$LIVE - new research update on online deal pione

$LIVE - new research update on online deal pioneer LiveDeal, Inc.

BALTIMORE, February 28, 2014 /PRNewswire/ --Goldman Small Cap Research, a stock market research firm focused on the small cap and microcap sectors, announced today that it has issued a new research update on online deal pioneer LiveDeal, Inc. (NASDAQ - LIVE). LiveDeal provides marketing solutions that boost customer awareness and merchant visibility on the Internet, primarily through its innovative deal engine.

In the Opportunity Research update, analyst Rob Goldman outlines his thesis on LiveDeal.

"Since our initiation of coverage report two weeks ago, LiveDeal has executed a series of steps that affirms our thesis and gives us even greater confidence in our short term and long term price objectives.  For example, the Company is flush with cash from a $10 million funding, and will soon introduce new mobile apps enabling users to have immediate access to LiveDeal's "instant" real-time deal platform http://www.LiveDeal.com ."

"We view these steps are a strong complement to the Company's core business and revenue models which are preferred by restaurateurs to Groupon and other deal sites. More important, LiveDeal' Google-type search engine model drives web traffic and revenue, and carries higher profit margins than typical deal sites. It also doesn't hurt to have Howard Stern aiding in a large ad campaign around the time the Company launches its services in New York City given his long history of sponsorship successes."