My posts are for those new conducting their own due diligence. The words of the company can be powerful and those who have been promoting this for months are at a loss as to how to respond. Looking forward to the Q1 to see if anyone requested their conversions. I expect that they will file a late notice to hold off revealing what has been going on for as long as possible. One thing we have learned for certain since the beginning of the year is that this CEO has been working closely with these lenders to get the new shares into the market for the highest price possible. Blackstar on the other hand has been getting a pittance of debt relief relative to the profits being banked by these lenders.
Three conversion possibilities for this period to the end of June when those restricted shares that were issued in Q4 2023 are ready. The Adar Alef and SE Holdings notes total $584,079 in principle earning 24% interest and have been in default since 2022. Those two notes have until the 15th to lock in their conversions at $0.00065 based on 50% discount to market based on conversion language for the past twenty trading days. After which the price has been rising so to does the conversion price. The balance of the GS Capital note plus interest which has a 50% discount to market based on the lowest trading price of the previous twenty days should also be available. Then there is the 52 million restricted that has vested which could be shares from the Form "D" registration filed in May 2023. Bubae Re: None Wednesday, May 01, 2024 6:11:13 PM Post# 13480 of 13815 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174341318