here is very Jonestown-esc. Kool-Aid anyone?Bubae
Re: starkd748 post# 4001
Monday, November 27, 2023 4:51:21 PM
Post# 4007 of 13802
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173305051
Easily in my opinion looking at the debt conversion numbers. Average conversion price as low as .00017 shows that the company made some bad debt finance deals.
Bubae
3 days ago
This CEO is in full blown method patent promotion mode. Anyone see the latest press release dated May 9th? Helps to explain where the new money is coming from. Looks like a modification of the trading platform to promote. Never mind that they aren't allowed to use it or that they never mention it in their adds anymore. The quarterly will likely be filed late. They won't show their hand until they absolutely need to. Looking forward to what conversions he is promoting now. The game with the OS updates several days apart makes more sense with the context of the new press release. As in December they update showing zero shares before they issue more. Expect another infomercial because he has more shares to move. We are either looking at the large defaulted Adar Alef and SE Holdings notes or more of the GS Capital note that is the subject of the lawsuit.
BlackStar will Receive another Patent on its Revolutionary Digital Trading Platform: A Blockchain Encrypted Infrastructure Designed to Enable Securities to Trade on a Blockchain
Thursday, 09 May 2024 09:00 AM
BlackStar on 05/06/2024 received a ‘Notice of Allowance' from the United States Patent and Trademark Office (USPTO), U.S. Patent Application No. 18/415,938 Title: "Systems And Methods For Using A Digital Trading Platform To Trade Securities On A Blockchain."
For the fiscal year ended December 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm
BlackStar Digital Trading Platform TM (“BDTP TM”): a digital Electronic Fungible Shares trading platform enabling the trading of BlackStar common shares in electronic fungible form. (The BDTP TM has not been approved by any regulatory agency or broker dealer and is not currently operational.)
Bubae
Re: None
Monday, May 06, 2024 7:31:53 PM
Post# 13706 of 13799
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174368518&txt2find=share%2Bupdate
Today they updated the share count again dated for Friday the 3rd showing a zero increase. So why not on Friday the 3rd did they not date it the 3rd rather back date it to April 26th.
Bubae
3 days ago
Judge for yourself. 🙄 "The BDTP™ has not been approved by any regulatory agency or broker dealer and is not currently operational" This has been the case for years. But it doesn't deter the CEO from promoting it in the infomercials. Maybe he should add that disclaimer before saying what they plan to do with it? Maybe? Hmmmm 🤔 Meanwhile they have a media contract through the end of May so lets get some new shares sold.
For the fiscal year ended December 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm
Page 5
Definitions
As used throughout this Report, capitalized terms used but not defined herein shall have the meanings assigned to such terms in the filing. The following terms shall have the meanings set forth below, unless the context clearly indicates otherwise:
BlackStar Digital Trading Platform TM (“BDTP ™”): a digital Electronic Fungible Shares trading platform enabling the trading of BlackStar common shares in electronic fungible form. (The BDTP™ has not been approved by any regulatory agency or broker dealer and is not currently operational.)
BlackStar Enterprise Group, Inc. Provides Registration Statement Update
Wednesday, 15 March 2023 10:30 AM
https://www.accesswire.com/743761/blackstar-enterprise-group-inc-provides-registration-statement-update
However, there can be no assurance that such regulatory approvals will be obtained in a timely manner or at all.
We believe it may take an additional six to nine months to address SEC comments and questions, and there is no assurance that we will be successful in our shares being approved or cleared for trading on our BDTP™ platform. The BDTP™ is not yet functional and may never be functional.