That it isn't moving higher no mystery. My comment linked below in post #12266 the morning of the March 22nd infomercial with 119 million shares traded for the day. I predicted $0.0019 as the potential and that is what it closed at for the day and you can bet tens of millions of new shares were dumped. Those converting are in a sweet spot here where traders will generally hold with the promotions and they can still create some liquidity. That will eventually fail and Blackstar has a LOT of debt that matured two years ago that converts at 50% discount to market. With interest those two notes in the S-1 that matured two years ago would be more than $800K now. See those 195,620,499 shares of the Company’s common stock at a price of $0.00006 per share issued to GS Capital lawsuit so far for 2024? That is only $11,737 at $0.00006. Those shares likely moved at a minimum average since January 1st of $0.0019 would be $371,678. THat number is likely much higher. That represents what has been, and will be, trading losses for someone.
Pump it Pump it!!! Same crap another day for the fools who will chase the social media promotion. 🙄 Worked in December after the dilution dump. Now some have likely loaded here and see the potential to drive it to $0.0019. Flip them if you have them.
In 2024, GS Capital filed notices of conversion and were issued, in three tranches, 195,620,499 shares of the Company’s common stock at a price of $0.00006 per share on their note of October 11, 2021. (See Notes 7 and 11)