April 10, 2019

Virland Johnson
Chief Financial Officer
Live Ventures Incorporated
325 E Warm Springs Road
Suite 102
Las Vegas, NV 89119

       Re: Live Ventures Incorporated
           Form 10-K for the fiscal year ended September 30, 2018
           Filed December 27, 2018
           Form 10-Q for the fiscal quarter ended December 31, 2018
           Filed February 13, 2019
           File No. 001-33937

Dear Mr. Johnson:

       We have reviewed your March 19, 2019 response to our comment letter and
have the
following comments. In some of our comments, we may ask you to provide us with
information
so we may better understand your disclosure.

       Please respond to these comments within ten business days by providing
the requested
information or advise us as soon as possible when you will respond. If you do
not believe our
comments apply to your facts and circumstances, please tell us why in your
response.

      After reviewing your response to these comments, we may have additional
comments. Unless we note otherwise, our references to prior comments are to
comments in our
March 5, 2019 letter.

Form 10-K for the fiscal year ended September 30, 2018

Item 9A. Controls and Procedures, page 41

1.    We note your response to comment 2. Please amend your filing to disclose
the conclusion
      reached by management that internal control over financial reporting was
not effective as
      September 30, 2018.
Note 4: Acquisitions
Acquisition of ApplianceSmart, page F-15
 Virland Johnson
Live Ventures Incorporated
April 10, 2019
Page 2
2.       We note your response to comment 5. Please tell us if the post-closing
assumption of
         certain liabilities including material long-term lease liabilities to
which you refer in the
         last paragraph were assumed as part of the December 31, 2017
transaction discussed in
         comment 4. If so, please tell us why you considered them material for
purposes of your
         bargain purchase gain analysis. If not, please tell us the
circumstances under which they
         were assumed and why the assumption was not concurrent with the
acquisition of
         ApplianceSmart.
3.       Given the financial deterioration of ApplianceSmart prior to purchase,
please tell us in
         more detail how you determined the trade names acquired were worth
over $2 million.
Form 10-Q for the fiscal quarter ended December 31, 2018

Note 2: Summary of Significant Accounting Policies
Revenue Recognition, page 9

4.       We note your response to comment 3. Please tell us how you have
complied with the
         disclosure requirements of ASC 606-10-50. We may have further comment.
Shipping and Handling, page 10

5.       Please tell us what consideration you gave to ASC 606-10-25-18A
through 18B when
         determining your accounting policy for shipping and handling costs.
       You may contact Kristi Marrone at (202) 551-3429 or Kevin Woody at (202)
551-3629 if
you have questions regarding comments on the financial statements and related
matters.



                                                                Sincerely,
FirstName LastNameVirland Johnson
                                                                Division of
Corporation Finance
Comapany NameLive Ventures Incorporated
                                                                Office of Real
Estate and
April 10, 2019 Page 2                                           Commodities
FirstName LastName