BlackStar Enterprise Group Inc (BEGI)

[Bubae]

Oh you sound like so may that I have been educating since this was trading at the 52 week high of $0.0128 last November. 😆 Blackstar converted 698 million shares at an average of $0.00017 more than doubling the outstanding share count. They have a GS Capital lawsuit in progress that is delivering hundreds of millions of shares priced at only $0.00013 a share. They have a Quick Capital note that has been in default for a couple of years that converts lower than the others with some very nasty default language. There are two large notes in the S-1 offering that received its notice of effect last July that matured two years ago waiting to get into the game. We will see how much if any of that was converted in the next financials because GS Capital obtained a restraining order on Blackstar in the middle of November when this was getting enough traction to maybe move some of the S-1 offering. That is just for starters because the pipeline is full and this company isn't shy about promoting to move the shares.


Bubae
Re: None
Sunday, December 10, 2023 12:19:18 PM
Post# 6301 of 6398
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173398168

The potential next one could be Quick Capital with their defaulted note dated April 2022...

Bubae
Re: None
Monday, January 01, 2024 6:10:32 PM
Post# 8502 of 12029
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173540721

The original S-1 was filed July 16th 2021 and the 10th amendment conveniently received its notice of effect on July 6th 2023. The stated intent is to issue 46,000,000 shares to settle $803,275. Sometime in the past two years they reduced the $550K note bringing the new total for the three notes to $631,216 outstanding according to the Q3 filing.