Domain name company name and stock symbol change go into effect.
Domain name company 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 company’s stock has been on a wild ride this year, shooting up to over $3.00 per share after positive press in Kiplinger. The stock closed yesterday at $2.10 per share.
Live Current Media owns a number of premium domain names including Perfume.com, Cricket.com, Brazil.com, Boxing.com, and Karate.com. The company 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 company insiders, but the company has a new 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 acquired Auctomatic, an early stage startup funded by Y Combinator.
The Kiplinger article sparked a lot of interest in the company, especially when it revealed that the company had rejected a $6 million offer for Cricket.com.
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