5//SEC Filing
INTERNATIONAL HEDGE GROUP, INC. 5
Accession 0001065949-24-000135
CIK 0001483646other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 2:11 PM ET
Size
6.9 KB
Accession
0001065949-24-000135
Insider Transaction Report
Form 5
INTERNATIONAL HEDGE GROUP, INC.
10% Owner
Holdings
- 4,792,702
Common Stock
- 1,000,000
Class A Convertible Preferred Stock
From: 2016-01-25→ Common Stock (100,000,000 underlying)
Footnotes (2)
- [F1]International Hedge Group, Inc. ("IHG") controls voting of the BlackStar Class A Super Majority Voting Preferred stock which votes 60% of the common at all times. Mr. Kurczodyna has control of IHG through IHG Class A Super Majority Voting Preferred shares.
- [F2]The Class A Preferred Convertible Stock can be converted at any time at a ratio of 100 shares of the common stock of the Company for each share of preferred stock of the Company. These shares do not have an expiration date. Joseph E. Kurczodyna, the Issuer's CEO, CFO and Director, is an Officer, Director and Owner of International Hedge Group, Inc. Mr. Kurczodyna is the controlling shareholder of IHG through his sole ownership of preferred voting stock of IHG. Mr. Kurczodyna, through IHG, controls voting of the BlackStar Class A Supermajority Voting Preferred Stock which votes 60% of the common at all times and has the right to convert all of the Class A Supermajority Voting Preferred Stock (1,000,000 shares) into 100,000,000 shares of common stock of the Company, which at this time would be approximately 5% of shares outstanding. No conversion of preferred shares is planned at this time.
Documents
Issuer
BLACKSTAR ENTERPRISE GROUP, INC.
CIK 0001483646
Entity typeother
IncorporatedCO
Related Parties
1- filerCIK 0001700349
Filing Metadata
- Form type
- 5
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 2:11 PM ET
- Size
- 6.9 KB