SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C.  20549



                                    FORM 8-K

                                 CURRENT REPORT

                       PURSUANT TO SECTION 13 OR 15(D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

                                 October 19, 2004
                                -------------------
                Date of Report (Date of earliest event reported)


                        Livestar Entertainment Group Inc.
                        ---------------------------------
             (Exact name of registrant as specified in its charter)



                                   Nevada
                                   ------
                 (State or other jurisdiction of incorporation)


     000-27233                                                98-0204736
     ---------                                                ----------
(Commission  File  Number)                                  (IRS  Employer
                                                          Identification  No.)


   62 West 8th Avenue, 4th Floor, Vancouver, British Columbia, Canada  V5Y 1M7
   ---------------------------------------------------------------------------
                    (address of principal executive offices)


                                (604) 682-6541
                                --------------
              (Registrant's telephone number, including area code)




Item  3.02  Unregistered  Sales  of  Equity  Securities.

On  October  19,  2004,  the  registrant  issued  80,000,000  shares of Series B
preferred stock (the "Shares") to an officer of the registrant.  The Shares were
issued  in  exchange for the cancellation of debt in the total amount $20,000.00
which  was  owed to the officer by the registrant which equates to consideration
of  $0.00025 per Share.  The Shares are convertible at the option of holder into
shares of common stock of the registrant on a share for share basis.

                                   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.


                                        /s/ Ray Hawkins
                                   By: -------------------------------------
                                       Ray  Hawkins
Date: October 25, 2004                 Chief Executive Officer