Business
Light Media Reports Q2 2013 Results
Light Media Reports Q2 2013 Results.
About this update from Veri Medtech Holdings Inc.
[{"type":"text","content":"\n \n Normal\n 0\n \n \n \n \n false\n false\n false\n \n EN-US\n X-NONE\n X-NONE\n \n \n \n \n \n \n \n \n \n \n \n \n \n MicrosoftInternetExplorer4\n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nLight Media Reports Q2 2013 Results\n\n \n\nATLANTA, GA--(Global News Update ? July\n25, 2013) - Light Media (OTC Markets: LGMH),\nInspirational Media Specialist, announced today its results for the quarterly-period\nending June 30, 2013, as follows: - Revenues were $6,880 as of June\n30, 2013.\n\n - Cost of sales were $875 as\nof June 30, 2013.\n\n- Selling, general and\nadministrative expenses were $7,460 as of June 30,\n2013. - Open Market Stock Repurchases were 107,000 common shares at an\naverage price of $0.010 per share as of June 30, 2013 (representing an\napproximately 400% increase in stock repurchases versus fiscal quarterly-end\nperiod March 31, 2013 when 28,000 shares were repurchased also, at an\naverage price of $0.010 per share). \n\n\n\nKey LGMH (Q2 2013) Accomplishments and Activities:\n\n1. \nReleased Six (6) Digital Media Apps to Version 1.1 in iTunes and Android\n(over 17,000 downloads to date).\n\n2. \nRepurchased 107,000 common shares in open market transactions, at an\naverage price of $0.010/share, leaving an available stock repurchase amount of\n2,104,000 shares, via previously-announced Stock Repurchase Program.\n\n3. \nInitiated research on viable/strategic fit media partner/merger/acquisition\ncandidates.\n\n4. Internet Portfolio: 87 Top-Level Domain\nNames Owned.\n\nAbout Light Media: Light Media (OTC Markets: LGMH), Inspirational Media Specialist, markets, produces\nand distributes inspirational music, video, video games, print media and\nentertainment in the Inspirational Media space through its network of radio,\nInternet, television, print and special events global business platforms and\nmarketing and alliance partners. Light Media is also the 20th\npublicly-traded radio/media conglomerate (member) of the prestigious RBR-TVBR Stocks Index (see full \nRBR-TVBR Media Index listing at: www.RBR.com. For more information, please visit: www.LightMediaHoldings.com;\nwww.InvaluableMedia.com;\nwww.HotChristianStocks.com;\nwww.LGMH.com. \n\n \n\nCautionary Note Regarding\nForward-Looking Statements: This\npress release contai...