Replies to post #8825 on BlackStar Enterprise Group Inc (BEGI)

[Bubae]

Your estimate of 150 mil is not correct from what I have found on just the balance of the 698 million alone and disregarding the rest of the potential dilution. If they are playing by the rules for the initial dilution we are looking at roughly 450 million will continue through Q1 based on what I found detailed in the linked post below. Dates and figures provided. Those shares priced at an average of $0.00017 will make nice bank on both the way up and the way down. There has been, and will be a lot of retail losses going into the accounts of these toxic lenders. I have been saying this since late November.

I think they still possibly have 150 mill left from the shares exercisable after 12/31/23. Who knows ?

Bubae
Member Level
Re: None
Saturday, December 23, 2023 10:12:19 AM
Post# 7962 of 8825
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173492266

When we add those three groups up we find that 454,279,436 shares will become eligible on a rolling basis in tranches per the issuance schedule. We know that the outstanding share count hasn't changed since October 1st according to other posts on this board. So take the June 14th date and the October 1st date and we see that the rollout period for those shares was 14 weeks. So we are looking at 698,077,221 shares issues from Q1 through Q3 with an average conversion price of $0.00017. with 454,279,436 becoming eligible through Q1 2024.

[zombywolf]

I think this is headed for trips without any news. That is OK by me, as I didn't get any trips the first time around. Will be a buyer when in SP gets there. Just took a tester at .0068, glad I didn't go all in like I used to do.