UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 14A INFORMATION
 
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934
 
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¨
Preliminary Proxy Statement
¨
Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
¨
Definitive Proxy Statement
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Definitive Additional Materials
¨
Soliciting Material Pursuant to §240.14a-12
 
LIVE CURRENT MEDIA, INC.
(Name of the Registrant as Specified In Its Charter)
 
DAVID JEFFS
JOHN DA COSTA
CARL JACKSON
SUSAN JEFFS
CAMERON PAN
ADAM RABINER
AMIR VAHABZADEH
(Name(s) of Person(s) Filing Proxy Statement, if other than the Registrant)
 

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1

 
 
               
442,688
                   
     
1,215,285
1,475,002
     
1,907,531
 
3.308978499
     
8,434,468
       
                                     
 
12/31/02
3/31/03
6/30/03
9/30/03
12/31/03
3/31/04
6/30/04
9/30/04
12/31/04
3/31/05
6/30/05
9/30/05
12/31/05
3/31/06
6/30/06
9/30/06
12/31/06
3/31/07
                                     
Sales
 
81,157
173,895
394,734
581,049
496,109
733,107
817,156
1,469,079
978,326
1,050,055
1,017,659
2,722,023
1,531,946
1,585,330
2,127,828
3,189,364
1,691,245
                                     
Profit
 
5,870
27,801
144,481
71,641
45,221
120,908
137,257
194,711
133,472
115,670
116,609
8,189
(39,117)
81,738
347,859
23,957
(28,772)
                                     
Operating Expenses
 
64,654
88,823
113,611
234,859
208,794
212,328
262,514
475,244
297,782
347,447
368,869
729,990
419,955
536,104
427,709
590,281
434,820
AMZN
           
54.40
34.13
44.29
34.27
33.09
45.30
47.15
36.53
38.68
32.12
39.46
39.39
Quote
 
0.04
0.15
0.17
0.25
0.42
0.32
0.6
0.6
0.62
0.81
1.15
1.35
1.3
0.94
0.99
1.35
1.03

 
359,204
1,810,944
                       
 
Jeffs
Hampson
       
-0.085628937
     
-0.339634211
     
 
1,238,679
2,025,680
                 
-0.481714603
-0.59154557
 
 
6/30/07
9/30/07
12/31/07
3/31/08
6/30/08
9/30/08
12/31/08
3/31/09
6/30/09
9/30/09
12/31/09
3/31/10
6/30/10
9/30/2010
                             
Sales
1,656,164
1,770,594
3,961,231
1,852,660
1,935,454
1,954,684
3,622,035
1,752,382
1,704,905
1,757,736
2,391,868
908,234
696,376
 
                             
Profit
(219,180)
(429,166)
(1,340,831)
(1,994,218)
(2,025,905)
(3,050,207)
(2,936,126)
(916,408)
(1,407,423)
703,127
(2,389,309)
84,078
(384,194)
 
 
71,573
(1,340,549)
                       
Operating Expenses
651,896
935,013
2,450,360
2,567,339
2,399,153
2,343,285
3,906,785
2,110,994
1,530,396
1,212,560
1,276,304
1,007,271
1,150,917
 
AMZN
68.41
93.15
92.64
71.30
73.33
72.76
51.28
73.44
83.66
93.36
134.52
135.77
109.26
 
Quote
2
2.15
2.06
2.54
2.82
1.45
0.37
0.35
0.28
0.2
0.29
0.18
0.13
0.08

*
Mr. Jeffs left the management team of LIVC in Q2-2007 at a stock price of approximately $2.00/sh. While shares did spike during 1Q-2008, it has subsequently fallen to $0.08/sh.

*
During Mr. Jeffs' leadership, the share price rose from $0.04/share in Q1-2003, to $2.00 at the end of Q2-2007, an increase of 4.900%!

*
While the share pricre did spike early in Mr. Sampson's tenure, the shre price has dropped precipitously since 3Q-2008. Since the end of Q2-2007, the share price has declined form $2.00/sh to $0.08/share or 98%.

*
Sales have risen since Mr. Hampson took over in Q2-2007, but are down considerably this year.
*
While sales are up, profits have been suffering under Mr. Hampson's leadership.
*
In addition, operating expenses have increased dramatically during Mr. Hampson's tenure.

*
For the 4 years up until Mr. Jeffs' departure in Q2-2007, quarterly profits averaged $71,573
*
Since Mr. Hampson has been in control, quarterly LOSSES have averaged  $1,340,549

*
During Mr. Jeffs's tenure as head of LIVC, the company showed profits 15 out of 18 quarters

*
For the 3 years Mr. Hampson has been in control, there have been only 2 quarters out of 12 that LIVC has achieved a net profit.

*
During Mr. Jeffs' tenure  (1Q-2003, through 2Q-2007,  quarterly sales averaged $1,238,679
*
While the average quarterly sales for the 3 years Mr. Hampson has been in control averaged $2,025,680, this year's 1Q sales are down 48% year-to-year and 2Q sales are down 59% year-to-year.

*
Sales showed continued growth during Mr. Jeffs' tenure. The sales for each subsequent quarter every year, were higher than the previous year's corresponding quarter.

*
Sales have not showed the steady growth during Mr Hampson's leadership. In addition to the aforementioned decline in sales during the first two quarters of 2010 compared to 2009, sales in the traditionally strong 4Q were down 9% from 4Q-2007 to 4Q-2008, and down 34% from 4Q-2008 to 4Q-2009

*
Under the leadership of Mr. Jeffs, operatiing expenses were held in check (Q1 – 2003 through Q2-2007). Conversely, operating expenses rose dramatically during Mr. Sampson's leadership.

*
Prior to Mr. Jeffs departure in Q2-2007, quarterly operating expenses averaged just $359,204

*
In the 3 years Mr. Hampson has been in control, quarterly operating expenses have increased 404%, to an average of $1,811,000 per quarter.

12/31/04
3/31/05
6/30/05
9/30/05
12/31/05
3/31/06
6/30/06
9/30/06
12/31/06
3/31/07
6/30/07
44.29
34.27
33.09
45.30
47.15
36.53
38.68
32.12
39.46
39.39
68.41
0.6
0.62
0.81
1.15
1.35
1.3
0.94
0.99
1.35
1.03
2
693.63
675.45
687.61
712.21
723.31
758.45
740.14
771.07
822.13
829.05
873.19
328.8
321.26
333.1
350.2
350.67
394.83
375.97
371.78
400.02
411.9
432.31
                     
-18.58%
-37.00%
-39.17%
-16.73%
-13.33%
-32.85%
-28.90%
-40.96%
-27.46%
-27.59%
25.75%
1400.00%
1450.00%
1925.00%
2775.00%
3275.00%
3150.00%
2250.00%
2375.00%
3275.00%
2475.00%
4900.00%
46.83%
42.99%
45.56%
50.77%
53.12%
60.56%
56.68%
63.23%
74.04%
75.50%
84.85%
77.94%
73.86%
80.27%
89.52%
89.78%
113.68%
103.47%
101.20%
116.48%
122.91%
133.96%
                     

9/30/07
12/31/07
3/31/08
6/30/08
9/30/08
12/31/08
3/31/09
6/30/09
9/30/09
12/31/09
3/31/10
6/30/10
 
9/29/2010
93.15
92.64
71.30
73.33
72.76
51.28
73.44
83.66
93.36
134.52
135.77
109.26
 
158.99
2.15
2.06
2.54
2.82
1.45
0.37
0.35
0.28
0.2
0.29
0.18
0.13
 
0.08
882.79
849.22
764.63
748.1
678.5
520.6
461.14
535.62
619.87
653.13
688.74
607.92
 
676.56
423.43
395.14
364.59
364.94
360.68
268.73
222.43
268.32
317.43
332.63
360.3
327.97
 
359.93
                           
71.23%
70.29%
31.07%
34.80%
33.75%
-5.74%
35.00%
53.79%
71.62%
147.28%
149.58%
100.85%
   
5275.00%
5050.00%
6250.00%
6950.00%
3525.00%
825.00%
775.00%
600.00%
400.00%
625.00%
350.00%
225.00%
 
100.00%
86.88%
79.77%
61.86%
58.36%
43.63%
10.21%
-2.38%
13.39%
31.22%
38.26%
45.80%
28.69%
 
43.22%
129.15%
113.84%
97.31%
97.50%
95.19%
45.43%
20.38%
45.21%
71.79%
80.01%
94.99%
77.49%
 
94.79%
                           


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