LOK looksmart limited

not long now, for lok to move!!, page-3

  1. 2,032 Posts.
    Hi Georgeaux ...

    < ...taking it down to the wire as far as the DAQ listing goes.. >

    No. It is no longer a concern, in reality. Looksmart have advised that: (page 5 Preliminary Proxy Statement)

    " If we cannot demonstrate compliance with the minimum bid price rule by October 12, 2005, the Nasdaq staff will provide written notification that our common stock will be delisted, and at that time we may appeal the staff's determination to a Listing Qualifications Panel".

    LOOK will appeal immediately !! - A formality!!!!

    They remain Listed while an appeal is being heard. They will simply advise the Nasdaq of the "reverse stock split" and the $61M they have in the Bank!! - Let alone info on the THREE Tier One Portals they have "deals" with!!

    Things are really looking great!! - Lookinsmart2002 just posted this on Yahoo.

    ______________________

    LOOK's impressive traffic levels ...
    by: lookinsmart2002 10/05/05 12:38 am
    Msg: 151438 of 151438

    According to a leading Internet Competitor Intelligence reporting service, Looksmart, Wisenut, FindArticles and it's first vertical cluster are now receiving over 1/3 of the traffic that Askj Jeeves gets.

    Unique visits in last 30 days for:
    looksmart.com 1,149,000
    wisenut.com 420,500
    furl.net 856,400
    findarticles.com 3,192,500
    looksmartmom.com 25,600
    looksmartusa.com 25,900
    looksmartparents.com 12,400
    looksmartcollege.com 37,000
    looksmarthighschool.com 16,600
    looksmarthowto.com 18,600
    looksmarttrends.com 17,200
    looksmartjrhigh.com 8,000
    looksmartscience.com 4,800
    zinkle.com/ 37,600

    Total: 5822100

    Unique visits in last 30 days for:

    Ask.com 14,286,000

    ASKJ sold for 1.85 Billion.

    It's just a matter of monetising the traffic.

    And, don't forget Looksmart have around 400 new web properties waiting in the wings tapping into entirely different demographics...

    ________________________


    LOK are very cheap at these prices, IMHO.

    Cheers for your thoughts!!

    :)
    LC
 
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