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Re: Papalaka post# 11803

Wednesday, 02/21/2024 10:39:00 AM

Wednesday, February 21, 2024 10:39:00 AM

Post# of 14095
The 2s are full of traders who know what the future holds with the hundreds of millions of lawsuit shares priced at $0.00013 that will be hitting the street. Going back to late December this channel between 2 and 3 is chocked full and this story isn't getting any better. This is going to do what it did before on this very same narrative. That is it will fail to attract the new money needed to sell the new dilution and the price will tank. The last closing day for 2022 was $0.007 with only 546,495,214 shares outstanding and by October 2023 the stock was trading as low as $0.0001. Good luck.

Update to November 6, 2023 Nevada Lawsuit
https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/0001483646/000106594924000003/blackstar8kjan232024.htm

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.

Bearish
Bearish

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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