posted
I'm currently down 31% with this stock. I'm going to wait a few more weeks and see what happens...
Why sell now? Here are my reasons to hold:
Promo Staffing - The Definitive Agreement has been signed and a closing has been set for February 28, 2005, at which time any outstanding conditions are expected to be removed by the parties. Additionally, the Company expects to file the audited financial statements with the Securities and Exchange Commission within the required time frame (when is this required time frame?).
VOXBOX - Ray Hawkins, CEO of LIVESTAR, commented: "We expect these discussions to continue towards the execution of an asset purchase agreement within the next three weeks. This network will form part of our strategy to deploy Mobile VoIP services in the future which will be in high demand as the VoIP industry matures."
Las Vegas Footwear - Initial due diligence is complete and steps towards a definitive agreement and subsequent closing are advancing rapidly. The Company is working towards a closing as early as possible in the first quarter.
Whats coming up? 3 acquisitions and the release of financial reports all in a very short time span. Not to mention any further releases. I think its worth the wait, im holding...
Posts: 147 | From: Orlando | Registered: Jan 2005
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posted
Who knows it could go up SA, I am not doubting your pick I just did not have enough money vested in it to hold it was more profitable for me to get out and make another play, and I stated what I observed over the last couple of days of trading, it does not look good at all...IMO...but I have been wrong many times so....Good Luck
Posts: 1052 | From: Coventry, RI, USA | Registered: Dec 2004
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posted
Still holding here and will continue to hold.My reason's are pretty much the same as stevo's.With all of the aquisitions and press release's from the past week,i think this is looking like an intermediate to long term stock.
As far as this stock being a pump, IMO i really don't think that SA had any intentions of pump and dump or swing trading by pumping this stock.If we had all bought this stock when he had 1st posted it(@ .025 i think) and sold anywhere between .05 -.08 we would have made a very nice profit! It may never move much higher than it's current level,but i'm going to remain holding just to see how this thing shakes out.
Posts: 7 | Registered: Jan 2005
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posted
Right, if i were pumping and dumping i would have dumped back at .085 for 300%+ gain, but i have not sold and have only added to my position little by little each day/week. Again, i am not calling 1.00!!! Just a .20 to .35 range play here for short to mid range stock. And as you see how this and some of my other stocks play out, you will see that i do NOT FLIP (sell for a quick 100%) i do not pump to sell, I give load prices, and suggested targets that we as a "team" can achieve if we hold and get a team that is dedicated to NOT scalping, Flipping and just buys low, holds and all sells out for great gains. Best of luck to us all
posted
Anyone still in this one? Everyone was talking about a great run but it seems to have stalled. Up 14% today. Not in anymore but made some money on it so I'm still curious
-------------------- You never really grow up you just learn how to act in public. Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
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posted
'It ain't over till the fat lady sings' and she's not even in the house yet... More things to come this week and next. Already showing good things from the Promostaffing purchase.
-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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posted
I'm still patiently in, hope I don't have to wait till the 28 Feb actions to see a rise in this stock. Still hoping for big returns but for now just hoping to get back to zero also. Tick tock tick tock tick tock tick tock........
Posts: 352 | From: Killeen, Texas | Registered: Nov 2004
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posted
I'm still in. If it dips into the .02's ill consider exiting, but hopefully it stays North.
Posts: 147 | From: Orlando | Registered: Jan 2005
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posted
just to update you all, i am very on top of lvsg as of late, the bids have held now for 3 days and i am getting my guys back on this stock. We are looking to start this back up. My original goal/target of .20 is still in tact. We are looking to accumulate some shares here at close FYI. (i am still holding every share of mine tight)
posted
I feel that LVSG is finally ready to make its move. All the MM moved to higher ground today on news and NITE made one last attempt to hold it down as WECK matched the ask price of .039 with a .039 bid. I expect this to move well all next week. My target from day one was .20 and if we can holders instead of scalpers, we can do that IMO
LIVESTAR Entertainment Group, Inc. Announces Margaritaville Tequila as Promo Staffing Client Friday February 11, 3:35 pm ET
LAS VEGAS, NV--(MARKET WIRE)--Feb 11, 2005 -- LIVESTAR Entertainment Group, Inc. ("LIVESTAR" or the "Company") (OTC BB:LVSG.OB - News) today announces Margaritaville Tequila as a new client of Promo Stafffing.com LLC ("Promo Staffing"). Promo Staffing was recently acquired by the Company through a recently executed Definitive Agreement. Margaritaville Tequila (www.margaritavilletequila.com) is a premium tequila under Jimmy Buffet's Margaritaville brand. The promotional marketing campaign Promo Staffing will conduct for Margaritaville Tequila will consist of approximately a dozen promotions within the South Florida region.
ADVERTISEMENT
Promo Staffing generates revenue on an hourly billing basis. Its fees are commensurate with the industry standards and the Company feels strongly that as it grows its client base, its revenue, cash flow and future profits will continue to grow.
Cory Sklar, President & CEO of Promo Staffing, stated: "We are adding new clients and new promotional campaigns at an aggressive pace, we anticipate our income streams to continue to grow in direct response to our business development activities. Margaritaville Tequila is a great product that we will have lots of fun promoting. We look forward to serving them well and building a long term client relationship."
Ray Hawkins, CEO of LIVESTAR, commented, "We are pleased that so early in our business relationship with Promo Staffing that they are growing their business aggressively. We are also very excited about the discussions Promo Staffing is currently having to secure more top clients."
ABOUT PROMO STAFFING
Promo Staffing (www.promobusiness.com) is a promotional marketing company with clients such as Chrysler, AT&T, PepsiCo, Campbell's Soup, Wal-Mart, Malibu Rum and Coca Cola. Additional information about the Company's acquisition of Promo Staffing can be found in a press release issued by the Company dated January 27, 2005.
ABOUT LIVESTAR ENTERTAINMENT GROUP, INC.
LIVESTAR is in the process of transitioning to a holding company structure. The core business of LIVESTAR Entertainment Group, Inc. is currently 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.
Contact: Please visit our website: http://www.LIVESTAR.net. For more information please contact: LiveStar Entertainment Shareholder Services Phone: 1.800.963.6532 Email Address: livestar@4lfs.com
Posts: 399 | Registered: Jan 2005
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