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Originally posted by BizSoft:
I am in it with 1.75 mill @.0003

I will buy if it touches .0002 or lower.

just my opinion

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Originally posted by will:
Traded at .0001 today.

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Originally posted by realperson:
Is anybody able to buy at .0002 ???
If the ask hits .0001 I will sell whats left of the farm

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Originally posted by Jumper:
for clarification - if it goes that low, will you sell what's left (of other stuff) to BUY more of LSTA?

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My other positions are in the toilet such as TFCT whats left of the farm is a few bones of cash. Next year Imma going to go to all cash beginning June and then bottom shop in Aug

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Originally posted by CH:
Did ne body notice the volume is getting as good as in may.

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Originally posted by Tanangel:
My order didn't get filled at .0001 either. Maybe it's ameritrade did any body got filled.?

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I believe they released another s8 filing.If so can,t be good.

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LIVESTAR ENTERTAINMENT GROUP, INC.
(Exact name of registrant as specified in its charter)

Nevada 7900 980204736
(State or jurisdiction of (Primary Standard Industrial (I.R.S. Employer
incorporation or Classification Code Number) Identification No.)
organization)

62 West 8th Avenue, 4th Floor, Vancouver, British Columbia, Canada V5Y 1M7; (604) 682-6541 (Address and telephone number of Registrant's principal executive offices and principal place of business)

EMPLOYEE STOCK INCENTIVE PLAN FOR THE YEAR 2004 NO. 5

NON-EMPLOYEE DIRECTORS AND CONSULTANTS RETAINER STOCK PLAN
FOR THE YEAR 2004 NO. 2
(Full title of the Plans)

Raymond Hawkins, 62 West 8th Avenue, 4th Floor, Vancouver, British Columbia,
Canada V5Y 1M7
(Name and address of agent for service)

(604) 682-6541
(Telephone number, including area code, of agent for service)

CALCULATION OF REGISTRATION FEE

---------------------------------------------------------------------------------------------------
Proposed maximum
Title of securities to Amount to be Proposed offering aggregate offering Amount of
be registered registered price per share (1) price registration fee
---------------------- ------------- -------------------- ------------------- -----------------
Options to Purchase
Common Stock, 5,000,000,000 $ 0.0002 (2) $ 1,000,000 $ 126.70
Common Shares
Underlying Options
---------------------- ------------- -------------------- ------------------- -----------------
Common Stock 1,000,000,000 $ 0.0002 (3) $ 200,000 $ 25.34
---------------------- ------------- -------------------- ------------------- -----------------
Total 6,000,000,000 $ 1,200,000 $ 152.04
---------------------------------------------------------------------------------------------------
(1) The Offering Price is used solely for purposes of estimating the registration fee pursuant to
Rule 457(h) promulgated pursuant to the Securities Act of 1933.
(2) This Offering Price per Share is established pursuant to the option exercise price set forth
in the Employee Stock Incentive Plan for the Year 2004 No. 5, set forth in Exhibit 4.1 to this
Form S-8.
(3) This Offering Price per Share is established pursuant to the Non-Employee Directors and
Consultants Retainer Stock Plan for the Year 2004 No. 2, set forth in Exhibit 4.2 to this
Form S-8.

Brian *****,
I would first like to introduce myself, my name is James Romero. I work for
Loyola Financial Shareholder Communications. What we do with LiveStar
Entertainment (LSTA) is provide third party objectivity and convey
shareholder questions and comments to upper management, with whom we have
regular contact. There by allowing the management to focus on
executing the business plan, while staying cognizant of shareholders
concerns.

The correct address for Elm is 31 Elm Street,
Toronto, Ontario. The correct information was listed on the website: http://livestar.net/venues.asp , management did not feel it was necessary
for a Press Release. They believe that PRs should be reserved for
significant development achievements.

As I understand the renovation for Elm are progressing well. The tentative
grand opening is still planned for this fall.

The next 10Q filing will be filed soon and should reflect the revenues from
The Sequel.

If you would please respond with a phone number where you can be reached it
would be very helpful in expediting the response time of your inquiries. We
also like to take the opportunity to get to know our client's shareholders.

Our team here at Loyola Financial will do our best to research any questions
you may have, and appreciate any comments or insight you may have concerning
any of our clients.

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Originally posted by Tanangel:
I do beleieve we need all to call the investor relations and voice our dissatisfaction with this action.

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WEll, we don't have to contact them as I think they know they have screwed up. I got an email too. It was in response to keeping us up to date on news etc...
Here it is:
"Thank you for your support and long term thinking.

I would first like to introduce myself, my name is James Romero. I work for Loyola Financial Shareholder Communications. What we do with LiveStar Entertainment (LSTA) is provide third party objectivity and convey shareholder questions and comments to upper management, with whom we have regular contact. There by allowing the management to focus on executing the business plan, while staying cognizant of shareholders concerns.

As I understand there are some exciting projects in development at LiveStar right now. As far as when the next press release will be disseminated I can not say for sure. That is up to the management team. Management has expressed to me excitement about the current momentum and potential of developments in progress. Management feels that PRs should be reserved for significant development achievements and is striving to avoid “fluff” PRs.

I can only echo managements request for shareholders to take a long term time horizon and a tolerance for high risk investments into their assessments.

Our team here at Loyola Financial will do our best to research any questions you may have, and appreciate any comments or insight you may have concerning any of our clients. I have added you to the “Informed Shareholders List” meaning that you will begin receiving Press Releases directly to your inbox. If you would respond to this email with a phone number where you can be reached we will contact you directly. We at Loyola Financial like to take the opportunity to speak with all of our client’s shareholders to get a temperature of how they, the individual feel about the deal.

I look forward to hearing from you. Feel free to call here directly at (619) 209-6068 or you can email me at lsta@4lfs.com.

A client list and contact form is available online at http://www.loyolafinancial.com or www.4lfs.com

Best regards,

They need to PR the heck out of the new club, get some big names locked in for entertainment, and the price of the stock would go up and not require them to throw out more shares and cause a reduction in the price for .0001-3.
This stock was on the up-trend and I banked it at .02, but that doesn't mean I do not care about it.

The filing and lack of communication to the shareholders is hurting the stock, and although they have added ONE new club to their list if they do not PR it, then it will just be another club along with the millions out there that nobody knows about.

They should have gotten serious backings financially by having so much PR that people would want to back them, and the price of the stock would go up, thus giving them the revenue they needed to get it going instead of hitting the shareholder with the bill. Are they going to file or try to sell more shares everytime they open a new club to help finance it. Hope not.

They are not having to start from scratch with the building. It is built, and as I said the decorating and monitoring of the contracted services can be delegated and monitored. Upper management does not need to focus on that, but should focus on raising money or using money from their other ventures to finance their clubs with and not throw out more shares.

Romero said "allowing management to focus on the business plan"... then they need to share SOME of the "plan" with shareholders.

Quote from Romero "I can only echo managements request for shareholders to take a long term time horizon and a tolerance for high risk investments into their assessments."

I am irritated with them as I own many shares, and knowing high risk stocks we can loose the money. That is a risk I am willing to take. My irritation is with the lack of communication to shareholders, and with the filing they are screwing the stock in the ground... a stock that had, and maybe still has high potential. Cannot blame MM's for this one. They made the decision to not communicate, and to file.

I do have to wonder if the pressure is being put on BY management and that is why we are getting our fluffy emails. Afterall they are paying Romero to do a job...
"Hummm,we have a new club, some names on the venues, but why are our stock prices going down. Hey, we are paying you to do a job and we are not seeing results...."

It would not be fluff to let us know some of the names they are contacting for the club, even if they turn them down. It would not be fluff to even tell us who they are contracting to do the remodeling... that is news to us and keeps us interested. It would not be fluff to say what they are planning for the holidays... what kind of a bash are they planning. What kind of a grand opening are they planning etc...

News like that makes people want to go to that club and be a part of the great opening or holiday party = revenue and profit. I could give many senerios of news they could have given us, including the recent filing that would not have been fluff.

To shareholders that is information and not fluff. Romero says he will send me news to my email address... HELLO, it needs to spend the energy by sending it to the vast public. Get news out on the wires, newspapers etc.. Come on get off your duff, and earn that paycheck.

He makes it sound like management "won't let me tell ya'll anything". Bull! He is being paid to talk to management, give his opinions, and give news, PR's etc... I think with the filings, the price dropping... he should have said, Wait, you are paying me for my opinions and to keep good thoughts about this company out there and we need to send out some sort of communication to the shareholders etc.. so they know what is going on.

Hey, Romero, Mr. PR, you have to PR the shareholders also... and THAT isn't fluff.

Someone hired to tell management about the shareholders comments etc... would have communicated to management the importance of telling shareholders about the filings, and keep us up to date on the remodeling etc... Show us a photo of the remodeling and put it on the net or something... instead of making it sound like management won't let him send out news. The email HE sent me is fluff.

I will hold this for the as Romero said, management said, "long term time horizon" (sorry, that statement irritates me also) because I am riding on alot of freebies and purchased shares, one day will go back up to that .02 or higher or it will totally tank, but I don't think so. I DO think it will sit low for a while, ??maybe month(s), and by the end of the year, or early next year it will pick back up.

If you can afford to do it, then average it down and sit it on the back burner as "management continues with their plans". Holidays are around the corner and clubs etc... are always a hot item during that time of the year. I can only guess.

I rarely vent frustrations or irritations about a stock, management etc... and apologize if my "venting" has offended anyone. I just feel the recent filing and mostly the lack of communication is what hurts this stock and NOT the support and interest from the shareholders.

Whew, now that that vent is over, I think hold long. I think we will be getting some news before long. I sent my other email voicing "concerns", and figure what?? he gets mad and takes me off his email list of people who gets news. (what news, I haven't seen any... yet)

waiting for the end of year and like I said at the beginning of this thread somewhere I am holding long....

Candydish

quote:

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Originally posted by BizSoft:
I got in at .0001 yesterday (1 mill shares) and now holding 3.75 mill shares at average between .0002 and .0003. I am bullish on this, anybody agrees with me?

[This message has been edited by BizSoft (edited August 06, 2004).]

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Hey Biz,

So Thursday I left the order for 1 mill at .0001 all day, it got filled later afternoon. then market went up to .0002.

My screen showed the same bid at .0001 and ask at .0003. I guess I got lucky.

What is your reading on this share?

BTW I use scottrade

So the Million dollar question is are they waiting to show that 10K will be awesome and will shut everybody up or their cost not at elm but at lajolla have jumped quiet a lot Which I think is still a hole compare to ELM which actually have some serious potential.

But again I urge everyone who is even holding even a little to email at least one line to Loyla Financial and represent dissatifaction that will be good for us all DOLLAR WISE.

On my part I am going to contact LSTA attorneys in Houston for some serious converstions and see how far I can go.

August 5, 2004
Is history about to repeat itself at Livestar Entertainment Group, Inc. (OTCBB: LSTA)? As we reported earlier, the Company’s agreement to acquire a Toronto, Canada nightclub called “The Sequel” from an individual named Terrence Lall was aborted when the seller was unable to deliver audited financial statements – but not before Mr. Lall enjoyed a generous payday.

The deal called for Lall to receive a package that included $35,000 and one million preferred shares of Livestar stock that were convertible into 40 million shares of Livestar common stock. Lall received an additional 19 million shares of common stock as a consultant to Livestar. There has been no indication that he returned any of the cash or shares after the transaction died. See Update: Livestar Entertainment Group, Inc. – Sequels Seldom Live Up To The Hype.

So what is the next project on Livestar’s agenda? On July 7, 2004, the Company announced that it was entering into a joint venture to open a “liquor licensed entertainment establishment called “Elm Street” in Toronto. The joint venture partner? Terrence Lall, who will own 49% of the project. Livestar’s President, Ray Hawkins, projected that Elm Street “could potentially generate revenues of approximately $2 million annually with potential earnings of 15% post tax.” Presumably, 51% of those profits would go to Livestar.

Before “Elm Street” can enjoy any of those profits, however, it will have to be built and become operational, and that could prove costly. The July 7th press release did not indicate how the project would be financed. Livestar’s current revenues (approximately $58,000 for the first three months of 2004) will hardly support a major renovation. In fact, for the first quarter of 2004, Livestar suffered operating losses of more than $273,000.

Livestar may not have much money, but it has plenty of shares – at least for now. On June 25, 2004, the Company asked its shareholders to approve an amendment to its Articles of Incorporation which increased the number of authorized common shares from 1 billion to 10 billion. The Company indicated that a significant number of the shares were likely to be utilized for acquisitions and equity financings, and to compensate consultants, attorneys, accountants and investment bankers.

It did not take long for the Company to find a use for a major portion of those shares. On July 1, 2004, the Company filed a Form S-8 registering 700 million shares of common stock, consisting of 350 million shares to be issued under its “Employee Stock Incentive Plan For the Year 2004 No. 4,” and 350 million shares of common stock to be issued under its “Non-Employee Directors and Consultants Retainer Stock Plan For the Year 2004.” The Company did not identify the employees, directors or consultants who would be receiving the shares.

Livestar, it should be noted, has only two directors - its CEO and President, Ray Hawkins and its Chief Operating Officer and Chief Financial Officer, Edwin Kwong.

Livestar had been increasing the number of issued and registered shares since the beginning of 2004. As of December 31, 2003, the Company had approximately 280,000 shares of common stock outstanding. Then it opened the spigots. Between January 1st and May 7th, the Company filed six separate Forms S-8, registering a total of 715 million shares to be issued to a combination of employees and consultants. In addition, during the first quarter of 2004, Livestar granted its employees options to acquire 118 million shares of common stock.

As it turned out, the Company was far from done. On August 2, 2004, Livestar filed a Form S-8 registering 6 billion shares – 5 billion to be issued under its “Employee Stock Incentive Plan For the Year 2004 No. 5,” and one billion to be issued under its “Non-Employee Directors and Consultants Retainer Stock Plan For the Year 2004 No. 2.”

Once again, the Company did not identify any of the individuals who would be receiving shares.

In less than eight months, Livestar had registered more than 7 billion shares. Perhaps that explains why the Company often trades more than 20 million shares a day. Indeed, it has traded over 100,000 shares on nine trading days since late June.

Unfortunately, the identity of the sellers, like that of the S-8 recipients, remains a mystery.

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