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Local Corporation Message Board

  • fankenguru fankenguru May 10, 2014 8:42 AM Flag

    “We entered 2014 focused on three avenues to drive long-term shareholder value:

    - growing our core business,

    - leveraging our Krillion® data technology and

    - monetizing our intellectual property.”

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • "Our third avenue of growth involves implementing a phased approach to our patent strategy. As a first step in executing that strategy, we are in the process of transferring the other 11 of our 12 issued patents into a dedicated IP holding subsidiary. We believe this structure will provide us with the most flexibility solution to leverage the value of our intellectual property, allowing us to easily license our IP, form joint ventures, spin off assets individually or as a portfolio, or execute on other strategic alternatives."

      "Source: Read the complete transciript of the last Conference Calll direct on Seeking Alpha

      • 1 Reply to fankenguru
      • We are in the process of transferring the other 11 of our 12 issued patents into a dedicated IP holding subsidiary. The following issued and pending patents will become the assets of the new patent-subsidiary:

        Patents and Patent Applications of Local Corp

        Owner* Short Title Country Status
        Application/
        Issuance
        Number
        Filing
        Date Inventors

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

        Search Selections with Supplier
        Information
        Issued
        7,890,378
        12/14/2005
        Heath B. Clarke

        Rewarding User For Search
        Selections
        Pending
        12/985,277
        01/05/2011
        Heath B. Clarke

        Dynamic adjustment of Telephone
        Listings
        Issued
        7,596,218
        05/30/2003
        William A. Montemer

        Dynamic adjustment of Telephone
        Listings
        Issued
        8,306,208
        08/07/2009
        William A. Montemer

        Dynamic adjustment of Telephone
        Listings
        Pending
        13/669,870
        11/06/2012
        William A. Montemer

        Directory assistance using keywords
        Issued
        7,200,413
        07/30/2003
        William A. Montemer,
        Heath B. Clarke

        Bidding for directory assistance
        Issued
        7,715,857
        03/23/2006
        William A. Montemer,
        Heath B. Clarke

        Bidding for Directory Assistance
        Issued
        8,359,049
        03/25/2010
        William A. Montemer,
        Heath B. Clarke

        Using Rules to Influence Search
        Results
        Pending
        11/302,506
        12/12/2005
        William Bertovich,
        Stephen Ely,
        Heath B. Clarke

        Determining A Search Center
        Pending
        11/302,412
        12/12/2005
        William Bertovich,
        Stephen Ely

        Advertising based on Semantical
        Keywords
        Pending
        11/452,607
        06/13/2006
        Ian Harcourt Niles,
        Heath B. Clarke

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

    • "To further highlight Krillion’s importance to our business, we are consolidating all of Krillion’s assets, including its IP, into its own subsidiary, which enables us to better manage and measure its performance and contribution to the overall business. How we can best derive value from the technology is important to consider, given that $1.1 trillion of in-store sales are influenced by the web."

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

      • 3 Replies to fankenguru
      • Local Corps local shopping data is growing daily!

        ~120,000 retail store locations

        Over 4,300 consumer shopping categories

        Nearly 3 million localized products

      • "As discussed in detail last quarter, Krillion, our patented local shopping platform, represents another avenue for accelerating our company’s growth and increasing shareholder value. Krillion enables retailers of all sizes to reach more connected consumers by providing the most accurate, current, and comprehensive local shopping data along the path to purchase.

        According to Google’s new local shopping behavior study, over 80% of smartphone and tablet users conduct local searches on their devices, with most of those searches focusing on store hours, directions, addresses, and product availability."

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

      • y_o_s_e@ymail.com y_o_s_e May 10, 2014 4:59 PM Flag

        an act that creates not 1 cent of value for shareholders, instead it just costs money to do the legal work to shuffle the chairs around on the deck of the Titanic, where there's plenty of panic.

    • "First, we continue to see moderate growth from our core business, fueled by top line revenue expansion, driven by two factors: incremental revenue from new ad solutions launched across our extended ad network and better monetization of our traffic on our owned and operated properties."

      Source: Read the complete transcript of the conference call direct on Seeking Alpga

 
LOCM
1.8997-0.0002(-0.01%)Jul 25 3:52 PMEDT

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