BlackStar Enterprise Group Inc (BEGI)

[Bubae]

New batch of hopeful flippers here in this zone. They likely cleared out the flippers in this range so those converting will own it and can take their time. Don't look for it to go into the 2s given the new batch of flippers and those already trapped in the 2s. New buyers want to join that group? Are there more shares left from the 698 million converted at an average of $0.00017? What else did they get into the market before the restraining order was in place. Toxic lenders are cleaning up while Blackstar gets a pittance for debt relief. Worse spread I have ever seen for debt conversions. 🙄



Bubae
Member Level
Re: None
Saturday, March 23, 2024 10:55:40 AM
Post# 12391 of 12460
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174098844

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.