Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today the reaffirmation of its stock repurchase program. To date, Light Media has repurchased, via open market transactions, 269,400 common shares through January 26, 2015 at an average repurchase price of $0.0098/share, leaving an available stock repurchase amount of 1,980,600 shares via previously-announced Stock Repurchase Program. Light Media was granted DTC Eligibility on February 26, 2014, and currently has 7,274,977 common shares deposited into DTC 9Float: 9,779,600); and Total shares outstanding of: 44,313,500.
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.LGMH.net; www.LightMediaHoldings.com; www.InvaluableMedia.com or www.HotChristianStocks.com; www.LightMediaNetwork.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.