BlackStar Enterprise Group Inc (BEGI)

[Bubae]

Here we go again with the charting safety need to preach about. So what is the narrative for moving more of the convertible debt when the time comes? How badly will Blackstar get whacked by this lawsuit for failure to deliver shares? How often do you see a even a stinky OTC ticker rebuff their lenders. Th GS Capital note is in a lawsuit and a Quick Capital note that has been in default for nearly two years now with some very nasty default and conversion terms. The next financial filing will likely to come until the first week of April so we are in the dark in terms of how much of the convertible debt in the offerings was handled before GS Capital managed to get a restraining order in place around id November. This is a wild mess than will only be resolved by conning new traders into buying when the time comes to move those shares. Put that into your chart and recalculate maybe?


Bubae
Re: kid biscuit post# 11884
Monday, February 26, 2024 6:02:59 PM
Post# 11889 of 11976
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173926758

... Unless these insiders see something I don't it was incredibly stupid to not hand over the GS Capital shares when requested. Blackstar is in a spot if they can't con new money to buy that paper that is coming from the lawsuit alone. Then when the restraining order is lifted there will be the defaulted Quick Capital note and the large notes in the S-1 offering to contend with. They could have stopped with the discussion of the single lawsuit but they go on to further say that '...the Company could be exposed to further risks of lawsuits for similar issues.'