BlackStar Enterprise Group Inc (PK) (BEGI) News

As I've said before, I've owned this stock since its conception in 2007 as Blackstar Energy. I don't see much optimism for it unless a miracle happens and someone buys their product or patent. Prayers are in order.

Get your trash cheapies. Buy as much of this garbage as you can.

What a difference a year makes. This time last year CEO Joe was promoting with the many podcasts to move the shares at the time. People though his trading platform idea was about to take off. Still no annual filing to show what we already know. The legal fees alone over what what originally a principal balance of $33,682. Talk about one of the absolute dumbest decisions to take on GS capital over such a small debt. 🙄 The accrued legal fees would be well over $1 million now. Whos is going to pay that? 🤭 CEO Joe may well be out of business now. I have seen no evidence that they have been able to convert legal fees using the Section 3(a)(10) exemption from registration, but maybe they have. This is trash and always has been.

Bubae
Re: SorcererDiviner18 post# 15012
Sunday, December 22, 2024 9:41:45 PM
Post# 15017 of 15091
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175568459
What matters is that the ridiculous consequences of such huge accrued legal expenses over what was originally such a relatively small sum owed speaks to the incompetency of the management of this company. Now they are trying to unload the costs of litigation onto traders of Blackstar stock with the new dilution using the Section 3(a)(10) exemption from registration for more than $860K of what will be more than $1 million in new dilution converted at a steep discount to market. Blackstar last borrowed a total of $50K from two individuals in July. The cash balance of as of September 30th was $2,179. I see no new borrowing up to the release of the Q3 filing. People need to start buying those new shares in earnest or CEO Joes attorneys may take a hike. 😆

Loading!!!!!

Better Wake Up for the Shake Up
Going up

15 months after approval of their signature patent, Blackstar is not even using it to trade BEGI stock. And Joe said that would be Step 1. Why is that?

Joe's getting lots of calls 😅

It's fun to read the reasoning of people that still think this company is ever going to sell this product

nobody wants it.

Scenario
Patent Value Estimate (each)
Total for 6 Patents
Low (Speculative, pre-revenue)
$250K - $500K
~$1.5M - $3M
Mid (Some adoption/licensing traction)
$1M - $5M
~$6M - $30M
High (Widespread use, enforcement strength)
$10M+
$60M+ or more
Do you really think this company has no value?

Valuing patents—especially tech-focused ones like BlackStar Enterprise Group’s blockchain-based trading systems—can be complex and speculative without access to specific financials, licensing deals, or commercial traction. But I can give you a general framework and ballpark estimate based on key factors:

?

1. Key Value Drivers
• Patent Breadth & Strength: Their patents are in a hot area (blockchain + securities trading), which adds strategic value. They’ve secured multiple patents forming a “family,” which strengthens their IP position.
• Market Potential: If these patents are adopted (or licensed) by broker-dealers, exchanges, or financial platforms, the revenue potential is significant. The U.S. securities market alone handles $100+ trillion in trades annually.
• Enforceability & Uniqueness: If the tech is hard to design around and truly innovative, it could create a strong licensing or defensive moat.
• Commercial Use or Licensing Deals: If BlackStar is already licensing or partnering these patents, their value increases significantly.

Okay big talkers. Here you go

BlackStar Enterprise Group, Inc. has developed a portfolio of patents focused on integrating blockchain technology into securities trading and corporate governance. Below is a summary of their patents: ?
1. System and Method for Matching Orders and Immutable Blockchain Ledger for All Customer Trading Activity with Settlement into the Broker Dealer Ecosystem
• Patent Number: 11,854,080 ?
• Issue Date: December 26, 2023 ?
• Summary: This patent covers a system that enables the trading of regulated equities on an immutable blockchain while integrating with the existing brokerage ecosystem. It allows customers to place orders, bids, or offers, which are then recorded and used to facilitate transactions between buyers and sellers. ?
2. System and Method for Preparing for a SEC Financial Statement Audit by Recording Corporate Governance Information on an Immutable Blockchain
• Patent Number: 11,966,974
• Issue Date: April 23, 2024 ?
• Summary: This patent pertains to recording corporate governance information on a blockchain to assist public and private companies in organizing and preparing for financial audits. The immutable nature of the blockchain ensures the integrity and transparency of the recorded information. ?
3. System and Method for Facilitating a Public Offering on an Immutable Blockchain Provided to Eligible Qualified Investors Based Upon Priority of Interest
• Patent Number: 12,086,880
• Issue Date: September 10, 2024
• Summary: This patent describes systems and methods for facilitating public offerings on a blockchain. It allows for hosting indications of interest for potential offerings and establishes a prioritized list of eligible investors based on the recorded time and date of their interest, ensuring a fair distribution of securities. ?
4. Systems and Methods for Using a Digital Trading Platform to Trade Securities on a Blockchain
• Patent Number: 12,079,872 ?
• Issue Date: September 3, 2024 ?
• Summary: This patent covers a system and method for trading securities on a blockchain. Users can place orders, bids, or offers, which are encrypted and entered into the digital trading platform to facilitate spot market transactions between buyers and sellers. ?
5. Systems and Methods for the Trading of Registered Equities on an Immutable Blockchain with Settlement into the Broker Dealer Ecosystem
• Patent Number: 12,131,383
• Issue Date: October 29, 2024 ?
• Summary: This patent discloses a system and method for trading registered equities with the Securities and Exchange Commission on an immutable blockchain, integrating with the existing brokerage ecosystem. Customers can place orders, bids, or offers, which are recorded and used to facilitate transactions between buyers and sellers. ?
6. Systems and Methods for the Regulated Trading of Registered Equities with the Securities and Exchange Commission on an Immutable Blockchain with Settlement into the Broker Dealer Ecosystem
• Patent Number: 12,112,380
• Issue Date: October 8, 2024
• Summary: This patent describes a system and method for the regulated trading of registered equities with the SEC on an immutable blockchain, integrating with the existing brokerage ecosystem. Customers can place orders, bids, or offers, which are recorded and used to facilitate transactions between buyers and sellers. ?

These patents reflect BlackStar’s commitment to leveraging blockchain technology to enhance the transparency, efficiency, and security of securities trading and corporate governance processes. ?

That you seem to be obsessed with for some reason?

Teeny tiny PEnNIeS….sounds like what you and bub are working with

You mean teeny tiny fractions of pennies lolol

Suck PEnNIeS

Anyone that puts money into this company at this point needs to have their head examined

Nothing has changed here with the exception that chatty CEO Joe is not to be heard from anymore. Only 60,200,000 shares added to the outstanding share count since November 15th. All of those notes that CEO Joe had taken out must be in default now to say nothing about the legal fees in the accounts payable that must be well over $1 million now. Many months of nothing about the patents that we knew were shite from the beginning. CEO Joe hasn't been able to execute on that section 3(a)(10) dilution. Can't wait to see the annual to find out why. 🤭This ticker is trash of the highest order.

Bubae
Re: None
Friday, January 03, 2025 2:49:54 PM
Post# 15034 of 15076
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175617353
New outstanding share count update. No change. I'm beginning to think CEO Joe will not be able to pull off that section 3(a)(10) dilution. Either way it is bad news for shareholders. The account payable that were to be converted is mostly legal fees. Attorneys normally like getting paid. That account was more than $1 million at the end f Q3. Screen shot of the December 13th update which was posted on the 26th below.

I wonder if BUB is going to the bank to get some money to invest in BEGI!

LOL wouldn’t be a bad idea though.

is the fronting running still happening?

4th Quarter 10-Q?

And how will that change the fact that no one is buying their product? Sure, maybe the court case is scaring off new investors. But if the technology is as good as you all say, people would be using the technology regardless of the court case. And that isn't happening even though Joe was getting 'lots of calls'.
To me that says a lot.

Keep buying Marc. You may make millions

Hopefully the Supreme Court will issue a decision soon. BEGI's briefs are well written and very persuasive. GS Capital's brief is horrible. It looks like it was written by a 5 year old who is mad they were caught stealing cookies out of the cookie jar. I'm obviously a little biased in favor of BEGI, but it looks like GS Capital just gave up. The brief was so poorly written...

The front running in anticipation of Blackstar recieving some substantial money from the outcome of this case will be epic!!!

Blackstar filed the final brief, now either a settlement or a NV Supreme Court decision will be rendered. We should be hearing something very soon ; )

Hopefully we find out tomorrow

I don’t the court answer? What did it say?

I bought my tickets to the fireworks show. I really really enjoy making money . . .
https://caseinfo.nvsupremecourt.us/public/caseView.do?csIID=68335
https://nvcourts.gov/supreme/decisions/advance_opinions

I would love for it to succeed because I have friends that own it. This company is basically sitting idle. No sales, no subscriptions and not a peep from the CEO in months. That says a lot.

The question was for people that might actually want this company to succeed. But it is nice to see a familiar basher is still lurking around

Heck no. Not until this company starts generating some income, which by the looks of it, may never happen.

Two day until court decision. Will you get more shares while they are still cheap ?

is this company operational anymore?

Anyone seen any PR releases, company statements or announcements?

BEGI is down 70% from the .002

CEO Joe is going nowhere with that section 3(a)(10) dilution plan to pay the bills. Screenshot of OS in early December and links in post# 15034. Blackstar not only has those accumulated legal fees in the accounts payables but also many notes that are now well past due. Not a peep from this chatty CEO who ran a slew of infomercials the first half of 2024 selling the dilution. 🤔 Maybe those attorneys who aren't getting paid have turned the table. 😆


Bubae
Re: None
Friday, January 03, 2025 2:49:54 PM
Post# 15034 of 15057
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175617353
New outstanding share count update. No change. I'm beginning to think CEO Joe will not be able to pull off that section 3(a)(10) dilution. Either way it is bad news for shareholders. The account payable that were to be converted is mostly legal fees. Attorneys normally like getting paid. That account was more than $1 million at the end of Q3. Screen shot of the December 13th update which was posted on the 26th below.

There you go again when you think no one is watching. You know well that Blackstar's method patents have nothing to do with tokenized assets. That is the problem. The industry has no use for CEO Joe's plans.

For the fiscal year ended December 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm

Page 6
References throughout this registration statement to “digital shares” and similar terms refers to the typical way securities are held and traded and is the same as DTCC eligible book entry securities. We are not attempting to “tokenize” securities,

Page 17
It will remain in the testing phase until we license the BDTP™ platform to a broker-dealer, clearing firm, and/or ATS. The BDTP™ platform is not designed to support transactions in any tokens, faux currencies, coins, crypto or any crypto related assets...

Page 18
Our BlackStar Electronic Fungible Shares (BEFS) are proposed to be the initially traded securities on the blockchain on the BDTP™ platform...

The BEFS are not “tokens” or “crypto tokens”. A “token” is generally understood to be a unit of value that blockchain-based organizations or projects develop on top of existing blockchain networks....

Page 19
We are not seeking to create “tokens,” but rather to have a system which allows the trading of well recognized corporate shares established under state law.

The BDTP™ platform is not currently operational for any securities and any such securities must first be registered with the SEC under the Securities Act or have an available exemption from registration...
Page 20

Are the BEFS crypto assets or tokens?
The proposed BDTP™ is designed to trade existing shares of common stock (in an electronic form) and NOT crypto assets, cryptocurrency, or tokens. We are not attempting to “tokenize” securities,...

Page 38
The Company does not operate in the crypto asset markets, does not have crypto asset holdings, and is not proposing to participate in the crypto asset industry, including crypto securities, crypto currencies, and tokens. The use of a blockchain in our proposed platform often gets conflated with crypto asset markets due to blockchain’s use in those industries as well.

Take a look at my post history the last 6 weeks. Pretty infrequent. Q4 financials will be fun to look at. When are you getting this back over 20?

If this is the future, then Blackstar will def be a part of it.
https://www.msn.com/en-us/money/news/blackrock-ceo-fink-urges-sec-to-rapidly-approve-tokenization-of-stocks-and-bonds/ar-AA1xJQba

Why, are you jealous, you sure do like hanging out on this obscure message board about a small unknown company for someone who isn't a shareholder.....

Forget the OTC. All the liquidity is over at crypto. There is zero whale interest in the OTC any more.

Agreed. Let’s see where it will be in summer.

Having lunch with Joe K?

Where is Savannah-Marc the miracle-working prophet ?........LOL !!!

Great investment lolol

Me

Anyone who still believes in this company is naive. Don't take it personally. He's had the patent for over a year now. Absolutely nothing going on. Remember when he said many months ago that he was getting 'lots of calls'? Well?

You’re so wrong! Things take time. And time will tell.

I think you're right. I saw his name on the filing but it was Joe's home address. I got mixed the F up lol.