Business
LGMH Network - Q1 - 2019
LGMH Network - Q1 - 2019.
About this update from Veri Medtech Holdings Inc.
[{"type":"text","content":"Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today Q1-2019 summary, as flows:Light Media revenues were $5,101 as of March 31, 2019 versus $2,304 for the Annual-period ended December 31, 2018.Light Media cost of sales were $918 as of March 31, 2019 versus $507 for the Annual-period ended December 31, 2018.Light Media selling, general and administrative expenses were $13,859 as of March 31, 2019 versus $8,244 Annual-period ended December 31, 2018.Key Milestones in Q1-20191. Entered into confidential strategic alliance with prominent media entity, which should positively impact earnings beginning in Q3/Q4 and beyond.2. Repositioned Radio platform as: \"Your True Leader - The King\". To (listen live (outside of the listening area) at: www.105TheKing.com) or via tunein online at: https://tunein.com/radio/1055-FM-The-King-s296667/ serving the Top 10 Nielsen-rated Metro Atlanta media market.3. Launched cable channel \"INN\" (Inspirational News Network) on Comcast Xfinity 1 (Big South Region - phase 1).About Light Media: Light Media (OTC Markets: LGMH), Inspirational Media Specialist, markets, produces and distributes inspirational music, video, video games, print media and entertainment in the 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 900 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. Prospecti...