BlackStar Enterprise Group Inc (BEGI)

[Bubae]

Hey, finally coughed up a link to your information and I know why you didn't want to show it. Your own information shows that the Nevada Supreme Supreme Court on February 14th rejected Blackstar motion for a stay. We could have assumed this since we have seen subsequent share count increases. The opinion that the "....case is appropriate for mediation and a settlement..." doesn't take a Judge to see. We could see that when the case was filed by GS Capital back in November. Now Blackstar will likely spend more on the legal fees alone than the original balance of only $33,682. GS Capital has now received their shares under the preliminary injunction. Up next, interest, legal fees, costs, etc.

See anything in the last lawsuit update for February that even mentions the denial by the Nevada Supreme Court? Anything about a settlement? Nope! Why note? Maybe it isn't good news?? 🙄 The current information is linked to the Eighth Judicial District Court where the case is being litigated. Date for a hearing is scheduled for April 22nd with a bench trial scheduled for January 2025. Good luck deleting my factual and supported posts and report away friendo!!!!! 🤣 So who is posting manipulative and false information? Yes you! 😆


https://caseinfo.nvsupremecourt.us/public/caseView.do;jsessionid=E54C4E1E29030D5413B8A28FA1E1A06E?csIID=68335

02/14/2024 Order/Procedural Filed Order Denying Stay. Appellant has filed a motion for stay. Respondent filed an opposition, and appellant filed a reply. We deny appellant's motions. (SC)

02/22/2024 Settlement Program Report Filed ECAR/Appropriate for Settlement Program. This case is appropriate for mediation and a settlement conference is scheduled for April 9, 2024, at 9:00 AM. (SC)

Date of report (Date of earliest event reported): January 11, 2024
Update to November 6, 2023 Nevada Lawsuit
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000003/blackstar8kjan232024.htm

The Company appealed the Motion for Preliminary Injunction and Specific Performance to the Nevada Supreme Court on January 12, 2024. The Company intends to seek an extension of the stay with the Nevada Supreme Court pending resolution of the appeal. Such an extended stay would prevent conversions while the Nevada Supreme Court hears the Company’s appeal.


Date of report (Date of earliest event reported): February 27, 2024
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000023/blackstarmarch2024v2.htm
Update to November 6, 2023 Nevada Lawsuit

The risks of continued litigation on this matter are as follows: the Company may need to increase the authorized shares of common stock in order to accommodate any continued conversions, judgments, or settlements, and the Company could be exposed to further risks of lawsuits for similar issues. The Company will also expend additional resources in the ongoing litigation and any potential resolutions outside the above-reference conversions to common stock (which were already contemplated in the original convertible promissory note), negatively impacting its financial position.

case number is A-23-881099-B, plug it into the court search query linked below.

https://www.clarkcountycourts.us/Portal/