Tag Archives: live current media

Thu 30th December 2010
Written by DomainNameWire in EN and tagged
Wow – Cricket.com Hit with UDRP - Cricket.com domain name challenged as cybersquatting. The storied domain name Cricket.com has been hit with a UDRP according to records at National Arbitration Forum. Although National Arbitration Forum does not disclose who the complainant is until after a case is decided, it’s possible that it’s wireless company Cricket Communications. The company uses MyCricket.com as its domain name and has used National Arbitration Forum in the past to recover domain names. Cricket.com ... read more ...
Fri 19th November 2010
Written by DomainNameWire in EN and tagged
Live Current Nixes Karate.com Deal, Changes Course on Perfume.com - Changes in Karate.com and Perfume.com plans. Live Current Media is making some changes. First, back in August the company terminated a venture with Rob Monster’s Domain Strategies, Inc. to co-develop the Karate.com domain name. The agreement was originally inked on May 15, 2009. The two parties decided to discontinue the venture and the domain name was returned to Live Current. Second, Live Current’s new management is changing course on the company’s Perfume.com ... read more ...
Wed 6th October 2010
Written by DomainNameWire in EN and tagged
Live Current Sells Canadian.com for $60,000 - Company sells another gem from its portfolio. Live Current Media has sold another domain name to improve its cash position. The company just sold Canadian.com through Sedo for $60,000. The company has been selling off its portfolio of premium domain names over the past few years to raise much needed cash. It’s also dealing with a proxy battle between the former president and current CEO. The Canadian.com sale didn’t top Sedo’s list for the week. Those honors ... read more ...
Wed 29th September 2010
Written by DomainNameWire in EN and tagged
Gold or White, Live Current Shareholders Get a Raw Deal - Proxy battle doesn’t give shareholders a great choice. Live Current Media shareholders are being asked to make a choice ahead of next month’s shareholder meeting: gold or white. The current CEO Geoffrey Hampson and his board want shareholders to vote with their gold proxy card, which would mean they get to stay at the helm of the company. Former company president David Jeffs is asking shareholders to fill out the white proxy card, which would replace Hampson and ... read more ...
Wed 22nd September 2010
Written by DomainNameWire in EN and tagged
Live Current Proxy Battle Exposing Ugly Truth - Company has murky past. The battle over Live Current Media’s board is heating up, and with each war of words more of the company’s questionable past comes out into the open. In Live Current’s Preliminary Proxy Statement for its upcoming meeting, current CEO Geoffrey Hampson said he began to have a falling out with the Jeffs family after Hampson didn’t have Live Current buy the web site Makeup.com. Confused? Take a look at the players. David Jeffs – former ... read more ...
Mon 20th September 2010
Written by DomainNameWire in EN and tagged
Proxy Battle Launched to Replace Live Current Media Board - Battle begins to replace board at Live Current Media. The former CEO of what is now Live Current Media has launched a proxy battle to regain control of the company’s Board of Directors. David Jeffs was CEO of the company from 2002 to 2007 when he hired Geoffrey Hampson to replace him. According to the proxy solicitation: In March 2010, Mr. Jeffs received from a shareholder of the Company a news release issued by Corelink Data Centers LLC, a Delaware company that ... read more ...
Thu 5th August 2010
Written by DomainNameWire in EN and tagged
Live Current Sells More Shares, Now Can Avoid “Grey Market” for Perfume - More equity sales from troubled company. Fresh on the heels of raising $370,000 through equity sales at the end of last month, Live Current Media has raised another $225,000 through the same offering. That brings the total to $595,000. All told, the equity sale included 5.95 million shares and 5.95 million warrants to purchase shares at 15 cents each within the next two years. Live Current says it will use this money for general purposes and to purchase inventory ... read more ...
Mon 2nd August 2010
Written by DomainNameWire in EN and tagged
Live Current Raises $370,000 Selling New Shares - Live Current places 3.7 million shares and hires COO. Live Current Media, which owns Perfume.com, has raised $370,000 selling additional shares to accredited investors. The company sold 74 units to six different investors, with each unit including 50,000 shares of stock and a warrant to purchase another 50,000 shares for 15 cents each within two years. Each unit cost $5,000. Currently, shares of Live Current sell for 10 cents over the counter. To put it in perspective, ... read more ...
Tue 25th May 2010
Written by DomainNameWire in EN and tagged
Lawsuit Filed Against Live Current Media CEO and Board Members - Complaint alleges CEO and board members have neglected their duties. In what is the latest in the continuing saga of Live Current Media, its former CEO and other plaintiffs have filed a lawsuit (pdf) against current CEO Geoffrey Hampson and each of the company’s board members. The lawsuit was filed in the Circuit Court of Cook County, Illinois in the Chancery Division. The suit goes after Hampson for alleged fraud, breach of contract, breach of fiduciary duties, ... read more ...
Fri 14th May 2010
Written by DomainNameWire in EN and tagged
Live Current Posts a Profit (Sort of), Plans to Develop Boxing.com - Live Current goes into the black thanks to domain sales and leases. Live Current Media posted a small profit of $84,078 for the first quarter of 2010, the company announced today. But that profit was only possible thanks to a $250,000 “Gain on settlement of amounts due regarding Global Cricket Venture” and $600,000 from “Gain from sales and sales-type lease of domain names.” But the company says it is now fully funded through 2011 thanks in part to cost ... read more ...
Tue 6th April 2010
Written by DomainNameWire in EN and tagged
Can Live Current Media Hold On? - Is the end near for Live Current Media? It has already gone down as one of the biggest missed opportunities in the domain name world. Will it come to an end soon? By all accounts, Live Current Media had one of the most valuable category-killer generic domain name portfolios. It still has many good domains. But poor execution has led the company to sell off many of these domain names to raise cash to survive. The company reported a loss of about $4 million for ... read more ...
Tue 5th January 2010
Written by DomainNameWire in EN and tagged
Ranking Domain Name Stocks in 2009 - Mixed results for domain name stocks in 2009. The U.S. stock markets returned about 35% in 2009. Domain name stocks were a mixed bag, however. Here’s how six publicly traded companies fared last year, based on the closing price December 31 of 2008 versus 2009. Tucows (AMEX: TCX) – Up 106% – Tucows aggressively bought back shares in 2009, reducing its shares outstanding and thus increasing their price. But the buybacks only tell part of the story; the company ... read more ...
Sat 2nd January 2010
Written by DomainNameWire in EN and tagged
Live Current Media Sells Indonesia.com - Live Current continues sales with Indonesia.com. On Thursday I wrote about the possible sale of Leisure.com by Live Current Media. It now appears the company has sold Indonesia.com as well. On December 30, 2009, the whois record for Indonesia showed Communicate.com as the owner (Communicate.com is the prior name of Live Current Media). On January 1, 2010, the whois record changed to domain broker Sedo’s transfer account. The Indonesia sale would conclude a year ... read more ...
Thu 31st December 2009
Written by DomainNameWire in EN and tagged
In Play: Live Current May Have Sold Leisure.com - Live Current Media sale of Leisure.com may be in the works. The whois information for Leisure.com has changed, signaling a possible sale by Live Current Media (livc.ob). The whois record for the domain name on December 22 showed Live Current Media; on December 30 the record changed to GoDaddy’s Domains by Proxy. The nameservers also changed from SedoParking.com to GoDaddy nameservers and the web site has a placeholder now. This follows the pattern of previous ... read more ...
Thu 3rd December 2009
Written by DomainNameWire in EN and tagged
Private Equity Fund Invests $10M in GCV, Owner of Cricket.com - Cricket venture that owns prized domain name gets funding. Now that Cricket.com and Global Cricket Ventures is completely separated from Live Current Media, it’s getting some new life. Private equity fund Elephant Capital has invested $10 million in Global Cricket Ventures (GCV), taking a 50% stake in the venture, reports VCCircle. GCV plans to raise another $5 million. GCV has exclusive digital and mobile rights to the Indian Premier League (IPL) and owns the ... read more ...
Mon 16th November 2009
Written by DomainNameWire in EN and tagged
Live Current Turns Profit in Q3 - Live Current Media pulls out a profit after cutting costs. Live Current Media has reported a profit for the third quarter of 2009. The company released earnings of $703,000 on quarterly revenues of $1.757 million. The move from the red to the black wasn’t due to a better top line; it was due to drastic cost cutting. Revenue was down 10%, but gross margin was up from 18% in Q3 2008 to 32.7% in Q3 2009. General and administrative costs were down 74% compared to ... read more ...
Mon 28th September 2009
Written by DomainNameWire in EN and tagged
Live Current Media Loses $1.4M, Writes Down Auctomatic Acquisition - Live Current Media reports financial results. Live Current Media (livce.ob) reported that it lost $1,404,000 in the quarter ended June 30 on revenue of $1,705,000. That compares to a loss of $916,000 in the first quarter of the calendar year, but the loss is much less than in the last two quarters of 2008 thanks to cost cutting. The company has sold seven domain names this year through August for $3.4 million, not including the Cricket.com domain name. These sales ... read more ...
Mon 31st August 2009
Written by DomainNameWire in EN and tagged
Live Current Sells Call.com Domain Name for $1.1 Million - Live Current sells Call.com domain name for seven figures. Live Current Media has sold the domain name Call.com for $1.1 million through domain brokerage Sedo. The domain has a storied history. Live Current, when it was known as Communicate.com, sold the domain name as part of a package including Makeup.com, Automobile.com, and Exercise.com. Part of the sale included lifetime royalties on all earnings for these domains. Communicate.com reacquired Call.com in 2006 ... read more ...
Fri 28th August 2009
Written by DomainNameWire in EN and tagged
Live Current Sells Cricket.com - Live Current Media ends a sad saga. Live Current Media (OTC: LIVC.ob) has sold its Cricket.com domain name and assigned its Indian Premier League contract for a total consideration of approximately $1.75 million. About $1M of that will be paid in cash over four quarters, and the remainder is the assumption of liabilities and payment of severance to a key Live Current employee that will be hired by the purchaser, GCV Mauritius. Last year Live Current Media claimed ... read more ...
Mon 6th July 2009
Written by DomainNameWire in EN and tagged
Live Current Media Restates Finances - Problems continue at once high-flying domain name company. The problems keep mounting at domain development company Live Current Media (OTCbb: LIVC.ob). The company announced that its auditor found that a slew of its reported financial statements are incorrect. In a filing with the Securities and Exchange Commission, the company wrote: …C. Geoffrey Hampson, our Chief Executive Officer and Chief Financial Officer, concluded that the previously filed consolidated ... read more ...
Sun 19th April 2009
Written by DomainNameWire in EN and tagged
Live Current’s Cricket Site Hits Snag during Wrong Time - IPLT20.com experiences problems during heavy traffic season. Live Current Media (OTCbb: LIVC.ob) just can’t seem to do anything right. Not only is it liquidating many of its prized domain names to make ends meet, but its prized cricket web site IPLT20.com is having problems at precisely the wrong moment. (Live Current’s deal with Indian Premier League is part of the reason it’s having to liquidate domain names; the contract requires the company to cough up ... read more ...
Mon 16th March 2009
Written by DomainNameWire in EN and tagged
Live Current Media Sells Body.com for $400,000 - Company sells another domain name to raise cash. The domain liquidation at Live Current Media (OTCbb: livc.ob) continues: a reader spotted the sale of Body.com at Sedo’s Great Domains site for $400,000. That means Live Current has grossed at least $2M from domain sales since announcing in October it would sell domain names to raise cash (assuming one more planned deal goes through). First it sold a domain — most likely Malaysia.com — for CAD $500,000. Then ... read more ...
Wed 4th March 2009
Written by DomainNameWire in EN and tagged
The $1.65M Live Current Media Guessing Game - Which two domains did Live Current sell? Live Current Media announced today that it sold two domain names for $1.65M. Like the last time it sold a valuable domain, it didn’t say which domains it sold. But unlike last time, I’m having a hard time figuring it out. I’ve gone through Live Current’s premium domain names (on its web site here) and don’t notice anything odd about the whois records for its domain names. Perhaps the domains haven’t transferred ... read more ...
Mon 9th February 2009
Written by DomainNameWire in EN and tagged
Live Current Pays Outgoing Executive $600,000 - Ehrlich picks up nice exit package from flailing company. Live Current Media (OTC: LIVC.ob) is giving outgoing President and Chief Operating Officer Jonathan Ehrlich a $600,000 package as he exits the company. The package includes: -$275,000 cash, to be paid out semi-monthly over the next twelve months -Other benefits of $23,000 paid out along with cash -Still more benefits in the total gross amount of $52,000 paid in semi-monthly installments -$250,000 in restricted ... read more ...
 
Written by DomainNameWire in EN and tagged
“Domain Names Have No Intrinsic Value” - Hear the author out; he has a valid point. The headline is inflammatory, but they aren’t my words. They’re those of Matthew Mayer. And before you call him an idot, you should understand the context. Mayer wrote an excellent piece about what ails Live Current Media (see previous article). In it he writes: [Live Current] owns a bunch of domain names. That’s it. They sell product through one of them, and have been trying to develop others. Unfortunately, ... read more ...