BlackStar Enterprise Group Inc (BEGI)

[Bubae]

diatribe 🙄 Actual due diligence complete with links to the information can only be described as bashing if you believe that the information suggests a bad decision has been made on the part of a buyer of this stock. This can be flipped if you utilize the information correctly. My post below predicting the availability shares back in December. Friday December 22nd this stock closed at $0.0071 and the high for the day was $0.0087. By January 4th it closed at $0.0019. I was telling people it was a bad time to buy and it was.

This can be flipped if you can navigate the potential bad news of this lawsuit and the potential for others from debt that matured a couple of years ago. Maybe this CEO will instead of promoting for theses toxic lenders throw traders a bone to maintain the price level. I say flip it if you can but it would be best to be out by the end of June because new shares will once again be available for the foreseeable future.

Blackstar is promoting a product that cannot be monetized under current rules governing the trading of common stock and even if it could I doubt it would have much of a market in my opinion. This is why the stock was trading as low as $0.0001 just days before this heavily promoted runup and why these toxic lenders are moving shares with an average price below $0.0002. These lawsuit shares are priced at $0.00013.


Bubae
Member Level
Re: None
Saturday, December 23, 2023 10:12:19 AM
Post# 7962 of 12129
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173492266

Update on the rollout of the 698 million shares converted at $0.00017. It makes sense to me that they walked this up this past week because the tranches of new shares that are becoming available this week. I refined the number of shares available and I narrowed down a time spaces as well. We see 790,292,999 shares outstanding for June 14th per the S-1 offering and 1,034,080,127 as of June 30th per the quarterly filing. That two week period between June 14th and June 30th yielded 243,787,128 new shares issued. The six month holding period would move this time slot to begin this past week. Next we see 100,492,308 shares in two tranches issued in July per the subsequent events note in the June 30th quarterly filing. I next have an August 4th date showing 1,134,572,435 shares outstanding and another showing 1,244,572,435 as of November 1st which is also the current outstanding share count. Those two values show that 110,000,000 new shares where issued during that period.