Business
Light Media Network - Q2 - 2017
Light Media Network - Q2 - 2017.
About this update from Veri Medtech Holdings Inc.
[{"type":"text","content":"August 14, 2017 - Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today Q2-2017 summary, as follows: * Revenues were $1,059 as of June 30, 2017 versus $606 for the quarterly-period ending March 31, 2017. * Cost of sales were $212 as of June 30, 2017 versus $151 for the quarterly-period ending March 31, 2017 * Selling, general and administrative expenses were $9,083 as of June 30, 2017 versus $11,358 for the quarterly-period ending March 31, 2017.Key Milestones in Q2-2017 1. Entered into Agreement, subject to regulatory approval, to acquire a radio station in Top 10 Market (Atlanta, GA) - press release to be issued, once regulatory approval is attained.2. Released 17 new digital products.3. Completed Relaunch of FaithFundMe.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.LGMH.com; www.LightMediaHoldings.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.","length":2390,"tagName":"div"}]