LiveStar Ent. (fka LSTE)

[Capt_Nemo]

SEC suggested I write these folks about this chit!!!! God knows they/sec dont give a rats A$$

Thank you for contacting the U.S. Department of Labor!

Your question/comment has been forwarded for response.
http://www.dol.gov/cgi-bin/contactus.asp

I was at the SEC website ,and they suggested I contact you! I have wrote the sec several times on the dirty dealings of OTC BB comapnies with the RS, S-8 of shares , increasing AS to billions, Then RS when they say they wont. I feel this is criminal, and lots of investors are loosing their $$$ to these scams they are allowed to do. SEC just don't seem to care about what goes on on the smallcap/OTCBB boards, but this is where the MMM Market maker manipulation, and scams these companies play a lot!!!

This is the most recent case,

LSTA, Livestar Entertainment Group Inc. They just issued a 6 billion S-8 Now a few weeks later a Reverse split is announced!!

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
---------------------------------------------------------------------------------------------------
<FN>
(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.
http://knobias.tenkwizard.com/filing.php?repo=tenk&ipage=2916825&doc=1&total=&back=2....

And Just yesterday they announce the RS
The action to be effective twenty days after the mailing of this Information Statement is as follows:

The approval of a reverse stock split of the Company’s Common Stock so that for up to each thousand (1,000) shares of the Company’s Common and Preferred Stock ($0.0001 par value) that were issued and outstanding as of _________, 2004 (the “Record Date”), all said shares are to be converted into one (1) share of the Company’s Common and Preferred Stock with all fractional shares rounded up to the next whole share (the “Reverse Split”) except that the Reverse Split shall not affect the shareholdings of those shareholders holding one hundred (100) or fewer shares of record as of the Record Date.
http://knobias.tenkwizard.com/filing.php?repo=tenk&ipage=2929421&doc=1&total=&back=2....

While all the while, LSTA had all us investors believeing, NO RS!!!

As we continue our efforts towards future success, and although we feel it is only prudent that we periodically review our business plan regarding its effectiveness, we are committed to the long term execution of our business plan, hope our shareholders also use long term thinking and with that said, we feel it is important to notify our shareholders that we have no plans for a reverse split of the Company’s common stock”.
http://www.livestar.net/news/05_11_04.html


I dont know who else to turn too!!!!! If this is out of line for you folks, would you please forward this to someone who can help?????

Thank you very much, This must stop, before there is no Markets!! Rick xxxxxxxxx