BlackStar Enterprise Group Inc (BEGI)

[Bubae]

That's the way its done, dump it down and walk it back up and wait for the next bid build. Share update on the OTC site this morning showing zero increase backdated to the 10th and we know the $0.00065 conversions could have been had until the15th. We have seen this move before by Blackstar with a couple of zero increases followed by the share conversions.

Could be day one from what I see of what is likely a single tranche of what could be nearly 87 million shares. I see a six million share dump today that is suspect. we will see, but I'm counting starting today until we see otherwise. You buy now for support and I will when they go to reset at "...calculated at 50% of the average of the three lowest closing bid prices..." If they are coming with the new shares you won't be able to keep it out of the trips this time from what I see. GS Capital farmed the high teens while they converted more than 257 million shares priced at $0.00006 in February and March. This CEO will need to roll out those infomercials again for a repeat. Could happen, OTC traders are suckers for buying promotion.

Bubae
Re: moondogaz post# 13846
Thursday, May 16, 2024 7:55:43 AM
Post# 13847 of 13855
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174428819

I would assume someone will be converting a tranche during this period which could be as much as 4.99% of the OS which is nearly 87 million shares for each lender. Adar Alef and SE Holdings base their conversion price "...calculated at 50% of the average of the three lowest closing bid prices..." So I am looking for a sell down that lasts three days to price in the next tranche for these two. So the good news is the tree day window makes it easier to see the reset from which they will want to walk it up again for the setup for the CEO's next infomercial.