BlackStar Enterprise Group, Inc. (OTC QB: BEGI) is a publicly traded merchant banking firm facilitating joint venture capital to early stage revenue companies. BlackStar serves clients in their early corporate lifecycles and may provide funding in the form of joint ventures. BlackStar is conducting ...
BlackStar Enterprise Group, Inc. (OTC QB: BEGI) is a publicly traded merchant banking firm facilitating joint venture capital to early stage revenue companies. BlackStar serves clients in their early corporate lifecycles and may provide funding in the form of joint ventures. BlackStar is conducting an in-depth analysis of the Company's involvement in crypto equity-related ventures through its subsidiary Crypto Equity Management Corp. ("CEMC"). The Company formed the subsidiary CEMC on September 30, 2017. As a merchant bank, BlackStar provides access to capital for companies and is specifically seeking out clients involved in distributed ledger technology ("DLT"). BlackStar will facilitate these companies through majority controlled joint ventures with CEMC. As BlackStar focuses its merchant banking efforts on distributed ledger security features and technology, BlackStar plans to gain access to the peer-to-peer (P2P) digital equity internet trading arena through the BlackStars Digital Trading Platform (BDTP) that is being developed using DLT. BlackStar is developing the BDTP with plans to enable a registered encrypted digital version of its current common stock ("BlackStar digital equity") to be exchanged on the platform. CEMC will initially control and manage each venture it enters while remaining compliant with current SEC disclosure and reporting guidelines. Neither CEMC nor BlackStar intend to underwrite these entities or entrepreneurial companies, nor do they intend to act as a broker-dealer or investment company, though we acknowledge the potential requirements to register as such or to claim exemption from registration. CEO John Noble Harris and CFO Joseph E Kurczodyna each have over 40 years of experience in investment banking. BlackStar is listed on the OTCQB under the symbol BEGI. For more information and financial statements, please see our SEC filings available at www.sec.gov.
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