LiveStar Entertainment (LVSG)

[jhuclimber]

NEWS NEWS NEWS NEWS

LIVESTAR Entertainment Group Inc. (OTCBB: LVSG - http://finance.yahoo.com/q?s=LVSG.OB ): LIVESTAR Entertainment Group Inc. today notifies its current and prospective shareholders that the Company is progressing positively towards the acquisition of The Las Vegas Footwear Company.

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 so LIVESTAR can benefit from the outstanding business development activities Las Vegas Footwear is putting together, such as an involvement with this year's Las Vegas Centennial Celebrations.

Las Vegas Footwear is developing itself to be the number one shoe and miscellaneous footwear provider, in Las Vegas