BLACKSTAR ENTERPRISE GROUP, INC. (: BEGI)

BlackStar Enterprise Group, Inc. is a publicly traded merchant banking firm based in Boulder, Colorado that facilitates venture capital investments in early-stage revenue companies primarily within the United States.

The company generates revenue through its merchant banking activities by seeking joint venture investments in emerging growth companies and plans to generate future revenue by licensing its blockchain-based software platform as a Platform as a Service (PaaS) to other publicly traded companies once the platform is operational.

The company operates through the following segments: Merchant Banking and Blockchain Equity Trading.

• The Merchant Banking segment focuses on providing capital and strategic support to early-stage revenue companies through joint venture investments, with an emphasis on companies exhibiting strong growth prospects in various industries, including the blockchain and digital share sectors.

• The Blockchain Equity Trading segment involves the development and potential licensing of the BlackStar Digital Trading Platform (BDTP™), a blockchain-based software platform designed to trade electronic fungible shares of common stock in compliance with SEC and FINRA regulations, with plans to offer the platform as a subscription service to other publicly traded companies.

BlackStar Enterprise Group, Inc. is an insignificant participant in the highly competitive merchant banking industry, facing significant disadvantages due to limited capital, lack of established reputation, and minimal operational history compared to well-capitalized competitors such as major investment banks, private equity firms, and commercial banks engaged in similar activities.

The company serves early-stage and emerging commercial-stage businesses seeking venture capital, particularly those in the blockchain and distributed ledger technology industries, though it has not yet completed any merchant banking ventures where it maintained control and has no current operational clients for its blockchain platform services.