BlackStar Enterprise Group Inc (BEGI)

[Bubae]

There have been just over 2 billion shares traded since the October 24th press release launching this promotional period. It doesn't surprise me that there were no dilution in October and November since there is already nearly 700 million shares in the pipeline. Those shares represent toxic debt conversions which should have a six month holding period requirement. They have the new offing that was issued its notice of effect on July 5th so those shares will be eligible to come online in January.

I have posted some of the pertinent information regarding the amounts and periods of conversion. Take note that the nearly 600 million of those shares is held by a single entity - 1800 Diagonal Lending LLC. Now consider the .0001 to .0003 trading price during the run up to the October press release and you won't find an attractive price to convert any of those shares that had vested. It is likely they also know about the pending promotion.

So on October 24th they began promotion. Surely they sell some shares off of that launch, right? Not really, If you consider what they are holding in issued conversions far exceeds the share count held by retail at the time it would be wise to let the relatively low share count and social media promotion do their work. If you subtract was has issued in the months up to September 30th ( 698,077,221) from the current outstanding share count (1,244,572,435) you can see that shares held by retail around October 24th was likely in the neighborhood of only 550 million. There is no sense in trying to compete with retail profit taking and destroy both momentum and price. Wait until it consolidates at the highest level possible and work a range. The shares will be tied up at the consolidated level by those holding for a higher price making you the primary seller of new shares. Looks like that range is .007 to .01 as long as volume holds. They don't want to take it lower suddenly and spook shareholders or they will be competing with selling in the wrong direction. These guys are pros, they know how to maximize their position in my opinion.

…excellent: no dilution in Oct/Nov: billions in volume in this time, and zero shares added!

THREE MONTHS ENDED MARCH 31, 2023
https://www.otcmarkets.com/filing/html?id=16652894&guid=jlJ-kpikzTQlB3h


NOTE 5 – STOCKHOLDERS’ DEFICIT
Common Stock
During the three months ended March 31, 2023, the Company issued shares of its common stock as follows:

> 104,643,939 shares for conversion of $33,927 principal and interest on convertible notes payable.

NOTE 7 – CONVERTIBLE NOTES

During the three months ended March 31, 2023, the Company had the following transations related to its convertible note financings:

> In January and March 2023, 1800 Diagonal Lending LLC elected to convert, in three tranches, the outstanding principal balance of $23,600 and accured and upaid interest thereon of $2,787 due on their note of May 5, 2022 into 75,643,939 shares of the Company’s common stock at prices of $0.00033 to $0.00036 per share under the conversion provision and terms of the note agreement.

> In March 2023, 1800 Diagonal Lending LLC elected to make a $7,540 partial conversion of the principal portion of their August 30, 2022 note into 29,000,000 shares of the Company’s common stock at a conversion price of $0.00026 per share under the conversion provision and terms of the note agreement.

SIX MONTHS ENDED JUNE 30, 2023
https://www.otcmarkets.com/filing/html?id=16861200&guid=jlJ-kpikzTQlB3h

NOTE 5 – STOCKHOLDERS’ DEFICIT
Common Stock
During the six months ended June 30, 2023, the Company issued shares of its common stock as follows:

> 487,584,913 shares for conversion of $85,595 principal and interest on convertible notes payable.



FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2023
https://www.otcmarkets.com/filing/html?id=17069009&guid=-mJ-k6UIqQlEdth

NOTE 5 – STOCKHOLDERS’ DEFICIT
Common Stock
During the nine months ended September 30, 2023, the Company issued shares of its common stock as follows:

> 698,077,221 shares for conversion of $116,725 principal and interest on convertible notes payable.

NOTE 7 – CONVERTIBLE NOTES

During the nine months ended September 30, 2023, the Company had the following transactions related to its convertible note financings:

> 1800 Diagonal Lending LLC converted, in three tranches, the outstanding principal balance of $23,600 together with accrued and unpaid interest thereon of $2,787 due on their note of May 5, 2022 into 75,643,939 shares of the Company’s common stock at conversion prices of $0.00033 to $0.00036 per share under the conversion provision and terms of the note agreement.

> 1800 Diagonal Lending LLC converted the total outstanding principal balance of $43,750 together with accrued and unpaid interest thereon of $2,788 due on their note of August 30, 2022 into 305,250,000 shares of the Company’s common stock at conversion prices of $0.00013 to $0.00026 per share under the conversion provision and terms of the note agreement.

> 1800 Diagonal Lending LLC converted, in four tranches, $37,200 as partial conversions of the principal portion of their October 31, 2022 note into 210,492,308 shares of the Company’s common stock at conversion prices of $0.00013 to $.0002 per share under the conversion provision and terms of the note agreement.

> GS Capital Partners made a $5,933 partial conversion, in two tranches, of the principal portion of their October 11, 2021 note together with accrued and unpaid interest of $1,267 into 59,998,666 shares of the Company’s common stock at a conversion price of $0.00012 per share under the conversion provision and terms of the note agreement.