BlackStar Enterprise Group Inc (PK) (BEGI) Quote

Liked "144 changes"

Liked "WITH"

my brother... cheers from Tucson,AZ.

you have had the same response...it's like....changes the subject, bash the CEO, bash the patents, bash the longs. Now its the SEC is going to get all the credit, totally leave BEGI out of the conversation. But this is the 1st time in history there has ever been a threat to toxic lenders...he should be elated. He won't acknowledge in any past conversations I've had with him anything of the sorts, he can only quip up just how worthless he thinks the patents are...that is exactly why the SEC gave our CEO all the patents in the 1st place. It will have the ability to choke Death Spiral Finance to death....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. They don't give a care about the company or investors. It's been going on for decades. It's going to be even more dangerous as these people get more A.I. integration. The SEC very well knows this. I could even see the Government even giving a massive grant to help it get developed. BEGI should address the Govt. on that very premise, its a very logical avenue to leave in place for a future funding development grant. 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.

...I've done the same...took a couple weeks off, shorten my time.

...that's exactly what non-stop innuendos of all types look and sound like....just the not so subtle banging of an all-bash war drum.

Everything you mention should be developed as the CEO makes a deal with larger investors to develop the trading system and subscriber base....The patents are truly here, so we are going into the next stage as of now. This is an investment, and great patents. They are good enough to take care of themselves with little a bit of TLC...not to mention, the float isn't very big.

I understand, there is a strange force attacking this company for some reason, the tactics change, but same overall bashing goals seems the same.....I still come by a day or 2 a week to respond a little bit to what I view as mayhem :)

BEGI: Patents here will give the ability to allow for direct investment, bypassing predatory lenders. Subscribers will be here sooner or later...and why not?

That's too bad you feel your posts are only truthful. Your motives betray you, when as you have said (A): "I have never bought any of these shares", (B): After multiple times asking you why you support Death Spiral Financier's in your posts, you never, ever, ever, ever, ever, ever answer my questions, but directly afterwards instead, attack the CEO with defamation of character, which he could sue you for. And attack all the long investors., (C): Refuse to accept the fact or discuss that BEGI actually has a very low float compared to all the rest of the OTC, and that even a float of 2 bill shares (which BEGI does not have) can easily surpass a penny and even hit silver as has been proven.,(D) After you bash and say at least 200 x's or more that the company is worth nothing, you immediately called the CEO a crook when he tried to pay off one the last notes to the Death Spiral Financiers in cash to settle the debt, which the lenders chose to reject in favor of suing in court and forcing the company to give them shares for the same amount they rejected, and the settlement which was based at 1/40th of the current stock pps. or approx.155 million shares at a price of .00006 pps.,(E) You always refuse to answer my question: "Why are they suing for shares instead of cash if the company is worth nothing, as you say ?",(F) You also refuse ever to answer my questions if you are working for the Death Spiral Finance company involved with BEGI, and if you receive any type of compensation from any source for the 1000's of post you make in spite of never ever having been a stockholder.,(G): You attack and demean the validity of other large investors now that the CEO is talking to them about advancing the trading platform to subscriber level and future revenue stream.,(F) You refuse to discuss the fact that if the shares can't be pushed into trips, it won't be as vulnerable to Death Spiral Financing, and the company and shareholders will no longer be hostage to them at 97% / 3% cash flow ratio in their favor. And in the future will be unable to exploit the company's years and taking the hard work of CEO creating the patents, or to dump on shareholders with free shares based at 2 1/2% or less the current pps of stock.,(G): You refuse to discuss: the idea I perceive of as Bank Robbery, that these friends of yours who you give support to and recently received shares at .00006. received 10 mill shares for every 600 bucks they loaned the company, which in turn they sell for $100,000.00 at just .01pps, almost a 20,000% profit, so truly it does look like bank robbery. Your friends overall as an industry have been taking 10's of billions from investors for decades.,(H) You refuse to discuss that this the 1st time in history the Death Spiral Lenders are danger of losing their monster trojan ponzi.,(I) You refuse to admit: "LONG live BEGI !"

There's a ton of quality DD.

Seems that I am the one who posts facts WITH links which makes my posts unassailable which is the reason you all focus on petty personal distractions. It takes a bit of work to dig up factual due diligence. I could give a rip what the DTC is doing and since you didn't provide any information for that either who cares. Recent SEC actions and pending rule 144 changes are what has put an end to immediate toxic share dumps.

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.


SEC Publishes Fall 2023 Regulatory Agenda
Posted on December 7, 2023
https://www.knowntrends.com/2023/12/sec-publishes-fall-2023-regulatory-agenda/

Selected Proposed Rules. In this Regulatory Agenda, the SEC has moved the target date for proposing rules for Corporate Board Diversity and the Rule 144 Holding Period, from April 2024 to October 2024,...


Stock Issuers & SEC Taking the Fight to ‘Toxic’ Lenders
Agency bringing actions against convertible noteholders for failing to register as dealers
by Howard Mulligan August 15, 2023 in Financial Services
https://www.corporatecomplianceinsights.com/sec-toxic-lenders/#:~:text=Since%20early%202020%2C%20the%20SEC,required%20by%20the%20Securities%20and

Since early 2020, the SEC has been investigating purchasers of convertible notes of issuers trading on OTC Markets Group and has initiated several enforcement actions against these noteholders for violations of federal securities laws, particularly failure to register as a “dealer,” as is required by the Securities and Exchange Act of 1934, as amended.

Still no replies to my other posts.

This will be my last post here.

No quality DD and waste of time.

You must have missed the news recently from the DTC.

Barely read the rest of this post as its jargon conjecture.

Pump and dump schemes have everything to do with the rules governing securities and the terms of the notes. They have nothing to do with Blackstar's product. Blackstar claims to be able to prevent short sales which has nothing to do with toxic dumps.

Their proposed trading platform operates in a distinct and separate market with liquidity issues. As an OTC trader, not long term investor, I would have nothing to do with type of trading. Short selling in the OTC is largely a myth that is perpetrated by those confused by the toxic note conversions. If you ever notice in the infomercials the CEO doesn't really flesh out a real world trading scenario and consequences for the individual trader who will eventually be asked to deal with their product.



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

Page 19
Frequently Asked Questions regarding Proposed BDTP ™ platform
Will the BEFS traded on the proposed BDTPTM trade at different prices than the OTC Pink?

Because it is a distinct market from the OTC Pink, where the common shares currently trade, there is a possibility that the prices reflected for the common shares will differ across the trading markets. BDTPTM, for instance, only accepts free trading securities (of BlackStar common stock) for cash and prohibits shorting. As a result, there could be a difference in price from one market to the next due to different liquidity in the markets as there are arbitrage opportunities in both separate trading venues.


SEC Correspondence February 13, 2023
https://www.sec.gov/Archives/edgar/data/1483646/000106594923000009/filename1.htm

Please clarify whether the trading market operating on the platform is distinct and separate from the OTC market on which the common shares currently trade, and whether there could be discrepancies between the trading prices of common shares and electronic fungible shares, whether resulting from different liquidity in the markets or otherwise.

OTC markets currently trade book-entry electronic fungible common shares as well, however, the BDTPTM platform, with its ATS/broker-dealer host, is a distinct market from the OTC market. Because it is distinct from the OTC market on which the common shares currently trade, there is a possibility that the prices reflected for the common shares will differ across the trading markets. BDTPTM, for instance, only accepts free trading securities (of BlackStar common stock) or cash and prohibits shorting. As a result, there could be a difference in price from one market to the next due to different liquidity in the markets as there are arbitrage opportunities in both separate trading venues. A risk factor detailing the possibility of price discrepancies has been added on page 20.

The S-1 prospectus was last updated in June 2023 with the notice of effect in July. The patent received its notice of allowance in October. The patent is based on information prior to this activity. What you see in the prospectus is the current state. The method for the trading platform was written on Amazons product which is why it is largely unpatentable. It is like writing a macro based application using Microsoft's EXCEL for some data tracking spreadsheet. They have done the same with Amazons blockchain ledger application. I don't believe there is much risk of someone trying to do what Blackstar proposes since the SEC isn't allowing it to operate. The CEO himself revealed in the first infomercial that securities are already being traded on a blockchain in the form of tokens. That is the future. Link to the video and the CEO's comment at about 9:30 into the segment.


Bubae
Member Level
Re: Joe DiMaggio post# 12658
Monday, April 01, 2024 10:43:53 AM
Post# 12668 of 13329
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174150905
Want to talk about tokenized securities? The CEO talked about securities that are ...currently are traded LEGALLY in the form of tokens securitized by common stock which is thrown into a blockchain. Link to that infomercial below where the CEO makes the statement starting at about 9:30 into the segment.

Significant elements of our intended products and services are based on unpatented trade secrets and know-how..." further the applications that they have developed depends on Amazons AWS technology.

--

You are highlighting in red the word "unpatented" but you are pulling from comments in 2023. We are in 2024. Those unpatented aspects are now patented, which is what we have been discussing for most of '24....

Do you know what year it is? I honestly cannot tell whether you are trolling or just simply insanely confused.

BEGI can effectively clean up the OTC of pump and dump schemes. For someone who is seemingly so obsessed with this company and that behavior, you should be at the front of the line in trying to move the front forward.

Either way, this back and forth is entirely meaningless in the grand scheme.

You have claimed you are here for entertainment purposes, so I suppose I should not expect too serious of a discussion.

I am looking forward to your next post that is a misdirection and an attack on the CEO....

3...2...1...

Your "penciling in" comments make no sense, so I am not even sure where to start with that comment.

The components are entirely distinct from the trading of shares on a blockchain. Once you understand this, then a lot of your other misunderstandings will be cleared up.

"At this point it looks like the issue is more than not being able to obtain a relationship with a ATS or Broker /Dealer, rather it appears to be a regulatory issue. We can not know for sure because the CEO doesn't address this issue directly in any of the infomercials or even in the filings. Simply states what is linked below."

--

They are not mutually exclusive, obviously...

I imagine the ATS would ask immediately, "Is this cleared/ approved by SEC Trading division?"

I agree with some of this post, as I would like more specifics in regards to what these discussions with ATS entail as well as any feedback from SEC on what the process of approval is.

In any case, the first stage (and what makes the most logical sense), would be to get the Corporate Governance, Auditing, and Funding components of the platform into the hands of companies. It reduces risk on many levels for both the ATS and BEGI in terms of compliance and regulations. Keeps bad actors away.

In addition, I am more-so interested in getting the parts of the platform that do not need approval to the market, in order to get some revenue and out of the toxic note financing. Corporate Governance, Auditing, Funding are three revenue streams that are distinct from the Trading aspect of BDTP.

If you have the first three: It should make the last (trading) much more seamless. If I were the SEC, I would require they have the first three integrated before trading - so that the SEC has full access to not only the trades but their corporate structure and financing.

From this post, you are beginning to see why the SEC should want to move forward with a platform/service such as this. It's all about increasing their power/reach.

It isn't simply some sort of "...needs some sort of "approval" or "go-ahead". "The BDTP™ has not been approved by any regulatory agency or broker dealer and is not currently operational." At this point it looks like the issue is more than not being able to obtain a relationship with a ATS or Broker /Dealer, rather it appears to be a regulatory issue. We can not know for sure because the CEO doesn't address this issue directly in any of the infomercials or even in the filings. Simply states what is linked below.

As for the other ideas penciled into the same template, the system and method patents appear to be pretty weak even if someone was interested in doing the same thing. After all that is all a patent provides, the right to defend their method or system. While the trading platform idea has been promoted for years it didn't take them long to roll something else out once the basic template for the system and method was established and accepted by the patent office. According to Blackstar "...Significant elements of our intended products and services are based on unpatented trade secrets and know-how..." further the applications that they have developed depends on Amazons AWS technology. Corporate Governance, Auditing, Funding requires no approval. Only digital trading that requires an ATS needs some sort of "approval" or "go-ahead".


For the fiscal year ended December 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm
Page 3
DESCRIPTION OF BUSINESS
We are based in Boulder, Colorado and are engaged in Merchant Banking and Finance in the United States....

...The completion of our software platform depends on our ability to license it to an existing Alternative Trading System (“ATS”) or for us to possibly register as an ATS, which we do not intend to do at this time as we would prefer to license our platform to an existing ATS. The platform is not currently operational or in use by anyone. We have recognized net losses of $1,046,983 in the year ended December 31, 2023. We have relied solely on sales of our securities, convertible note financing, and private loans to fund our operations.

Page 5
HISTORY
Definitions
BlackStar Digital Trading Platform (“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.)


AMENDMENT NO. 10 TO FORM S-1
As filed with the U.S. Securities and Exchange Commission on June 16 , 2023
https://www.sec.gov/Archives/edgar/data/1483646/000106594923000063/blackstar_s1a10.htm

Significant elements of our intended products and services are based on unpatented trade secrets and know-how that are not publicly disclosed. In addition to contractual measures, we try to protect the confidential nature of our proprietary information using physical and technological security measures.

INTELLECTUAL PROPERTY RIGHTS CLAIMS MAY ADVERSELY AFFECT THE DISTRIBUTE LEDGER TECHNOLOGY.
Third parties may assert intellectual property claims relating to their source code, including Distributed Ledger Technology. Regardless of the merit of any intellectual property or other legal action, any threatened action that reduces confidence in distributed ledger technology’s long-term viability may adversely affect an investment in us.

Overview of the BDTP™ Platform
Blackstar has built the technology based upon the Quantum Ledger Database, a blockchain framework from Amazon Web Services (“AWS”), and to use the AWS Cloud for transaction data storage. The BDTP™ would offer a web-based interface for trading transactions as well as an Application Programming Interface (API) that directly accesses all transactions stored on the BDTP™. In June 2020, BlackStar and Artuova, a custom software development company, successfully completed a production ready user interface for the BDTP™ platform, which is feature-complete.

Debt is good for businesses. Smart people buy it up!

We will break 0.0022 next week!!

We all now that your two cents has been consistently wrong since this was trading above a penny. How about a few facts with links. GS Capital has the contract and appears to hold all the cards in this lawsuit. The pressure to settle is all on Blackstar and the consequences are so egregious that Blackstar is compelled to spend a ton of cash that they do not have to defend. It appears that they are wholly relying on the sympathy of the courts to me.

When you read the back and forth in the documents on the Nevada Supreme Court site you can see that Blackstar is way out of their depth in trying to defend their actions. The bottom line is in the Nevada Supreme Courts ruling denying the stay, "When a contract is clear on its face, it will be construed from the written language and enforced as written." That is a pretty powerful statement. Blackstar signed a terrible agreement for which they must now pay the consequences. This is what happens when there are adults are in the room. ...possibly GS Capitol is quietly buying up as many shares as they can afford to offer Blackstar a settlement deal before a judgement in court is rendered........just my 2 cents on it.
https://caseinfo.nvsupremecourt.us/public/caseView.do;jsessionid=DD86B554D3E6998D3A6E9EB41AA71067?csIID=68335

Document 24-05565
("When a contract is clear on its
face, it will be construed from the written language and enforced as
written." (internal quote marks omitted)); and appellant has not
demonstrated a likelihood of success on the merits sufficient to tip the
balance of the NRAP 8(c) factors in favor of a stay. Accordingly, we deny
appellant's motions.


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

Page56
Results of Operations

Legal and professional fees of $326,527 for the year ended December 31, 2023 increased by $199,135 from $127,392 for the year ended December 31, 2022. During 2023 the Company incurred legal fees for litigation and settlement of issues with convertible debt holders which were not incurred in prior years, in addition to recurring costs for SEC regulatory and statutory filings matters. Fees for 2022 were predominately for SEC regulatory and statutory filings, fees for annual audit and quarterly reviews and filings for a Registration Statement on Form S-1 to register underlying common shares for issuance to investors.

Sources and or rumors say next will be interesting.......

Marc, you should take your own advice. You called me a deadbeat a couple hours ago. I would classify that as a personal attack.

Easier for someone to answer my question. Thank you

This is a bulls board now!
BEGI should headquarter in Texas because it's a longhorn now!!!!!!!!!!

The company is developing further along with recieving their second patent and possibly GS Capitol is quietly buying up as many shares as they can afford to offer Blackstar a settlement deal before a judgement in court is rendered........just my 2 cents on it.

was there news this week


CEOS want to see big volume hit to run it for real

@burner67
You need to read up on the components of BDTP platform. Take the 20 minutes you spend here to post poop emojis and do some research.

Corporate Governance, Auditing, Funding requires no approval. Only digital trading that requires an ATS needs some sort of "approval" or "go-ahead".

Oh cool, no long giant fake posts full of lies.......I must've struck a nerve. Play by the rules, if you can learn them.

Fire away friendo, if facts about your history here is offensive then you should think about that. This isn't your board and you are by far the nastiest purveyor. I would recommend that you contact admin if you have a problem with my posts.

I got a chuckle out of that. 🤣 someone paints the tape with 15K shares 20 seconds before the close and you are beside yourself with glee to finally break 2. Back around the time this hit the 52 week high of $0.0128 you claimed to "...own a sizeable amount of the float." You may be green today but you are clearly amongst the biggest losers in this ticker. But don't let that temper your rhetoric on this board.



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!!!!!

Blackstar lives rent free in the stock bashers mind!!! Hahahahaha, I love this!!! Stock price go up, stock bashers go down.

Go ahead, I'm in the green as I type this hahahaha. You can quote me like "Bubae" pfffffffffff hahahaha!!! Desperate much?

You come off as desperate on here. I guess the Taco Bell money you saved up for investing isn't panning out. Maybe you could buy a couple shares of AMC or Gamestop and ride it out.....pfffffff ahahahahahahahahahahaha!

Do you want me to go back on your posts and remind you at all the prices you bought? Let me work on that. Should be fun.

There's no rollout until SEC approval and per Joe that's 1-3 years

And.......
Most of us here on this board didn't buy at the stock's highest possible peak price! You got a 1,000% IQ buddy, congratulations!!! I heard tide pods taste delicious.....but I'm sure you already know that.....

It only needs to go up 387% get to a penny! 🤣

So far nobody wants it

PFFFFF AHAHAHA. It might be up this week but it's down 84% from it's 52 week high lolol
B E G I
2 0 2 4
Bearish 💩💩💩💩💩

Higher Highs = BEGI

PFFFFF AHAHAHA, no you do the math, the share price keeps going up deadbeat!!!!!!!
B E G I
2 0 2 4
Bullishness ! $ ! $ ! $ ! $ ! $ ! $ ! $ ! $ ! $ ! $

Liar? Did you do the math Marc?

Shares are being accumulated. Supply and demand. The share price will continue to go up from here.......Blackstar has something that people want........

SPAM / MORE LIES

Share count increases for 2024 totaling 495,744,512 new shares added to the outstanding share count since the beginning of 2024. Of those 195,620,499 shares were issued at a price of only $0.00006 per share. What our desperate friendo calls lies. Two weeks since the last update.

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

Page F-19
In 2024, GS Capital filed notices of conversion and were issued, in three tranches, 195,620,499 shares of the Company’s common stock at a price of $0.00006 per share on their note of October 11, 2021. (See Notes 7 and 11)

Pfffffff Ahahahahaha!!!