Business
Light Media Network Sales Rise 30%
Light Media Network Sales Rise 30%.
About this update from Veri Medtech Holdings Inc.
[{"type":"text","content":"Atlanta/New York – August 11, 2020 - Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announces reports Q2-2020 Network, including Milestones/Objectives, as follows:Key LGMH Q2-2020 Milestones/Objectives:Light Media revenues were up 30% from Q1 to Q2. The Company anticipates rapid sales growth, as Cov-19 recovery begins and renewed optimism ensues, as its network is strategically well-positioned in the markets that it serves and the Company has a strategic advantages in being able to meet or beat any competitor advertising rates, enabling it to maintain and take mindshare. Recurring customers helped to bolster sales growth. The Company anticipates a boost in political ad revenue too, as election season draws near.Aggregate Stock Repurchases now total: 425,759 shares. The Company is currently reviewing/negotiating transformative strategic alternatives, including but not limited to strategic alliances, mergers/acquisitions, as Cov-19, although negatively impacting certain areas of the economy, is simultaneously creating unique/once-in-a-lifetime opportunities for growth.Company expanded its Top 10 Market footprint with 102.1 FM The King, now giving the Company 105.5 FM/AM 1430 The King and 102.1 The King, serving metro Atlanta 24/7 (5.5 million pop. count). For more information, visit:www.1055TheKing.com --- www.1021TheKing.comCompany entered into two advertising representation agreements for local/regional/national advertising sales, and is in negotiations now to retain a leading metro Atlanta advertising sales strategic partnership.Company pledges to be Debt-Free by or before December 31. 2020. Debt is constraining. Once debt-free, the Company will use its cash wisely to focus on expanding Sales initiatives in order to drive long-term growth,.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 stations, 1 television network ). Light Media has also been recognized as the 20th publicly-trad...