Business
Light Media Reports Q3 2013 Results
Light Media Reports Q3 2013 Results.
About this update from Veri Medtech Holdings Inc.
[{"type":"text","content":"\n\nv\\:* {behavior:url(#default#VML);}\no\\:* {behavior:url(#default#VML);}\nw\\:* {behavior:url(#default#VML);}\n.shape {behavior:url(#default#VML);}\n\nLight Media (OTC Markets: LGMH),\nInspirational Media Specialist, announced today its results for the quarterly-period\nending September 30, 2013, as follows: \n\n* Revenues were $12,728 as of September\n30, 2013.\n\n\n\n* Cost of sales were $5,887 as\nof September 30, 2013.\n\n\n\n* Selling, general and\nadministrative expenses were $12,116 as of September 30, 2013.\n\n\n\nKey LGMH\nQ3 2013 Accomplishments:\n\n1. \nRepurchased 42,000 common shares in open market transactions, at an\naverage price of $0.009/share, resulting in 198,000 common shares purchased\nthrough September 30, 2013, leaving an available stock repurchase amount of 2,052,000\nshares via previously-announced Stock Repurchase Program.\n\n2. \nContinued Transformation to Digital Media Platforms (iPhone/iPad and\nAndroid devices), Products, Technology and Distribution (13 Apps Developed and\nReleased). \n\n3. \nTesting 2 additional key Digital Media App Distribution Platforms in Q4.\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\nmore information, please visit: www.LightMediaHoldings.com; www.InvaluableMedia.com\nor www.HotChristianStocks.com;\nwww.LGMH.com. \n\n\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 Securities\nLitigation Reform Act of 1995. Those statements include statements\nregarding the intent, belief or current expectations of Light Media (OTC\nMarkets: LGMH) and members of its management as well as the a...