BLACKSTAR ENTERPRISE GRP - BEGI STOCK NEWS

BlackStar Enterprise Group (OTC Pink:BEGI) CEO Joseph E. Kurczodyna shared insights on blockchain technology and cryptocurrency markets. The company's intellectual property portfolio covers regulated securities trading on hybrid centralized-decentralized finance (CeDeFi) blockchain through broker-dealers.

Kurczodyna emphasized the importance of registered security trading and warned about risks in unregistered crypto investments. He highlighted concerns about decentralized (DeFi) systems where material information cannot be verified and management remains unknown. The CEO discussed Bitcoin ETFs as a positive signal for registered digital assets but cautioned against relying on cryptocurrency appreciation to strengthen the economy.

The company disclosed recent share price decreases due to speculative short selling and market maker activity. While debt financing with CCI remains unfunded, BlackStar is pursuing a patent portfolio valuation, which management believes could support share price recovery and future funding.

BlackStar Enterprises Group (OTC Pink:BEGI) announces its vision for blockchain-based trading of registered digital assets. CEO Joseph E. Kurczodyna, drawing from his three-decade experience in currency trading, envisions facilitating the trading of all registered public companies on the blockchain as cash spot markets without shorting. The company's technology aims to enable trading of U.S. registered common stock through the broker-dealer ecosystem, where common shares in book entry are fungible with their digital form. Kurczodyna emphasizes the importance of SEC registration and auditing for investor protection, contrasting with unregistered digital assets that may pose risks.

BlackStar Enterprise Group (OTC Pink: BEGI) announces its vision for blockchain-based digital asset trading. CEO Joseph E. Kurczodyna envisions facilitating the trading of registered public companies on the blockchain as cash spot markets without shorting. The company's technology aims to enable trading of U.S. registered common stock through the broker-dealer ecosystem, where common shares in book entry are fungible with their digital form. Drawing from his experience in currency trading and observations of Bitcoin's rise, Kurczodyna emphasizes the importance of proper registration and SEC oversight for digital assets.

BlackStar Enterprise Group (OTC Pink:BEGI) has secured an agreement to retire $861,539.26 of debt through a transaction with Continuation Capital Inc (CCI) under Securities Act 3(a)(10). Over 90% of the company's short-term liabilities are being renegotiated or paid. The company plans to pursue patent valuation and implement a licensing strategy, particularly focusing on their intellectual property portfolio covering regulated registered equity and securities traded on blockchain through Broker-Dealers. Management views the recent SEC registration of Crypto Currency Assets secured by ETFs as a positive signal for digital assets trading on blockchain.

BlackStar Enterprise Group, Inc. (OTC PINK:BEGI) has secured six patents for its revolutionary digital trading platform, covering blockchain trading of U.S. securities, public offerings, and corporate governance. The company's BlackStar Digital Trading Platform™ (BDTP™) aims to enable 24/7 trading of registered common shares on a blockchain, potentially offering public investors advantages similar to those of brokers and professionals.

CEO Joseph E. Kurczodyna believes this technology could provide a closed-end system for U.S. securities trading, funding, and rule-following, compatible with compliant broker-dealers. BlackStar is considering financing options and may pursue a broker-dealer license. The company sees potential in the rapidly growing blockchain technology market, with projections suggesting significant expansion by 2030.

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.