Merchant banking and finance company BlackStar Enterprise Group, Inc. (OTC: BEGI) was recently featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. The full interview can be heard at http://nnw.fm/begi-interview-march-2017.
In the interview, CFO Joseph E. Kurczodyna introduces prospective investors to BlackStar’s operations by describing some of the fundraising challenges that face many private companies. “Right now you’ve got CEOs raising money, you’ve got companies that are crowdfunding, and there’s a big gap,” he stated. “The next available capital is these big VCs, hedge funds or Goldman Sachs. There’s no small over-the-counter firms in between that have professional investment bankers that are used to dealing with risk capital and getting liquidity for their clients through public offering… When we acquired BlackStar, our goal was to do exactly that and turn it into a merchant bank. International Hedge Group, the parent company, has put in $650,000 into this venture funding company… we did this with the intent to create a merchant bank, to fund other companies that needed to raise money.”
To view the full press release, visit http://nnw.fm/Z7g9I
About BlackStar Enterprise Group, Inc.
BlackStar is engaged in merchant banking and finance. BlackStar’s venue is private early-stage companies throughout various industries that exhibit a potential for sustained growth. The Company is actively seeking opportunity for discussions with revenue generating enterprises for investment and financing. The officers and directors of BlackStar have over 100 years of combined experience in corporate finance, corporate management, and consulting. For more information, visit www.BlackStarEnterpriseGroup.com or email info@BlackStarEnterpriseGroup.com
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