Live Current puts geo-domains on the auction block

Posted by Rob Lewis

Vancouver's Live Current Media announced today that it has entered into an agreement with Palo Alto-based Arbor Advisors, LLC to sell six of its non-core but highly valuable dot-com domain names from the company’s portfolio. Live Current expects to market the domain names for an aggregate amount of $6-10 million and anticipates negotiating transactions for the sale of some or all of the six domain names within 90 days.

Domain Name Wire is reporting that geo-related domains are specifically on the block including Brazil.com, Vietnam.com, Indonesia.com, Malaysia.com, and GreatBritain.com. Considering today's difficult fundraising market, selling off non-core domain names may be a smart non-dilutive form of financing to fund growth.

Disclosure: Geoff Hampson and Boris Wertz are both Directors of Techvibes Media Inc. and Live Current Media Inc.

Company:
Live Current Media
Website:
http://www.livecurrent.com
Location:
Vancouver, British Columbia, Canada

Live Current builds, owns and operates some of the most powerful and engaging content and commerce destinations on the Internet. Through subject-specific DestinationHubs™, Live Current properties connect people to each other and to the information, brands, and products they are passionate about. Live Current has headquarters in Vancouver, Canada with a location in Seattle, WA and is publicly traded on the NASD... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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