Local.com aussichtsreich
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Our Network, which reaches over 5 million MUVs, is our second largest source of revenue and is our largest gross margin business by percentage and in real dollars. Our product is a nationwide database of local business and product listings along with ad feeds which monetize those listings. We provide our product in the form of a hosted solution or via an ad feed solution. Our hosted solution is designed to generate search engine optimization (“SEO”) traffic to our partners’ sites and this helps those partners to increase their reach to new online users. As with Local, we monetize those users with ads placed alongside our content and we share revenue generated from those ads with our partners. Our ad feed solution is provided to sites that prefer to maintain their own look-and-feel and we share revenues in a similar fashion. Our Network consists of approximately 1,000 partner websites, such as local newspaper, television websites and other third party online publishers.
We have a twelve month auto-renewing agreement terms with the majority of our partners.
Our Network enables us to reach a larger audience than we can reach through our Owned and Operated properties and platforms alone. L
category pages - the numberrs were conuted under the Name of the category pages.
Improved audience engagement with category pages driving more than 10% of Owned & Operated (O&O) traffic."
Source: Report about Q1/2015
This is only a first step and the increase of category pages will drive the revenues of Local Corp.
New Category Pages of Local Corp
- Improves user experience
- Scalable template
- Positive margin upside
- Expands audience acquisition
- First of many new verticals include:
- Yellowpages
- Movies
- Homes for sale
- Jobs
- Weather
- Coupons
Source: Company Overview - January 2015
The Value of nQuery by Local is Higher than the Net-Debts of 17 million
von der Webseite von local.com "nQuery(TM) by Local provides a complete responsive solution to create powerful search experiences in a configuration that meets your brand’s needs. Our white-labeled, hosted search application incorporates the most essential features and functionality and is easy to integrate.
Plus, the search results page maintains the look and feel of your site, including the addition of your logo. nQuery also drives searches into existing apps, games and platforms to further drive brand engagement.
And, while you offer your users a high-quality search experience, you make money with search advertising. Ads are served automatically as part of the search results, so you don’t have to do anything extra."
The next Tesla or the mobile equivalent of the Nest thermostat?
.
Local Corporation (LOCM) now powers search for US Cellular (USM) and TracFone (AMX) with huge growth potential
April 08, 2015
Local Corporation (LOCM) now powers search for US Cellular (USM) and TracFone (AMX) with more carriers in negotiation, according to sources.
(1888PressRelease) April 08, 2015 - This is big new for Local Corporation (LOCM) as it further it's reach into new markets. These deals could represent huge gains for Local Corp as they seek to further their mobile reach. With a combined customer base reach of over 30 million this represent a huge win for Local Corporation.
Needless to say, Local Corporation's move to mobile just got a huge shot in the arm as the revenues from these agreements could be huge. Mobile has taken over as consumers spend time on their devices and Ad Revenues are projected to surpass Television. Local Corporation stands in very good footing as it works to partner with other carriers and providers.
Local Corporation's NQuery product really represents a shift in the company's mindset as it seeks to re-make itself. It is already paying dividends and hopefully future quarters reflect that. With costs cut and Local Corporation's lean mentality they are uniquely positioned to make a huge turn around. The amount of growth potential alone is tremendous with over 7.2 Billion mobile devices, over 43% of all Google searches being local, and 78% of local searches resulting in some type of offline action according to comScore. All of this means that LOCM may have just hit the jackpot with its new product line.
Some facts about nQeuery by Local from LOCM - Roth Presentation - March 2015
Growing mobile searach demand
- 20 Million unique visitors per month
Market expansion
- 18 countries (LATAM + US)
- EMEA & APAC expected by 2H 2015
Platform expansion
- Enhaicing paid content
- Enter into Default search via browser - expected 2H2015
Surce: LOCM - Roth Presentation - March 2015
http://www.1888pressrelease.com/...rch-for-us-cellular-pr-560320.html
http://localcorporation.com/press
Meines Erachtens soll niemand mehr lesen, was das Management noch kurz vor Chapter 11 zum Besten gab,
Final Words will come from Justice - I am sure, that Kamala D. Harris, Attorney General of the State of California, dont't want to risk an impeachment.
Kamala D. Harris, Attorney General of the State of California, and the SEC can’t not longer ignoring the criminal activities of CEO Fred Thiel, CFO Ken Cragun and CLO Scott Reinke, because their security fraud and bankruptcy fraud are are offences prosecuted ex officio. And the board is part of the security fraud and bankruptcy fraud, too.
I am sure, that the private wealth of Fred Thiel, Ken Cragun, Scott Reinke, Norman K. Farra, Jr., David M. Hughes, John M. Payne and John E. Rehfeld is big enough to pay 50 nillion compensation to the shareholdersof Local Corp, if the shareholders will not participate enough in chapter 11.
The shareholders will accuse the management of Local Corp for infidelity if CFO Cragun sell dirt-cheap the valuable assets of the company to his cronies and for the security fraud and bankrupty fraud before, you can be sure. But I believe, that SEC and/or Finra had done it, before the shareholders must start.
Spiel einmal damit etwas rum (Produktänderungen, Ortsänderungen)!
Retailer who work together with Krillion:
AT&T Wireless
Apple Store
Ace Hardware
Ann Taylor
B
Babies R Us
Best Buy
Bed Bath And Beyond
Big 5 Sporting Goods
C
Carters
Costco
CVS
D
#$%$ Sporting Goods
E
Express
F
Fry's Electronics
Foot Locker
G
GameStop
H
Harbor Freight Tools
Howard's TV & Appliance
Home Depot
I
IKEA
J
JC Penney
K
Kmart
Kohl's
L
Lowe's
M
Micro Center
Macy's
N
Nordstrom
O
Orchard Supply Hardware
Office Depot
P
Pottery Barn
Pottery Barn Kids
PCM
Petco
R
Restoration Hardware
Rite Aid
RadioShack
REI
S
Sur La Table
Staples
Saks Fifth Avenue
Sears
Sam's Club
Sony Store
T
Toys R Us
Target
True Value Hardware
W
Williams-Sonoma
Walmart
Walgreens
Local Corp Aktie
WKN: A1J4TP
ISIN: US53954W1045
Symbol: LOCMQ
Typ: Aktie
Aufnehmen in Watchlist/Depot
Times & Sales: Nasdaq OTC Other
Zeit
Kurs Stück
21:55:31 0,0025 $
10.000
21:16:59 0,0028 $
3.000
20:53:09 0,0025 $
45.000
20:52:59 0,0025 $
10.000
20:52:49 0,0025 $
10.000
20:00:19 0,0025 $
500
19:55:02 0,0025 $
300
18:04:05 0,0025 $
1.300
18:01:07 0,0025 $
1.700
16:28:06 0,0025 $
2.000
16:25:32 0,0026 $
5.000
16:13:44 0,0025 $
325
Quelle: ariva
http://ir.local.com/phoenix.zhtml?c=181515&p=irol-sec
Read more at; tradingview-This-one-set-to-move-on-IP-news
Form 8-K for LOCAL CORP
3-Dec-2015
Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits
Item 2.01 Completion of Acquisition or Disposition of Assets.
Sale of Substantially All Assets to Media.Net
On December 1, 2015, Local Corporation (the "Registrant") entered into an Asset Purchase Agreement dated December 1, 2015 (the "Agreement") by and between the Registrant and Media.net Advertising FZ-LLC, a limited liability company organized in the Dubai Internet City Free Zone of the United Arab Emirates (the "Buyer"), pursuant to which the Registrant sold substantially all of the assets of the Registrant to Buyer. The Closing Date for the transaction is December 1, 2015. The description of the Agreement contained herein is qualified in its entirety by reference to the full text of the Agreement, a copy of which is attached hereto as Exhibit 10.1. The consideration for the assets sold is $3,120,000 (the "Purchase Price"), subject to offsets for assumed liabilities and the payment of certain cure costs totaling $455,000 and any subsequent claims against escrow, if any. The Registrant received consideration of $2,808,000 in cash at the closing of the transaction. An additional $312,000 is being held in escrow for a period of six months in the event certain indemnification claims are asserted against the Registrant. The assets sold include the Registrant's O&O Business, Network Business, Krillion assets and nQuery Business.
The Agreement contains representations and warranties of the parties that are customary for a transaction of this type, which generally survive after the closing date. The representations and warranties of the Registrant are qualified by information contained in confidential disclosure schedules that the Registrant provided to Buyer in connection with the execution of the Agreement. The Registrant agreed to defend, indemnify and hold harmless the Buyer from and against certain losses arising out of or resulting from (i) a breach of any representation or warranty made by Registrant in the Agreement, the disclosure letter, or certain of the closing documents, (ii) any breach of any covenant or obligation of Registrant in the Agreement or certain of the closing documents, and (iii) any retained liabilities, as such term is defined in the Agreement, among other things.
The sale of substantially all of the assets of the Registrant pursuant to the Agreement was authorized pursuant to the order of the United States Bankruptcy Court for the Central District of California (the "Bankruptcy Court") on November 19, 2015. Following the closing of the transaction, the Registrant has ceased all operations and has terminated all but one of its employees. The Registrant will now move forward with winding down and dissolving in accordance with applicable law. In light of the Purchase Price paid, there will be no will recovery by the Registrant's stockholders after payment to the Registrant's creditors.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit 10.1 Asset Purchase Agreement by and between the Registrant and Media.net Advertising FZ-LLC, dated December 1, 2015.
A question to the bankrupty-court and maybe next to the justice.
Moderation
Zeitpunkt: 08.12.15 09:45
Aktion: Löschung des Beitrages
Kommentar: Regelverstoß - Quelle fehlt.
Zeitpunkt: 08.12.15 09:45
Aktion: Löschung des Beitrages
Kommentar: Regelverstoß - Quelle fehlt.
Does Kamala D. Harris, Attorney General of the State of California, and the SEC lying in one bed with CEO Fred Thiel, CFO Ken Cragun and CLO Scott Reinke, because they had never done anything against the combinatation of bankrupty fraud and security fraud through the management of Local Corp ?
Is an auction an auction, when the auction were not published and take place with one member in a back-room - a question to the bankrupty-court and maybe next to the justice.
Definition - What does Auction Process mean?
An auction process is the procedural steps involved in the sale and purchase of goods and services, in which the selling price is automatically discovered during the course of open competitive bidding. The procedure depends on the type of auction adopted, and it is comprised of steps for inviting, receiving, evaluating and accepting bids. It is the mechanism employed for discovering the best price for the transaction.
Divestopedia explains Auction Process
In the context of buying and selling middle market companies, an investment banker likely will undertake an auction process to attract the highest price for a company. This process will entail casting a very wide net to multiple buyers, who will compete for the target by bidding the price up. Less
Have you ever seen by Local Corp "a very wide net to multiple buyers, who will compete for the target by bidding the price up"?
Have you ever see an "open competitive bidding" by Locasl Corp?
Is an auction an auction, when the auction were not published and take place with one member in a back-room a question to the bankrupty-court and maybe next to the justice.
.
Not authorized was a not in details pubilsihed one-member-auction in a back-room.
Never existed "open competitive bidding"!
Never existed "a very wide net to multiple buyers, who will compete for the target by bidding the price up"!