SEC Comment Letter 0000000000-23-002307 to BLACKSTAR ENTERPRISE GROUP, INC. (BEGI) (CIK 0001483646) (BEGI)
BLACKSTAR ENTERPRISE GROUP, INC. (BEGI) (CIK 0001483646)
Date: March 9, 2023 · CIK: 0001483646 · Accession: 0000000000-23-002307
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File numbers found in text: 333-257978
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United States securities and exchange commission logo
March 9, 2023
Joseph E. Kurczodyna
Acting Chief Executive Officer
Blackstar Enterprise Group, Inc.
4450 Arapahoe Ave., Suite 100
Boulder, CO 80303
Re:Blackstar Enterprise Group, Inc.
Amendment No. 7 to
Registration Statement on Form S-1
Filed February 13, 2023
File No. 333-257978
Dear Joseph E. Kurczodyna:
We have reviewed your amended registration statement and have the following
comments. In some of our comments, we may ask you to provide us with information so we
may better understand your disclosure.
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe our comments apply to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
After reviewing any amendment to your registration statement and the information you
provide in response to these comments, we may have additional comments. Unless we note
otherwise, our references to prior comments are to comments in our January 20, 2023 letter.
Amendment to Form S-1 filed February 13, 2023
General
1.We note your response to comment 1, as well as your previous related responses. While
we do not have any further comments at this time regarding your responses, please
confirm your understanding that our decision not to issue additional comments should not
be interpreted to mean that we either agree or disagree with your responses, including any
conclusions you have made, positions you have taken and practices you have engaged in
or may engage in with respect to this matter, including in regards to any crypto assets that
you may develop in the future or that you may support or facilitate the development of in
the future.
FirstName LastNameJoseph E. Kurczodyna
Comapany NameBlackstar Enterprise Group, Inc.
March 9, 2023 Page 2
FirstName LastName
Joseph E. Kurczodyna
Blackstar Enterprise Group, Inc.
March 9, 2023
Page 2
2.Please update your financial statements and related financial information throughout
to provide audited financial statements for the fiscal year ended December 31, 2022.
Executive and Director's Compensation, page 60
3.Please update to include compensation disclosure for the latest fiscal year end.
Please contact Jessica Livingston at 202-551-3448 or J. Nolan McWilliams, Acting Legal
Branch Chief, at 202-551-3217 with any questions.
Sincerely,
Division of Corporation Finance
Office of Crypto Assets
cc: Christen Lambert