UNITED
STATES
|
LIVEDEAL
INC.
|
Common
Stock, $0.001 par value per share
|
538144304
|
Joseph
R. Huber
10940
Wilshire Blvd., Suite 925
Los
Angeles, California 90024
310-207-8400
|
October 22,
2010
|
1
|
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
Joseph
R. Huber
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(b) o
|
||
3
|
SEC
USE ONLY
|
||
4
|
SOURCE
OF FUNDS (See Instructions)
PF
|
||
5
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) o
|
||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
United
States
|
||
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
170,710
|
|
8
|
SHARED
VOTING POWER
0
|
||
9
|
SOLE
DISPOSITIVE POWER
170,710
|
||
10
|
SHARED
DISPOSITIVE POWER
0
|
||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
170,710
|
||
12
|
CHECK
IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES o
(See
Instructions)
|
||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 11
28.20%
|
||
14
|
TYPE
OF REPORTING PERSON (See Instructions)
IN
|
1
|
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
JRH
Investments, LLC
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)
o
(b) o
|
||
3
|
SEC
USE ONLY
|
||
4
|
SOURCE
OF FUNDS (See Instructions)
WC
|
||
5
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) o
|
||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
|
||
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
169,442
|
|
8
|
SHARED
VOTING POWER
0
|
||
9
|
SOLE
DISPOSITIVE POWER
169,442
|
||
10
|
SHARED
DISPOSITIVE POWER
0
|
||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
169,442
|
||
12
|
CHECK
IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES o
(See
Instructions)
|
||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 11
27.99%
|
||
14
|
TYPE
OF REPORTING PERSON (See Instructions)
OO
|
ITEM 1.
|
SECURITY AND
ISSUER.
|
ITEM 2.
|
IDENTITY AND
BACKGROUND.
|
|
a.
|
This statement is filed
by:
|
|
(i)
|
Joseph R. Huber, with respect to
the shares of Common Stock beneficially owned directly and indirectly by him and
by JRH Investments, LLC, a Delaware limited liability company (“JRH Investments”) that
is 100% owned and managed by
Mr. Huber;
and
|
|
(ii)
|
JRH Investments with respect to the shares of
Common Stock directly owned by it.
|
|
b.
|
The Reporting Persons’ business
address is 10940 Wilshire Blvd., Suite 925, Los Angeles, California
90024.
|
|
c.
|
The principal occupation of Mr.
Huber is his employment as Managing Member, Chief Executive Officer and
Chief Investment Officer of Huber Capital Management, LLC
(“HCM”). The address of HCM’s executive offices is 10940
Wilshire Blvd., Suite 925, Los Angeles, California 90024. The
principal business of JRH Investments is serving as a private investment
limited liability company.
|
|
d.
|
During
the last five years,
the Reporting Persons have not been convicted in any criminal proceeding
(excluding traffic violations or similar
misdemeanors).
|
|
e.
|
During
the last five years,
the Reporting Persons were not a party to a civil proceeding of a judicial
or administrative body of competent jurisdiction making the Reporting
Persons subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal
or state securities laws or finding any violation with respect to such
laws.
|
|
f.
|
Mr.
Huber is a citizen of the United
States.
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ITEM 3.
|
SOURCE AND AMOUNT OF
FUNDS OR OTHER
CONSIDERATION.
|
ITEM 4.
|
PURPOSE OF
TRANSACTION.
|
|
a.
|
Mr.
Huber beneficially owns 170,710 shares of Common Stock, which represents
28.20% of the outstanding Common Stock of the Company. Of the
170,710 shares of Common
Stock, 169,442 shares are directly owned by JRH Investments, which is 100% owned and managed by Mr.
Huber, 801 shares are beneficially owned by Mr. Huber through his
IRA, and 467 shares are beneficially owned by Mr. Huber as the custodian
of a custodial account for the benefit of his
child.
|
|
b.
|
Mr.
Huber has sole power to vote and dispose of 170,710 shares of Common
Stock.
|
|
c.
|
The
separately managed account and investment company for which HCM serves as
investment advisor sold the following shares of Common Stock since March
22, 2010:
|
Shares/Units
|
||
Transaction
Date
|
Purchased
(Sold)
|
Price per
Share/Unit
|
10/22/2010
|
32,461
|
$10.6188
average price
|
10/25/2010
|
1
|
$ 9.23
|
|
d.
|
Please
see (a) above.
|
|
e.
|
Not
applicable.
|
|
a.
|
JRH
Investments beneficially owns 169,442 shares of Common Stock, which
represents 27.99% of the outstanding Common Stock of the
Company. JRH Investments is 100% owned and managed by Mr.
Huber.
|
|
b.
|
JRH
Investments has sole power to vote and dispose of 169,442 shares of Common
Stock.
|
|
c.
|
JRH
Investments has not effected any sales of Common Stock since March 22,
2010.
|
|
d.
|
Please
see (a) above.
|
|
e.
|
Not
applicable.
|
ITEM 6.
|
CONTRACTS,
ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES
OF THE ISSUER.
|
ITEM 7.
|
MATERIAL TO BE FILED
AS EXHIBITS.
|
|
None.
|
/s/ Joseph R. Huber | |||
Joseph
R. Huber
|
|||
JRH
INVESTMENTS, LLC
|
|||
|
By:
|
/s/ Joseph R. Huber | |
Joseph R. Huber | |||
Managing Member |