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Local Corporation Message Board

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  • We offer a range of local search advertising products and services. Our Consumer Properties products are consumer facing web sites specializing in providing local search results to consumers on the Internet. We use a combination of our proprietary Keyword DNA™ and geographic web indexing technologies to provide relevant search results for local business, products and services and sponsored listings. We generate revenue each time an Internet user initiates a search on our sites and network and clicks-through on a sponsored listing from our advertisers. We also generate revenue from monthly fee arrangements and display advertising (banners).

  • Without the idotic financing and thethe alternative monetizing of assets by only 24 Million Shares = $3/share.

  • We have five new owner from Wolverine-Group and every owner has convertible bonds, which can changed in 6.39 million shares = together 32 million shares and additional 0.6 million shares from the change of the convertible bonds of the management = 32.6 million new share. Together with the existing 23.4 million shares would exist now 56 Million shares, if the convertible bonds would be changed in shares.

    I am not happy about this solution and criminal robbery of the shareholders and I believe, that there had exist better alternatives and the chosen alternative was a criminal robbery of the shareholders through the management. But on the other side is this solutions not a reason for the idiotic low market-cap of only 9 million yesterday. And positive is, that by change of the loan for shares the debt were reduced and Local Corp get additional working-capital of 3 million.

    Financial guidance for 2015 remains consistent with that provided on Jan. 12, 2015. Revenue is expected to be in the range of $82 million to $86 million. Adjusted EBITDA is expected to be in the range of $3 million to $4 Million Less
    The question of the future must be: What is the value of a company with revenues of 82 - 86 million and a EBITDA of 3 -4 million in 2015?

    The question of the future must be: What is the value of a company with revenues of 82 - 86 million and a EBITDA of 3 -4 million in 2015?

    I am sure, higher the 10 Million of today

    Stanguru compensated a part of the dilution through strong buys in the last days and owning mow 132,000 shares = 0,24% of the outstanding 56 million after a conversion of the convertible bonds.

  • Reach: 30 billion impressions annually

    Audience:: 200 million consumers annually

    LOCM Company Overview | March 2015

  • "Our 2015 annual revenue guidance at the mid point represents a significant growth when compared to our Q4 exit run rate We believe we have the right products, infrastructure and vision to get there. And we look forward to sharing our progress on future calls."

    CFO Ken Cragun: Improved adjusted EBITDA profitability

    "Turning our focus to 2015, with many of our key initiatives underway, we expect to return to revenue growth. Additionally, today we announced that we rightsized the organization to focus on these key initiatives.

    We expect these actions, among other cost reductions, to yield approximately $2.6 million in annual cost savings, which will improve our adjusted EBITDA profitability. "

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

  • Every robbered shareholder should to the same and mail to the SEC and Finra and additional to their congressman the question, why the SEC and Finra sleeping and smoking grass and tolerating such criminal robberies like the Wolvering-agrreement, which had not must be, if the criminal management had sold some assets.

  • Reply to

    The diverse revenue streams of Local Corp

    by stannguru Mar 27, 2015 4:21 PM

    Some parts of the posting of y_o_s_e are right, but stannguru will accuse the management, if the robbery of the shareholder going on and maybe the SEC and Finra will stop sleeping and fire cthe criminal CFO Cragun.

    I had posted such to the SEC and I will repeat it.

  • y_o_s_e 2 hours 46 minutes ago Flag

    Scott was too busy selling

    1. Name and Address of Reporting Person*
    Reinke Scott
    (Last) (First) (Middle)
    IRVINE CA 92618
    (City) (State) (Zip)
    2. Issuer Name and Ticker or Trading Symbol
    LOCAL Corp [ LOCM ] 5. Relationship of Reporting Person(s) to Issuer
    (Check all applicable)
    Director 10% Owner
    X Officer (give title below) Other (specify below)
    General Counsel
    3. Date of Earliest Transaction (Month/Day/Year)
    4. If Amendment, Date of Original Filed (Month/Day/Year)
    6. Individual or Joint/Group Filing (Check Applicable Line)
    X Form filed by One Reporting Person
    Form filed by More than One Reporting Person
    Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
    1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
    Code V Amount (A) or (D) Price
    Common Stock (1) 09/05/2013 S 8,019 D $2 27,190 D
    Common Stock (1) 09/05/2013 S 100 D $2.01 27,090 D

  • It is criminal, that the last patent was not published at the time, when it was issued: on March 3, 2015.

    But the criminal management want to dump the strike-price of the convertible bond.

  • Rather than searching to pin blame, I think you just need to accept that LOCM has been a terrible investment over the years ... face it "The Streetsweeper" was right.

    After the 50k+ postings you have made trying to convince folks to buy this #$%$ is the real crime here.

  • The SEC, Finra and alll shareholders should look at the sales ot the patents - anc accuse Reinke, if he begin to steal the money of the shareholders through sales to bandits, who paid him.

  • But the CFO Cragun should be fired for the expensive and extreme diluting financing - the biggest idiot had it made better.

  • We make our services available to advertisers and consumers through a combination of our own proprietary technology and commercially available technology from industry leading providers. We believe that it is important that our technologies be compatible with the systems used by our partners. In addition to our own proprietary technology platforms, we rely upon third parties to provide hosting services, including hardware support and service and network coordination.

    Our research and development efforts are focused on developing new services and enhancing our existing services to provide additional features and functionality that we believe will appeal to our advertisers and consumers. Our research and development efforts also include the development and implementation of business continuity and disaster recovery systems, improvement of data retention, backup and recovery processes. As of December 31, 2014, we had 22 employees in product and technical development. Our research and development expenses were $5.7 million and $6.6 million for the years ended December 31, 2014 and 2013, respectively.

  • Reply to

    Krillion is a Juwel

    by stannguru 22 hours ago

    1. A computer-implemented method for providing online local shopping information to a user with a web browser who is interested in purchasing a product at a brick and mortar retailer, comprising:
    at an online localization service having a database including geocodes for a plurality of retailer addresses, receiving a universal resource locator from the web browser that contains a plurality of search parameters, wherein the search parameters include a search origin that indicates a geographic location and a product name for a product;

    at the localization service, using the search origin and the product name to generate a web page containing a list of retailers in the vicinity of the search origin that carry the product; and

    consulting a plurality of geocoding services over the internet to determine whether the geocodes are accurate with the localization service.

    2. The method defined in claim 1 further comprising ordering the retailers on the web page according to their distance from the search origin.

    3. The method defined in claim 1 further comprising:
    with an advertisement server, providing a targeted advertisement for the web page.

    4. The method defined in claim 1 further comprising:
    with an advertisement server, receiving at least the product name and the search origin; and

    applying targeted advertisement display criteria to at least the product name and the search origin to determine which targeted advertisement to display on the web page.

  • Reply to

    Krillion is a Juwel

    by stannguru 22 hours ago

    16. The method defined in claim 1 wherein the localization service comprises databases, a promotional console, a page generation engine, a data acquisition engine, a data enrichment engine, a query engine, and an advertisement server, the method further comprising: with the page generation engine, dynamically generating web pages for the user based on information in the databases; with the promotional console, receiving promotional information from retailers over the internet and storing the received promotional information in the databases; with the data acquisition engine, acquiring data on prices for products sold by retailers; with the data enrichment engine, cleansing the acquired data; with the query engine, responding to searches from users for local retailers that sell particular products; and with the advertisement server, providing targeted advertisements to the user on the web page containing the list of retailers.

    17. The method defined in claim 1 wherein the search origin is received by the localization service in the form of a city name, the method further comprising using a retail location to product name mapping table at the localization service to determine prices for the product at the retailers in the vicinity of the search origin.

    18. The method defined in claim 1 wherein receiving the universal resource locator comprises receiving a universal resource locator that contains multiple product attributes.

    19. The method defined in claim 1 wherein the localization service comprises a targeted advertisement table containing targeted advertisements and associated display criteria, the method further comprising: with the advertisement server, applying location-based display criteria from the targeted advertisement table to the search parameters from the universal resource locator to determine which targeted advertisements to display for the user on the web page that contains the list of retailers.

    20. A system for providing online local shop

  • Reply to

    Krillion is a Juwel

    by stannguru 22 hours ago

    Some offers of Groupon, the complete offers of Foursquare, the new offer of Facebook and the offers of a lot of other companies hurt this patent und such companies would be happy to buy it.

  • Reply to

    Krillion is a Juwel

    by stannguru 22 hours ago

    Part of the Krillion-Unit is this valuable patent.

    United States Patent 8,032,427
    Spreen , et al. October 4, 2011
    System for providing localized shopping information

    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.

  • Reply to

    Spreebird and Apple

    by flankenking Nov 8, 2011 2:18 AM

    Spreebird was a jewel too

  • Reply to

    Krillion is a Juwel

    by stannguru 22 hours ago

    they want Krillion and the patent portfolio sold to pay back the B notes - obviously there is little to no value in these assets.

0.45+0.04(+9.76%)Mar 27 3:59 PMEDT