BlackStar Enterprise Group Inc (BEGI)

[Bubae]

You are serious short selling conspiracy Kool Aide drinker without a doubt. The dilution and a false narrative that has become more widely known is why it is where it is. How many real companies do you know of who must convert debt at $0.00006 a share? Do you see many OTC stocks, the worst of the worst companies out there, who need to convert at that level?

See that 195,620,499 shares issued to GS Capital priced at $0.00006 per share. That covers $11,737 of the principal balance of $33,682 ordered in the preliminary injunction. Just spit ball a bit with a number that GS Capital may sell those shares and arrive at a number that will translate into trading losses by someone. Hey, lets just use the current number of $0.0014. That would be $273,868. Not a bad return on a $11,737 investment. Now get n there and see how much of that you can buy up. 😃

It's more about naked shorting...

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

NOTE 12 – SUBSEQUENT EVENTS
In 2024, GS Capital filed notices of conversion and were issued, in three tranches, 195,620,499 shares of the Company’s common stock at a price of $0.00006 per share on their note of October 11, 2021. (See Notes 7 and 11)

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