Washington, D.C. 20549

FORM 12b-25




SEC File Number: 001-33937


CUSIP Number: 538144304


(Check one):

o Form 10-K

o Form 20-F

o Form 11-K

x Form 10-Q

o Form 10-D



o Form N-SAR

o Form N-CSR

For Period Ended:

March 31, 2018


o Transition Report on Form 10-K

o Transition Report on Form 20-F

o Transition Report on Form 11-K

o Transition Report on Form 10-Q

o Transition Report on Form N-SAR


For the Transition Period Ended:



Read Instructions (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.


If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:




Live Ventures Incorporated

Full Name of Registrant


LiveDeal, Inc.

Former Name if Applicable


325 E. Warm Springs Road, Suite 102

Address of Principal Executive Office (Street and Number)


Las Vegas, NV 89119

City, State and Zip Code








PART II — RULES 12b-25(b) AND (c)


If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)



The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense



The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and


The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.





State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.


Live Ventures Incorporated (the “Company”) is unable to file, without unreasonable effort and expense, its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2018 (the “Form 10-Q”). The Company requires additional time to finalize its financial statements to be filed as part of the Form 10-Q. The delay is principally due to both the Company and the Company’s independent registered public accounting firm’s continued exchange of information in connection with the review of the Company’s financial statements. The Company currently expects to file the Form 10-Q on or before May 21, 2018, the prescribed due date under the fifth calendar day extension period provided under Rule 12b-25. 





Name and telephone number of person to contact in regard to this notification


Virland Johnson




(Area Code)

(Telephone Number)



Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).


x Yes o No



Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?


x Yes o No


If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.


On May 14, 2018, the Company issued a press release announcing financial results for second fiscal quarter 2018. The Company’s results for this quarter includes those of ApplianceSmart, which was acquired in the first fiscal quarter. The Company reported total assets of $137.3 million and stockholders’ equity of $37.1 million as of the end of the fiscal quarter. In addition, the Company reported revenues of $52.2 million, gross profit of $19.7 million, and basic earnings per share of $0.98.





Live Ventures Incorporated


(Name of Registrant as Specified in Charter)


has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.



May 16, 2018


/s/ Jon Isaac

Jon Isaac

President and Chief Executive Officer


INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.




Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).