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Saturday, 03/23/2024 10:55:40 AM

Saturday, March 23, 2024 10:55:40 AM

Post# of 14063
Looks like my stickied post concerning the dilution left on the 698 million shares issued at and average of $0.00017 is still valid. Given the outstanding share count figures in the Q2 and Q3 filings we see that 110 million shares were issued in Q3 before the lawsuit restraining order preventing Blackstar from trading new shares. We know that zero shares were issued in October so sometime between August 4th and September 30th those shares were issued.

The rule 144 holding period would have those vested and ready by the beginning of February. No evidence of dilution in February and no new infomercials until now. Yesterday it was obvious dilution was in play so we can assume that he shares were issued in September and are now being rolled out. Looks like Diagonal lending received a total of four tranches on their note dated October 31, 2022 with three done in Q3. They likely were able to move that first tranche yesterday. More to come from what I see and you all will need to pump a little harder but this wont see the 2s in my opinion. Much like the infomercials in January, what they need is volume because they already have an excellent conversion price.

For the quarterly period ended June 30, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594923000073/begi-20230630.htm


    As of August 4, 2023, there were 1,134,572,435 shares of the registrant’s common stock, $0.001 par value, issued and outstanding, not including shares reserved for conversion of notes.

  • 1800 Diagonal Lending LLC made a $6,070 partial conversion of the principal portion of their October 31, 2022 note into 46,692,308 shares of the Company’s common stock at a conversion price of $0.00013 per share under the conversion provision and terms of the note agreement.



For the quarterly period ended September 30, 2023
https://www.sec.gov/ix?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.

  • 1800 Diagonal Lending LLC converted, in four tranches, $37,200 as partial conversions of the principal portion of their October 31, 2022 note into 210,492,308 shares of the Company’s common stock at conversion prices of $0.00013 to $.0002 per share under the conversion provision and terms of the note agreement.







Bearish
Bearish

Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..

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