Friday, October 10, 2008 Set to Become Destination Site About Karate

Live Current Media has tied up with Domain Strategies to jointly develop as a destination site about, well, karate. LCM will contribute the domain name to new company, and will receive a 50 percent interest of the new company, plus a distribution and liquidation preference of $500K. Domain Strategies will earn 50 percent of new company by investing $250K in cash to be used for developing and operating the site.

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