BLACKSTAR ENTERPRISE GRP - BEGI STOCK NEWS

BlackStar Enterprise Group (OTC Pink: BEGI) announced it received a 'Notice of Allowance' from the USPTO for its patent application titled 'System and Method For Facilitating A Public Offering On An Immutable Blockchain.' The technology behind this patent enables public offerings of both registered and unregistered securities on a blockchain. BlackStar's platform, the BlackStar Digital Trading Platform (BDTP), supports electronic fungible shares that are compliant with U.S. brokerage firms. CEO Joseph E. Kurczodyna highlighted that this patent completes BlackStar's three main platforms: Trading, Funding, and Corporate Governance. The patent is expected to be officially issued in June 2024, adding to BlackStar's existing portfolio of blockchain-related patents.

BlackStar Enterprise Group, Inc. received a 'Notice of Allowance' from the USPTO for a patent covering the trading of securities on a blockchain. The patent will enhance BlackStar's protection and enable trading of all kinds of securities on the blockchain through their Digital Trading Platform. BlackStar will have three patents issued covering blockchain technology applied to the traditional Broker Dealer Eco System.

BlackStar Enterprise Group, Inc. receives a Blockchain Corporate Governance Patent from the USPTO, enhancing transparency in financial audits. The patented technology aids in organizing corporate governance information on an immutable blockchain. CEO Joseph E Kurczodyna envisions the platform as a white label product for various entities. BlackStar aims to revolutionize securities trading and public company transparency through blockchain technology.

BlackStar Enterprise Group, Inc. (BEGI) receives a 'Notice of Allowance' from the USPTO for a patent related to recording corporate governance information on a blockchain. The patent aims to aid companies in preparing for financial audits and complying with regulatory requirements. The CEO expresses enthusiasm for the patent and plans to integrate the technology into BlackStar's business model, including launching an audit platform for public companies. The platform is designed to enhance transparency in corporate governance and controls, potentially impacting securities regulations in the U.S.

BlackStar Enterprise Group, Inc. (BEGI) has received its Blockchain Equity Trading Patent from the USPTO, enabling trading of common shares of a public company on a blockchain. The patent, issued on December 26, 2023, signifies a vision for the future of securities trading and public company transparency on a blockchain.

BlackStar Enterprise Group, Inc. has received a 'Notice of Allowance' from the USPTO for a patent application titled 'System and Method for Matching Orders and Immutable Blockchain Ledger for all Customer Trading Activity with Settlement into the Broker Dealer Ecosystem.' The patent will give BlackStar a 20-year monopoly on digital equity trading of securities on a blockchain. This could revolutionize blockchain trading of digital assets that are securities.

BlackStar Enterprise Group plans to enable trading of its common shares on a blockchain with their software called BlackStar Digital Trading Platform (BDTP). They believe that securing a contract to host their platform in the next three to six months will be well-timed in the industry. Once the platform is live, they intend to license it to other publicly traded companies as a subscription service called Blockchain Equity Trading (B.E.T.), which would provide access to a customizable trading platform for common stock without markup or markdown. The platform also offers features such as indication of interest and corporate governance. Increased transparency is expected to mitigate risks and restore investor confidence in trading OTC-listed stocks.

BlackStar Enterprise Group (OTC PINK:BEGI) announced that its latest amendment to the Form S-1 registration statement has received limited comments from the SEC, which the company plans to address soon. This registration allows common shares held by certain stockholders under convertible promissory notes to be registered. BlackStar aims to pursue a relationship with alternative trading systems and broker-dealers to trade its shares on a blockchain platform. However, they caution that regulatory approvals may not be timely or guaranteed, and the BDTP platform remains non-functional and may never become operational.