BlackStar Enterprise Group Inc (BEGI)

[Bubae]

Again, more conjecture riddle BS without any supporting information. Question at the moment is when does the restraining order get lifted and when do they get back to converting that very old debt while they can. Looking to the 10K to see if they got any of the S-1 offering shares moved before the restraining order. Three notes in that offering, one note declared in default in April 2022, the two other notes had principle balances totaling $597,534 as of the Q3 filing and matured a couple of years ago with interest those notes should be worth $800K now. Those last two notes convert at a steep discount to market and the Quick Capital note has the most impressive conversion language for a default note that I have ever seen. Post# 12708 outlines just some of what is to come down once the restraining order preventing Blackstar from trading any shares since November is lifted. Since the December 22nd Blackstar has issued 427,319,679 with 153,313,087 going restricted. This stock is lousy with pending conversions and I think they are just getting warmed up. The annual should help and the Q1 in May should provide a good picture of the state of affairs.

Bubae
Re: SorcererDiviner18 post# 12696
Tuesday, April 02, 2024 7:10:58 PM
Post# 12708 of 12822
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174163036