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.

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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 (LGMH) Attains DTC Eligibility

24 Feb

Light Media (LGMH) Attains DTC Eligibility

Repurchases 256,900 Shares In Open Market

February 24, 2014.  Atlanta Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today that it has attained Depository Trust & Clearing Corporation full eligibility (“DTC Eligibility”) for the company’s common shares trading under the stock ticker symbol (LGMH).  Through multiple operating facilities and data centers around the world, Depository Trust & Clearing Corporation and its subsidiary companies automate, centralize, and standardize the processing of financial transactions for thousands of institutions worldwide, processing securities transactions valued at approximately US$1.7 quadrillion in 2011 alone.  Expert guidance and consultation in securing DTC Eligibility for LGMH was powered and facilitated by VStock Transfer, in close cooperation with RTCO.  Additionally, as further described below, Light Media confirmed that it has repurchased 256,900 common shares.

“Attaining full DTC eligibility is essential to micro-caps, like Light Media, because it provides market makers and brokerage firms with an efficient and effective means of making, moving and settling trades electronically (paperless trading), thereby enabling greater liquidity and expansion of the pool of prospective shareholders worldwide.  Having reached this milestone, LGMH continues forward on the steady trek to higher ground,” said Danny Wilson, CEO, Light Media.  Hebrews. 10:36.

Stock Repurchase Update:  On February 21, 2014, Light Media repurchased 10,000 common shares, in open market transactions, at an average price of $0.0125 per share.  Light Media has repurchased 256,900 common shares, via open market transactions at an average price of $0.0098 per share, through February 24, 2014, leaving an available stock repurchase amount of 1,993,100 common shares via previously-announced Stock Repurchase Program.

About DTCC:  Through multiple operating facilities and data centers around the world, DTCC and its subsidiary companies automate, centralize, and standardize the processing of financial transactions for thousands of institutions worldwide.  With 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry, simplifying the complexities of clearance, settlement, asset servicing, global data management and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, derivatives, money market instruments, syndicated loans, mutual funds, alternative investment products, and insurance transactions.  In 2011, DTCC’s subsidiaries processed securities transactions valued at approximately US$1.7 quadrillion.  Its depository provides custody and asset servicing for securities issues from 122 countries and territories valued at US$39.5 trillion. DTCC’s global OTC derivatives trade repositories record more than US$500 trillion in gross national value of transactions made worldwide across multiple asset classes.

About VStock Transfer:  VStock Transfer is a stock transfer agent providing best-in-class service combined with a cost savings structure.  Founded by lawyers and managed by lawyers to better service companies, counsel and shareholders, VStock Transfer offers a unique combination of technology and proactive, energetic, personalized and experienced customer service.  We believe that people buy from people.  We pride ourselves on offering a personal relationship with each of our clients while offering the benefit of our knowledge, experience and responsiveness.  VStock Transfer offers services online that provide you and your shareholders with up to the minute data, reports and powerful online tools to enhance your stock transfer experience and make stock option administration a seamless process.  For more information, please visit: www.VStockTransfer.com.

About Registrar & Transfer Co. (RTCO):  Founded in 1899, Registrar and Transfer Company is the nation’s oldest, most widely respected specialist in the stock transfer business. Over the years, thousands of banks and public companies, such as Inland Real Estate Corporation, Praxair Inc., Dillards Inc., Chico’s FAS Inc., M&T Bank Corporation, and BancorpSouth, Inc, trading on all U.S. exchanges, have relied on us to provide efficient, complete, in-house services with the very highest standards of professional, yet personal customer service.  At R&T, we add true value to your organization by providing unparalleled service and quality for very low fees. We pride ourselves in being an industry leader with the expertise and flexibility to quickly recognize and adapt to the changing needs of our clients and their investors.  For more information, please visit:  www.RTCO.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.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 Develops and Releases Christian Hip Hop App

2 Mar
  
For Immediate Release

Light Media Develops and Releases Christian Hip Hop App

ATLANTA, GA – (GlobeNewsWire – February 26, 2013) – Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today that it has developed and released its newest mobile/smart device application in the Apple/iTunes and Google/Android App Stores entitled: ‘Christian Hip Hop’ (App Store Search terms: ‘christian hip hop’ or ‘holy hip hop’).   Christian Hip Hop/Holy Hip Hop App enables 24/7 global listening of inspirational urban music that inspires, enlightens and uplifts the heart, mind, body and soul without dependence or reliance on multimedia mega-conglomerates, such as Radio One (Nasdaq: ROIAK) or Salem Communications (Nasdaq: SALM).  Within hours of being approved for the iTunes App store distribution, over 100 consumers downloaded the Christian Hip Hop App in the following countries:  (1) USA; (2) Russia; (3) UK; (4) China; (5) Mexico; (6) France; (7) Germany; (8) Thailand; (9) Australia; and (10) Brazil. Light Media is an authorized iTunes/Android Developer of mobile media applications since 2012; and inspirational media app development and distribution is in support of Light Media’s mission as the ‘Inspirational Media Specialist’ in technology, products and distribution worldwide. 

To Download the Christian Hip Hop App for your iPhone/iPad or Android Devices, click/copy/paste the weblinks below:

 

1.  iTunes App (Christian Hip Hop):

https://itunes.apple.com/us/app/christian-hip-hop/id603034233?ls=1&mt=8

  

2.  Android App (Christian Hip Hop):

https://play.google.com/store/apps/details?id=com.holyhiphop.christianhiphop

  

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 multi-media conglomerate in the United States.  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.  

Light Media Acquires LGMH.com

23 Jan

Light Media Acquires LGMH.com

ATLANTA, GA – (GlobeNewsWire – January 22, 2013) – Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today that it has acquired top-level (.Com) internet domain: www.LGMH.com.  LGMH is a widely-used and popular internet acronym for the phrase “Love Gives Me Hope” which refers to true personal stories of inspirational individual triumph overcoming adversity (for examples, please visit the LoveGivesMeHope website or Facebook (@LoveGivesMeHope — which Facebook page has over 180,000 likes for the internet term/acronym known as ‘LGMH’/Love Gives Me Hope’).  Leveraging viral marketing and .Com top-tier Google search positioning, the goal will be for ‘LGMH.com’ to be eternally tied to Light Media’s corresponding ‘LGMH’ Stock Ticker Symbol.  LGMH.com was previously-owned by an Asia-based consortium since 2003, and the transaction was closed after months of negotiations.  Subsequently, the acquisition of LGMH.com now brings Light Media’s internet properties’ portfolio to a total of 92 high-value internet domain names.

“Research will confirm that only a relatively few of the approximately 14,000 publicly-traded companies in the United States actually own free and clear the top-level (.Com) internet domain name property corresponding with their assigned stock ticker symbol.  Light Media is now fortunate to be in that exclusive club of publicly-traded companies that actually own their corresponding value-added .Com stock ticker symbol, via this strategic acquisition of LGMH.com.  So for example, when desktop/lap-top, smartphone or tablet users worldwide type or search ‘LGMH’ on their digital devices and hit the embedded .Com button on their keypads, this will lead them directly to the Inspirational Media Specialist – Light Media (LGMH).

As financial institutions further willfully reduce and restrict options for meaningful access to capital by start-ups and entrepreneurs, the value of Stock Ticker Symbols (and the corresponding .Com internet domain name), affording access to investors and shareholders worldwide, will increase exponentially as paths for corporate growth and shareholder wealth maximization by privately-held enterprises narrow and become difficult to traverse (for example, please see CNNMoney article dated January 17, 2013 entitled “Investors pour record $8 billion into U.S. stocks”).  As such, the acquisition of LGMH.com is timely and strategically important for furtherance, enhancement and preservation of corporate legacy and market: (1) building, (2) awareness, (3) positioning and (4) goodwill,” said Danny Wilson, CEO, Light Media.  Heb.11:1-6.

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 multi-media conglomerate in the United States.  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.

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.