{"schema_version":"secwatch.filing_event.v1","accession":"0001065949-24-000003","form_type":"8-K","ticker":null,"cik":"0001483646","company_name":"BLACKSTAR ENTERPRISE GROUP, INC.","filed_at":"2024-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.300097+00:00","generated_at":"2026-06-06T19:58:04.899172+00:00","sec_items":["2.04"],"event_type":"litigation","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"BlackStar faces forced conversion of up to 257M shares in GS Capital lawsuit; court stay granted pending appeal","bullets":["Remaining note principal of $33,682 paid in full, but plaintiff still seeks specific performance for conversion of ~257M shares.","Court ordered conversion of 62,084,333 shares (completed Dec 21, 2023) and two additional conversions of 62,023,333 and 65,168,333 shares completed.","Company posted $10,000 bond; mandatory injunction stayed for 30 days as of Jan 11, 2024; appeal filed to Nevada Supreme Court on Jan 12, 2024.","Company may need to increase authorized shares and faces risk of additional lawsuits and financial strain from ongoing litigation."],"urls":{"canonical":"https://secwatch.observer/filing/0001065949-24-000003","json":"https://secwatch.observer/filing/0001065949-24-000003.json","markdown":"https://secwatch.observer/filing/0001065949-24-000003.md","text":"https://secwatch.observer/filing/0001065949-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1483646/000106594924000003/0001065949-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1483646/000106594924000003/blackstar8kjan232024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T19:58:04.899172+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"678984b8b353e0414b31efc01dbe0cc27de56c1a","claim":"BLACKSTAR ENTERPRISE GROUP, INC. reported a default on convertible notes of $33,682 with GS Capital Partners LLC at not specified maturing October 11, 2021.","evidence_excerpt":"The lawsuit relates to a claim regarding the purported unavailability of shares to convert against the remaining principal and interest on a Promissory Note entered into on October 11, 2021, which had a remaining principal balance of $33,682.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1483646/000106594924000003/0001065949-24-000003-index.htm","confidence":0.85,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$33,682"},{"label":"Counterparty","value":"GS Capital Partners LLC"},{"label":"Rate","value":"not specified"},{"label":"Maturity","value":"October 11, 2021"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}