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Re: Gunner54 post# 10820

Saturday, 01/27/2024 3:35:36 PM

Saturday, January 27, 2024 3:35:36 PM

Post# of 13927
Bend information? I post quotes directly from the filings and press releases to support my points and to allow those conducting their own due diligence to fact check. You make your claims but are unable to debate the content of my posts because they are the words of the company. As far as dilution, both points are true, right. They Have a ton of dilution in the pipeline. You claim that I try and have it both ways on the dilution is somewhat disingenuous isn't it. Until they released the 8K on the 23rd of this month we had no way of knowing that a Judge granted a restraining order filed by GS Capital Partners on November 9th 2023 that prevents the company from trading new shares. So now there is no way to know were they are with regard to the dilution that we know has been queued up for this promotional period. The dilution already in the pipe line could go well into 2024. What is funny is that the price for this stock didn't go over a penny until well past the November 9th date which means had the company wanted to move more shares they would have missed out on the bulk of this run. This means going forward that they will need to convert the remaining debt at ever lower prices requiring even more shares.

You should also know he’s willing to bend the information and tell half truths.

He was also one of the people saying that they were diluting “they’re diluting, they’re diluting, You guys are all gonna get screwed” and they weren’t diluting.



FORM 8-K
https://www.sec.gov/ix?doc=/Archives/edgar/data/1483646/000106594924000003/blackstar8kjan232024.htm

At the outset of the case, a temporary restraining order was entered preventing the Company from trading any shares.

The Company appealed the Motion for Preliminary Injunction and Specific Performance to the Nevada Supreme Court on January 12, 2024...

The Company may need to increase the authorized shares of common stock in order to accommodate any continued conversions, judgments, or settlements, and the Company could be exposed to further risks of lawsuits for similar issues. The Company will also expend additional resources in the ongoing litigation and any potential resolutions outside the above-reference conversions to common stock (which were already contemplated in the original convertible promissory note), negatively impacting its financial position.



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

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

Bearish
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Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..

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