Sec Form 4 Filing - Ehrlich Jonathan @ Live Current Media, Inc. - 2008-11-19

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Ehrlich Jonathan 2. Issuer Name and Ticker or Trading Symbol Live Current Media, Inc. [ livc] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) President & COO (Last) (First) (Middle) 375 WATER STREET, SUITE 645 3. Date of Earliest Transaction (MM/DD/YY) 11/19/2008 (Street) VANCOUVER, A1V6B 5C6 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock ( 1 ) 11/19/2008 P 38,461 A $ 0.65 268,161 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares warrant to purchase common stock ( 2 ) $ 0.78 11/19/2008 P 38,461 11/19/2008 11/19/2010 common stock 19,230 ( 3 ) $ 0 ( 2 ) 1,538,461 ( 4 ) D warrant to purchase common stock ( 2 ) $ 0.91 11/19/2008 P 38,461 11/19/2008 11/19/2011 common stock 19,230 ( 3 ) $ 0 ( 2 ) 1,576,922 ( 4 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Ehrlich Jonathan 375 WATER STREET, SUITE 645 VANCOUVER, A1V6B 5C6 President & COO Signatures Jonathan Ehrlich 11/20/2008 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Securities were acquired by Reporting Person in a private placement financing with the Issuer, which financing was comprised of a unit offering which unit included common stock and warrants as disclosed on this Form 4. ( 2 )Derivative securities were acquired by Reporting Person in a private placement financing with the Issuer, which financing was comprised of a unit offering which unit included common stock and warrants as disclosed on this Form 4. ( 3 )Each warrant provides for the purchase of 1/2 share of common stock ( 4 )Includes vested options to purchase 500,000 shares of common stock at an exercise price of $2.04 and unvested options to purchase 1,000,000 shares of common stock at an exercise price of $2.04. All of the foregoing options will expire on October 1, 2012. The exercise price was previously reported as $2.43, which was incorrect.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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