quote:Originally posted by Breezer: So I should just hold and wait? I have a million shares
I think so but you need to make your own decision on that. I know I'm holding and plan to make money on this one, it may take a month or so or a little longer but I think this one will rise, of course I don't trust any pinks so I will be taking profit as it goes up.
Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
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quote:Originally posted by poorman: I think so but you need to make your own decision on that. I know I'm holding and plan to make money on this one, it may take a month or so or a little longer but I think this one will rise, of course I don't trust any pinks so I will be taking profit as it goes up.
to breezer I think you should do your own research and don't just rely on others on this system to tell you to sell or not.
[This message has been edited by massageguy (edited July 16, 2004).]
************ Inc.: OTC Market Movers: ATIG, PCCL, LSTA, GWAD, NXIA 7/16/2004 10:44:43 AM Jul 16, 2004 (M2 PRESSWIRE via COMTEX) -- Stocks in the News: Atlantis Internet Group Corporation ( ATIG ), Pacel Corporporated ( PCCL ), Livestar Entertainment Group Incorporated ( LSTA ), Gateway Distributors Limited ( GWAD ), Nexia Holdings Incorporated ( NXIA )
Atlantis Internet Group Corporation ( ATIG ), a developer of proprietary online gaming software, recently announced that President and CEO Donald Bailey was recently interviewed by Wall Street Reporter ( http://www.******************.com) on how the company seeks to gain revenue from potential licensing agreements as well as its further development of its proprietary software.
Pacel Corporporated ( PCCL ) shares closed down 21.74% yesterday at $0.0018 after news that the company has raised $2,860,000 in capital which will allow the company to acquire state-of-the-art human resource information systems to support and grow its customer base.
Livestar Entertainment Group Incorporated ( LSTA ) shares remained unchanged yesterday despite above average trading volume. The company announced yesterday that it has completed a Joint Venture Agreement to develop its next liquor licensed entertainment establishment in Toronto, Ontario.
Gateway Distributors Limited ( GWAD ) shares lost 19.23% dropping the share price to $0.0021 yesterday despite news that the company recently opened a distribution center in Phoenix. which will begin distribution of beverages to local stores this month.
Nexia Holdings Incorporated ( NXIA ) shares were down 25% yesterday to close at $0.0006. Nexia recently announced that one of its subsidiaries began renovating the historic Wallace-Bennet building in Salt Lake City.
The Market closed with losses in the three major indices as the Dow Jones lost 0.45% while the Nasdaq and S&P500 lost a respective 0.11% and 0.43%. Just a few weeks ago interest rates were expected to increase 50 basis points (1/2%) at the June 30 FOMC policy meeting. However, attitudes have changed after a few soft economic numbers leaving investors weary that the Fed will not even go up 50 basis points between two meetings.
posted
Here is what LSTA press release said, so sounds like that might be us with remodeling etc... Terry Lall, commented: "Elm Street has been structured to be a great win-win situation for all involved. We are pleased that the ongoing discussions between my entertainment investment and development group and LIVESTAR resulted in this Joint Venture Agreement. Renovations have commenced and together we are now working to open the establishment as soon as possible. CD
quote:Originally posted by Doctoall: I tried to call the number for Fosters in Toronto and it has been disconnected. A friend of mine in Toronto told me thet Fosters is out of business and that there is a new night club going in there. I hope that its us
Posts: 240 | From: Buda, Texas, USA | Registered: May 2004
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posted
That's us! The addresses match, and it shows it on the web site. Foster's "old" address: Foster's on Elm 31 Elm St. Toronto, ON M5G1H1
On LSTA site: The company is pleased to list the following LiveStar Establishments. Following closing negotiations / acquisitions, additional venues will be added to this page. Photos will also be published here shortly so be sure and check back again soon.
Elm Street 31 Elm Street, Toronto, Ontario
Posts: 240 | From: Buda, Texas, USA | Registered: May 2004
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posted
Man thats a great spot in Toronto, I grew up in Toronto and use to go to Yonge Street to party, it was a hot spot back then. Now it has developed into a 24/7 party central for all types of folks. The new place will no doubt rock. As I now live in California I may need to take a trip back home to check it out when it opens I will try to get more shares with market open on Monday. Maybe a great place to celebrate our good fortune when LSTA hits.
------------------ "If We Agree To Disagree, Then We Can Remain friends"
Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
CH: Just so that you don't feel left out you are also invited.
Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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quote:Originally posted by Doctoall: Man thats a great spot in Toronto, I grew up in Toronto and use to go to Yonge Street to party, it was a hot spot back then. Now it has developed into a 24/7 party central for all types of folks. The new place will no doubt rock. As I now live in California I may need to take a trip back home to check it out when it opens I will try to get more shares with market open on Monday. Maybe a great place to celebrate our good fortune when LSTA hits.
R they building a new theater or did they bought a place it.
posted
My Pop who is smarter than me says the extra shares used for expansion have slowly been sold and have inceased supply and when thats done and it should be by now the price will move up fast because the regular penny guy will not sell at these prices Just a thought
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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quote:Originally posted by realperson: My Pop who is smarter than me says the extra shares used for expansion have slowly been sold and have inceased supply and when thats done and it should be by now the price will move up fast because the regular penny guy will not sell at these prices Just a thought
I agree I'll be buying more in the AM
Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
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posted
All my stocks are tanking -all of them including LSTA. BUT since LSTA could not go much lower, I reasoned - why not just get more - I mean, could it go lower?????
I put in an order on Monday afternoon for 500,000 shares at .0001 thinking it would never fill. Someone sold 5000 soon at .0001 and I got them. But the rest did not go through. I had it on "GTC" and still had 495,000 left to get. but the stockmarket closed. To my surprise, last night, when I got home, I had an email that said Scottrade executed trade - 495,000 at .0001. I could not believe it. Wish I had put in for more. It almost seemed like a fluke. But I am happy.
posted
Breezer, It could go lower, a lot lower, if they have a reverse split. I'm hoping that's not the case as I'm in at .0004 but it could happen.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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quote:Originally posted by Upside: Breezer, It could go lower, a lot lower, if they have a reverse split. I'm hoping that's not the case as I'm in at .0004 but it could happen.
Really - it can go lower than .0001? Tell me waht you know about a reverse split and how that can affect LSTA.
posted
Breezer, If I'm talking "down" to you please accept my apologies but I'm unaware of your knowledge in this area. Anyway, let's say that LSTA has a 1 for 500 reverse split and it happens on a day when the stock is at .0005. That means that for every 500 shares you own, they take them away and issue you 1 share of the new stock. So, if you own 5 million now, after the split you would have 10 thousand. The stock price would be adjusted by the same 500 multiple so in this case it would be at .25 per share. In essence, your value is the same, you have fewer shares but at a much higher price per share. The problem is that virtually all stocks that have a reverse split tumble down to their original levels after the split. So within a few weeks you could wind up owning 10 thousand shares at the same .0005 price. Two recent examples of this are GWAD which was GWDI and AFRT which was AFRR. GWDI had a 1 for 900 reverse split which took the share price to around .18 a month ago and today it is at .0013. AFRT did the same thing, I don't remember what it split to, somewhere around .15 a few months back, and today it closed at .0007. I'm not saying that this is going to happen with LSTA but with the large outstanding amount and the tanking price per share, it's certainly a possibility.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
Upside - thanks for the input. and no you were not talking down to me - I am a newbie and have lots to learn so I appreciate your explanation and I appreciate your attitude. One thing I have always liked about ALLstocks is that most people (like you) seem to be very helpful and there does not exist this constant bashing and put downs like on some other boards. So again - thanks!
Upside - I am assuming that they do not tell you ahead of time of the R/S- they just do it all of a sudden - is that true?
quote:Originally posted by Upside: Breezer, If I'm talking "down" to you please accept my apologies but I'm unaware of your knowledge in this area. Anyway, let's say that LSTA has a 1 for 500 reverse split and it happens on a day when the stock is at .0005. That means that for every 500 shares you own, they take them away and issue you 1 share of the new stock. So, if you own 5 million now, after the split you would have 10 thousand. The stock price would be adjusted by the same 500 multiple so in this case it would be at .25 per share. In essence, your value is the same, you have fewer shares but at a much higher price per share. The problem is that virtually all stocks that have a reverse split tumble down to their original levels after the split. So within a few weeks you could wind up owning 10 thousand shares at the same .0005 price. Two recent examples of this are GWAD which was GWDI and AFRT which was AFRR. GWDI had a 1 for 900 reverse split which took the share price to around .18 a month ago and today it is at .0013. AFRT did the same thing, I don't remember what it split to, somewhere around .15 a few months back, and today it closed at .0007. I'm not saying that this is going to happen with LSTA but with the large outstanding amount and the tanking price per share, it's certainly a possibility.
posted
No, they do need to submit paperwork on it, so everyone knows, of course, when that news hits, the stock will tank even more.. not that we really can go much below where we are :P
------------------ FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of.
Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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posted
I call investor relations and asked them when they are going to stop liquidating so much stock for capital for the start up of new ventures. They said that the projects are on there way already and they also updated the address for the ELM st club on LSTA website. The main thing we should look for is their 10K report which we will very happy to see whaen it comes out.
quote:Originally posted by LSDesigns: Is my trading software screwing up???? I am seeing LSTA at .004??? I am with Choice Trade
N/M...must have bugged for a few seconds...lol. That would have been nice
[This message has been edited by LSDesigns (edited July 21, 2004).]
I REALLY DON'T KNOW WHAT IT COULD BE BUT I WAS USING THE FREE Real Time Streaming Quotes FROM SCOTTRADE AND IT IS STILL SHOWING ME 0.004 DON'T KNOW Y. AND I ALMOST SOLD HALF OF MY SHARE (5.3 MILL) WHEN THE REAL PRICE WAS 0.0007. AND I CALLED LOT OF MY FRIEND WHO HAD MORE SHARE THEN ME, NO BODY TOOK NE ACTION BUT I HAD SOME REAL UPSET FRIEND AFTER THAT.......
posted
How likely will they have a reverse split? I am planning to get more. Any input is welcome. Thanks.
Posts: 233 | Registered: Jul 2004
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posted
I see a lot of talk of reverse merger, I do not believe it is going to happen any time sooner not until LSTA acquire two to three new ventures because it will not be worth for them to do it right now since they are buying new ventures with new issues. we might can anticipate that in one to two years when their cash position is strong and they have continous revenues flowing in.
posted
Nice DD post. (not mine) I'm in for 1,050,000 at .0003:-) I don't think a R/S will come for a LONG time due to LSTA just A/Sing 10B. It'll take a WHILE to burn through those. (if they do that) Good Luck:-)
Posted by: brazentrader In reply to: Dallas Boy50 who wrote msg# 133904 Date:7/24/2004 10:42:08 AM Post #of 134042
re: LSTA Livestar Entertainment Group Inc.
s8 = 700mil on 7/1. shares traded since 7/1 = 1.6bil as of 7/23. (well over double)
This venue will be developed with a new name and renovated as a plush nouveau style downtown restaurant and bar.
Renovations have commenced and together we are now working to open the establishment as soon as possible.
We believe this establishment, after becoming operational, could potentially generate revenues of approximately $2 million + annually with potential earnings of 15% post tax. We look forward to the grand opening, and anticipate being able to achieve significant developmental milestones in the coming weeks."
i believe location exists and s8 + joint venture is going to pay/get their license. most companies producing the slightest revenue are valued at a penny or better. not .0004
$400 gets you 1mil shares. i'll take the risk. if it ever hits a penny, that's ten grand
------------------ Nothing's more fun than a Subs stock run!!!
Posts: 373 | From: North Tx. | Registered: Jan 2004
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posted
Is anybody able to buy at .0002 ??? If the ask hits .0001 I will sell whats left of the farm
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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