BlackStar Enterprise Group Inc (BEGI)

[Bubae]

Current facts are the same as for years. That according the official print from the company. Infomercial about what they want to do is for selling those new shares. I think that is why you aren't seeing much traction here. The fiction is slowly being revealed for those who are looking for the facts. The more traders understand from the filings the more disingenuous the CEO looks in his interviews as he avoids talking about the real issues. They will have a difficult time moving those shares with this liquidity. Wait until those lawsuit shares hit the market. 🤣

case number is A-23-881099-B, plug it into the court search query link below.

https://www.clarkcountycourts.us/Portal/


For the quarterly period ended September 30, 2023
https://www.otcmarkets.com/filing/html?id=17069009&guid=25J-k6VdULSidth

ITEM 1A. RISK FACTORS
The risk factor included in the periodic report for the prior quarter ended June 30, 2023, is incorporated herein by reference.

The following additional risk factor shall be added:

A LAWSUIT WAS FILED AGAINST THE COMPANY ON NOVEMBER 6, 2023.

On November 6, 2023, GS Capital Partners LLC filed a lawsuit against the Company in Nevada regarding the unavailability of conversion shares relating to the Promissory Note entered into on October 11, 2021 and the remaining principal balance of $33,682. The plaintiff is seeking specific performance for the reserve of 700,000,000 shares, or damages in excess of $15,000, plus interest, costs, and legal fees. The lawsuit increases the company’s financial and administrative burdens and is a risk to the Company’s capital. Although the Company is attempting to settle the dispute by paying the note in full, there is no guarantee that this will settle the matter in its entirety. The Company may need to increase the authorized shares of common stock in order to accommodate any judgments or settlements, and the Company could be exposed to further risks of lawsuits for similar issues.