Home / Going-concern warnings / BLACKSTAR ENTERPRISE GROUP, INC.

4/5BLACKSTAR ENTERPRISE GROUP, INC. (BEGI): Going-concern doubt

Filed 2026-02-06 路 Form 10-Q 路 Accession 0001065949-26-000012 nano

Market data

Price before filing: $0.0003 (2026-02-05 close, split/dividend-adjusted)
Market cap at flag: $2.0M (2026-02-06) 路 Latest: $218,457 (2026-10-14)

What happened next

WindowBEGISPYvs SPY
30 days+66.7%+0.1%+66.6%2026-03-09
90 days-33.3%+8.3%-41.6%2026-05-07
180 days-66.7%+14.2%-80.9%2026-08-05

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-11-08 to 2026-03-08. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"As of March 31, 2025, the Company had cash of $ 193 , working capital deficiency of $ 2,838,388 and an accumulated deficit of $ 11,944,164 . These conditions raise substantial doubt as to the Company's ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-03-31)

Why this score: quarterly (unaudited) disclosure; also within 90 days: Auditor change, Late annual report (NT 10-K), Late quarterly report (NT 10-Q)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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