BlackStar Enterprise Group Inc (BEGI)

[Bubae]

I support all my opinions with information from the filings with links. You on the other hand have been posting conjecture riddled promotion since this was trading above a penny. I warned about the dilution beginning at the end of December and I see a return to heavy dilution again beginning at the end of June. This is to say nothing about the two notes of the S-1 offering that matured two years ago detailed in post# 13187. Funny, I can post your misinformation since November all day long yet you can't find a single post where I have lied about anything. 🙄

For the quarterly period ended March 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001483646/000106594923000051/begi-20230331.htm.htm

As of May 5, 2023, there were 683,446,845 shares of the registrant’s common stock, $0.001 par value, issued and outstanding, not including shares reserved for conversion of notes.


Bubae
Re: moondogaz post# 13186
Tuesday, April 23, 2024 8:01:32 AM
Post# 13187 of 13400
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174287591&txt2find=matured%2Btwo

They have accumulated far more new debt than they have been able to convert the past year with more than a billion new shares issued. Now consider that the two remaining notes in the S-1 offering are still intact as of the current filing with principle balances outstanding of $584,079 and matured two years ago. Those notes with interest would be worth North of $800K now. The S-1 only registered 46 million shares and appears to be of little use to settle these notes. Form D filings done at the time the notes were written but would not be enough from what I see and would represent restricted shares. What happens if either of these lenders choose to exercise their rights to convert at 50% discount to market under the terms of the notes. Does Blackstar tell these lenders to shag off like they did GS Capital and end up in another very costly lawsuit?