November 10, 2017 - Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today Q3-2017 summary, as follows:
* Revenues were $800 as of September 30, 2017 versus $1,059 for the quarterly-period ending June 30, 2017 7.
* Cost of sales were $200 as of September 30, 2017 versus $212 for the quarterly-period ending June 30, 2017
* Selling, general and administrative expenses were $6,833 as of September 30, 2017 versus $ 9,083 for the quarterly-period ending June 30, 2017.
Key Milestones in Q3-2017
1. Acquired AM 1430 The King Radio Station Serving Metro Atlanta, GA (to listen live, please visit: www.1430TheKing.com).
2. Repurchased 389,259 common shares to date, via open market transactions, at an average repurchase price of: $0.01089/share.
3. Released Five (5) New Digital Albums via TheOrchard.com.
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 (150 digital platforms and 31 Apps). Light Media has also been recognized as the 20th publicly-traded radio/media conglomerate on the RBR-TVBR Media Index. For more information, please visit: www.LGMH.com; www.LightMediaHoldings.com; or www.InvaluableMedia.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.