LiveDeal Inc. Announces Three For One Forward Stock Split

(RTTNews) - LiveDeal Inc. (LIVE), a provider of online marketing and mobile technology solutions, announced that its Board of Directors has approved a three-for-one forward stock split of LiveDeal's common shares.

The company said the stockholders will receive three shares of Common Stock for every one share of Common Stock owned on the record date of February 3, 2014. The additional shares will be distributed as of the close of business on February 11, 2014.

LiveDeal noted that in connection with the forward stock split, the company's authorized shares of Common Stock will also increase from 10,000,000 shares to 30,000,000 shares.