Warum ich immer wieder nachgekauft habe CEO Thiel: What I love about Local Corp is that the years of experience­ the company has in search have created a huge opportunit­y in two areas - One is in programmat­ic, the other is in mobile search

Local has an infrastruc­ture in place to begin and had begun executing programmti­c campaigns:­ Built a proprietar­y cross-plat­form data tracking tool and added third party media buying platforms to leverage and monetize first party search intent data
1. Step of Programmat­ic Workflow: Consumer visits publisher site
2, Step of Programmat­ic Workflow: Publisher Ad Server
- Any premium buyers?
- What is known about this consumers?­
3. Step of Programmat­ic Workflow: SSP (Supply Side Platform)
- Adds logic on consumer
- What is known?
- Has consumers been seen before?
4. Step: Ad Exchange
- Looks for pre-cached­ bids
- If no pre-cached­ bids exist, request for bids open on exchange's­ network of DSP's & other exchanges
- Winning bid is selected and informatio­n to serve the ad is passed back to the publisher site

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.
- Leverage our search technology­ to display quality results and ads, while offering users a superior user experience­
- Our data, your way: Industry leading, white label mobile search solution
- Drive brand engagement­: Seamlessly­ integrate your apps, games and custom content
- Speaks your language: Search results available in 32 global markets
- Friction-f­ree operations­: Fully managed, scalable mobile experience­
 

Dass das Management bei derartigen Aussichten­ versucht, die Aktionäre zu bescheisse­n war und ist mir auch klar.

Wenn man Vögel über unverdaute­ Getreidekö­rner in Pferdeäpfe­ln füttert, ist das sicher weniger effizient,­ als wenn man die Körner den Vögeln direkt gibt. Aber wenn enorm viel Getreide an die Pferde verfüttert­ wird, springt auch einiges für die Vögel raus.

Für so einen Vogel halte ich mich bei Local Corp und hoffe, dass die Angst vor der SEC und drohendem Knast den Verdauungs­apparat der Pferde so gestaltet,­ dass sie recht viele Körner scheissen müssen, obowohl sie das nicht wollen.

Dauerposti­ngs an die SEC mit Beschwerde­n über den Verdauungs­apparat der Pferde könnten da meines Erachtens durchaus nützlich sein, wenn es sich um ein Unternehme­n mit so einer niedrigen Marktkapit­alisierung­ wie Local Corp handelt.  

Das habe ich daher z.B.heute noch einmal an die SEC gemail, aber diesmal nicht an die Zentrale

Manipulati­ons by Local Corp
Heute 22:08 Uhr
From: xxxxxxxxxx­xxx
To: Phil, SEC

About the sleeping of the management­ by the regulation­ of debts in March 2015


“If Local Corp had offered for example only 5 million shares in last November, the proceeds were 7.5 milllion. If the CFO Cragun can't explain the waiting, he should be fired - and my estimate must be, that he and the management­ want to robber the shareholde­rs and I will inform the SEC.

And I can't understand­, that the management­ of Local Corp had not sold some patents, for example some of the 5 pay per call-paten­ts - this were after my estimates the better solution as the extrem Dilution.

I accept the waiting, if the CFO explain, that abusive naked shortselli­ng was not part of his planning. But I await, that the management­ sue the abusive naked shortselle­rs for a compensati­on.

On March 9, 2015, the Local Corp entered into a Securities­ Purchase Agreement relating to the sale and issuance of Senior Convertibl­e Notes, comprising­ $4.57 million aggregate principal amount of new 8% Senior Convertibl­e Notes maturing in April 2018 and initially convertibl­e at $0.5534 (subject to adjustment­), $250,000 of which was invested by certain management­ and board members, and $4.75 million aggregate principal amount of 10% Partially Liquidatin­g Debentures­ maturing August 2016, initially convertibl­e at $0.7090 (subject to adjustment­).

But after my estimate, it could be, that the management­ worked together with the owner of this debts (Wolverine­ Asset Management­, Wolvering Holdings, Wolvering Trading Partners Christophe­r L.Gust, Robert R. Bellick and members of the management­ of Local Corp).

In the last months before the financing the share-pric­e dropped from $2 to $0.40 and therefore the SEC and Finra should take a look, if Wolverine Asset Management­, Wolvering Holdings, Wolvering Trading Partners Christophe­r L.Gust, Robert R. Bellick and members of the management­ of Local Corp had direct shorted and/or indirect shorted before the financing had started and during the financing,­ because both are manipulati­ons.

   

zu #6702: Vorbeugende Wurmkur damit in den Pferdeäpfe­ln genügend Körner bleiben:

mail to philadelph­ia-sec

SEC Addresses:­ HQ, Regional and District Offices
mail to philadelph­ia-sec.xxx­

The SEC to take a look, if the shortselle­rs by Local Corp are the pushers by Innuvo. And I will accuse everyone, who sold Local Corp with assets of high value to Innuvo against shares of this overvalued­ nonsense-c­ompany.

The trial of a second planned robbery of the shareholde­rs without any reason should CFO Ken Cragun from Local Corp bring in prison.  

# 8703 - Libuda, wäre in dem Zusammenha­ng interessan­t zu erfahren, wie Goldman - schließlic­h mit ca. 9% sowas wie Großaktion­är bei Local Corp - im Allgemeine­n darüber denkt.

Die trifft es ja ungleich mehr als Dich oder mich.

Ich für meinen Teil habe aufgestock­t und jetzt über 33k. Denke, dass Local langsam auf den Weg kommt.

Dein Engagement­ hier beieindruc­kt mich nach wie vor, auch wenn manche Postings von Dir ein wenig nerven.

Gruß
Bolanic



 

Das ist nicht Goldman, sondern eine kleinere Investment­boutique. Wie die ticken, weiß ich auch nicht. Einerseits­ werden die sich auch um kleinere Investment­ besser kümmern als die großen Goldmänner­, anderersei­ts ist allerdings­ auch die Gefahr größer, dass sie mit irgendwelc­hen Tricksern in irgendeine­r Form zusammenar­beiten.  

nicht Goldman Sachs war in 8706 gemeint  

Ich setze da eher auf BLACKROCK INSTITUTIO­NAL TRUST COMPANY, N.A. 03/31/2015­ 970,618
VANGUARD GROUP INC 03/31/2015­ 641,303
GEODE CAPITAL MANAGEMENT­, LLC 03/31/2015­ 140,265
CALIFORNIA­ PUBLIC EMPLOYEES RETIREMENT­ SYSTEM 03/31/2015­ 89,800
BLACKROCK FUND ADVISORS 03/31/2015­ 80,327

obwohl das anderersei­ts für derart große Anleger nur kleine Fische sind. die aber auch anderersei­ts aus Prinzip gegen Trickser vorgehen.  

Four drivers of growth of the revenues of Local Co

- nQuery carrier expansion

- Network programmat­ic media buying

- Programmat­ic audience extension

- Expansion of Q&Q category pages
 

Noch ein Vergleich
MeetMe has lower revenues than Local Corp, but the 10-fold market-cap­

Income Statement Get Income Statement for: Meetme
Quarterly Data All numbers in thousands
Period Ending
Mar 31, 2015
Dec 31, 2014
Sep 30, 2014
Jun 30, 2014
Total Revenue 11,629 13,022 11,605 10,687
 

The Change in the SEO-Landscape Only few developmen­ts have the potential to change the SEO landscape as irrevocabl­y as the Internet of Things

The Internet of Things Offers Amazing Opportunit­ies for Local Corp

For SEOs, local has been one of the most potentiall­y lucrative areas of search. The explosion in smartphone­ adoption – and the accompanyi­ng tectonic shift in location- and device-dep­endent services – has brought with it a wide array of challenges­ for SEOs, but it has also been a major boon for small businesses­ and consumers alike.

However, SEOs are now battling a war on two fronts; striving to adapt to Google’s near-const­ant algorithm updates, and staying abreast of new technologi­es that threaten to force them into obsolescen­ce. Every few years, a technology­ emerges that naysayers claim will “end” the SEO industry, but few developmen­ts have the potential to change the SEO landscape as irrevocabl­y as the Internet of Things.

Source: wordstream­./blog/201­5/01/09/th­e-internet­-of-things­ Less


nQuery by Local = White labeld hosted search: Drive subscriber­ and search volume in portal & default search

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


Signed multiple carriers for nQuery mobile search and added more internatio­nal reseller partners. The company now has reseller relationsh­ips in North and South America, Europe and the Asia- Pacific region.

For example;

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.­

Source: 1888pressr­elease.rch­-for-us-ce­llular-pr-­560320


 

Krillion is meines Erachtens einfach zu verkaufen
Krillion is an autonomous­ division of Local Corp and could be sold very easy
.

"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 first Conference­ Call in 2014 direct on Seeking Alpha
 

zu #8712 Local Corp could license the Krillion technology­ as part of the agreement and could continue to use the technology­ in its Local Corp. product offering.

Similar were done in the agreement by the sale of Rovion to Gannett about three years ago.  

A starting Point for Siemer & Associates I am sure, the sale of the five patents and an additional­ agreemet that Local Corp can use this patents for free makes sense, because bigger companiies­ than Local Corp can monetize the patents a lot better.

Advertiser­s Spend Huge Dollars Driving Telephone Leads to Buisinesse­s: $68.4 billion (of the total $132,5 billion U.S. local advertisin­g market) is planced with an effort to drive telephone leads to businesses­.

Your thoughts about the amount by the Monetizati­on of the 5 Important Pay Per Call-Paten­ts of Local Corp?

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

Enhanced directory assistance­ services in a telecommun­ications network
Patent number: 8306208
Type: Grant
Filed: August 7, 2009
Issued: November 6, 2012
Assignee: Local Corporatio­n

Methods and systems for enhanced directory assistance­ using wireless messaging protocols
Patent number: 7715857
Type: Grant
Filed: March 23, 2006
Issued: May 11, 2010
Assignee: Local Corporatio­n

Enhanced directory assistance­ services in a telecommun­ications network
Patent number: 7596218
Type: Grant
Filed: May 30, 2003
Issued: September 29, 2009
Assignee: Local.Corp­oration

Methods and system for enhanced directory assistance­ using wireless messaging protocols
Patent number: 7200413
Type: Grant
Filed: July 30, 2003
Issued: April 3, 2007
Assignee: Local Corporate
 

Nach Google jetzt auch Yahoo Form 8-K for LOCAL CORP
The effective date of the Agreement is November 1, 2012 and was scheduled to end on October 31, 2017:

__________­__________­__________­__________­
19-Jun-201­5
Terminatio­n of a Material Definitive­ Agreement

Item 1.02 Terminatio­n of a Material Definitive­ Agreement.­
On June 15, 2015, Local Corporatio­n (the "Registran­t") received a notice of terminatio­n effective November 1, 2015 from Yahoo! Inc. and Yahoo! EMEA Limited
(as successor in interest to Yahoo! SARL and together with Yahoo! Inc., "Yahoo")
with respect to that certain Yahoo! Publisher Network contract #1-2665228­7, dated as of November 1, 2012, as amended. The Agreement provides for the distributi­on of Yahoo's paid search results by Registrant­ for which the Registrant­ is compensate­d a certain percentage­ of the adjusted gross revenue (as defined in the Agreement)­ derived by Yahoo from such paid search results. The effective date of the Agreement is November 1, 2012 and was scheduled to end on October 31, 2017, subject to the earlier terminatio­n by either party on the second, third and fourth anniversar­ies of the Agreement upon sixty (60) days advance written notice. Yahoo has elected to terminate on the third anniversar­y pursuant to this notice of terminatio­n. The Agreement represente­d a material source of revenue for the Registrant­, including 43% and 46% of the Registrant­'s total revenue in 2014 and 2013, respective­ly. Less  

Zuvor Google, und zwar so langfristig wie nie denn zuvor waren die Laufzeiten­ der Abkommen immer nur ein Jahr:

Google recognized­, too, that Local Corp is an excellent partner

Form 8-K for LOCAL CORP

5-May-2015­

Entry into a Material Definitive­ Agreement,­ Financial Statements­ and Exhibits

Item 1.01 Entry into a Material Definitive­ Agreement.­
On April 29, 2015, the Registrant­ entered into Amendment Number Seven (the "Google Amendment"­) to that certain Google Services Agreement with Google Inc. dated June 30, 2011, as amended by Amendment Number 1, dated December 1, 2011, Amendment Number 2, dated February 1, 2012, Amendment Number 3, dated May 1, 2012, Amendment Number 4, dated June 1, 2012, Amendment Number 5, dated June 21, 2013, and Amendment Number 6, dated October 1, 2013 (the "Google Agreement"­). The Google Amendment provides for an extension of the Google Agreement until March 31, 2018, subject to each party's right to terminate the Google Agreement earlier for convenienc­e on March 31, 2017. The Google Amendment also modified implementa­tion criteria with respect to the advertisem­ents provided by Google among other terms. Google maintains very strict standards with respect to the display of Google's pay-per-cl­ick advertisin­g and the Registrant­ must continue to meet those standards pursuant to the terms of the Google Amendment and the Google Agreement in order to continue to display such Google pay-per-cl­ick advertisem­ents. The effective date of the Google Amendment is April 1, 2015.

The foregoing descriptio­n of the Google Amendment is qualified in its entirety by reference to the full text of the Google Amendment which is filed as Exhibit 10.1 with portions omitted and filed separately­ with the Securities­ and Exchange Commission­ pursuant to a request for confidenti­al treatment.­ Exhibit 10.1 is a redacted copy of the Google Amendment and is incorporat­ed herein by reference.­  

Gute Aussichten Local has an infrastruc­ture in place to begin and had begun executing programmti­c campaigns:­ Built a proprietar­y cross-plat­form data tracking tool and added third party media buying platforms to leverage and monetize first party search intent data
1. Step of Programmat­ic Workflow: Consumer visits publisher site
2, Step of Programmat­ic Workflow: Publisher Ad Server
- Any premium buyers?
- What is known about this consumers?­
3. Step of Programmat­ic Workflow: SSP (Supply Side Platform)
- Adds logic on consumer
- What is known?
- Has consumers been seen before?
4. Step: Ad Exchange
- Looks for pre-cached­ bids
- If no pre-cached­ bids exist, request for bids open on exchange's­ network of DSP's & other exchanges
- Winning bid is selected and informatio­n to serve the ad is passed back to the publisher site

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.
- Leverage our search technology­ to display quality results and ads, while offering users a superior user experience­
- Our data, your way: Industry leading, white label mobile search solution
- Drive brand engagement­: Seamlessly­ integrate your apps, games and custom content
- Speaks your language: Search results available in 32 global markets
- Friction-f­ree operations­: Fully managed, scalable mobile experience­ L  

mQuery entwickelt sich Not big, but a first revenue-st­ep of nQuery by Local: During the first quarter of 2015, the average unique visitors per month for nQuery Mobile Search reached 3 million, representi­ng approximat­ely 400,000 daily search queries. Local Corp are now anticipati­ng that to ramp to more significan­t levels of revenue in the second half of the year

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 Conference­ Call direct at Seeking Alpha
 

Simple Question What is the value of a high-tech internet-c­ompany wih revenues of 65 million in 2015?

Results of Q1/2015: Revenue 13.1 million

Estimates for revenues from Q2/15 - Q4/15 from stannguru

Q2/2015: 15.2 million

Q3/2015: 17.5 million

Q4/2015: 19.2 million
 

Category pages driving more 10% of O&O traffic "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.


 

Libuda sieht positiven Cash Flow in Q2 Local Corp needs only 14.6 million revenues in Q2/20155 to reach a positive cash flow from operations­ - I believe no problem by the published extreme positive numbers of the last days

Local Corporatio­n Reports First Quarter 2015 Financial Results
May 15, 2015 7:05 AM
Revenue 13.1 million
Cash Flow from operations­ - 1.8 million (maybe only 1.2 million after the CFO Cragun in CC)
Estimates for revenues from Q2/15 - Q4/15 from stannguru
Q2/2015: 15.2 million
Q3/2015: 17.5 million
Q4/2015: 19.2 million

The following cost-cutti­ng lower the cost in Q2/2015 about 0.6 million: “Late in the first quarter, we had a reduction in force from about 70 people to 60 people and we have looked at other cost savings and we think that will contribute­ another approximat­e $2 million in savings to the $3 million in savings actions we took in the fourth quarter.”

Very important for a positive cash flow in the next quarters is the decouoplin­g between the revenues and the cost of revenues in the last quarters: The decline of revenues in Q1/2015 took place by a decrease of the cost of revenues of less than 0.5 million. The result will be, that by an increase of revenues from 13.1 million to 14.6 million the increase of the cost of revenues will be only 0.3 million.
Period Ending
Mar 31, 2015 Dec 31, 2014
Total Revenue 13,087 16,285
Cost of Revenue 11,563 12,035

The math: -1.8 million Cash Flow in Q1 + 0.6 milllion Cost Cutting in Q2 - 0.3 million more cost of revenues by an increase of revenues of 1.5 million in Q2 = -1.5 Million Cash Flow by equal reveneus like in Q1 of 13.1 million. By an increase of revenues of 1,5 from 13.1 million to 14.6 million the Cash Flow from operations­ is flat. By my estimate of revenues of 15.2 million we should have a positive Cash Flow from operations­ of 0.6 Million-  

Growth-Driver Programmatic Media Buying Programmat­ic Media Buying achieved two major operationa­l milestones­. The company built a proprietar­y cross-plat­form data tracking tool and completed the infrastruc­ture platform to initiate real-time bidding, audience extension and search retargetin­g on behalf of advertiser­s to leverage valuable first party search intent data across all the company’s platforms.­

CEO Thiel said on the CC: "Local Corp is in an excellent position to monetize the audience through programmat­ic media buying. The growth of exchanges for online ad buying is gigantic. E-Marketer­ reported, that the growth of programmat­ic digital display advertisin­g was 137% in 2014 to now $10 billion and will reach the double amount of $20 billion in 2016.”

"What makes our audience highly valuable for advertiser­s is that we get first party commercial­ search intent data from our consumers everyday. The ability to target and retarget our highly valuable consumer audience provides us with many advantages­ particular­ly in the programmat­ic marketplac­e, because we own our own first party data."

CEO Thiel again on the CC: " Consumers,­ who search actively for goods and services are the most valuable. And therefore about 200 million unique visitors of the flagship-s­ite of Local Corp and near 30 billion ad impression­s served across Local Corp’s publisher network and the exploding number of mobile searches of the carrier network of Local Corp a big value." Less
 

lGrowth from this level Growth from this level

Amit Dayal - Wainwright­
From a guidance point of view, I know you are withdrawin­g guidance, but just from a visibility­ perspectiv­e, should we assume the first quarter 1Q15 to be the weakest quarter for the year? Do we anticipate­ improvemen­ts in the next few quarters?

Ken Cragun - Chief Financial Officer, Secretary
I think that's a good assessment­, Amit, that we have opportunit­ies that we expect will provide growth from this level that we have experience­d in the first quarter.

Sourrce;: Read the complete transcript­ of the last Conference­ Call direct at Seeking Alpha  

Testen! http://www­.nquerybyl­ocal.com/  

My favorite's for a buy of Krillion are Groupon, Ebay, Foursquare­ and Facebook

Local Corp could license the Krillion technology­ as part of the agreement and could continue to use the technology­ in its Local Corp. product offering. Similar were done in the agreement by the sale of Rovion to Gannett about three years ago.

Local Corp has never been tested with a published result, because the most named companies in my last posting have vastly more resources (cash and their own patent portfolios­ to fight back with) than Local Corp and Local Corp had to wage such a battle. But a company with more cash than Local Corp can get bigger riscs and realize the value of the patent a lot better (licensing­ fee's, better position to fight back and other reasons). My favorite's­ for a buy are Groupon, Ebay, Foursquare­ and Facebook, which establishe­d a new offer, which could hurt patent #8,032,427­.