BlackStar Enterprise Group Inc (BEGI)

[Bubae]

Ok, Back to reality. 🙄 You were here when on December 23rd I posted message #7963. In that post I was very specific about time periods of eligibility for share conversions that clearly accounted for the December sell off. We know that the share count didn't increase for October so sometime after August 4th the issued another 110 million shares. If they were September shares they likely account for the shares available for this latest infomercial promotion. The caveat has always been that these toxic lenders are observing the 180 day holding period. The SEC has been coming down on the toxic dumps and it would be a foolish risk for these lenders holding shares at an average of only $0.00017 to take otherwise. Those GS capital shares that have been rolled out since December should become eligible at the end of June. Meanwhile the question is when does the restraining order get lifted? Bench trial date is for January 2025 for the principle, potential legal fees, and default penalties. There is a lot of other conversion shares eligible that got stopped by the restraining order of mid November including the S-1 offering which received it notice of effect last July. Can't wait for more information that should be in the annual filing which will likely be filed late.


Bubae
Re: None
Saturday, December 23, 2023 10:12:19 AM
Post# 7962 of 12524
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173492266

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.

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.