BlackStar Enterprise Group Inc (BEGI)

[Bubae]

For those new to this stock be aware that the numbers at the OTC site are not to be relied on. For months the number for the float has been false. Both the dates and the number of shares have been incorrect. What this does is mask the fact that dilution is taking place. When you see that float is very close to the outstanding shares count you could surmise that all the shares available are currently in the open market.

Screen shot from December 2023 shows that the float is 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 outstanding share count for August 2022 per the 2022 Q2 filing was only 285,357,307 shares.

The number of shares and date for the float are the same until the March 1st 2024 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. So we have a 427,319,679 share increase since December but don't worry because those have been free trading since August 2022. This would be wrong.

The next change for the float was March 28th 2024. 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 and that they are, and have been free trading, already in the market.. However we know that 427,319,679 shares were added to the outstanding share count for that period and the Q3 2023 filing states that the outstanding share count as of November 1st was 1,244,572,435 shares not 1,606,723,782 shares.


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,