Do Your DD.
CD
[This message has been edited by Candydish (edited June 03, 2004).]
I love it! True trader...
quote:
Originally posted by realperson:
Ok I just got in at .0009
I want bank
what the heck did I buy
I am still laughing. Thanks, I needed cheering up today.
CD
Ok make it go up and post a note when its time to sell
Thanks
LSTA.... Some DD... IT'S UP 122%+
Good Luck!
CD
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Nothing's more fun than a Subs stock run!!!
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It's all technicals without fundamentals
quote:
Originally posted by Tanangel:
Can somebody be kind enough to give me a link where they read CEO buting 60 million Shares at .0017 thax
Go to www.nasdaq.com and type in the stock ticker symbol. Then on the left side look up filings. It should be right at the top.
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FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
I just emailed the investor relations at Live Star regarding their next events or next aquitions.
HOSPITALITY FINANCIA... 04/15/2004 50,000
GLOBAL SECURITIES
MIDIAN INVESTMENTS 02/01/2004 900,000
NEVWEST SECURITIES C...
CAPSTONE PARTNERS LL... 01/13/2004 1,648,750
TRAUTMAN WASSERMAN &...
CAPSTONE PARTNERS LL... 01/10/2004 1,648,750
EDGE TRADE SECURITIE...
MEYER, EDWARD JR 12/28/2003 555,000
D. WECKSTEIN & CO IN...
GOSSELIN, LIONEL P 12/05/2003 989,749
FIRST CLEARING CORP
GRACE HOLDINGS INC 11/24/2003 875,000
FERRIS BAKER WATTS, ...
STAUFFER, NEAL E. 10/31/2003 947,950
WACHOVIA SECURITIES
HOSPITALITY FINANCIA... 10/27/2003 500,000
GLOBAL SECURITIES
Realperson
Whatza Securities 06/03/04 1,060,000
Hope this flies.
quote:
Originally posted by will:
Got lucky, got in at .0008.
Damn it to hell. I tried but never got filled. Should this run within the next week?
quote:
Originally posted by Meshoe45:
I sure like how it shows .009
When do you expect all of this to happen?
quote:
Originally posted by Teufelmann:
Press Release Source: LIVESTAR Entertainment Group, Inc.
LIVESTAR Entertainment Group Inc. Announces the Finalization of New Business Transaction With the Sequel Nightclub & Lounge
Friday June 4, 11:29 am ET
VANCOUVER, BC--(MARKET WIRE)--Jun 4, 2004 -- LIVESTAR Entertainment Group Inc. ("LIVESTAR" or the "Company") (OTC BB:LSTA.OB - News) today announced that it has successfully finalized a new business transaction with the Sequel nightclub. Under the new transaction LIVESTAR, through a new wholly owned subsidiary, has executed a Business Lease Agreement (the "Lease") with the owner of Sequel, whereby LIVESTAR was provided the right to lease the business assets and operate its own establishment operation at the premises.
ADVERTISEMENT
As per the terms of the Lease, LIVESTAR will be the beneficiary of all the proceeds of operation and compensate the Sequel with a monthly lease payment. Details of the transaction can be found in our report on Form 8-K filed today with the Securities and Exchange Commission.According to the Founder, President and CEO of LIVESTAR, Mr. Ray Hawkins: "The business will still operate under the trade name of 'Sequel' and with the rights LIVESTAR has gained through the Lease we are proud to have completed a transaction that will put revenues on the Company's income statements. A business lease transaction is commonplace in the industry and we feel during the term of the lease we can generate revenues and earnings that will benefit LIVESTAR financially. In fact, the revenues are beginning to grow due to the change in season in Toronto."
Mr. Lall, the owner of Sequel, commented: "The commitment of myself and LIVESTAR management to finalize a new and equitable business transaction regarding the operations of the Sequel is a testament to our commitment to provide value to the shareholders of LIVESTAR by following through on developments even if certain business conditions and arrangements change."
The Company looks forward to the addition of further establishments to LIVESTAR, to the development of further business opportunities with Mr. Lall and to the continued development of our business plans.
quote:
Originally posted by Teufelmann:
Press Release Source: LIVESTAR Entertainment Group, Inc.
LIVESTAR Entertainment Group Inc. Announces the Finalization of New Business Transaction With the Sequel Nightclub & Lounge
Friday June 4, 11:29 am ET
VANCOUVER, BC--(MARKET WIRE)--Jun 4, 2004 -- LIVESTAR Entertainment Group Inc. ("LIVESTAR" or the "Company") (OTC BB:LSTA.OB - News) today announced that it has successfully finalized a new business transaction with the Sequel nightclub. Under the new transaction LIVESTAR, through a new wholly owned subsidiary, has executed a Business Lease Agreement (the "Lease") with the owner of Sequel, whereby LIVESTAR was provided the right to lease the business assets and operate its own establishment operation at the premises.
ADVERTISEMENT
As per the terms of the Lease, LIVESTAR will be the beneficiary of all the proceeds of operation and compensate the Sequel with a monthly lease payment. Details of the transaction can be found in our report on Form 8-K filed today with the Securities and Exchange Commission.According to the Founder, President and CEO of LIVESTAR, Mr. Ray Hawkins: "The business will still operate under the trade name of 'Sequel' and with the rights LIVESTAR has gained through the Lease we are proud to have completed a transaction that will put revenues on the Company's income statements. A business lease transaction is commonplace in the industry and we feel during the term of the lease we can generate revenues and earnings that will benefit LIVESTAR financially. In fact, the revenues are beginning to grow due to the change in season in Toronto."
Mr. Lall, the owner of Sequel, commented: "The commitment of myself and LIVESTAR management to finalize a new and equitable business transaction regarding the operations of the Sequel is a testament to our commitment to provide value to the shareholders of LIVESTAR by following through on developments even if certain business conditions and arrangements change."
The Company looks forward to the addition of further establishments to LIVESTAR, to the development of further business opportunities with Mr. Lall and to the continued development of our business plans.
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Nothing's more fun than a Subs stock run!!!
From:
Sent: Thursday, June 03, 2004 11:50 AM
To: investors@livestar.net
Subject: From Investor
HI,
I am writing on behalf on all 700 forum contributors who are shareholders and concerned investors in Live Star. Even with these new good development why the price is taking such a severe nose dive. Second your web site nor anywhere else it list your future plans, concerts or events.
Thank You
Thank you for contacting us concerning your interest in LSTA.
If you would please provide a phone number where you can be reached it would be most appreciated. I look forward to answering your questions, and getting the opportunity to speak with all of our shareholders.
LiveStar Entertainment Group Inc.
James A. Smith Investor Relations
investors@livestar.net 858.812.2863
www.livestar.net
I See a lot of red on the street but it is beautiful technical self fulfilling prophecy.
I am going to contact Investor Relation and would ask for the updated pictures on Sequeal and please do not forget to send in your Proxy everyone. That help Investors Greatly.
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It's all technicals without fundamentals
[This message has been edited by Tanangel (edited June 04, 2004).]
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It's all technicals without fundamentals
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Nothing's more fun than a Subs stock run!!!
TO THE SHAREHOLDERS OF .:
The annual meeting of the shareholders of LIVESTAR Entertainment Group, Inc. will be held at the offices of the Company at 62 W. 8 th Avenue, 4 th Floor, Vancouver, British Columbia, Canada V5Y 1M7 on June 25, 2004 at 8:00 a.m. Pacific Time, for the following purposes:
1. To elect two directors to serve until the next annual meeting or until their successors are elected and qualified;
2. To vote upon a proposal to amend the articles of incorporation in order the authorize the board of directors to increase the number of authorized common shares from 1,000,000,000 shares to 10,000,000,000 shares; and
3. Approve the following Livestar Entertainment Group, Inc. Stock Plans:
a) Employee Stock Incentive Plan for the Year 2003 approved by our directors on September 5, 2003 with 30,000,000 shares of our common stock in the aggregate authorized for issuance under the Plan.
b) Employee Stock Incentive Plan for the Year 2003 No. 2 approved by our directors on October 15, 2003 with 55,000,000 shares of our common stock in the aggregate authorized for issuance under the Plan.
c) Employee Stock Incentive Plan for the Year 2004 approved by our directors on January 29, 2004 with 100,000,000 shares of our common stock in the aggregate authorized for issuance under the Plan.
4. To transact any other business that may properly come before the meeting or any adjournment of the meeting.
Shareholders of record at the close of business on May 27, 2004 are entitled to notice of and to vote at the meeting. The Company’s proxy statement and its 2003 annual report to shareholders accompany this notice.
All shareholders are invited to attend the meeting in person.
BY ORDER OF THE BOARD OF DIRECTORS,
Ray A. Hawkins, President , CEO & Director
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Nothing's more fun than a Subs stock run!!!
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Nothing's more fun than a Subs stock run!!!
quote:
Originally posted by Dallas Boy:
Lololol, Will. Lessor of two evils. Delution is never good, unless they have a specific plan for Aq's and growing the business.
Delution to buy Corvettes and new homes is what we DON'T want to see. lolololololol
We'll just have to keep an eye on it:-)
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Nothing's more fun than a Subs stock run!!!
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It's all technicals without fundamentals
[This message has been edited by Tanangel (edited June 07, 2004).]
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It's all technicals without fundamentals
Want to bring this thread to the top
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It's all technicals without fundamentals
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hutn for stock
Right!
haha
CHEERS!!!!!!!!!!!!!TROUT
Just a few questions with regards to Livestar.
1. What is LSTA's revenue source?
2. A/S will most likely increase to 10 Billion. Why increase when their O/S is only slightly more than 400 mill?
3. What is LSTA's potential?
.0007 is mighty attractive right now,
but I can't find any useful DD on LSTA. Their webpage hasn't been updated and every link goes back to the main page.
Last event shown was in March.
Did u buy based on purely technical analysis? TIA.
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hunt for stock
[This message has been edited by rickpic (edited June 14, 2004).]
quote:
Originally posted by rickpic:
LSTA's main form of income is Concert promotions and production! They have recently anounced that they are going to start a subcidiary that will be primarily to help other Promoters get finacing to cover expences of there bookings at a fee I believe! They may announce a spin off of this sub. but I'm not sure! There upping the A/S and it looks like they are looking to expand with aquisitions of other related companies. They are also in the bar or lounge buisness and own several club. They sould be announcing the openings of several more soon! The CEO just took an option to buy 60 million Common shares @.0017 so I assume that he has a reason for this and it should be good for the shareholders!
The other reason to hold this stock is the runs it has! LSTA spikes frequently from this level to .002 and up. That is a very good return on a short term investment!
Rick[This message has been edited by rickpic (edited June 14, 2004).]
quote:
Originally posted by CH:
ON 0.0006 MILLION SHARES R ONLY FOR 600 $.
hmmmmmmmmmmmmmmmmmm.
($ $)
v
did you get it?
I put in that same order just now - hope it fills
The one bad thing about LSTA their PR stays very quiet which is not helping at this time. Hopefully they will start talking more after the June 25th and we will see a good run. IMHO
BEside I made good money in it and looking to make some more. But please do your DD it always help and let ride this baby.....
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It's all technicals without fundamentals
quote:
Originally posted by Tanangel:
Simpleguy sorry for the late reply been busy with outside work, missed the whole day of trading.
Well I use strong Fundamentals and Historical technicals. Looking at LSTA Yes they want to increase the number of shares to 10 billion, which I believe is going to be used for purchasing intrests in new ventures at the smae time I believe increase in the incentive package is going to be used for retaining and hiring stronger team.
I believe their core revenue source is promoting celebrities concerts and club promotions. Example If you go to any of the hottest club the people at the door usually do not have anything to do with the club it self, Clubs usually hire outside firms who do the promotions and check ID and charge fees for entry which in turn is their main source of revenue. Only downside to Club promotion is it's only Hot for six months than some other club become the hottest thing or the old club get renovation and open under different name to keep it popular. The revenues from initals promo usually are pretty good but it's always 6 to 9 mos life. That is why I believe LSTA also do Concert promotions to solidfy their revenues.
One problem they had was with sequeal before regarding revenues but they renego. the contracts where they will receive monthly revenues.
Technically last time I entered in the market at .0007 and liq. everything at .0022 and agian technically looking at it we are looking at a perfect dbl bottom to play out low on both times have been .0005. (ONLY IF I CAN GET THE PRICE, but not with MM's.
LSTA historical price rangehas been .0005--.19. Potential of this stock is up to you to decide but I believe it does have a potential to test .01 because my friend we are at the bottom of the barrel right know.The one bad thing about LSTA their PR stays very quiet which is not helping at this time. Hopefully they will start talking more after the June 25th and we will see a good run. IMHO
BEside I made good money in it and looking to make some more. But please do your DD it always help and let ride this baby.....
Thanks again for your continued support. I would again love to answer your question directly. If you would provide a phone number where you can be reached it would be appreciated and allow for a much faster relay of information.
Look forward to hearing from you.
Best regards,
LiveStar Entertainment Group Inc.
James A. Smith Investor Relations
investors@livestar.net (619) 609-6068
www.livestar.net
Sent: Monday, June 07, 2004 1:12 AM
To: investors@livestar.net
Subject: Major Concern
Mr. Smith
Thank you for your reply to my email your email was passed on the forum and we also discussed about the latest developments. Some of the major cocerns were highlighted :
Company will be issuing more stocks from 1 billion to 100 billion, this much dilution would it not crash the price since the market is already trading at lowest levels. How would it be good for the investors?
Employee Incentive plans are getting pretty huge compare to what they are know, how would the cost justify for this increase expenses.
We have not seen any numbers or projection which reflect that the new venture Sequel will profit Live Star bottom line.
All the concerns were written after a concensus was taken on priorty and importance bases.
Thank you
I think it is 1 billion to 10 billion shares (NOT 100 billion)
SCAM SCAM hmmmmmmmmm...................................I DON'T THINK SO....
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2 BE OR NOT 2 BE hmmmmmmmm LET BUY THE SUCKER :p
CHEERS!!!!!!!!!TROUT
Anyhow back to the main point I did receive a call message from San diego from Jeff who is investor relation for LSTA and I am going to be talking to him tommorow regarding any concerns and will certainly rely his answers. I am not pumping but folks this is the time to accumulate. Million shares at .0007 and liquidating at .0014 where it was 2 weeks ago is 100% return.............
Caio Bella.....
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It's all technicals without fundamentals
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It's all technicals without fundamentals
quote:
My god PPl don't give up this easily the game is just starting. You guys are buying stocks at .0007 that is three zero behind the decimal and I still see the potetial for this stock to rocket to the moon.
I have done in depth DD folks.....we are looking good and this will be the good old days. I don't know If you guys know but the 52week high on this stock is .19.............19 ppl look at your holding multiplyby that number I am not saying this will rocket to that point but I do see a potential to test .01.
Anyhow back to the main point I did receive a call message from San diego from Jeff who is investor relation for LSTA and I am going to be talking to him tommorow regarding any concerns and will certainly rely his answers. I am not pumping but folks this is the time to accumulate. Million shares at .0007 and liquidating at .0014 where it was 2 weeks ago is 100% return.............Caio Bella.....
Tan,
I'm new to this stock as of Thursday A.M. Please do post whatever you hear from the IR guy. I appreciate your efforts!
Investor relations is handled by comapny out of san diego called LFS or www.4lfs.com.
Concerns which I listed are:
Why share number will be increased from 1 billion to 10 billion, isn't much dilution going to effect the stock. Answer to that question was Stock is going to be used for acquition of new ventures.
Did Live star received back the money and the 1 million prefferd shares given to Terrance lall for the acquition of sequel and why he could not come up with audited reports for the sequel. major concern raised on stockpatrol.
What is the projection for givivg 5000 to sequel every month. Answer to that question was that LSTA is running the place, will take all the revenues generated and will be responsibles for the bills. So I am not mistaken they are leasing the place from Terrance Lall.
Who are the seven employee beside Ray Hawkin and Kwon and what is their job responsibilities and why are they receiving 250 million shares incentive plan which has already been registered in S-8.
Why is there a proxy if the 250 million shares are already registered on S8 filled on may7.
What is the projection for revenues and how come there isn't much news coming out on plans.
Yes the leasing agreement for the sequel club is five years renewable.
Person I talk to is Jerry Bacall.
I am going to be receiving a call from them tommorrow and I will let every body know there responses to make a informed decision. But if anybody thinks I missed something please post and don't forget to send in your Proxy if u received.
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It's all technicals without fundamentals
My questions would be
1. Will they be spinning off the new LIVESTAR Entertainment Capitol branch of LIVESTAR?
2. When might we see an updated PR on current company afairs?
3. Is LIVESTAR in negotiations with any big music industry star/names, or attempting to bring in big stars/names?
if I think of anymore I will put them up tonight!
Thanks Rick
This link should explain what I figure they may spin off!
https://custom.marketwatch.com/custom/ameritrade-com/html-story.asp?news=latest&nx=&bx=&guid={E84176FB-1193-45F0-B43B-647FEC1DF732}&symb=LSTA&sid=1498583
New Names as in are they persuing MORE new Big name Stars!
LIVESTAR Entertainment Group Inc. Announces the Formation of LIVESTAR Entertainment Capital to Support Its Growth Plans
5/26/2004 12:00:28 PM
VANCOUVER, BC, May. 26, 2004 (MARKET WIRE via COMTEX) -- LIVESTAR Entertainment Group Inc. ("LIVESTAR" or the "Company") (OTC BB: LSTA) today announces it has formed a wholly owned subsidiary, LIVESTAR Entertainment Capital Corporation. This unit will play a key role in the future of LIVESTAR as management believes the opportunities that exist in the funding of entertainment properties is vast.
As discussed in our 10KSB report for the annual period ending December 31, 2003, the Company is beginning to develop relationships with financiers, investment bankers and investment advisors to structure numerous plans to secure funding for developing LIVESTAR's establishments.
Ray Hawkins, CEO of LIVESTAR commented: "In addition to financing the development of nightclubs, restaurants, supper clubs and bars, LIVESTAR Entertainment Capital Corporation plans to develop programs to provide capital to other LIVESTAR potential acquisitions and developments. Programs from LIVESTAR and this new subsidiary may include leveraging our operational management skill, capital and access to capital to grow its business by allowing LIVESTAR to be a leader in taking advantage of numerous joint venture, development and acquisition opportunities. There are many areas in entertainment that we feel are niche opportunities that fit the overall LIVESTAR business plan. We feel that the financing arena allows LIVESTAR to take advantage of these opportunities by being not only a financier but by being a conduit for other funders to access our management's talent to recognize opportunities for capital allocation."
LIVESTAR Entertainment Capital plans to seek out strategic opportunities in a number of growth industries. The Company intends to target early to mid stage businesses, and then provide management assistance and growth capital in developing the businesses to become acquisition targets of larger enterprises or to cultivate them to become public companies.
This implementation of certain aspects of our previously mentioned strategic plan allows the Company to begin to more accurately reflect its planned overall business model as an entertainment oriented venture development company with diversified interests including those that may be outside of the live entertainment industry.
In closing, Edwin Kwong, CFO of LIVESTAR stated: "The Company's long-term outlook, we believe, has been made more positive through the launch of this new wholly owned subsidiary. The benefits of access to capital for the purpose of moving into the financing of various clients, entertainment properties, entities and assets we believe may be translated to income generation success for the Company and over the long term increased value for the shareholders."
ABOUT LIVESTAR ENTERTAINMENT GROUP, INC.
The core business of LIVESTAR Entertainment Group, Inc. is the development of entertainment entities, specifically; Liquor Licensed Entertainment Establishments (namely nightclubs and lounges) and Live Entertainment (concerts and special events).
Statements contained herein that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. LIVESTAR Entertainment Group, Inc. intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause LIVESTAR Entertainment Group, Inc.'s actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in LIVESTAR Entertainment Group, Inc.'s applicable public filings on record with the Securities and Exchange Commission which can be viewed at its website at http://www.sec.gov.
Please visit our website: www.LIVESTAR.net.
For more information please contact:
Investor Relations
investors@LIVESTAR.net
Phone: 858-812-2863
SOURCE: LIVESTAR Entertainment Group, Inc.
Copyright 2004 Market Wire, All rights reserved.
[This message has been edited by rickpic (edited June 21, 2004).]
[This message has been edited by rickpic (edited June 21, 2004).]
ciao bella
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It's all technicals without fundamentals
Keep posting... as you know, the best thing to do would be to just ignore such comments and keep having fun. Your merits will speak for themselves and when the dust settles the light will burn those that hide in darkness.
HKF
Just out of curiosity, why do you think it's a hole? Is it just a feeling or did you do DD on it and come to the conclusion that it is?
If you did DD on it and came to this conclusion, could you kindly post the links please? Much appreciated.
quote:
Originally posted by Meshoe45:
I got out ahead of any crap happening.
I think its a hole.
quote:
Originally posted by Meshoe45:
Whoops my bad I was confused for a second sorry if I stunned you lol. I was confused with GWDL. I was in both of these last week, and got out of GWDL (thank God) for this week. its down to like .0001
quote:
Originally posted by SimpleGuy:
lol I know about GWDL...
that's definitely a scam
"buy back" billions, dump twice the amount.
@.0001 look for the R/S.
Luckily I got out once I did a little more DD. I didn't lose anything except $2 and $2 for the buy and sell.
quote:
Originally posted by Meshoe45:
Luckily I got out once I did a little more DD. I didn't lose anything except $2 and $2 for the buy and sell.
Meshoe - what stock trading do you use that it is only $2?
and are you happy with it?
quote:
Originally posted by Meshoe45:
Luckily I got out once I did a little more DD. I didn't lose anything except $2 and $2 for the buy and sell.
Yeah.. who are you using? and what minimum account funding do they require? Thanks.
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FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
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FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:
Originally posted by FurrySound:
Yeah.. who are you using? and what minimum account funding do they require? Thanks.
Freetrade.com and 5k
quote:
Originally posted by Meshoe45:
Freetrade.com and 5k
Thanks. So the $2 was just cause you were over the 20 free ones when you traded that stock
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FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
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Love this action
[This message has been edited by rickpic (edited June 24, 2004).]
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FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
[This message has been edited by FurrySound (edited June 24, 2004).]
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Love this action
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Love this action
quote:
Originally posted by Tanangel:
Rick Iam raising my exit point to .0023 looking for a good run
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Love this action
quote:
Originally posted by Tanangel:
I believe we are looking not just a dble bottom but a triple bottom second rejection from the region of .0005 is very positive technically it should initally target .0011 and then a retest of .0015, I believe the proxy news has already been factored into the market and they are looking to annouce some good news after proxy............looking for a good jump...................lets rock and roll
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Love this action
[This message has been edited by SimpleGuy (edited June 25, 2004).]
quote:
Originally posted by Spinoff:
Ok Guys just bought a 6 count so have a total of 10 and ready ta rock!!! COMON LSTA!!!!
Now I just sit and wait.
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Love this action
Long run 6 months- hoping for .01 again.
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Love this action
wheres the Bank
Dat was a Pump
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2 BE OR NOT 2 BE hmmmmmmmm LET BUY THE SUCKER :p
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Love this action
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FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
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Love this action
quote:
Originally posted by Tanangel:
I just got off the phone with jerry in San diego and he said he exactly do not know when they are releasing the press release but it would be soon which will reflect the result of the proxy and maybe any new plans. I also asked about allthe questions I mentioned and when these questions will be answered. He mentioned since they were busy with the proxy they were not able to write email back to me but they will do it as soon as possible. Second I asked if I can talk to Ray Hawkins himself. they mentioned that the request will be passed on to Ray.
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Love this action
LIVESTAR Entertainment Group, Inc. ("LIVESTAR" or the "Company") (LSTA) today announced that it has signed an agreement to develop the Manhattan of La Jolla restaurant into a newly styled restaurant and lounge to serve as a flagship for a chain of LIVESTAR owned Manhattan Restaurant and Lounges. With this agreement now complete, LIVESTAR plans to commence the development of this joint venture to launch the new business operation and to generate revenues as quickly as possible.
The initial Letters of Intent, executed between LIVESTAR and the principals of the original Manhattan, have been amended to now be a binding agreement for the parties to joint venture. LIVESTAR will initially participate via a minority interest in the Flagship Manhattan restaurant in La Jolla through its role as a remodeling financier, developer and operations co-manager. The highlight of the transaction is that LIVESTAR has acquired the rights to be the 100% equity owner of future Manhattan establishments and products with the principal founder's receiving fees and royalties for their participation.
The Flagship Manhattan will be developed to build on the tradition and successful 17-year track record of customer satisfaction that the original Manhattan has come to be known for. Key milestones that are conditions precedent in the agreement are items such as the approval of Liquor Licensing and the execution of additional contracts (i.e. a long form rights and royalties contract) to fulfill certain conditions of the agreement. Both parties are committed to working diligently and in harmony to fulfill all the conditions and to create a win-win situation for each other.
Ray Hawkins, Founder, Chairman and CEO of LIVESTAR, commented, "The track record of the previous restaurant combined with the vision we both have for the future of Manhattan provides a great foundation to build upon. With this in mind we plan to begin the necessary steps to have Flagship Manhattan developed as early as possible this fall. We feel the arrangement with the Flagship Manhattan should be financially beneficial to LIVESTAR, and we are ecstatic about the future development rights we are securing. We plan to immediately begin planning the second Manhattan establishment and have already begun discussions with investors interested in providing funding for such projects. We believe the future developments may be great income performers for LIVESTAR."
Mr. Wolf, co-founder of the original Manhattan, stated: "With the Flagship Manhattan scheduled to be the second establishment of the LIVESTAR network we are excited to get the premises renovated and open to serve our previous clientele and new patrons. The long time vision I have had for a successful business built around the Manhattan brand, menu and food products can now be realized through this joint venture with LIVESTAR. We hope the shareholders of LIVESTAR share our enthusiasm for the completion of this joint venture and the future potential of our business."
Mr. Ray Hawkins also added: "As previously noted, we are committed to building shareholder value through both new development and acquisitions and therefore we believe the opportunity to develop the Manhattan establishments is outstanding and consistent with our long term oriented strategy."
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Love this action
get in now if you want some
quote:
Originally posted by massageguy:
get ready for a run with lstaget in now if you want some
I am in - But I want to see some action!!!
quote:
Originally posted by stocktrader22:
Damn whats going on...still in at .0007....cut my losses or hold on?
I averaged down This is the bottom and it does move up fast patietence wait at least for the next PR also if they have additional shares to put on the market they will have to raise the PPS first Like QBID did
hold on people take this easy don't be cutting any losses now. Give it some time & c what this baby is going to do.
got 2 wait
Ray the CEO has no cash flow so he uses shares to pay employees and get the night clubs with. Lots of debt.
I am hoping lsta can turn around and make something of this new venture or there will be a stock reverse split in the future and then start all over again.
quote:
Originally posted by Cavehunter:
14,008,400 mill share traded
0.0006 20% upgot 2 wait
NE BODY THINKS MARRKET IS GOING TO DO BETTER ON JULY 5TH OR IS THE MARKET EVEN OPEN
quote:
Originally posted by massageguy:
check out lsta on ragingbull.com
It does not look favorableRay the CEO has no cash flow so he uses shares to pay employees and get the night clubs with. Lots of debt.
I am hoping lsta can turn around and make something of this new venture or there will be a stock reverse split in the future and then start all over again.
HOW MUCH IS THE DEBT NE BODY KNOWS.