BlackStar Enterprise Group Inc (BEGI)

[Bubae]

We all now that your two cents has been consistently wrong since this was trading above a penny. How about a few facts with links. GS Capital has the contract and appears to hold all the cards in this lawsuit. The pressure to settle is all on Blackstar and the consequences are so egregious that Blackstar is compelled to spend a ton of cash that they do not have to defend. It appears that they are wholly relying on the sympathy of the courts to me.

When you read the back and forth in the documents on the Nevada Supreme Court site you can see that Blackstar is way out of their depth in trying to defend their actions. The bottom line is in the Nevada Supreme Courts ruling denying the stay, "When a contract is clear on its face, it will be construed from the written language and enforced as written." That is a pretty powerful statement. Blackstar signed a terrible agreement for which they must now pay the consequences. This is what happens when there are adults are in the room.

...possibly GS Capitol is quietly buying up as many shares as they can afford to offer Blackstar a settlement deal before a judgement in court is rendered........just my 2 cents on it.

https://caseinfo.nvsupremecourt.us/public/caseView.do;jsessionid=DD86B554D3E6998D3A6E9EB41AA71067?csIID=68335

Document 24-05565
("When a contract is clear on its
face, it will be construed from the written language and enforced as
written." (internal quote marks omitted)); and appellant has not
demonstrated a likelihood of success on the merits sufficient to tip the
balance of the NRAP 8(c) factors in favor of a stay. Accordingly, we deny
appellant's motions.


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

Page56
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.