8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  December 16, 2009

LIVE CURRENT MEDIA INC.

(Exact name of Registrant as specified in charter)

Nevada (State or other jurisdiction of incorporation) 000-29929 (Commission File Number) 88-0346310 (IRS Employer Identification Number)

375 Water Street, Suite 645

Vancouver, British Columbia V6B 5C6

(Address of principal executive offices)

Registrant’s telephone number, including area code: (604) 453-4870

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction A.2 below).

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13(e)-4(c))

Item 4.01.Changes in Registrant’s Certifying Accountant

(a) Previous independent registered public accounting firm

On December 16, 2009, Ernst & Young LLP (“E&Y”) was dismissed as the independent registered public accounting firm for Live Current Media Inc. (the “Company”).  This action was approved by the Audit Committee of the Board of Directors of the Company.

The reports of E&Y on the Company's consolidated financial statements for the fiscal years ended December 31, 2008 and December 31, 2007 did not contain any adverse opinion or a disclaimer of opinion, however the report issued on the financial statements for the year ended December 31, 2008 was modified as to our ability to continue as a going concern.

During the Company's fiscal years ended December 31, 2008 and December 31, 2007 and through December 16, 2009, there were no disagreements with E&Y on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of E&Y, would have caused it to make reference thereto in its reports on the Company's financial statements for such fiscal years.

During the Company’s fiscal years ended December 2008 and 2007 and through the most recent interim period, there was a “reportable event” as described in Item 304(a)(1)(v) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).  As disclosed in our 2008 Form 10-K, as amended, our control environment did not sufficiently promote effective internal control over financial reporting throughout the organization.

On June 18, 2009 the Company was advised by E&Y that the audit opinion dated March 24, 2009 on the Company’s December 31, 2008 and 2007 consolidated financial statements could no longer be relied upon.  There were no disagreements on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure with E&Y relating to this event.

The Company provided E&Y with a copy of this Current Report on Form 8-K prior to its filing with the Commission and requested that E&Y furnish a letter addressed to the Securities and Exchange Commission stating whether E&Y agrees with the statements made by the Company in response to this item 4.01 and set forth above (the “Letter”). A copy of the Letter, dated December 22, 2009, from E&Y to the Commission is attached as Exhibit 16.1 to this Current Report on Form 8-K.

(b) New independent registered public accounting firm

On December 18, 2009, Davidson & Company LLP (“Davidson”) was engaged as the independent registered public accounting firm for the Company.  The engagement of Davidson was approved by the Audit Committee of the Board of Directors of the Company.  During the Company’s fiscal years ended December 31, 2008 and December 31, 2007 and through December 18, 2009, the Company did not consult with Davidson regarding any of the matters or events set forth in Item 304(a)(2)(i) or Item 304(a)(2)(ii) of Regulation S-K.

On December 22, 2009, the Company issued a press release to announce the change of our certifying accountants. A copy of the press release is attached as Exhibit 99 to this report. 

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Item 9.01.Financial Statements and Exhibits

Exhibits

Exhibit 16.1	Letter re: Change in Certifying Accountant
Exhibit 99	Press Release

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

LIVE CURRENT MEDIA INC.

By:	/s/ C. Geoffrey Hampson
	C. Geoffrey Hampson
	Chief Executive Officer
	Dated: December 22, 2009

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EX-16.1

EXHIBIT 16.1

	Ernst & Young LLP Pacific Centre 700 W. Georgia St., P.O. Box 10101 Vancouver, BC V7Y 1C7
	Tel: (604) 8910-8200 Fax: (604) 643-5422 www.ey.com

December 22, 2009

Securities and Exchange Commission

100 F Street, N.E.

Washington, DC 20549

Ladies and Gentlemen:

We have read Item 4.01 of Form 8-K dated December 16, 2009, of Live Current Media, Inc. and are in agreement with the statements contained in the paragraphs two through six on page two therein. We have no basis to agree or disagree with other statements of the registrant contained therein.

Regarding the registrant’s statement concerning the lack of internal control to prepare the consolidated financial statements, included in paragraph four on page two therein, we had considered such matter in determining the nature, timing, and extent of procedures performed in our audit of the registrant’s 2008 amended and restated consolidated financial statements.

EX-99

EXHIBIT 99

Live Current Media Announces Change in Independent Auditors

VANCOUVER, BC – December 22, 2009 – Live Current Media Inc. (OTCBB:LIVC), a media company built around content and commerce destinations, today announced that effective December 18, 2009, the Audit Committee of its Board of Directors appointed Davidson & Company LLP ("Davidson") as the Company's new independent auditors, replacing the firm of Ernst & Young LLP (“Ernst & Young”).  The decision to change auditors was not the result of any disagreement between the Company and Ernst & Young on any matter of accounting principals or practices, financial statement disclosure, or auditing scope or procedure.

About Live Current Media Inc.

Live Current builds, owns and operates some of the most powerful and engaging content and commerce destinations on the Internet, such as www.perfume.com. Through subject-specific DestinationHubs™, Live Current properties connect people to each other and to the information, brands, and products they are passionate about. Live Current has headquarters in Vancouver, Canada with a location in Seattle, WA and is publicly traded on the OTCBB (LIVC). For more information, visit www.livecurrent.com.

All statements in this press release that are not statements of historical fact are forward-looking statements, including any projections of growth, earnings, revenue, cash or other financial items, any statements of the plans, strategies, objectives and goals of management for future operations, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing.  These statements are based on expectations and assumptions as of the date of this press release and are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements.  These risks and uncertainties include, but are not limited to, general economic conditions particularly as they relate to demand for our products and services; competitive factors; pricing pressures; changes in operating expenses; our ability to raise capital as and when we need it and other factors.  Live Current Media Inc. assumes no obligation to update these forward-looking statements to reflect future events or actual outcomes and does not intend to do so.

Contact:

Live Current

Andrea Laird

Investor Relations Contact

604-453-4870 or 1-866-898-4354

andrea@livecurrent.com