BlackStar Enterprise Group Inc (BEGI)

[Bubae]

I'm thinking that there may be zero shares available at the moment. That is based on no share count increased from October to December 21st when the first tranche of 62,084,333 GS Capital shares was issued per the preliminary injunction ordered by the court. This would also be based on the restraining order that GS Capital was able to get back in November preventing Blackstar from trading any shares.

According to the lawsuit update 8K we are looking at 257,000,000 shares ordered to cover the $33,682. We see a updated OTC outstanding share count dated January 5th 300,124,013 shares added. Restricted increased by 153,350,000 so what was added for current trading was about 146,774,013. Outstanding share count increase dated February 2nd for an additional 62,027,333 shares. This number closely matches the second tranche of shares listed in the lawsuit update 8K of 62,023,333 shares. Outstanding share count increase dated March 1st for an additional 65,168,333 shares. This number exactly matches the third tranche number in the 8K. The last tranche directed by the preliminary injunction to come is for 68,425,500. So the 180 day holding period shows that the December tranche of lawsuit shares should be vested around the end of June. But the January 5th update was for a total of 300,124,013 shares, so they all could be eligible around then.

Update to November 6, 2023 Nevada Lawsuit
https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/0001483646/000106594924000003/blackstar8kjan232024.htm
At the outset of the case, a temporary restraining order was entered preventing the Company from trading any shares.

Meanwhile, the preliminary injunction ordered the Company to honor the conversion requests of November 2, 2023 (for the conversion of 62,084,333 shares of common stock – completed December 21, 2023) and the three subsequent requests GS Capital claimed it “would have” made (62,023,333 shares, 65,168,333 shares, and 68,425,500 shares)....


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

As of November 1, 2023, there were 1,244,572,435 shares of the registrant’s common stock, $0.001 par value, issued and outstanding, not including shares reserved for conversion of notes.