posted
LSTA's ask is at .0007 again. Every time that ask goes to .0007 it gets bought right through but it is also reducing the asks on .0008 which are now down to only 2! Its either gonna go to .0006 x .0009 or the bid is gonna rise! Its looking like there is a huge buyer at .0007 as someone bought 5.2 million in one block this AM and another just came through for 1.5 million!
Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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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.
posted
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).]
posted
Hey rick, I had to do real work today. The board sure has been busy since I left & returned. Now please, get LSTA busy! LOL
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).]
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
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.....
------------------ It's all technicals without fundamentals
posted
Tanangel Thanks for your reply. Appreciate it. I did some DD on it, and Stockpatrol was on LSTA's case a few months ago. The reports on LSTA didn't look very good. Not going to beat a dead horse, I am not going to post that here. We're not going to marry this stock, just gonna make money out of it. So.. @.0007, looks good. Perhaps worth risking a couple mill shares. worst case scenario is .0001. However, I'd feel better if we could get it @.0005. Lets see how tomorrow plays out.
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.....
posted
This is the reply I received from Investors relations dept. I also went ahead and gave my Phone number and I will ask more questions regarding that.
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.
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.
posted
stocktrader22 Member posted June 16, 2004 22:46 -------------------------------------------------------------------------------- Okay is this stock a scam or will it make another run. I got in at .0007 and have heard recently the CEO who sells all his shares for profit is diluting the stock more by increasing the float from 1 billion to 10 billion. Will this bring the share price to .0001 or will there be a run in the next week or so to .0015 level or above?
posted
Picked up another 300,000 shares this AM. That probably means it will go down LOL
Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
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posted
The volume is up and the lower end is moving up slowly! I think .0006 will roll onto the bid anytime now! Keep an eye on it they are do for PR any day now! Rick
Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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posted
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.....
------------------ 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!
posted
stockpatrol.com doesn't say good things but sometimes a stock moves up on bad news. Posts: 57 | From: calgary.canada | Registered: Jun 2004
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posted
Sorry took little bit longer I just got done talking to the investor communication department and mentioned all the concerns.
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.
------------------ It's all technicals without fundamentals
posted
Rick would you be kind enough to explain what you mean by branching out Capitol LSTA. and bymy understanding I think they already conduct concerts with some of the big names.
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.
posted
The news link I posted was kinda old but the possibility of them spinning off the SUB they started is a good one! Spin offs bring with them, New shares for current shareholders or shareholders as of a future date which is even better for current shareholders, and 100's if not 1000's of posters talking about a company online, or tons of free advertising! It also would bring with it the possibility for investors who get the spin shares to make money in 2 different divisions of the same company! I'm really hoping this is the path they are taking and adding aquisitions to the mix is a great thing! Rick
[This message has been edited by rickpic (edited June 21, 2004).]
[This message has been edited by rickpic (edited June 21, 2004).]
posted
Hey Rick if we take this new development into consideration do you see a potential to .01 in less than six months. I do see a huge potential as long as things stay on track I am looking for a strong open tommorrow..................
ciao bella
------------------ 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.
posted
Wow very unusual volume for LSTA, very low...where has all the interest gone, they need to release some news on their companies development.
Posts: 6266 | Registered: Jun 2004
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posted
I dont think it is a hole, because with such low volume and low interest with no news the stock has not closed at its 52 week low, and is staying pretty stable at .06-.07...I am just concerned that the float is not being increased for acquisitions but possibly houses and cars for the employees. We will see, but I am holding on.
Posts: 6266 | Registered: Jun 2004
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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.
posted
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
Posts: 1451 | From: Somersworth, NH | Registered: May 2004
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posted
lol I know about GWDL... that's definitely a scam "buy back" billions, dump twice the amount. @.0001 look for the R/S.
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
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