Live Current (Communicate.com) Starts Trading Under Fresh Ticker
Domain name firm name and stock symbol change go into effect.
Domain name firm Communicate.com has officially changed its name to Live Current Media (OTC BB: LIVC). It changed its stock symbol from cmnn.ob to livc.ob effective yesterday.
The firm’s stock has been on a wild ride this year, shooting up to over $3.00 per share following positive press in Kiplinger. The stock closed yesterday at $2.10 per share.
Live Current Media owns a number of premium domain names counting Perfume.com, Cricket.com, Brazil.com, Boxing.com, and Karate.com. The firm used to park many of its domain names, but is quickly developing them.
It has a checkered past as domains were sold seemingly “below value” to firm insiders, but the firm has a fresh slate of management that is proving aggressive. In April Live Current signed a ten year, $50 million deal with with DLF Indian Premier League (a cricket league), which will probably be integrated into Cricket.com. In March it purchased Auctomatic, an early stage startup funded by Y Combinator.
The Kiplinger article sparked a lot of interest in the firm, especially when it revealed that the firm had rejected a $6 million offer for Cricket.com.
