Looks to Sell More Domains, Malaysia.com Whois Changes — Live Current

Live Current Media seeking offers on more premium domain names; whois information for Malaysia.com changes.

Live Current Media (OTCbb: LIVC.ob) is considering selling Yen.com, Body.com, Mouse.com, Keyboard.com and Leisure.com to raise much need cash, Reglike has learned. Any sale would “clearly depend upon receiving offers that meet our price expectations”, Chief Corporate Development Officer Mark Melville informed me via e-mail.

In October the firm disclosed that Brazil.com, Vietnam.com, Indonesia.com, Malaysia.com, GreatBritain.com, and Communicate.com were all for sale. The firm hoped to raise $6 to $10 million by selling the domains. The whois information for Malaysia.com changed over the past week to Malaysia Travel, Inc., which may indicate a sale is in progress. The fresh address in whois is a Vancouver Address, but not Live Current’s offices. It’s possible the firm is selling the domain to a related firm or investor, but the firm has not released any information regarding a sale.

With cash running seriously low, Live Current raised $1 million in November (and perhaps an additional $1 million more shortly thereafter). Live Current’s CEO invested in the round.

Following a few strategy changes, Live Current is betting its business on cricket. It signed a $50 million deal with DLF Indian Premier League in 2007. Since then, the firm has been unable to make required payments, which were forgiven. The firm also recently launched a web site at Cricket.com. Its major source of revenue is Perfume.com, an online fragrance shop. The firm launched a similar site at Body.com, but it has been closed down and is now a parking page at Sedo.

A publicly traded firm, its shares settled at $.45 today, down from a 52 week high of $3.48.