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TheDomains.com

Communicate.com changes name, makes acquistion

March 26, 2008 by Michael Berkens

Communicate.com (CMNN.ob) changed its name to Live Current Media, Inc.

The company also announced it has entered into an agreement to acquire Auctomatic, an early stage start-up.  Auctomatic has developed commerce technology and tools that enable sellers to easily transact online through sites such as eBay. The acquisition is expected to close in May.

The company had this to say about the acquisition of auctomatic:

“”””The pending acquisition of Auctomatic is an opportunity for Live Current to rapidly grow its technology and product development capabilities, social and widget network experience and entrepreneurial mindedness that gels with Live Current’s new identity. Live Current will apply Auctomatic’s commerce technology to Perfume.com and other commerce destinations.””””

According to it’s corporate blog the company gave the following as it reason to change it’s name: “”””You may wonder why we’ve chosen to change the name, and the answer is simply this: we are a new company. As a new media company, we have a clear direction, strategy and the team in place to deliver on our mission of building, owning and operating some of the most engaging content and commerce destinations on the Internet.”””

The stock is up $.11 in trading to $2.80 today.

Filed Under: Publicly Traded Domain Co

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. Damir says

    March 28, 2008 at 7:08 pm

    Nice to know this – this is the great time to buy stock I am sure that the $ value of it will increase even further to $5.

    This is what I call “FAST CASH”.


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