Business
Light Media Reports Q2-2014 Results
Light Media Reports Q2-2014 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 \nATLANTA, GA--(Global News Update – August\n4, 2014) - Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today its results for the quarterly-period\nending June 30, 2014, as follows:\n\n* Revenues were $14,119 as of June\n30, 2014.\n\n \n\n* Cost of sales were $2,387 as\nof June 30, 2014.\n\n \n\n* Selling, general and\nadministrative expenses were $14,850 as of June 30, 2014.\n\n \n\nKey LGMH Q2\n2014 Accomplishments:\n\n1. \nRepurchased 12,500 common shares in open market transactions, at an\naverage price of $0.01/share, resulting in 269,400 common shares purchased\nthrough June 30, 2014, leaving an available stock repurchase amount of 1,980,600\nshares via previously-announced Stock Repurchase Program.\n\n2. Apps Downloads Break 50,000\nsubscribers’ milestone.\n\n3. Launched Talent Agency/Booking\nService (GTA).\n\n4. \nGranted DTC Eligibility on February 26, 2014, with 7,274,977 common\nshares deposited into DTC as of August 4, 2014.\n\nAbout Light Media: Light Media (OTC Markets: LGMH), Inspirational Media\nSpecialist, markets, produces and distributes inspirational music, video, video\ngames, print media and entertainment in the Inspirational Media space through\nits network of radio, Internet, television, print and special events global\nbusiness platforms and marketing and alliance partners. Light Media is\nalso the 20th publicly-traded radio/media conglomerate (member) of the\nprestigious RBR-TVBR Stocks\nIndex (see full RBR-TVBR Media Index listing at: www.RBR.com. For\nmore information, please visit: www.LightMediaHoldings.com;\nwww.InvaluableMedia.com or www.HotChristianStocks.com. \n\nCautionary Note Regarding\nForward-Looking Statements: \nThis press release contains statements, which may constitute\n\"forward-looking statements\" within the meaning of the Securities Act\nof 1933 and the Securities Exchange Act of 1934, as amended by the Private\nSecurities Litigation Reform Act of 1995. Those statements include\nstatements regarding the intent, belief or current expectations of Light Media\n(OTC: “LGMH”) and members of it...