Sec Form 13G Filing - ENDURANCE PARTNERS QP LP filing for LIVE VENTURES INC (LIVE) - 2008-11-10

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

LiveDeal, Inc.
(Name of Issuer)
Common Stock, Par Value $0.001
(Title of Class of Securities)
538144106
(CUSIP Number)
October 21, 2008
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     [  ]  Rule 13d-1(b)

     [X]   Rule 13d-1(c)

     [  ]   Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 
 

 
                     
CUSIP No.
 
538144106

           
1   NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF REPORTING PERSONS (ENTITIES ONLY):
   
 

Ewing & Partners
Timothy G. Ewing
Ewing Asset Management, LLC
Endurance General Partners, L.P.
Endurance Partners (Q.P.), L.P.

 
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)    [   ]
  (b)    [   ]
   
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
 

Ewing & Partners - Texas
Timothy G. Ewing - U.S. Citizen
Ewing Asset Management, LLC - Texas
Endurance General Partners, L.P. - Texas
Endurance Partners (Q.P.), L.P. - Texas

   
       
NUMBER OF
SHARES
BENEFICIALLY

OWNED BY

EACH

REPORTING
PERSON
WITH:
5   SOLE VOTING POWER:
   
 

Ewing & Partners - 0
Timothy G. Ewing - 0
Ewing Asset Management, LLC - 0
Endurance General Partners, L.P. - 0
Endurance Partners (Q.P.), L.P. - 0


   
     
6   SHARED VOTING POWER:
   
  0
   
     
7   SOLE DISPOSITIVE POWER:
   
 

Ewing & Partners - 0
Timothy G. Ewing - 0
Ewing Asset Management, LLC - 0
Endurance General Partners, L.P. - 0
Endurance Partners (Q.P.), L.P. - 0



   
     
8   SHARED DISPOSITIVE POWER:
   
  0
   
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  Ewing & Partners - 0
Timothy G. Ewing - 0
Ewing Asset Management, LLC - 0
Endurance General Partners, L.P. - 0
Endurance Partners (Q.P.), L.P. - 0

   
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIO NS):
   
   [   ]
   
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
 

Ewing & Partners - 0%
Timothy G. Ewing - 0%
Ewing Asset Management, LLC - 0%
Endurance General Partners, L.P. - 0%
Endurance Partners (Q.P.), L.P. - 0%

 

   
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
 

Ewing & Partners - PN
Timothy G. Ewing - IN
Ewing Asset Management, LLC - OO (Limited Liability Company)
Endurance General Partners, L.P. - PN
Endurance Partners (Q.P.), L.P. - PN

SCHEDULE 13G
     
Item 1(a)
Name of Issuer.
 
   
 
LiveDeal, Inc.
 
   
Item 1(b)
Address of Issuer’s Principal Executive Offices.
 
   
 
2490 East Sunset Road, Suite 100
Las Vegas, Nevada 89120
 
   
Item 2(a)
Name of Person Filing.
 
   
 

Ewing & Partners
Timothy G. Ewing
Ewing Asset Management, LLC
Endurance General Partners, L.P.
Endurance Partners (Q.P.), L.P.

This statement relates to the shares of the Issuer owned by Endurance Partners (Q.P.), L.P. and Endurance Partners, L.P., both investment partnerships managed by Ewing & Partners and having Endurance General Partners, L.P. as their General Partner.

 
   
Item 2(b)
Address of Principal Business Office or, if none, Residence.
 
   
 
4514 Cole Avenue
Suite 740
Dallas, TX 75205
 
   
Item 2(c)
Citizenship.
 
   
 
Timothy G. Ewing is a U.S. Citizen.
The reporting entities are organized under Texas law.
 
 
   
Item 2(d)
Title of Class of Securities.
 
   
 
Common Stock, Par Value $0.001
 
   
Item 2(e)
CUSIP Number.
 
   
 
538144106
     
Item 3   This statement is not filed pursuant to Rules 13d-1(b), 13d-2(b) or 13d-2(c).
 
 

Ewing & Partners - 0
Timothy G. Ewing - 0
Ewing Asset Management, LLC - 0
Endurance General Partners, L.P. - 0
Endurance Partners (Q.P.), L.P - 0

 
 
     
Item 4   Ownership.
 
     
 
  (a) Amount beneficially owned:
Ewing & Partners - 0
Timothy G. Ewing - 0
Ewing Asset Management, LLC - 0
Endurance General Partners, L.P. - 0
Endurance Partners (Q.P.), L.P - 0



 
 
  (b)

Percent of Class:
Ewing & Partners - 0%
Timothy G. Ewing - 0%
Ewing Asset Management, LLC - 0%
Endurance General Partners, L.P. - 0%
Endurance Partners (Q.P.), L.P - 0%



 
 
  (c) Number of Shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Ewing & Partners - 0
Timothy G. Ewing - 0
Ewing Asset Management, LLC - 0
Endurance General Partners, L.P. - 0
Endurance Partners (Q.P.), L.P - 0



(ii) Shared power to vote or to direct the vote: 0


(iii) Sole power to dispose or to direct the disposition of:
Ewing & Partners - 0
Timothy G. Ewing - 0
Ewing Asset Management, LLC - 0
Endurance General Partners, L.P. - 0
Endurance Partners (Q.P.), L.P - 0



(iv) Shared power to dispose or to direct the disposition of: 0
 
Item 5   Ownership of Five Percent or Less of a Class.
 
    This statement is being filed to report the fact that as of the date hereof, the reporting persons have ceased to be the beneficial owner of more than five percent of the class of securities.
 
Item 6   Ownership of More Than Five Percent on Behalf of Another Person.
 
    Not applicable.
 
Item 7   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported On By the Parent Holding Company or Control Person.
 
    Not applicable.
 
Item 8   Identification and Classification of Members of the Group.
 
    Not applicable.
 
Item 9   Notice of Dissolution of Group.
 
    Not applicable.
 
Item 10   Certification.
 
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


 
SIGNATURE
     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
     
             
    EWING & PARTNERS
    Date: November 10, 2008
 
           
    By:   Timothy G. Ewing, Managing Partner
 
           
        By:   /s/ Beth N. Lowson
 
           
            Name: Beth N. Lowson
            Title: Attorney-In-Fact
            The Nelson Law Firm, LLC
            White Plains Plaza
            One North Broadway
            White Plains, NY 10601
             
    TIMOTHY G. EWING
    Date: November 10, 2008
 
           
 
           
        By:   /s/ Beth N. Lowson
 
           
            Name: Beth N. Lowson
            Title: Attorney-In-Fact
            The Nelson Law Firm, LLC
            White Plains Plaza
            One North Broadway
            White Plains, NY 10601
         
    EWING ASSET MANAGEMENT, LLC
    Date: November 10, 2008
 
           
    By:   Timothy G. Ewing, Member
 
           
 
      By:   /s/ Beth N. Lowson
 
           
            Name: Beth N. Lowson
            Title: Attorney-In-Fact
            The Nelson Law Firm, LLC
            White Plains Plaza
            One North Broadway 
            White Plains, NY 10601
         
    ENDURANCE GENERAL PARTNERS, L.P.
    Date: November 10, 2008
 
           
    By:   Ewing Asset Management, LLC, General Partner
             
 
  By:   Timothy G. Ewing, Member
             
 
      By:   /s/ Beth N. Lowson
 
           
            Name: Beth N. Lowson
            Title: Attorney-In-Fact
            The Nelson Law Firm, LLC
            White Plains Plaza
            One North Broadway 
            White Plains, NY 10601
             
    ENDURANCE PARTNERS (Q.P.), L.P.
    Date: November 10, 2008
             
    By:   Endurance General Partners L.P., General Partner
             
    By:   Ewing Asset Management, LLC, General Partner
             
    By:   Timothy G. Ewing, Member
             
        By:   /s/ Beth N. Lowson
 
           
            Name: Beth N. Lowson
            Title: Attorney-In-Fact
            The Nelson Law Firm, LLC
            White Plains Plaza
            One North Broadway
            White Plains, NY 10601
             


 

POWER OF ATTORNEY
The undersigned does hereby constitute and appoint Stephen J. Nelson, Mary Anne Mayo, Beth N. Lowson, Jerry J. Carannante, and Joseph D. Zargari, each of The Nelson Law Firm, LLC, White Plains Plaza, One North Broadway, White Plains, NY 10601, signing singly, with full power of substitution, as the true and lawful attorney of the undersigned, and authorizes and designates each of them to sign on behalf of the undersigned, and to file filings and any amendments thereto made by or on behalf of the undersigned in respect of the beneficial ownership of equity securities held by the undersigned, directly, indirectly or beneficially, pursuant to Sections 13(d), 13(g) and 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules and regulations thereunder. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming any of the undersigned's responsibilities to comply with Sections 13(d), 13(g) or 16 of the Exchange Act.
This Power of Attorney shall remain in full force and effect until withdrawn by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 4th day of August, 2006.
     
 
By: /s/ Timothy G. Ewing
 
   
    Timothy G. Ewing