Replies to post #13565 on BlackStar Enterprise Group Inc (BEGI)

[Bubae]

You may see some serious profit taking as sellers fear losing out to dilution. But it looks like that 7 million share dump got everyone's attention. The volume died and I even see quite a few 5K and 10K trades to keep it active. We will know when they update the share count and they won't until they are done with what they have in my opinion. Q1 in a couple of weeks for details. Meanwhile they can cash in those conversions at $0.00065 for another nine days before the calculated price goes up. I don't know where the new money came from but this quick runup offers a nice opportunity for those conversions.



Bubae
Re: Short Squeeze post# 13485
Thursday, May 02, 2024 8:20:11 AM
Post# 13499 of 13570
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174343438

The last share count update was April 12th. The best opportunity to begin converting those two large notes for Adar Alef and SE Holdings with this runup and after dumping the GS Capital shares would be based on the April 18th through 23rd closing prices giving them a conversion price of $0.00065. Details in Post# 13480 linked below. After the 23rd the calculated conversion price will begin to go up substantially so the window of opportunity for this runup is locked in. I doubt that we see any share count update until they have done the deed and they will be showing their hand soon with the Q1 filing around the middle of May. The SEC requires at least a basic level of transparency with the filings so pay attention.