Business
LGMH Network - Q3 - 2018
LGMH Network - Q3 - 2018.
About this update from Veri Medtech Holdings Inc.
[{"type":"text","content":"October 29, 2018 - Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today Q3-2018 summary, as flows: * Revenues were $1,232 as of September 30, 2018 versus $1,228 for the quarterly-period ending June 30, 2018. * Cost of sales were $122 as of September 30, 2018 versus $135 for the quarterly-period ending June 30, 2018. * Selling, general and administrative expenses were $9,631 as of September 30, 2018 versus $8,914 for the quarterly-period ending June 30, 2018.Key Milestones in Q2-20181. Released 8 New Digital Albums worldwide available on all major outlets such as: Spotify, iTunes, Tidal and more (via TheOrchard.com).2. Launched Power 105.5 FM, in addition to AM 1430 (listen live at: www.1055TheKing.com), serving the Top 10 Nielsen-rated Metro Atlanta media market.3. Received Agreement for company's video channel known as \"INN\" (Inspirational News Network) to join a major cable system (more information to be further announced at a later date), with a SE Region roll-out followed by Central US, then nationwide. To view sample content for initial launch (sample videos presented to secure Agreement), visit: www.InspirationalNewsNetwork.com.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 (150 digital platforms and 31 Apps). Light Media has also been recognized as the 20th publicly-traded radio/media conglomerate on the RBR-TVBR Media Index. 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 w...