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LGMH Repurchases 337,950 Shares
Published Oct 19 2016
5 min read

LGMH Repurchases 337,950 Shares

Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today that cumulative stock purchases to date have increased to a total of: 337,950 common shares, at an average stock repurchase price of $.0107 per share, or up to 4.6% of its stock deposited in DTC (7,274,977 common shares).  LGMH continues to make or maintain active bids for common shares, as a part of its previously announced stock buy-back plan (with1,912,050 remaining under such plan).

 

About Light Media Network:  Light Media Network, Inspirational Media Specialist, focuses on providing access to content that inspires, enlightens and uplifts.  With a core platform of focused digital media properties, Light Media Network provides an integrated advertising multimedia solution for marketers seeking to reach the burgeoning 14-34 inspirational and urban community of interest. For more information regarding the Light Media Network and for a digital media advertising solutions quote from the Inspirational Media Specialist, please visit: www.LightMediaNetwork.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.  Light Media is also the 20th publicly-traded radio/media conglomerate (member) of the prestigious RBR-TVBR Stocks Index (see full RBR-TVBR Media Index listing at): www.RBR.com.  For more information, please visit: www.LightMediaNetwork.com; www.LightMediaHoldings.com; 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.