BlackStar Enterprise Group Inc (BEGI)

[Bubae]

For those new to this stock be careful when reading the security details for this ticker on the OTC site.

The OTC share count update for 12/12/2023 listed a float of 1,100,573,435 dated 08/01/2022. So with 1,244,572,435 total shares outstanding at that time you would be led to believe that very few shares had been added over the previous sixteen months. Yet the total share count for August 2022 per the 2022 Q2 filing was only 285,357,307 shares.

So the number of shares and date are the same until the March 1st update when the number of shares in the float increased to 1,606,723,781 along with the outstanding share count totaling 1,671,892,114 yet the August 2022 date remained unchanged. Wow, unbelievable right? One can only conclude that the company has added almost nothing in the previous nineteen months.

The next change for the float was March 28th. Funny that the share count for the float increased by only a single share to 1,606,723,782 but this time they changed the date to 10/31/2023. Again, with an outstanding share count total of 1,671,892,114 you would be led to believe that very little was added to the float over the previous five months. However we know that 427,319,679 shares were added to the outstanding share count for that period. The Q3 2023 filing states that the outstanding share count as of November 1st was 1,244,572,435 shares.

Another item worthy to note. According to the January lawsuit update there was a tranche of shares handed over to GS Capital on December 21st though no increase was indicated for the outstanding share count update of December 22nd. So what do we get after the Christmas break? Yep a sell off of more than 70% between December 27th and January 4th closing at $0.0019. What we got on January 5th was another outstanding share count update indicating an increase of 300,124,013 of which 153,350,000 were restricted.

Pay attention because the manipulation comes from all angles with this one and what they do not say speaks volumes.


For the quarterly period ended June 30, 2022
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594922000124/begi-20220630.htm

As of August 9, 2022, there were 285,357,307 shares of the registrant’s common stock, $.001 par value, issued and outstanding, not including shares reserved for conversion of notes.


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.

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,

Update to November 6, 2023 Nevada Lawsuit
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000003/blackstar8kjan232024.htm

Meanwhile, the preliminary injunction ordered the Company to honor the conversion requests of November 2, 2023 (for the conversion of 62,084,333 shares of common stock – completed December 21, 2023) and the three subsequent requests GS Capital claimed it “would have” made...