BlackStar Enterprise Group Inc (BEGI)

[Bubae]

Waiting for orders to fill? 🤣 I thought you were trying to move the stock up with your super powers. Your plan is to lock up the float but waiting, yet you claim this is so undervalued? 🙄 Meanwhile Blackstar cautions that they may need to raise the authorized share count to accommodate the current lawsuit. Looks like they will be moving the goal on you soon. You are a loud bit player capable of no more than a petty paint at the close.

Savannah-Marc
Re: None
Thursday, March 07, 2024 7:37:36 PM
Post# 12034 of 12068

If BEGI was able to be traded after hours the share price would be even higher! I'm locking down shares and making that share price move!!!!!!! Tomorrow will be interesting.......

Savannah-Marc
Re: None
Friday, March 08, 2024 10:19:47 AM
Post# 12043 of 12068

I was a very very big part in making the share price of BEGI move up 40% yesterday and I vow to do it again soon! Watch and learn, read my past post history. I just don't talk on message boards.....I buy shares, a lot of them!!!

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.

For the quarterly period ended September 30, 2023
https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/0001483646/000106594923000100/begi-20230930.htm

ITEM 1. LEGAL PROCEEDINGS

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.