BlackStar Enterprise Group Inc (BEGI)

[Bubae]

Nice to have you back even if it is a juvenile drive by. You were wrong in your December post, I didn't show up here until it was trading above a penny. Second, the price the day before your dim wit comment on December 23 was a high of $0.0087. By January 4th the dilution dumped this down to $0.0019. The dilution is far from over. Next up is the two large notes which could be worth more than $800K at this point. Stay tuned.


WorkinGreen
Re: burner67 post# 1918
Saturday, December 23, 2023 9:15:33 PM
Post# 7977 of 13534
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173494881
Correct me if I am wrong bubae but you and your dynamic duo and aptly named side-kick… burner67… have been advising retail traders not to buy $BEGI since it was sitting at a price of .0007 and below. Is this correct?

There seems to be good reason to doubt the accuracy of your assessments/interpretation of events. You seem overtly biased.

Just a thought.


Bubae
Re: None
Wednesday, May 01, 2024 6:11:13 PM
Post# 13480 of 13534
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174341318

Those notes can convert at 50% discount to market calculated from the average of the three lowest closing bid prices for the previous 20 days. The three lowest closing prices going back to April 18th is $0.0014 for an average closing bid price of $0.0013 or a calculated 50% discount conversion price of $0.00065. With the 4.99% equity blocker at the current outstanding shares count they could convert as many as 86,841,815 shares per tranche. That is potentially two lenders doing this.