Light Media (OTC Markets: LGMH), Urban and Inspirational Media Specialist, announced today Q1-2020 summary, as follows:
Light Media revenues were $12,059 as of March 31, 2020 versus $1,092 for the annual-period ended December 31, 2019.
Key Milestones in Q1-2020
Aggregate Stock Repurchases now total: 425,759 shares. The company reaffirms its commitment to its stock repurchase plan.
Light Media Network Sales initiatives for the Company's flagship 105.5 FM/AM 1430 The King fully implemented resulting in rapid sales growth (see increase above from Q4 to Q1), and but for Cov-19 sales would have been substantially higher. To view current advertising client logos, visit: www.1055TheKing.com
About Light Media: Light Media (OTC Markets: LGMH), Urban and Inspirational Media Specialist, markets, produces and distributes inspirational music, video, video games, print media and entertainment in the Urban and Inspirational Media space through its network of radio, Internet, television, print and special events global business platforms and marketing and alliance partners, as well as manages a proprietary digital advertising network (100+ digital domains/apps, 2 radio staitons, 1 television network ). Light Media has also been recognized as the 20th publicly-traded radio/media conglomerate on the RBR-TVBR Media Index' and one of the Top 950 multimedia conglomerates in the world by NYU School of Business. For more information, please visit: www.LightMediaNetwork.com; www.LGMH.com; or www.InvaluableMedia.com.
Cautionary Note Regarding Forward-Looking Statements: This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Light Media (OTC: "LGMH") and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.