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Light Media Repurchases 294,850 Shares

17 Mar

Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today that cumulative stock purchases to date have increased to a total of: 294,850 common shares, at an average price of $.01 per share, or up to 4.1% of its stock deposited in DTC (7,274,977 common shares) and up to 3% of its public float (9,779,600 common shares). LGMH continues to maintain active bids for common shares, as a part of its previously announced stock buy-back plan (with1,955,150 remaining under such plan) and continues to follow-through steadily on this commitment as illustrated through its latest incremental repurchase today.

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.  Light Media is also the 20th publicly-traded radio/media conglomerate (member) of the prestigious RBR-TVBR Stocks Index (see full RBR-TVBR Media Index listing at: www.RBR.com.  For more information, please visit: www.LightMediaHoldings.com; www.InvaluableMedia.com; www.LGMH.net; www.HotChristianStocks.com; www.HotChristianStocks.WordPress.com.

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Light Media Repurchases Stock

18 Feb

Atlanta, GA – February 18, 2015 – Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today the following stock repurchase: 15,000 common shares in open market transactions on February 18, 2015, at an average price of $0.01/share, resulting in 284,400 common shares purchased as of February 18, 2015 (12:00 PM (EDT) at an average repurchase price of $0.0098/share, leaving an available stock repurchase amount of 1,965,600 shares via previously-announced Stock Repurchase Program.

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.  Light Media is also the 20th publicly-traded radio/media conglomerate (member) of the prestigious RBR-TVBR Stocks Index (see full RBR-TVBR Media Index listing at: www.RBR.com.  For more information, please visit: www.LightMediaHoldings.com; www.InvaluableMedia.com; www.LGMH.net; www.HotChristianStocks.com; www.HotChristianStocks.WordPress.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 Launches PrayerMail.com and PrayerWall.com

18 Feb

Atlanta, GA–(Global News Update – February 10, 2015) – Light Media, Inspirational Media Specialist, announced today the simultaneous launch of updated prayer proliferation portals: (1) PrayerMail.com (global free email service where users can get free email addresses, such as: johndoe@prayermail.com, etc.); and (2) PrayerWall.com. Additionally, PrayerMail. 1.0 App remains available for free download in the iTunes App store (see: www.prayermail.net or go to iTunes (key words: prayermail or click the following link: http://itunes.apple.com/us/app/prayermail/id523509884?mt=8

PrayerMail.com and PrayerWall.com are launched in full support of the National Day of Prayer (May 7, 2015) and as a reaffirmation of Light Media’s commitment and Prayer for Peace In Jerusalem, as a part of the Light Media Network’s mission to unify a core community of interest focused on the power of prayer in the spirit of Matt. 21:22 worldwide.

About PrayerMail & PrayerWall

The unified mission of PrayerMail.com and PrayerWall.com is to advance the Power of Prayer Worldwide. PrayerMail is also a Supporter of the National Day of Prayer and the Prayer for Peace in Jerusalem Initiative.  For more information and to download the PrayerMail 1.0 App (24/7) and to share with family, friends and loved ones, please visit: www.PrayerMail.com; www.PrayerWall.com; www.PrayerMail.net; www.PrayerMail.org; www.PrayerSpace.com or via the Apple iTunes Store at: http://itunes.apple.com/us/app/prayermail/id523509884?mt=8.

About Light Media Network:  Light Media Network, Inspirational Media Specialist, focuses on providing access to content that inspires, enlightens and uplifts. With a core platform of focused digital media properties, Light Media Network provides an integrated advertising multimedia solution for marketers seeking to reach the burgeoning 14-44 inspirational media community of interest. For more information regarding the Light Media Network and for a digital media advertising solutions quote from the Inspirational Media Specialist, please visit: www.LightMediaNetwork.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.  Light Media is also the 20th publicly-traded radio/media conglomerate (member) of the prestigious RBR-TVBR Stocks Index (see full RBR-TVBR Media Index listing at: www.RBR.com. For more information, please visit: www.LGMH.net; 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 (LGMH) Launches Light Media Network (Phase 2)

3 Feb

Light Media (LGMH) Launches Light Media Network (Phase 2)

 

ATLANTA, GA – (February 3, 2015 – GlobeNewsWire) – Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today that it has officially launched worldwide the second phase (Phase 2) of its highly-anticipated: Light Media Network.  Light Media Network is situated as an inspirational network (14-44 demo) middle-ground alternative between notable market leaders: (1) Nasdaq publicly-traded Salem Communications, conservative Christian-centric, digital network known as “Salem Web Network” (see: SalemWebNetwork.com) and; (2) Nasdaq publicly-traded Radio One, Urban Media Specialist, digital network known as “Interactive One” (see: InteractiveOne.com).  Light Media Network, via an integrated network of multimedia platforms, provides a unique opportunity to consistently reach a core inspirational target audience (14-44 demo) 24/7 worldwide efficiently and cost-effectively.  For more info., please visit: www.LightMediaNetwork.com.

 

Light Media Network initial (24) digital inspirational media properties are as follows:

PrayerMail.com                                              GospelCity.com 

AmenFilms.com                                              ChristianHipHop.com

GospelEngine.com                                          AmenGospel.com 

InspirationalRap.com                                       ChristianBarter.com

LGMH.com                                                     SpiritualVibe.com

HipHopGospel.com                                          HealthyHipHop.com

 

InspirationalNewsNetwork.com                         24Gospel.com

HipHopDevotional.com                                    HealthyHipHop.com

MenOfGospel.com                                          InspirationalHipHop.com

CoolChristianFriends.com                                WomenOfGospel.com

InspirationSensationz.com                               ChristianCapitalFund.com

PrayerWall.com                                              PrayerSpace.com 

 

Light Media Network is designed to mirror the powerful strategy of focusing content on a “Community of Interest”.  As such, in addition to the 24 Light Media Network properties announced today (see above), Light Media Network will be further enhanced by 12 additional platforms to be announced within the next 30-days, with a goal of reaching 100 network sites in 2015.  Light Media is currently seeking to further align its strategic resources and positioning with visionary alliance partners focused on maximizing reach and visibility within and throughout the $9 Billion inspirational multimedia space.

 

About Light Media Network:  Light Media Network, Inspirational Media Specialist, focuses on providing access to content that inspires, enlightens and uplifts.  With a core platform of focused digital media properties, Light Media Network provides an integrated advertising multimedia solution for marketers seeking to reach the burgeoning 14-44 inspirational urban community of interest. For more information regarding the Light Media Network and for a digital media advertising solutions quote from the Inspirational Media Specialist, please visit: www.LightMediaNetwork.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.  Light Media is also the 20th publicly-traded radio/media conglomerate (member) of the prestigious RBR-TVBR Stocks Index (see full RBR-TVBR Media Index listing at: www.RBR.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 Adopts Stock Repurchase Program

5 Dec

Light Media Adopts Stock Repurchase Program

December 5, 2012. Atlanta. Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today that it has adopted a program to repurchase up to 5% of its issued and outstanding shares, or up to 2,250,000 common shares (hereinafter referred to as “LGMH Stock Repurchase Program”).  LGMH Stock Repurchase Program permits common shares to be purchased in open market or private transactions, through block trades, and/or pursuant to any stock trading plan.

LGMH Stock Repurchases would be discretionary and at prices the company considers to be attractive and in both the best interests of Light Media and its stockholders, subject to availability of stock, general market conditions, trading prices, alternative uses for capital, etc. LGMH Stock Repurchase Program may be suspended, terminated or modified at anytime for any reason, including but not limited to market conditions, the cost of repurchasing shares, and the availability of alternative investment opportunities. These factors may also affect the timing and amount of share repurchases. LGMH Stock Repurchase Program does not obligate the company to purchase any particular number of shares, and there is no guarantee as to the exact number of shares to be repurchased. Any and all share repurchases which may be made from time to time by Light Media would be noted in reports – beginning with the 4th quarterly period ending on 12/31/2012.

“Nasdaq-listed Salem Communications CEO’s March 8, 2012 earlier publicly-trumpeted dividend strategic announcement was intriguing and inspirational. Light Media, as the 2nd only inspirational media asset/platform-centric, publicly-traded media company in the United States, (the other inspirational media conglomerate being Salem Communications), believes that its LGMH Stock Repurchase Program may also serve as an excellent way to increase market awareness of Light Media (core assets, market, opportunities, etc.), while simultaneously positively positioning for the future. Light Media remains steadily and strategically focused as the Inspirational Media Specialist; and there is more news to come,” said Danny Wilson, CEO, Light Media.

The following news article excerpts below are shared For Fair Use Exception Discussion and Commentary Purposes Only: In an October 17, 2012 financial commentary by Morningstar Research (Alex Bryan – Seeking Alpha) entitled “Dividends or Share Buybacks, A Taxing Dilemma?” Key excerpts from Mr. Bryan’s timely and insightful article are as follows:

(1) “A firm that continues to increase its dividends will be worth less on an after-tax basis than it would be if it had retained the cash or used it to repurchase shares. Even if some companies do not alter their payout behavior to maximize after-tax value, investors looking for cash distributions may be better served by firms with healthy share-repurchase programs. However, it may be worthwhile to give a stronger weight to share buybacks to take advantage of their superior tax efficiency. Most important, in contrast to a dividend where all shareholders get hit with taxes, in a share-buyback program, only those investors who sell their shares back to the issuer receive a cash distribution and recognize taxes on capital gains. This makes share repurchases a more tax-efficient method to distribute cash even when capital gains and dividend tax rates are the same because investors can defer the tax liability.”

(2) “Yet, according to Ford Equity Research, companies that have followed through on their share-repurchase commitments have outperformed the market by a wide margin. This may be similar to the observed outperformance of high-dividend-paying stocks. It does this by constraining managers’ capacity to engage in value-destructive empire-building. Companies that pursue a disciplined policy of returning capital to shareholders, regardless of the method, may outperform precisely because they undertake fewer marginal investments.”

(3)  To read the full above-referenced article by Mr. Alex Bryan entitled: “Dividends or Share Buybacks, A Taxing Dilemma?,” click here: http://seekingalpha.com/article/929721-dividends-or-share-buybacks-a-taxing-dilemma.

About Light Media:

Light Media (OTC Markets: LGMH), Inspirational Media Specialist, markets, produces and distributes inspirational music, video, video games, print media and entertainment space through its network of radio, Internet, television, print and special events global business platforms and marketing and alliance partners. Light Media is also the 20th publicly-traded radio/media conglomerate (member) of the prestigious RBR-TVBR Media Index (see: http://www.RBR.com). For more information, please visit: http://www.LightMediaHoldings.com; http://www.InvaluableMedia.com or http://www.HotChristianStocks.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.