BlackStar Enterprise Group Inc (BEGI)

[Bubae]

Dilution is queued up months in advance due to regulatory requirements. Try and cling to the narrative of no dilution since October 1st but enough is set at the moment to run through Q2 easily. The S-1 alone has $631,216 in debt conversions if you ignore the fact that the $33,275 Quick Capital convertible note in the S-1 is in default and they are seeking at least $133,317 on this rapidly growing balance. That 10th amendment of the S-1 offering originally filed in July 2021 debt isn't going to get settled with only 46 million shares. There are also a series of none month notes with the first coming due this month. These comments aren't all inclusive regarding the debt. It is a messy situation so there is likely more.

Dilution detailed in the linked post below include:

>I see roughly 450 million of the 698 million shares issued at $0.00017 still left and becoming eligible to convert through Q1 2024.

>41,750,000 issued shares ...at...September 30th ...to be issued..'

>$125,000 FORM D Notice of Exempt Offering of Securities, FORM D Notice of Exempt Offering of Securities dated May 19th 2023

>Notice of effect for the S-1 offering was July 6th who's intent is to settle a minimum of $631,216 in convertible debt, likely more.

Lawsuit seeking specific performance for the reserve of 700,000,000 shares - regarding the unavailability of conversion shares relating to the Promissory Note


Bubae
Re: boywonder1 post# 7317
Saturday, December 16, 2023 7:56:28 PM
Post# 7320 of 7636
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173444459

Here is the dilution in detail friend-O. 😁 Print from the SEC required documents with links

Bubae
Re: burner67 post# 7507
Tuesday, December 19, 2023 5:10:03 AM
Post# 7526 of 7636
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173456355

We are looking at 454,279,436 new shares issued between June 14th and September 30th.

Consider the six month holding period and we find that these shares should become eligible soon on a rolling basis through Q1 2024.