BlackStar Enterprise Group Inc (BEGI)

[Bubae]

Result of the April 22nd court hearing for the GS Capital lawsuit. Another bad result for Blackstar as expected. Bench trial scheduled for January 2025. Meanwhile the cash burn for legal fees continues. All you have to look to is how expensive these new notes are and all cash is borrowed. Zero revenue for this operation. Consider the legal fees for 2023 in the annual below and know that GS Capital didn't file the lawsuit until November 6th.

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

Page 56
Results of Operations
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.

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

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