Local.com aussichtsreich

Local Corp nachwievor Eigentümer, obwohl ich da nach dem Anstieg des Eigenkapitals im August, so erfreulich der ist, meine Befürchtungen hatte - denn bei der Höhe des Anstiegs wäre meines Erachtens dieses Patent unter Wert verschleudert worden.  

System for providing localized shopping information - US 8032427 B1

A localization service is provided that provides users with online information on local retailers that sell particular products. A user can perform a search using a web page associated with the localization service or by searching using an internet search engine. The user's search includes a search origin. The search origin may be defined in terms of location information such as a place name or a postal code. A search for a particular product at local retailers may be made using search parameters such as search origins, product names, model numbers, product categories, and product attributes. The localization service may provide the user with search results in the form of web pages that list which retailers sell the desired product in the vicinity of the search origin. A targeted advertisement server at the localization service may use display criteria to determine which targeted advertisements should be displayed for the user

Two last announcements

6. Apr. 2015 FPAY Fee payment Year of fee payment: 4

8. Mai 2015 AS Assignment Owner name: LOCAL CORPORATION, CALIFORNIA
Free format text: RELEASE BY SECURED PARTY;ASSIGNOR:SQUARE 1 BANK;REEL/FRAME:035600/0603
Effective date: 20150506
 

Methods and systems for enhanced directory assistance using wireless messaging protocols

US 7715857 B2

Directory assistance provides telephone number look up services to callers based on the business or caller name as listed in a telephone directory. In the prior art, directory assistance provides a value-added service to telephone users and an expense that must be charged back to telephone callers or absorbed by telephone carriers. In enhanced directory assistance (EDA) services as described in the disclosure, EDA is further developed to deliver a keyword targeted advertising service to telephone listing owners and advertisers. The present invention provides a method and system to extend EDA services to the wireless messaging systems used by telecommunications operators. The invention further discloses methods to support both one-way and two-way communications on these devices, as well as systems to support the distributed EDA Transaction business model.  

Two last announcements

12. Nov. 2013 FPAY Fee payment
Year of fee payment: 4

8. Mai 2015 AS Assignment
Owner name: LOCAL CORPORATION, CALIFORNIA
Free format text: RELEASE BY SECURED PARTY;ASSIGNOR:SQUARE 1 BANK;REEL/FRAME:035600/0603
Effective date: 20150506
 

wichtigsten Patenten nachgesehen, ob ein Verkauf stattgefunden hat - aber nichts gefunden.

Wie Ihr weiter oben sehen könntet, hat sich von Juli zu August auch bei den Assets nichts geändert hat, sodass die Frage, warum Cash und Eigenkapital um mehr als 1,4 Millionen gestiegen sind, unbeantwortet bleibt.

Cash and Total Equity increased 1,431,190.85 in only one month from July to August ? and the change can only be a sale of assets which was not part of Balance.

Important Balance-Positions 08/31/2015 after UNITED STATES DEPARTMENCE - OFFICE OF THE UNITED STATES TRUSTEE - CENTRAL DISTRICT OF CALIFORNIA
Total Current Assets 14,683,187.46
Net Property, Plant, and Equipment 519,823.00 (21,135,233.00 ? 20,615,410.00 Accumulated Depreciation)
TOTAL LIABILITIES 31,742,358.49
Net-Position of Debts 17,151,079.03
Total Equity 4,407,372.97

Important Balance-Positions 07/31/2015 after UNITED STATES DEPARTMENCE - OFFICE OF THE UNITED STATES TRUSTEE - CENTRAL DISTRICT OF CALIFORNIA
Total Current Assets 13,122,163.63
Net Property, Plant, and Equipment 519,823.00 (21,135,233.00 ? 20,615,410.00 Accumulated Depreciation)
Total Liabilities = 31,612,525.52
Net-Position of Debts = 18,490,361.89
Total Equity $2,976,162.12
 

A motive for the criminal hidding of the important Information could be, that the management want to bash the share-price, because they believe, that this make dirty-sales easier.  

Why Kamala D. Harris, Attorney General of the State of California, Judge Clarkson from the Bankrupty Court, THE UNITED STATES TRUSTEE - CENTRAL DISTRICT OF CALIFORNIA and the SEC should take a look at CEO Fred Thiel, CFO Ken Cragun and CLO Scott Reinke

I am sure, that there exist a lot of serious investors, which were happy, if they could buy Local Corp ? but CFO Cragun and CLO Scott Reinke do all to obstruct such a deal, because Cragun and his cronies from Wolverine and others want to steal the valuable assets.of Local Corp through dirty sales.  

 

Announced for the second half of 2015 .- LOCM Company Overview | March 2015 (page 4)
.

- Content Expansion (higher marging campaigns)

- nTegrity Expansion

- nQuery market expansion

Market Expansion and Platform Expansion by nQuery by Local

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
 

in the average of the last four weeks on the flagship-site to 2.21 (8.3%)

Source: Alexa
 

First of the three directory assistance-patents (pay-per-call) - Methods and systems for enhanced directory assistance using wireless messaging protocols - US 7715857 B2

Directory assistance provides telephone number look up services to callers based on the business or caller name as listed in a telephone directory. In the prior art, directory assistance provides a value-added service to telephone users and an expense that must be charged back to telephone callers or absorbed by telephone carriers. In enhanced directory assistance (EDA) services as described in the disclosure, EDA is further developed to deliver a keyword targeted advertising service to telephone listing owners and advertisers. The present invention provides a method and system to extend EDA services to the wireless messaging systems used by telecommunications operators. The invention further discloses methods to support both one-way and two-way communications on these devices, as well as systems to support the distributed EDA Transaction business model.

Two last announcements

12. Nov. 2013 FPAY Fee payment
Year of fee payment: 4

8. Mai 2015 AS Assignment
Owner name: LOCAL CORPORATION, CALIFORNIA
Free format text: RELEASE BY SECURED PARTY;ASSIGNOR:SQUARE 1 BANK;REEL/FRAME:035600/0603
Effective date: 20150506

Source: Google (?patent 7715857? eingweben)

.
Local Corporation Granted U.S. Pay-Per-Call Patent

Patent Can Help Company Monetize Multi-Billion Dollar Mobile Advertising Market


?Issued on Nov. 6, 2012, the patent describes an Enhanced Directory Assistance (EDA) method and/or system whereby pay-per-call advertiser listings are provided to consumers in response to directory assistance inquiries. The company believes that the patent may cover numerous pay-per-call EDA inquiry methods, such as text and the latest voice command search integrations offered on many of today?s smartphones, as well as traditional voice-based EDA inquiries.

"Borrell Associates estimates that approximately 5 billion Enhanced Directory Assistance (EDA) inquiries from mobile devices will be made in 2012, along with 1 billion more from landlines. EDA is gradually transitioning into an advertiser-pays model, with pay-per-call representing the advertising vehicle," said Heath Clarke, Local Corporation chairman and chief executive officer. ?We believe this patent may represent a core intellectual property component of the emerging pay-per-call mobile ad industry because it contemplates the provision of pay-per-call ad listings in response to EDA searches. We?re pleased that this patent validates the considerable time we have spent developing our intellectual property in the area of performance advertising, including EDA.?

The patent also provides a method and/or system for dynamically ordering pay-per-call directory listing results and tracking subsequent telephone referrals. EDA pay-per-call ad revenue is intended to provide additional revenue for carriers. The patent is a continuation of a patent previously issued to the company.

http://www.reuters.com/article/2012/11/27/...0+27-Nov-2012+BW20121127
 

Sensational progress in only one month
.

by Local Corp. Some assets make Local Corp very attractive for an take-over through Google and a lot of other companies.

Every amount of assets (without Total Current Assets) above 17,151,079.03 are value of the shareholders

Total Current Assets and Total Liabilites at 08/31/2015 after UNITED STATES DEPARTMENCE - OFFICE OF THE UNITED STATES TRUSTEE - CENTRAL DISTRICT OF CALIFORNIA

Total Current Assets $14,683,187.46

TOTAL LIABILITIES $31,742,358.49

Net-Position of Debts = 17,151,079.03

Total Current Assets and Total Liabilites at 07/31/2015 after UNITED STATES DEPARTMENCE - OFFICE OF THE UNITED STATES TRUSTEE - CENTRAL DISTRICT OF CALIFORNIA

= 13,122,163.63

Total Liabilities = 31,612,525.52

Net-Position of Debts = 18,490,361.89
 

Filing Date Form Description Filing Group Downloads
  09/23/15       8-K§
Report of unscheduled material events or corporate event Current Reports
  09/10/15       8-K§
Report of unscheduled material events or corporate event Current Reports
  08/21/15       8-K§
Report of unscheduled material events or corporate event Current Reports


http://ir.local.com/phoenix.zhtml?c=181515&p=irol-sec  

Methods and systems for a dynamic networked commerce architecture

Stats
? Jun 13, 2006
Issued date
? Aug 31, 2000
filing date
? Aug 31, 1999
priority date (Note)
? In Force

One embodiment of the present invention provides systems and methods, which allow a more efficient shopping experience. A cascading commerce menu provides access to a plurality of product, service, and/or content categories. In one embodiment, the cascading commerce menu is stored on a client computer, thereby providing quick access to the menu.

DateCodeEventDescription
May 08, 2015ASASSIGNMENTOwner name: LOCAL CORPORATION, CALIFORNIAfree format text: RELEASE BY SECURED PARTY;ASSIGNOR:SQUARE 1 BANK;REEL/FRAME:035600/0603Effective Date: May 06, 2015

- See more at: patentbuddy/Patent/7062453
 

Methods and systems for enhanced directory assistance using wireless messaging protocols

Stats
? May 11, 2010
Issued date
? Mar 23, 2006
filing date
? Jul 30, 2003
priority date (Note)
? In Force

Directory assistance provides telephone number look up services to callers based on the business or caller name as listed in a telephone directory. In the prior art, directory assistance provides a value-added service to telephone users and an expense that must be charged back to telephone callers or absorbed by telephone carriers. In enhanced directory assistance (EDA) services as described in the disclosure, EDA is further developed to deliver a keyword targeted advertising service to telephone listing owners and advertisers. The present invention provides a method and system to extend EDA services to the wireless messaging systems used by telecommunications operators. The invention further discloses methods to support both one-way and two-way communications on these devices, as well as systems to support the distributed EDA Transaction business model.

DateCodeEventDescriptionMay 08, 2015ASASSIGNMENTOwner name: LOCAL CORPORATION, CALIFORNIAfree format text: RELEASE BY SECURED PARTY;ASSIGNOR:SQUARE 1 BANK;REEL/FRAME:035600/0603Effective Date: May 06, 2015

- See more at: patentbuddy/Patent/7,715,857
 

Have you ever seen a company with increasing Total Equity during a Chapter 11-procedure?  

But now the biggest surprise for you: The value of the high valuable 14 patents of Local Corp is not part of the assets in the balance, because they were near all developed with the money of the existing shareholders of Local Corp . By such self-developed patents can the company decide, if this patents were counted as assets or not - and Local Corp don't count the self developed patents with high value as assets. Local Corp had never done a capitalization of development costs for the14 valuable patents.

If Local Corp had done such a capitalisation, the difference between assets and debts would be a lot higher than in the balance announced. If the patents were capitaliized, too, the difference between assets and debts would be a lot higher  

US Patent 7,231,405
Method and apparatus of indexing web pages of a web site for geographical searchine based on user location

Stats
         ?§Jun 12, 2007
Issued date
         ?§Jan 10, 2005
filing date
         ?§May 8, 2004
priority date (Note)
         ?§In Force
status (Latency Note
A local search engine geographically indexes information for searching by identifying a geocoded web page of a web site and identifying at least one geocodable web page of the web site. The system identifies a geocode contained within content of the geocoded web page of the web site. The geocode indicates a physical location of an entity associated with the web site. The system indexes content of the geocoded web page and content of the geocodable web page. The indexing including associating the geocode contained within content of the geocoded web page to the indexed content of the geocoded web page and the geocodable web page to allow geographical searching of the content of the web pages.

- See more at: http://www.patentbuddy.com/Patent/7231405#sthash.lPWRpQgy.dpuf
 

The book-value of Local Corp is the 25-fold of the market-cap - I never had seen such a positive situation by a chapter 11
.

Cash and Total Equity increased 1,431,190.85 in only one month from July to August ? and the change can only be a sale of assets which was not part of balance - for example patents without a capitalization.

Important Balance-Positions 08/31/2015 after UNITED STATES DEPARTMENCE - OFFICE OF THE UNITED STATES TRUSTEE - CENTRAL DISTRICT OF CALIFORNIA
Total Current Assets 14,683,187.46
Net Property, Plant, and Equipment 519,823.00 (21,135,233.00 ? 20,615,410.00 Accumulated Depreciation)
TOTAL LIABILITIES 31,742,358.49
Net-Position of Debts 17,151,079.03
Total Equity 4,407,372.97

Important Balance-Positions 07/31/2015 after UNITED STATES DEPARTMENCE - OFFICE OF THE UNITED STATES TRUSTEE - CENTRAL DISTRICT OF CALIFORNIA
Total Current Assets 13,122,163.63
Net Property, Plant, and Equipment 519,823.00 (21,135,233.00 ? 20,615,410.00 Accumulated Depreciation)
Total Liabilities = 31,612,525.52
Net-Position of Debts = 18,490,361.89
Total Equity $2,976,162.12
 

Filing Date Form Description Filing Group Downloads
 09/23/15       8-K§
Report of unscheduled material events or corporate event Current Reports
 09/10/15       8-K§
Report of unscheduled material events or corporate event Current Reports
 08/21/15       8-K§
Report of unscheduled material events or corporate event Current Reports

 

Announced for the second half of 2015 - LOCM Company Overview | March 2015 (page 4)

- Content Expansion (higher marging campaigns)

- nTegrity Expansion

- nQuery market expansion

Market Expansion and Platform Expansion by nQuery by Local

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


Amit Dayal - Wainwright
Thank you. Hi, guys. Just to go back to the network business a little bit. It is shrinking quite a bit year-over-year. You made some comments that seem it could level off from here for the rest of the year. One thing that I think maybe investors would like to understand a little better, I guess, is the shortfall on the network revenue side, the anticipation was that maybe mobile would make up some of those declines on the network side. Is mobile contributing in any way meaningfully at this point? Or do we expect mobile to pick up maybe in the later half of the year?

Ken Cragun - Chief Financial Officer, Secretary
Thanks, Amit. We have rolled out our mobile search product nQuery with multiple carriers and we have installed search solutions in 18 countries. But it's still early and the levels of traffic have not ramped as expected. We are a little bit on the timeline of the carriers. It's installed, it's working, more ad test levels and we do expect and we did expected the volume to ramp in the first quarter. We are now anticipating that to ramp to more significant levels of revenue in the second half of the year.

Source: Read the complete transcript of the Conference Call direct at Seeking Alpha

 

therefore Local Corp.

Facebook needs only 17 million to pay back the debts of Local Corp (or overtake the debts) and could for example additional offer for 200 shares of Local Corp one share of Facebook, which would by 23.4 million outstanding shares of Local Corp the number of shares of Facebook only increase about 117,000 shares - a very small dilution.

The $17 million for the pay-back of debts can Facebook (if they want) refinance through a sale of not needed assets and/or licensing the 14 valuable patents of Local Corp.

Local Corp did a lot of right steps not fast enough - but Local Corp is very atractive for an take-over: Transforming the business and entering rapidly growing digital ad markets by leveraging Local Corp's premium audience

OLD BUSINESS MODEL of Local Corp:
- Opportunistic short term focus
- High revenue concentration risk
- Limited innovation
- Focus on complex SMB market

NEW BUSINESS MODEL of Local Corp:
- Long term value creation; bottom-line driven
- Diverse revenue streams
- Rapid lean production interation and innovation
- Differentiated value propositions
- Shift to enterprise advertisers

" Local Corp have created a huge opportunity in two areas. One is in programmatic, the other is in mobile search.

We came up with a set of initiatives that we?ve been executing that allow us to leverage the traffic and data we collect about consumers and consumer intentions through our search business, and leverage that programmatically. We?re well on the way to building a programmatic platform. On the mobile side, we wanted to provide a solution for search for mobile phone users that was different than what the Google/Yahoo traditional browser vendors were doing."

Local Corp CEO Fred Thiel, Tuesday, May 05, 2015 (Street Fight Magazine)
 

on the flagship-site local.com in the average of the last four weeks to 2.23 (+11.0%).

Source: Alexa  

http://finance.yahoo.com/news/...uire-millennial-media-073348300.html  

Quarterly Data All numbers in thousands

Period Ending
Jun 30, 2015

Mar 31, 2015

Dec 31, 2014

Sep 30, 2014

Total Revenue    65,862      63,170      86,429      69,807    
Cost of Revenue 36,931   34,964   53,360   43,396  

Gross Profit    28,931      28,206      33,069      26,411    

Operating Expenses
Research Development 7,173   7,883   7,018   7,483  
Selling General and Administrative 37,051   39,957   37,524   34,779  
Non Recurring -   -   -   93,479  
Others -   -   -   -  
 Total Operating Expenses -   -   -   -  
Operating Income or Loss    (15,293)    (19,634)    (11,473)    (109,330)