Replies to post #10986 on BlackStar Enterprise Group Inc (BEGI)

[gshores]

yep, his storytime hour is coming to an end. Share structure unchanged again. great job Joe.

[Bubae]

LOL, no increase in the OS. Of course not, Blackstar has a restraining order preventing then from trading any new shares. 🙄 The date of the restraining order was November 9th 2023. Now that we have the 8K we can see that the last increase was at least partially due to a court order, probably the restricted shares as well. Blackstar had a lot of dilution queued up for this promotional period and it got shut down. The toxic lenders have made nice bank off those shares priced at only an average of $0.00017 but Blackstar couldn't take advantage of this run for the most part. So the need to convert is still there. How many shares will now take after the settlement and the restraining order is lifted to move that paper.


FORM 8-K
https://www.sec.gov/ix?doc=/Archives/edgar/data/1483646/000106594924000003/blackstar8kjan232024.htm

At the outset of the case, a temporary restraining order was entered preventing the Company from trading any shares.