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[Frankiy]

hey TDB,

this facebook like site is not the officially one launched by local.com. So I don´t care that much about it.

Local.com ( LOCM ) might wait publishing a PR until the beta testing is done. For sure this stock is way undervalued imo.
The market cap is way below 100M US$ and should be at least @500M US$ cause local.com is not alone the group shopping website.

It is very easy to create a business á la Groupon.

In Germany the Samwer brothers cloned the "Groupon Concept"
and launched the coupon website in Dec 2009 in Germany.
They expanded very fast in 15 European countries and the Samwers sold that Groupon clone, MyCityDeal (later called: CityDeal), to Groupon itself for something in the region of €100 million in May 2010.

Andrew Masons speech in Germany you find here:

Blog news
http://www.groupon.com/blog/cities/groupon-europe/

LOCM is a time bomb and ready to explode!

Just a matter of time the market gonna recognize that...