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LGMH Network - Q3 - 2019
Published Nov 1 2019
3 min read

LGMH Network - Q3 - 2019

Light Media (OTC Markets: LGMH), Urban and Inspirational Media Specialist, announced today Q3-2019 summary, as follows:

Light Media revenues were $2,721 as of September 30 2019 versus $1,156 for the quarterly-period ended June 30, 2019.

Light Media cost of sales were $125 as of September 30, 2019 versus $58 for the quarterly-period ended June 30, 2019.

Light Media selling, general and administrative expenses were $23,191 as of September 30, 2019 versus $18,794 quarterly-period ended June 30, 2019.

Key Milestones in Q2-2019

  1. Aggregate Stock Repurchases now total: 416,759 shares.


  2. New studio relocation completed (downtown Atlanta, GA). Company now in-process of implementing new technologies to facilitate seamless broadcasting and sales capabilities, with more news anticipated to come. To listent to LGMH radio station (serving Top 10 Metro Atlanta market), 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 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. 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.