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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001144204-10-012414.txt : 20100310
<SEC-HEADER>0001144204-10-012414.hdr.sgml : 20100310
<ACCEPTANCE-DATETIME>20100310125000
ACCESSION NUMBER:		0001144204-10-012414
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100310
ITEM INFORMATION:		Cost Associated with Exit or Disposal Activities
FILED AS OF DATE:		20100310
DATE AS OF CHANGE:		20100310

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LIVEDEAL INC
		CENTRAL INDEX KEY:			0001045742
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
		IRS NUMBER:				850206668
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33937
		FILM NUMBER:		10669703

	BUSINESS ADDRESS:	
		STREET 1:		4840 E JASMINE ST
		STREET 2:		STE 110
		CITY:			MESA
		STATE:			AZ
		ZIP:			85020
		BUSINESS PHONE:		4806549646

	MAIL ADDRESS:	
		STREET 1:		4840 EAST JASMINE STREET
		STREET 2:		SUITE 105
		CITY:			MESA
		STATE:			AZ
		ZIP:			85020

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	YP CORP
		DATE OF NAME CHANGE:	20040504

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	YP NET INC
		DATE OF NAME CHANGE:	19991112

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RIGL CORP
		DATE OF NAME CHANGE:	19980707
</SEC-HEADER>
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<TYPE>8-K
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appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (<font style="DISPLAY: inline; FONT-STYLE: italic">see</font> General
Instruction A.2. below):</font></div>
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                <div align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000">Costs Associated with Exit or
      Disposal Activities</font><font style="DISPLAY: inline; COLOR: #000000">.</font></font></div>
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February 23, 2010, the Board of Directors of LiveDeal, Inc. (the &#8220;Company&#8221;)
approved a reduction in force that resulted in the termination of approximately
20% of the Company&#8217;s workforce effective March 4, 2010.&#160;&#160;The reduction
in force was related to the Company&#8217;s ongoing restructuring and cost reduction
efforts as the Board of Directors explores a variety of strategic alternatives,
including the potential sale of the Company or certain of its assets and/or the
acquisition of other entities or businesses.</font></div>
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Company anticipates incurring charges of $45,000 in connection with the
reduction in force, of which $45,000 will be incurred for employee termination
benefits. &#160;These charges will be expensed in the second quarter of fiscal
2010 ending March 31, 2010.</font></div>
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to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.</font></div>
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      INC.</font></div>
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      </font></td>
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      </font></td>
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      Lawrence W. Tomsic</font></div>
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              <td align="left" valign="top" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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      W. Tomsic</font></div>
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              <td align="left" valign="middle" width="20%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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              <td align="left" valign="top" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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