Annual report pursuant to Section 13 and 15(d)

2. Summary of Significant Accounting Policies (Details - List of subsidiaries)

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2. Summary of Significant Accounting Policies (Details - List of subsidiaries)
Sep. 30, 2015
Live Ventures, Inc.  
Percentage owned in subsidiary 100.00%
Telco Billing, Inc.  
Percentage owned in subsidiary 100.00%
Telco of Canada, Inc.  
Percentage owned in subsidiary 100.00%
LiveDeal, Inc. - Santa Clara  
Percentage owned in subsidiary 100.00%
Local Marketing Experts, Inc.  
Percentage owned in subsidiary 100.00%
Velocity Marketing Concepts, Inc.  
Percentage owned in subsidiary 100.00%
247 Marketing, Inc.  
Percentage owned in subsidiary 100.00%
Velocity Local, Inc.  
Percentage owned in subsidiary 100.00%
Modern Everyday, Inc.  
Percentage owned in subsidiary 100.00%
Modern Everyday, LLC  
Percentage owned in subsidiary 100.00%
Super Nova, LLC  
Percentage owned in subsidiary 100.00%
Live Goods, LLC  
Percentage owned in subsidiary 80.00%
DealTicker, Inc.  
Percentage owned in subsidiary 100.00%
Marquis Affiliated Holdings, LLC  
Percentage owned in subsidiary 100.00%
Marquis Industries, Inc.  
Percentage owned in subsidiary 100.00%
A-O Industries, LLC  
Percentage owned in subsidiary 100.00%
Astro Carpet Mills, LLC  
Percentage owned in subsidiary 100.00%
Constellation Industries, LLC  
Percentage owned in subsidiary 100.00%
S F Commercial Properties, LLC  
Percentage owned in subsidiary 100.00%