Annual Statement of Changes in Beneficial Ownership (5)

FORM 5 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). [ ] Form 3 Holdings Reported [X] Form 4 Transactions Reported	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0362 Estimated average burden hours per response... 1.0
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * INTERNATIONAL HEDGE GROUP, INC.	2. Issuer Name and Ticker or Trading Symbol BLACKSTAR ENTERPRISE GROUP, INC. [BEGI]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director                    __X__ 10% Owner _____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle) 1711 WALES DRIVE	3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY) 12/31/2021
(Street) BERTHOUD, CO 80513 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed(MM/DD/YYYY)	6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form Filed by One Reporting Person ___ Form Filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)	4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price
Common Stock	6/22/2018		J4 (1)	962963	A	(1)	12242593 (1)	D
Common Stock	1/25/2019		J4 (2)	10000	D	(2)	4792702 (2)	D
Common Stock	5/28/2019		J4 (2)	150000	D	(2)	4792702 (2)	D
Common Stock	6/26/2019		J4 (2)	139891	D	(2)	4792702 (2)	D
Common Stock	12/17/2019		J4 (2)	7150000	D	(2)	4792702 (2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (MM/DD/YYYY)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
					(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A Convertible Preferred Stock							1/25/2016	(3)	Common Stock	100000000		1000000 (3)	D

Explanation of Responses:
(1)	As part of the cancellation of the previously reported retirement of 16,370,370 shares to treasury by International Hedge Group, Inc. occurring on June 18, 2018, 962,963 shares were issued back to IHG, Inc. (should have been issued to International Hedge Group, Inc.) creating a separate certificate on June 22, 2018. Thus, the total holdings of International Hedge Group, Inc. (including certificates listed as IHG, Inc.) should have been 12,242,593 as of December 31, 2018.
(2)	On January 25, 2019, International Hedge Group, Inc. retired 10,000 shares to treasury simultaneously to the issuance of 10,000 shares issued for services. On May 28, 2019, International Hedge Group, Inc. (certificate listed as IHG, Inc.) retired 150,000 shares to treasury simultaneously to the issuance of 150,000 shares issued to loan holders. On June 26, 2019, International Hedge Group, Inc. retired 139,831 shares (certificate listed as IHG, Inc.) to treasury simultaneously to the issuance of 139,831 shares issued under the Power Up Lending convertible promissory note. On December 17, 2019, International Hedge Group, Inc. retired 150,000 shares to treasury simultaneously to the issuance of 150,000 shares issued to loan holders and retired an additional 7,000,000 shares to treasury as part of management's anti-dilutive strategy. The total shares beneficially owned by International Hedge Group, Inc. (including IHG, Inc. certificates) as of December 31, 2019, 2020 and 2021 was 4,792,702
(3)	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. John Noble Harris, the Issuer's CEO and Director and Joseph E. Kurczodyna, the Issuer's CFO and Director, are Officers, Directors and Owners 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 Super Majority Voting Preferred Stock which votes 60% of the common at all times and has the right to convert all of the Class A Super Majority Voting Preferred Stock (1,000,000 shares) into 100,000,000 shares of common stock of the Company. No conversion of preferred shares is planned at this time.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
INTERNATIONAL HEDGE GROUP, INC. 1711 WALES DRIVE BERTHOUD, CO 80513		X

Signatures
/s/ Joseph Kurczodyna, CFO		6/30/2022
**Signature of Reporting Person		Date

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