SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
June 4, 2004
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Date of Report (Date of earliest event reported)
Livestar Entertainment Group Inc.
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(Exact name of registrant as specified in its charter)
Nevada
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(State or other jurisdiction of incorporation)
000-27233 98-0204736
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(Commission File Number) (IRS Employer
Identification No.)
62 West 8th Avenue, 4th Floor, Vancouver, British Columbia, Canada V5Y 1M7
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(address of principal executive offices)
(604) 682-6541
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(Registrant's telephone number, including area code)
Item 5. Other Information.
On October 24, 2003, the Registrant entered into an agreement to acquire 1485684
Ontario Limited, an Ontario corporation that owns and operates a nightclub
styled as The Sequel. Subsequent to the execution of the agreement the
Registrant commenced its regulatory mandated process to finalize the acquisition
and implemented its efforts and plans to assume operations. Ultimately, however,
the Registrant was unable to obtain an audit of the prior business operations of
the Sequel as required by the rules and regulations of the Security and Exchange
Commission. Upon that realization it then became necessary to renegotiate the
contemplated business transaction.
The Registrant then determined to operate the Sequel through a business lease
arrangement. Final documentation for the business lease was entered into on May
25, 2004. Pursuant to the business lease, the Registrant will operate the
Sequel for a term of five years with the option to renew the lease for an
additional five year term. Under the terms of the lease, speaking generally,
the Registrant is entitled to all operating revenues of the Sequel and at the
same time being responsible for the expenses of the business operation as well
as a lease payment. The business lease agreement is included with this filing
as Exhibit 10.1.
Item 7. Exhibits
10.1 Business Lease Agreement
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
LIVESTAR ENTERTAINMENT GROUP INC.
By: /s/ Ray Hawkins
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Ray Hawkins
Date: June 4, 2004 Chief Executive Officer