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Re: None

Wednesday, 04/17/2024 10:45:50 PM

Wednesday, April 17, 2024 10:45:50 PM

Post# of 14068
To give everyone an idea as to the cash burn for this lawsuit over a principle balance of only $33,682. The numbers below are for 2023 and the lawsuit was filed November 6th. The bench trial isn't until January 2025. These guys do some really stupid things, no wonder GS Capital is receiving conversions at $0.00006 a share. 😆

For the fiscal year ended December 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594924000044/begi-20231231.htm

Page 55
Legal and professional fees of $326,527 for the year ended December 31, 2023 increased by $199,135 from $127,392 for the year ended December 31, 2022. During 2023 the Company incurred legal fees for litigation and settlement of issues with convertible debt holders which were not incurred in prior years, in addition to recurring costs for SEC regulatory and statutory filings matters. Fees for 2022 were predominately for SEC regulatory and statutory filings, fees for annual audit and quarterly reviews and filings for a Registration Statement on Form S-1 to register underlying common shares for issuance to investors.




Bearish
Bearish

Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..

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