AveragePenny
7 months ago
$LGMH Light Media Enters Into Strategic Merger Agreement
https://www.otcmarkets.com/stock/LGMH/news/Light-Media-Enters-Into-Strategic-Merger-Agreement?id=445454
ATLANTA, GA, July 1, 2024. GLOBE Newswire -- Light Media Holdings, Inc. (OTC Markets: (LGMH) ("Light Media") today announced that it has entered into a strategic merger agreement with Veri Holdings (VRHI) (Veri Holdings"). Veri Holdings, since 2016, operates as a curator of opportunities, transcending conventional boundaries in healthcare via alternative medicine, telemedicine and artificial intelligence. For more information, visit: www.VeriHoldings.com.
Market Forecasts: Alternative Medicine is projected to experience significant growth, anticipated to escalate from a valuation of USD 143.79 billion in 2023 to nearly USD 1190.19 billion by 2032. Telemedicine Market Size is Expected and Anticipated to Reach USD 869.22 billion by 2033. Artificial intelligence in the healthcare market was valued at USD 16.3 billion in 2022 is expected and anticipated to grow at a CAGR of 40.2% to reach USD 173.55 billion by 2029.
Veri Holdings intends to raise up to $20 million, led by Network 1 Financial Securities, and uplist the company to a higher exchange (e.g. Nasdaq, NYSE). In this regard, Veri Holdings has retained PCAOB registered auditors and reserved stock symbol (VRHI).
The parties anticipate that in connection with the transaction, the shares of Light Media will be combined in a reverse split that is anticipated to range from 1 new share for every existing 20 shares.
The common stock of the combined company will continue to trade on www.OTCMarkets.com. The company will complete a spin-off and name change to reflect its new focus on global opportunities in Telemedicine, Alternative Medicine and Healthcare AI.
AveragePenny
7 months ago
$LGMH Light Media (LGMH) Enters Into LOI
https://www.otcmarkets.com/stock/LGMH/news/Light-Media-LGMH-Enters-Into-LOI?id=445401
ATLANTA, GA, June 28, 2024.GLOBE Newswire -- Light Media, Inc. (OTC Markets: (LGMH) ("Light Media") today announced that it has entered into a letter of intent ("LOI") to engage in a strategic merger transaction with Veri Holdings (VRHI) (Veri Holdings"). Veri Holdings operates as a curator of opportunities, transcending conventional boundaries in healthcare via telemedicine and artificial intelligence. For more information, visit: www.VeriHoldings.com.
Veri Holdings intends to raise up to $5 million, led by Network 1 Financial Securities, and uplist the company to a higher exchange (e.g. Nasdaq, NYSE). In this regard, Veri Holdings has retained PCAOB registered auditors and reserved stock symbol (VRHI).
Completion of the transaction is subject to the completion of a definitive agreement and related documentation. The parties anticipate that in connection with the transaction, the shares of Light Media will be combined in a reverse split that is anticipated to range from 1 new share for every existing 20 shares.
After closing (the "Closing") of the anticipated merger, the common stock of the combined company would continue to trade on www.OTCMarkets.com. The company will complete a spin-off and name change to reflect its new focus on global opportunities in Alternative Medicine and Healthcare AI.
AveragePenny
12 months ago
$LGMH Repurchases 462,166 Common Shares
https://www.otcmarkets.com/stock/LGMH/news/LGMH-Repurchases-462166-Common-Shares?id=430453
Atlanta, GA. February 13, 2024 - Light Media (OTC Markets: LGMH), Global Media Specialist, announced today that cumulative stock repurchases to date have increased to a total of: 462,166 common shares, at an average price of $.0152 per share, as authorized under the company's previously announced stock buyback plan.
Additional Updates: The Company also has received an unsolicited offer to acquire one of its strategic multi-media platforms, as well as continued merger/acquisition analysis and consideration. Biden v. Trump II bodes well for strategically-positioned multimedia advertising platforms, such as Light Media Network (LGMH), particularly in battle-ground areas such as metro Atlanta, and the Company has been focused strongly on being in a position to capitalize.
AveragePenny
1 year ago
$LGMH Repurchases Aggregate 457,166 Common Shares
https://www.otcmarkets.com/stock/LGMH/news/LGMH-Repurchases-Aggregate-457166-Common-Shares?id=421160
Atlanta, GA. November 13, 2023 - Light Media (OTC Markets: LGMH), Global Media Specialist, announced today that cumulative stock repurchases to date have increased to a total of: 457,166 common shares, at an average price of $.0152 per share, as authorized under the company's previously announced stock buyback plan. For more information on Light Media, and its Invaluable Media Network strategic multimedia platform properties, please visit: www.LGMH.com
Thugmuffin
3 years ago
$LGMH Light Media Updates: InvaluableMedia.comPress Release | 04/14/2022
Light Media (LGMH) Updates: InvaluableMedia.com
April 14, 2022 - Atlanta, GA. (GLOBAL NEWS UPDATE) Light Media (OTC MARKETS: LGMH), Global Media Specialist, announced today that it has updated flagship platform: www.InvaluableMedia.com. Light Media Network currently owns/controls 130+ high-value digital domains and apps.
About Light Media: Through its internet, radio, television, print and special events asset platforms, Light Media (OTC: LGMH) specializes in the marketing and distribution of inspirational music, video, apps (audio, visual, games) and entertainment worldwide, as well as cryptocurrency-centric platforms and technology. LGMH has been steadily investing and reinvesting in its quest to build a leading, global multi-media conglomerate by delivering to the chosen target market community environments. Light Media is recognized by RBR as one of the Top 25 US-based publicly-traded radio/media companies, and by NYU School of Business as one of the Top 1000 media companies in the world. For more information, please visit: www.LightMediaNetwork.com. To listen to Light Medias flagship radio station franchise The King, serving Top 10 US Media market of Metro Atlanta, Georgia, please visit: www.1055TheKing.com. For more information, please visit: www.LightMediaNetwork.com; www.LightMediaHoldings.com; 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.
deri21
4 years ago
$LGMH Light Media (LGMH) Engages Umergence and Pursues Strategic Alternatives for KWON
June 21, 2021 - Atlanta, GA. (GLOBAL NEWS UPDATE) Light Media (OTC MARKETS: LGMH), Global Media Specialist, announced today that the company is currently: (1) engaging leading alternative investments/M&A advisory firm Umergence; and (2) separately/simultaneously pursuing strategic alternatives for its KWON Technologies division. Further updates to follow.
About KWON Technologies: KWON Technologies EcoSystem is the Future of Staking Platforms, Dex Swap, Token, Services and NFT Marketplace Powered by Ethereum (ETH). For more information on KWON, please visit: www.KWONCoin.com.
About Umergence: Umergence is a premier broker dealer placement agent specializing in private placements and alternative investments. Our representatives focus on institutional capital placements, M&A advisory, early to late stage direct investments, and late-stage secondary opportunities. Umergence was inspired by the word Emergence, which is a phenomenon of coming together to create something greater than the sum of its parts, with a world class team of seasoned professionals averaging more than 20 years in the industry and have collectively been involved with raising more than $75 billion of capital. Umergence leverages a carefully cultivated network of domestic and international single/multi-family offices, high net worth individuals, private equity funds, pensions funds, endowment funds, sovereign wealth funds, institutional lenders and strategic investors. Umergence LLC, an affiliate of Umergence Holdings, is a registered broker-dealer, and memberFINRA/SIPC. For more information, please visit: www.Umergence.com
About Light Media: Through its internet, radio, television, print and special events asset platforms, Light Media (OTC: LGMH) specializes in the marketing and distribution of inspirational music, video, apps (audio, visual, games) and entertainment worldwide, as well as cryptocurrency-centric platforms and technology. LGMH has been steadily investing and reinvesting in its quest to build a leading, global multi-media conglomerate by delivering to the chosen target market community environments. Light Media is recognized by RBR as one of the Top 25 US-based publicly-traded radio/media companies, and by NYU School of Business as one of the Top 1000 media companies in the world. For more information, please visit: www.LightMediaNetwork.com. To listen to Light Medias flagship radio station franchise The King, serving Top 10 US Media market of Metro Atlanta, Georgia, please visit: www.1055TheKing.com. For more information, please visit: www.LightMediaNetwork.com; www.LightMediaHoldings.com; www.InvaluableMedia.com; www.KWONCoin.com; www.KWONFT.com; www.KWONDapp.com or www.KWONSwap.com
Buckey
4 years ago
ATLANTA, GA and SEOUL, SK, May 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire ? Light Media (OTC MARKETS: LGMH), Global Media Specialist, announced today that it has successfully launched: KWON NFT Marketplace worldwide as a part of a focused effort to secure long-term strategic leadership positioning in powerful, transformative and innovative blockchain/crypto technology, powered by KWONCoin. For more information, please visit: www.KWONFT.com – www.KWONNFT.com
“KWON NFT Marketplace is timely and strategically positions Light Media (LGMH) as a rapidly rising leader in blockchain technology. KWON Ecosystem is making great strides in innovation highlighting the power of the vertically-integrated KWON Ecosystem, as a true one-stop destination for everything blockchain/crypto worldwide. KWON Ecosystem, powered by KWONCoin is the future and there is more news to come,” said Danny Wilson, CEO, Light Media Network.
AboutKWON NFT Marketplace: Decentralized visual NFT marketplace that allows users to create, store and trade unique randomly generated digital artwork on the blockchain. Artists, Athletes, Entertainers, Illustrators, Photographers, Graphic designers (or anyone worldwide) can create and upload their asset packs, making them available for Creators to leverage the KWON NFT contract for selling/buying NFTs.
About NFTs (Non-Fungible Tokens): A non-fungible token is a unit of data on a digital ledger called a blockchain, where each NFT can represent a unique digital item, and thus they are not interchangeable. NFTs can represent digital files such as art, audio, videos, items in video games and other forms of creative work. While the digital files themselves are infinitely reproducible, the NFTs representing them are tracked on their underlying blockchains and provide buyers with proof of ownership. Blockchains such as Ethereum, and Flow each have their own token standards to define their use of NFTs.
About Light Media: Through its internet, radio, television, print and special events asset platforms, Light Media (OTC: LGMH) specializes in the marketing and distribution of inspirational music, video, apps (audio, visual, games) and entertainment worldwide, as well as cryptocurrency-centric platforms and technology. LGMH has been steadily investing and reinvesting in its quest to build a leading, global multi-media conglomerate by delivering to the chosen target market community environments. Light Media is recognized by RBR as one of the Top 25 US-based publicly-traded radio/media companies, and by NYU School of Business as one of the Top 1000 media companies in the world. For more information, please visit: www.LightMediaNetwork.com. To listen to Light Media's flagship radio station franchise "The King," serving Top 10 US Media market of Metro Atlanta, Georgia, please visit: www.1055TheKing.com. For more information, please visit: www.LightMediaNetwork.com; www.LightMediaHoldings.com; www.InvaluableMedia.com; or www.KWONFT.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.
Light Media Network
404-893-5752
lgmh@lightmedianetwork.com
deri21
4 years ago
$LGMH (April 29, 2021 - Global News Update) - Light Media, Global Media Specialist (OTC Markets: LGMH), announced today that it has preliminarily set a global launch date for: KWON NFT Platform, as follows: Wednesday, May 12, 2021 (8:30 AM EDT Pre-Market Open). Any official updates or changes in this timeline will be posted. Next level, phase 2 testing has been formally initiated by the development team today. KWON platforms mission is to be a one-stop destination for all things crypto, consisting of key, powerful integrated defi protocols all under-one-roof.
About NFTs (Non-Fungible Tokens): A non-fungible token is a unit of data on a digital ledger called a blockchain, where each NFT can represent a unique digital item, and thus they are not interchangeable. NFTs can represent digital files such as art, audio, videos, items in video games and other forms of creative work. While the digital files themselves are infinitely reproducible, the NFTs representing them are tracked on their underlying blockchains and provide buyers with proof of ownership. Blockchains such as Ethereum, and Flow each have their own token standards to define their use of NFTs.
About Cryptocurrency: A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. It typically does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems. When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database. Source: Wikipedia.
About Blockchain Technology:
A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. The timestamp proves that the transaction data existed when the block was published in order to get into its hash. Blocks contain the hash of the previous block, forming a chain, with each additional blocks reinforcing the ones before it. Therefore, blockchains are resistant to modification of their data because once recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks. Source: Wikipedia.
About Light Media Network: About Light Media: Through its internet, radio, television, print and special events asset platforms, Light Media (OTC: LGMH) specializes in the marketing and distribution of inspirational music, video, apps (audio, visual, games) and entertainment worldwide, as well as cryptocurrency-centric platforms and technology. LGMH has been steadily investing and reinvesting in its quest to build a leading, global multi-media conglomerate by delivering to the chosen target market community environments. Light Media is recognized by RBR as one of the Top 25 US-based publicly-traded radio/media companies, and by NYU School of Business as one of the Top 1000 media companies in the world. For more information, please visit: www.LightMediaNetwork.com. To listen to Light Media's flagship radio station franchise "The King," serving Top 10 US Media market of Metro Atlanta, Georgia, please visit: www.1055TheKing.com. For more information, please visit: www.LightMediaNetwork.com; www.LightMediaHoldings.com; or www.InvaluableMedia.com
AskMuncher
4 years ago
$LGMH Light Media Acquires KWONFT.com and KWONNFT.com
Press Release | 03/31/2021
Acquisitions Strengthen Crypto Revolution Positioning In Burgeoning NFT (Non-Fungible Tokens) Space
Atlanta, GA and New York, NY, March 31, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Light Media (OTC MARKETS: LGMH), Global Media Specialist, announced today that it has acquired: KWONFT.com and KWONNFT.com.
"CryptoCurrency Revolution continues to accelerate at LightSpeed, as NFTs (Non-Fungible Tokens) take-off. Light Media will not be on the outside looking in, and has formed a strategic alliance with a key developer to firm up positioning in the rapidly-evolving crypto space. There is more news to come,” said Danny Wilson, CEO, Light Media Network.
About NFTs (Non-Fungible Tokens): A non-fungible token is a unit of data on a digital ledger called a blockchain, where each NFT can represent a unique digital item, and thus they are not interchangeable. NFTs can represent digital files such as art, audio, videos, items in video games and other forms of creative work. While the digital files themselves are infinitely reproducible, the NFTs representing them are tracked on their underlying blockchains and provide buyers with proof of ownership. Blockchains such as Ethereum, and Flow each have their own token standards to define their use of NFTs.
About Light Media: Through its internet, radio, television, print and special events asset platforms, Light Media (OTC: LGMH) specializes in the marketing and distribution of inspirational music, video, apps (audio, visual, games) and entertainment worldwide, as well as cryptocurrency-centric platforms and technology. LGMH has been steadily investing and reinvesting in its quest to build a leading, global multi-media conglomerate by delivering to the chosen target market community environments. Light Media is recognized by RBR as one of the Top 25 US-based publicly-traded radio/media companies, and by NYU School of Business as one of the Top 1000 media companies in the world. For more information, please visit: www.LightMediaNetwork.com. To listen to Light Media's flagship radio station franchise "The King," serving Top 10 US Media market of Metro Atlanta, Georgia, please visit: www.1055TheKing.com. For more information, please visit: www.LightMediaNetwork.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.
Light Media Network
404-893-5752
lgmh@lightmedianetwork.com
AskMuncher
4 years ago
$LGMH Light Media Acquires KWONFT.com and KWONNFT.COM - Strengthens Crypto Revolution Positioning
Press Release | 03/30/2021
Atlanta, GA and New York, NY, Feb. 12, 2021 (OTC MARKETS) -- Light Media (OTC MARKETS: LGMH), Global Media Specialist, announced today that it has acquired: KWONFT.com and KWONNFT.com.
"CryptoCurrency Revolution continues to accelerate at LightSpeed, as NFTs (Non-Fungible Tokens) take-off. Light Media will not be on the outside looking in, and has formed a strategic alliance with a key developer to firm up positioning in the rapidly-evolving crypto space. There is more news to come, said Danny Wilson, CEO, Light Media Network.
About NFTs (Non-Fungible Tokens): A non-fungible token is a unit of data on a digital ledger called a blockchain, where each NFT can represent a unique digital item, and thus they are not interchangeable. NFTs can represent digital files such as art, audio, videos, items in video games and other forms of creative work. While the digital files themselves are infinitely reproducible, the NFTs representing them are tracked on their underlying blockchains and provide buyers with proof of ownership. Blockchains such as Ethereum, and Flow each have their own token standards to define their use of NFTs.A non-fungible token is a unit of data on a digital ledger called a blockchain, where each NFT can represent a unique digital item, and thus they are not interchangeable. NFTs can represent digital files such as art, audio, videos, items in video games and other forms of creative work. While the digital files themselves are infinitely reproducible, the NFTs representing them are tracked on their underlying blockchains and provide buyers with proof of ownership. Blockchains such as Ethereum, and Flow each have their own token standards to define their use of NFTs.
About Light Media: Through its internet, radio, television, print and special events asset platforms, Light Media (OTC: LGMH) specializes in the marketing and distribution of inspirational music, video, apps (audio, visual, games) and entertainment worldwide, as well as cryptocurrency-centric platforms and technology. LGMH has been steadily investing and reinvesting in its quest to build a leading, global multi-media conglomerate by delivering to the chosen target market community environments. Light Media is recognized by RBR as one of the Top 25 US-based publicly-traded radio/media companies, and by NYU School of Business as one of the Top 1000 media companies in the world. For more information, please visit: www.LightMediaNetwork.com. To listen to Light Media's flagship radio station franchise "The King," serving Top 10 US Media market of Metro Atlanta, Georgia, please visit: www.1055TheKing.com. For more information, please visit: www.LightMediaNetwork.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.
Light Media Network
404-893-5752
lgmh@lightmedianetwork.com
AskMuncher
4 years ago
$LGMH Light Media Q4 Revenues Surge 500%
Press Release | 02/12/2021
Atlanta, GA and New York, NY, Feb. 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Light Media (OTC MARKETS: LGMH), Global Media Specialist, announced today that its Q4 Revenues surged 500%.
“Light Media Network hit all cylinders in Q4, delivering a 500% increase in sales revenue, driven by clients seeking to capitalize on strategic market positioning in the #7 Atlanta metro market. As a measure to sustain this momentum in 2021 and beyond, Light Media Network closed a key strategic sales transaction, which is on-track to see steady sales growth on a monthly basis.
“Light Media is currently seeking a strategic merger/acquisition transaction for even greater critical mass. As COVID-19 clouds continue to dissipate, Light Media Network is extremely well-positioned to lead, succeed and grow its market leadership position for many years to come,” said Danny Wilson, CEO, Light Media Network.
About Light Media: Through its internet, radio, television, print and special events asset platforms, Light Media (OTC: LGMH) specializes in the marketing and distribution of inspirational music, video, apps (audio, visual, games) and entertainment worldwide. LGMH has been steadily investing and reinvesting in its quest to build a leading, global multi-media conglomerate by delivering to the chosen target market community environments. Light Media is recognized by RBR as one of the Top 25 US-based publicly-traded radio/media companies, and by NYU School of Business as one of the Top 1000 media companies in the world. For more information, please visit: www.LightMediaNetwork.com. To listen to Light Media's flagship radio station franchise "The King," serving Top 10 US Media market of Metro Atlanta, Georgia, please visit: www.1055TheKing.com. For more information, please visit: www.LightMediaNetwork.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.
Light Media Network
404-893-5752
lgmh@lightmedianetwork.com
deri21
4 years ago
$LGMH Light Media (OTC MARKETS: LGMH), Global Media Specialist, announced today that its Q4 Revenues surged 500%.
“Light Media Network hit all cylinders in Q4, delivering a 500% increase in sales revenue, driven by clients seeking to capitalize on strategic market positioning in the #7 Atlanta metro market. As a measure to sustain this momentum in 2021 and beyond, Light Media Network closed a key strategic sales transaction, which is on-track to see steady sales growth on a monthly basis. https://finance.yahoo.com/news/light-media-q4-revenues-surge-184900525.html?.tsrc=fin-srch
makinezmoney
4 years ago
$LGMH: Q4Revs up 500% and reaffirmed ShareBuybacks
This one is going somewhere.......... #BLM stock.
Now $0.14
https://backend.otcmarkets.com/otcapi/company/financial-report/270899/content
*******************************************************************
Light Media Q4 Revenues Surge 500%
1:49 PM ET 2/12/21 | Dow Jones
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1:49 PM ET 2/12/21
Symbol Last % Chg
LGMH
0.14 0.00%
Real time quote.
Light Media Q4 Revenues Surge 500%
Atlanta, GA and New York, NY, Feb. 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Light Media (OTC MARKETS: LGMH), Global Media Specialist, announced today that its Q4 Revenues surged 500%.
"Light Media Network hit all cylinders in Q4, delivering a 500% increase in sales revenue, driven by clients seeking to capitalize on strategic market positioning in the #7 Atlanta metro market. As a measure to sustain this momentum in 2021 and beyond, Light Media Network closed a key strategic sales transaction, which is on-track to see steady sales growth on a monthly basis.
"Light Media is currently seeking a strategic merger/acquisition transaction for even greater critical mass. As COVID-19 clouds continue to dissipate, Light Media Network is extremely well-positioned to lead, succeed and grow its market leadership position for many years to come," said Danny Wilson, CEO, Light Media Network.
About Light Media: Through its internet, radio, television, print and special events asset platforms, Light Media (OTC: LGMH) specializes in the marketing and distribution of inspirational music, video, apps (audio, visual, games) and entertainment worldwide. LGMH has been steadily investing and reinvesting in its quest to build a leading, global multi-media conglomerate by delivering to the chosen target market community environments. Light Media is recognized by RBR as one of the Top 25 US-based publicly-traded radio/media companies, and by NYU School of Business as one of the Top 1000 media companies in the world. For more information, please visit: www.LightMediaNetwork.com. To listen to Light Media's flagship radio station franchise "The King," serving Top 10 US Media market of Metro Atlanta, Georgia, please visit: www.1055TheKing.com. For more information, please visit: www.LightMediaNetwork.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.
Light Media Network
404-893-5752
lgmh@lightmedianetwork.com
> Dow Jones Newswires
February 12, 2021 13:49 ET (18:49 GMT)
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