Local.com aussichtsreich

Event Details
Title Q4 2014 Local Corporation Earnings Conference Call
Date and Time Friday, February 27, 2015 7:30 a.m. PT
http://ir.local.com/...15&p=irol-EventDetails&EventId=5183941

Preeliminary reporting few days ago:

2015 Guidance of Local Corp
• Revenue between $82M and $86M
• Adjusted EBITDA between
$3M and $4M

That are 0.2-times-revenues and the market-cap is only 5-fold of EBITDA

Full Year 2014 of Local Corp
• $82.8M - $83.3M
in revenue
• $2.2M and $2.4M in
Adjusted EBITDA
Preeliminary reporting few days ago:

2015 Guidance of Local Corp
• Revenue between $82M and $86M
• Adjusted EBITDA between
$3M and $4M

That are 0.2-times-revenues and the market-cap is only 5-fold of EBITDA

Full Year 2014 of Local Corp
• $82.8M - $83.3M
in revenue
• $2.2M and $2.4M in
Adjusted EBITDA

Quelle: http://finance.yahoo.com/news/...es-preliminary-fourth-113000203.html
 

zurücbezahlt - bei Local Corp geht es um eine Wandelschuldverschreibung in der Höhe von sage und aschreibe fünf Millionen Dollar.

Möglichkeit 1: Am weitaus häufigsten ist in der Realität, dass man einen neuen Kredit aufnimmt und damit den alten Kredit tilgt, wenn man nicht gerade in einer schrumpfenden Branche arbeitet.

Das könnte im Fall von Local Corp ein Bankdarlehen sein, eine normale Schuldverschreibung (die in USA sehr viel üblicher sind als bei uns) oder wiederum eine Wandelschuldverschreibung. Alle Möglichkeiten stehen Local Coro offen, übrigens auch ein Bankkredit, der dann aber u.U. teuer sein könnte als der bisherige.


Möglichkeit 2: Eine weitere Möglichkeit wäre die Rückzahlung aus der vorhandenen Cash. Rein rechnerisch fehlen hier, wenn man den Kassenbestand vom 30.9. heranzieht, gerade einmal 700.000 Dollar, um die 5 Millionen abzullösen. Dass noch einmal 7,4 Milllionen an Cash Flow fließen wie in Q2/2014 und Q3/2014, also dem halben Jahr vor dem 30.9., glaube ich nicht, aber es würde auch schon ein Zehntel davon reichen, um die 5 Millionen zu erreichen. Allerdings wird man sich auch nicht völlig blank machen, denn ich vermute einmal, dass man den Kassenbestand nicht unter 3 Millionen absinken lässt.

Möglichkeit 3: Man könnte sich Eigenkapital über die Ausgabe von neuen Aktien beschaffen - momentan wäre dazu die Ausgabe von 7 Millionen Aktien erforderlich, um die Schuld ausschließlich durch Eigenkapital abzulösen, was die Aktienzahl von 23 Mililionen auf 30 Millionen ansteigen ließe.

Möglichkeit 4: Man könnte Vermögensgegenstände monetarisieren, wozu sich hervorragend Patente eignen.

Quellen für die verwendeten Zahlen können den letzten Postings von mir entnommen werden, wo sie von mir durch Quellen belegt wurden.

 

nQueryTM 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.

And, while you offer your visitors 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.

http://nquerybylocal.com/  

unterbewerteste Nasdaq-Aktie, denn 16 Millionen Marktkapitalisierung sind z.B. bei diesen Daten extrem absurd:

Publishers: 3 billion search queries monthly

Owned and Operates: 42 million queries monthly and 17million unique users monthly

nQuery: 10 million queries monthly, 26 million mobile subscribers
Soon to = 200M+ global monthly searches

Quelle: Corporate Overview of Local Corp– January 2015 auf local.com und dann auf SEC-Filings gehen

 

zumindest - und wohl auch längerfristig - die beste Lösung sein dürfte, ist meines Erachtens leicht zu erkennen. Vorausgesetzt allerdings, dass man aus Gründen der Eile nicht zu große Abstriche machen muss.

“We have identified hundreds of websites and applications that we believe infringe upon this patent and believe there are likely thousands more. We have set a clear course to begin the process of licensing this patent and expect to continue to report the results of these monetization efforts with greater frequency. Overall, we currently believe that a conservative estimate of potential future licensing fees that could be generated from this patent is $100 million. We believe we are well-positioned to explore the monetization of our other patent families as well, including our pay-per-call patents.”

http://www.streetinsider.com/Corporate+News/...ectronics/9800682.html

Mit dieser Aussage, die zudem an die SEC gefilt wurde, hat man den Kopf enorm aus dem Fenster gestreckt. Wenn da aber auch nur eine oder zwei Millionen zustande kämen, wären zusammen mit den am 30.9.2014 vorhandenen 4,3 Millionen in der Kasse die 5,0 Millionen Tilgung wohl kaum ein Problem, zumal man dann auch die Kassenhaltung kleiner halten könnte, weil das auf weitere Lizenzzuflüsse hindeuten würde.  

https://www.youtube.com/watch?v=W-HJvqqYpfw

auch wenn das nicht mehr ganz taufrisch ist.  

https://www.youtube.com/watch?v=Z-9cNY-Hjfo

Leverage your web content to showcase related topic links with Display to Search by Local.  

Handelsplatz (?)  Letzter     Veränderung  Vortag  letzte Stk.  Tag-Stk.   Kursspanne  Zeit  


Tradegate   0,618  €   -2,83%  
0,636 €  0  5.233   -   09.02.15  


 
Frankfurt   0,621  €   +2,31%  
0,607 €  0  4.830   -   09.02.15  
 

Issued Patents of Local Corp

Owner* Short Title Country Status
Issuance
Number
Filing
Date

Searches Assisted by Multi-Level
Menus
Issued
7,062,453
08/31/2000

Search Selections with Supplier
Information
Issued
7,890,378
12/14/2005

Dynamic adjustment of Telephone
Listings
Issued
7,596,218
05/30/2003

Dynamic adjustment of Telephone
Listings
Issued
8,306,208
08/07/2009

Directory assistance using keywords
Issued
7,200,413
07/30/2003

Bidding for directory assistance
Issued
7,715,857
03/23/2006

Bulk Web Domain Generation
Issued
8,312,125
03/12/2010

Geocoding related Webpages
Issued
7,231,405
01/10/2005

Indexing Found Geocodes with
Webpages
Issued
7,822,705
06/11/2007

Indexing Found Geocodes with
Webpages
Issued
8,176,082
09/22/2010

Provision Of Localized Shopping
Based On Geocodes
Issued
8,032,427
04/03/2007

Methods and systems for enhanced directory assistance using wireless messaging protocols
Patent number: 8359049
Filed: March 25, 2010
Issued: January 22, 2013

Technique for locating relevant advertisements through the use of semantic keyword searches with claims directed to software, systems and methods in which semantically related keywords may be used to locate relevant fee generating advertisements that may monetize better than other available response ads.
Patent number 8,725,572
Issued on May 13, 2014

Quellen:

http://patft.uspto.gov/

http://www.chemie.uni-jena.de/ivs/schulung/patente/9patent.htm

http://www.google.com/patents/US7062453

http://www.patentbuddy.com/Patent/7062453

 

“We have identified hundreds of websites and applications that we believe infringe upon this patent and believe there are likely thousands more. We have set a clear course to begin the process of licensing this patent and expect to continue to report the results of these monetization efforts with greater frequency. Overall, we currently believe that a conservative estimate of potential future licensing fees that could be generated from this patent is $100 million. We believe we are well-positioned to explore the monetization of our other patent families as well, including our pay-per-call patents.”

http://www.streetinsider.com/Corporate+News/...ectronics/9800682.html

handelt es sich übrigens um das erste aus der Liste in #8134:

Searches Assisted by Multi-Level
Menus
Issued
7,062,453
08/31/2000


 

NLS Time (ET)

NLS Price

NLS Share Volume


15:56:04 $.69  100
15:53:49 $.70  2,000
15:43:00 $.7095  100


Read more: http://www.nasdaq.com/symbol/locm/real-time#ixzz3RO5fvjEG
 

Zahlen zum 31.12. wird deutlich, dass die Instititutionals nicht verkauft haben.

Somit stellt sich die Frage: Wer dann?

Institutional Ownership
26.71%

Total Shares Outstanding (millions)
23

Total Value of Holdings (millions)
$4



Active Positions








Holders Shares

Increased Positions
7 226,041

Decreased Positions
12 186,904

Held Positions
9 5,791,345

Total Institutional Shares
28 6,204,290



New and Sold Out Positions




Total ActiveSharesNew/SoldShares0k-250k250k



Holders Shares

New Positions
2 84,485

Sold Out Positions
4 106,509


Read more: http://www.nasdaq.com/symbol/locm/institutional-holdings#ixzz3RW3Y5DqP
 

ist, dass dort die erste Zahl bei den folgenden Positionen die Anzahl der Akteure ist und nicht zur Aktienzahl gehört, sodass folgende Darstellungsform besser wäre

Increased Positions
226,041

Decreased Positions
186,904

Held Positions
5,791,345

Total Institutional Shares
6,204,290



New and Sold Out Positions

Total ActiveSharesNew/SoldShares0k-250k250k



Holders Shares

New Positions
84,485

Sold Out Positions
106,509
 

Financial monetization of patents only started  

 
The financial monetization of patents has only started by one (the oldest) patent of 13 patents. And by the first trial by hundreds or thousands, who hurt this patent of Local Corp. we saw a very big success for Local Corp: A payment of $700,000 for Local Corp from Fry’s

Searches Assisted by Multi-Level
Menus
Issued
7,062,453
08/31/2000
But this $700,000 will never standing alone – take a look at the speech of the CEO as the settlement was published, some weeks ago.

”We have identified hundreds of websites and applications that we believe infringe upon this patent and believe there are likely thousands more. We have set a clear course to begin the process of licensing this patent and expect to continue to report the results of these monetization efforts with greater frequency. Overall, we currently believe that a conservative estimate of potential future licensing fees that could be generated from this patent is $100 million.

Quelle: Last conference call on Seeking Alpha  

- 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 (local.com und dort unter SEC-Filings nachsehen)



As the web information exponentially grows and the needs of users become more specific, traditional general web search engines are not able to perfectly satisfy the nowadays user requirement. Vertical search engines have emerged in various domains, which more focus on specific segments of online content, including local, shopping, medical information, travel search, etc. For instance, a user may want to find a restaurant near his/her current location, search professionals on LinkedIn, and look for products on EBay. Recent studies show that Web queries have various vertical intents (e.g., 20% of them are local intent), and even more in mobile queries. As a response, vertical search engines start attracting more attention while relevance ranking in different vertical search engines is becoming the key technology. In addition, vertical search results are often slotted into general Web search results. Hence, designing effective ranking functions for vertical search has become practically important to improve users' experience in both web search and vertical search.

http://smalloshin.wix.com/verticalsearch2015  

Long term value through Innovation

• Expanding reach with the expected launch of nQueryTM solution with a top five global carrier

• Launched our advanced traffic quality solution nTegrityTM

• Building and monetizing our Local audience with proprietary traffic quality tools

Source: Presentation of Q3/14-report (local.com und dort unter SEC-Filings)

nQuery is already powering millions of user searches per month and is expected to grow significantly with the onboarding of new partners.

We also continue to explore new ways to monetize our proprietary assets including our Krillion data ingestion and localization technology. We believe the value of Krillion is that it seamless ingests normalizes and localizes various types of data and presents relevant content across multiple channels in customer use cases. The most recent use case was a launch of new ad formats and where-to-buy solutions for web, social and mobile in the shopping space. We look forward to discussing this more in the future

48% of employees will work in reseach & development by the end of 2014
Intend to continue making significant investments in initiatives to diversify our revenue sources and promote our future growth "As we continue to diversify our technologies and traffic sources, we remain focused on technology and advertising offerings that will improve the experience for our end users, and allow our network and other third party partners to enhance their service offerings and lower their costs. While we are still very focused on the local search industry, we believe there are additional opportunities in technology and advertising that we and our customers can benefit from, while diversifying our revenue sources. We intend to continue making significant investments in initiatives to diversify our revenue sources and promote our future growth."

Source: Last Q10-Filing to the SEC  

Even with the top line pressure, throughout the quarter we maintained solid financial management, repaid debt of $4.5 million, and generated adjusted EBITDA of $407,000, cash from operating activities of $3 million, and free cash flow of $2.2 million.

Read more: http://www.nasdaq.com/aspx/...-earnings-call-transcript#ixzz3RX7eisqU
 

"We believe the consumer shift to mobile devices presents a tremendous opportunity for us. Today, consumers are using their mobile devices more than ever before to search for local products and services.

We believe that Local can become the technology engine which powers third party apps and sites that seek to provide on-the-go mobile consumers with the local business, product, and service information they want, when they need it, along their path from discovery to decision. If this happens, we believe we will be in a better position to control our financial future by having direct relationships with retailers and brands and as a result we expect to be able to reduce our reliance on third party advertisers.

In addition, we believe that any wide adoption of the Local technology platform would result in access to an immense amount of data about retailers, manufacturers, and consumers alike. We believe this could further evolve Local's platform into a location-based data play, complete with highly valuable consumer behavior trends, price history by category and other valuable information. We believe we are in the early stages of this evolution in consumer search and we believe we are well positioned to take advantage of it."

10-q-local-corp-2014-11-12
 

inside von SEC und Finra meines Erachtens noch keine Beine gemacht.

http://www.marketwatch.com/story/...ed-short-selling-files-2014-05-29

Aber nichts ist ja bekanntlich unmöglich.  

aber die werden unter der Decke gehalten:

"Mitchell says the SEC has never made public the results of its investigations of the naked short selling of Bear Stearns, Lehman Brothers, Merrill Lynch, Morgan Stanley or Goldman Sachs, the big banks that collapsed or nearly collapsed during the financial crisis. The complaint also points to the massive violations of Reg SHO committed by UBS Securities and Credit Suisse Securities, which became public in 2011 when the Financial Industry Regulatory Authority (FINRA) released its settlements with those two banks."  

Veröffentlicht am 30.10.2014
Improve lead generation and sales force efficiency with the latest performance marketing solution from Local.


https://www.youtube.com/watch?v=Z-9cNY-Hjfo
 

Tradegate 1.000 Stück für gerade einmal 0,60 zugekauft habe.

Why the management of Local Corp don’t accuse the market makers, naked shortsellers and their criminal brokers and the sleeping and grass smoking helpers inside of SEC and Finra is clear – Local Corp must be well-positioned to repay the low amount of 5 million convertible debt in Apri 2015 and does not need the offering of new shares or a new convertible obligation.

Manipulation for shares of Local Corp begins every trading day at 9.30 am sharp with very few shares and continues on all day. It has been going on not for months but years with absolutely and exactly same pattern. Local Corps management is equally at fault for allowing this to happen continuously. Daily chart for this security is a living proof of manipulation. Even though small number shares are traded the manipulator use sophisticated tricks and continuously keep dumping few shares in order to keep price lower. Happens all day along and if stock managed to come up some, manipulator brings it down near the close. I have analysed all this statistically. Why the manamgent of Local Corp had not decided to file a complaint with SEC can have only one reason: Local Corp must be well-positioned to repay the low amount of 5 million convertible debt in April 2015 and does not need the offering of new shares or a new convertible obligation.
 

Fakten:

Local Corp has 0.19-times-revenues by a market-cap of 16 million and revenues of 84 million

2015 Guidance of Local Corp
• Revenue between $82M and $86M
• Adjusted EBITDA between
$3M and $4M

Full Year 2014 of Local Corp
• $82.8M - $83.3M
in revenue
• $2.2M and $2.4M in
Adjusted EBITDA

Quelle: Preeliminary Report auf local.com  

http://www.localcorporation.com/solutions/publishers  

http://www.localcorporation.com/solutions/advertisers