Tag Archives: light media

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.

Advertisements

Light Media Revenues Rise 47.59%

17 May

PR NewswirePress Release: Light Media – 8 hours ago

ATLANTA and NEW YORK, May 16, 2012 /PRNewswire/ — Light Media (LGMH.PK), Inspirational Media Specialist, announced today its results for the quarterly-period ending March 31, 2012 as compared to the quarterly-period ending March 31, 2011), as follows:

* Revenues were $20,197 as of March 31, 2012 versus $10,585 for the quarter-ended March 31, 2011.

* Cost of sales were $5,069 as of March 31, 2012 versus $4,131 for the quarter-ended March 31, 2011.

* Selling, general and administrative expenses were $23,442 as of March 31, 2012 versus $13,261 for the quarter-ended March 31, 2011.

Three (3) Key LGMH Q1 2012 Media Platform Synergy Accomplishments:

* Attained Apple IOS Developer Certification, enabling development and deployment of iPhone/iPad Apps.

* 3 New Product Releases.

* 24 New Advertising partners.

“Light Media continues to make great strides and progress on multiple fronts. Specifically: (1) Light Media is free to develop and deploy its own proprietary smartphone Apps; (2) Light Media is free to develop, sell and market its own products and services across its asset base; and (3) Light Media is free to creatively and seamlessly partner with advertisers across the Light Media Network. Synergy remains priority #1, and Light Media continues to closely tie together its platform products, technology and distribution in one seamless continuum and 2012 is proving to be another exciting year with more news to come,” said Danny Wilson, CEO of Light Media.

About Light Media: Light Media (LGMH.PK), 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: http://www.RBR.com). To listen to Power 105.5/The King, please visit: http://www.Power105TheKing.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.

Light Media Supports National Day of Prayer: May 3, 2012

3 May

Light Media (OTC: LGMH) Supports National Day of Prayer: May 3, 2012

ATLANTA, GA/NEW YORK, NY–(PR Newswire – May 3, 2012) – Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced that PrayerMail and PrayerWall, support today’s 61st Annual National Day of Prayer, in furtherance of the Prayer for Peace In Jerusalem Initiative. National Day of Prayer takes place annually on the first Thursday in May of each year. PrayerMail.com provides a seamless platform for the global faith-based community to send PrayerMail messages and to post Prayers on the global Virtual Prayer Wall 24/7 at PrayerWall.com. PrayerMail and PrayerWall are a part of the Light Media Network.

About PrayerMail:

PrayerMail is a leading faith-based portal, with a mission to unite the world through the power of Prayer, Faith Plus Works. Through PrayerMail, users can get the latest news; Send-a-Prayer; Request Prayer; Post on PrayerWall and Get Personal Prayer Mail (Email Account) to stay in touch with family, friends and loved ones worldwide 24/7 (for example: johndoe@prayermail.com). For more information, please visit: http://www.PrayerMail.com.

About PrayerWall:

PrayerWall, a subsidiary of PrayerMail, is designed as a Virtual Prayer Wall where individuals can post PrayerMail Messages 24/7. For more information, please visit: http://www.PrayerWall.com

About National Day of Prayer:

The National Day of Prayer is a vital part of our heritage. Since the first call to prayer in 1775, when the Continental Congress asked the colonies to pray for wisdom in forming a nation, the call to prayer has continued through our history, including President Lincoln’s proclamation of a day of “humiliation, fasting, and prayer” in 1863. In 1952, a joint resolution by Congress, signed by President Truman, declared an annual, national day of prayer. In 1988, the law was amended and signed by President Reagan, permanently setting the day as the first Thursday of every May. Each year, the president signs a proclamation, encouraging all Americans to pray on this day. Last year, all 50 state governors plus the governors of several U.S. territories signed similar proclamations.

The National Day of Prayer is Significant

The National Day of Prayer has great significance for us as a nation. It enables us to recall and to teach the way in which our founding fathers sought the wisdom of God when faced with critical decisions. It stands as a call to us to humbly come before God, seeking His guidance for our leaders and His grace upon us as a people. The unanimous passage of the bill establishing the National Day of Prayer as an annual event, signifies that prayer is as important to our nation today as it was in the beginning.

Like Thanksgiving or Christmas, this day has become a national observance placed on all Hallmark calendars and observed annually across the nation and in Washington, D.C. Last year, local, state and federal observances were held from sunrise in Maine to sunset in Hawaii, uniting Americans from all socio-economic, political and ethnic backgrounds in prayer for our nation. It is estimated that more than two million people attended more than 40,000 observances organized by approximately 40,000 volunteers. At state capitols, county court houses, on the steps of city halls, and in schools, businesses, churches and homes, people stopped their activities and gathered for prayer.

The National Day of Prayer is Ours

The National Day of Prayer belongs to all Americans. It is a day that transcends differences, bringing together citizens from all backgrounds. Mrs. Shirley Dobson, NDP chairman, reminds us: “We have lost many of our freedoms in America because we have been asleep. I feel if we do not become involved and support the annual National Day of Prayer, we could end up forfeiting this freedom, too.”

History Summary

1775 – The first Continental Congress called for a National Day of Prayer
1863 – Abraham Lincoln called for such a day.
1952 – Congress established NDP as an annual event by a joint resolution, signed into law by President Truman.
1988 – The law was amended and signed by President Reagan, designating the NDP as the first Thursday in May.

For more information, please visit: http://www.NDPTF.org

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: http://www.RBR.com. To listen to Power 105.5/The King, please visit: http://www.Power105TheKing.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.

Three (3) Specific Questions For Investors in Christian/Socially-Responsible Companies

2 Feb

From: Danny Wilson, Pres., Light Media (OTC: LGMH)

To: Past, Current or Prospective Investors In Christian/Socially Responsible Publicly-Traded Media Companies

Subject: Three (3) Specific Questions For Investors in Christian/Socially-Responsible Companies:

Date: February 2, 2012

Three (3) Specific Questions for current Investors, past Investors or prospective Investors in Christian/Socially-Responsible Publicly-traded companies:

(1) Please list three (3) specific things that you believe could be done, in your opinion, by a Christian/Socially-Responsible publicly-traded media company, if anything at all, to increase the standing and visibility of Christian/Socially-Responsible publicly-traded media companies;

(2) Please list three (3) specific long-term policies that you would like to see, in your opinion, Christian/Socially-Responsible publicly-traded media companies develop and/or implement as standard practice or modus operandi that you believe may be missing; and

(3) Please list three (3) strategies that you believe, in your opinion, a Christian/Socially-Responsible publicly-traded media company should deploy to keep investors excited and energized, while these companies simultaneously initiate plans and activities to advance the common good, uplift the community and make a difference in lives of youth, young adults and adults alike.

If you are reading this, then please reply below on this Blog post thread. Also, please feel free to share this message with anyone that you know or you believe would be interested, willing or able to provide genuine feedback to the three (3) questions posed above, via posting at the following blog, where this message is originating: https://hotchristianstocks.wordpress.com/

Thank you very much for your time.

Yours Truly,

Danny Wilson, President
Light Media (OTC Markets: LGMH)
Corporate Website: http://www.LightMediaHoldings.com
Rev. 20:13.

P.S.: For clarity, this message post is not a solicitation to buy or sell securities, or any endorsement of any particular stock. This message post instead is a request for feedback and opinions from the general investing community to the three (3) specific questions posed above.

“POWER 105.5/THE KING BUILDS CITADEL IN METRO ALBANY, GA”

31 Jan

“POWER 105.5/THE KING BUILDS CITADEL IN METRO ALBANY, GA”

“Secures Top 10 Spot in Arbitron’s Fall 2011 Rankings”

Citadel: cit·a·del Noun:

A fortress, typically on high ground, protecting or dominating a city.

January 30, 2012. Albany, GA/Atlanta, GA. Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today that Arbitron has released its Fall 2011 radio rankings (October through December 2011) for the Metro Albany, GA radio market. Arbitron ratings confirm that: (Power 105.5/The King – WZBN-FM, http://www.Power105TheKing.com), in less than 6 months time, has established a stronghold in Metro Albany, GA via securing positioning as a Top 10 radio station for the Fall 2011 ratings period by effectively deploying the first ever terrestrial radio inspirational urban ac format (eclectic mix of 24/7 Holy Hip Hop and Contemporary Gospel). 3 Key Arbitron Metrics for Power 105.5/The King are: (a) Station Rank: Tied for #9 position; (b) Strength in 18-34 and 25-54 age brackets: (mid-day, afternoon and evening hours); (c) Total Listening time: 7 hours (listeners of Power 105.5 FM are staying locked in and listening to the station for relatively long periods of time).

“To be able to virtually parachute into occupied territory ruled by two of the largest media giants on the planet, capture market-share (with a new format never heard before on terrestrial radio 24/7) and build a citadel (in 6 months time), is no small feat; and since Power 105.5/The King is free and clear and not enslaved by the bondage of debt, all adversaries, naysayers and non-believers can rest assured that this struggle for radio airwaves supremacy in Metro Albany, GA will wage on from block-to-block, city-to-city and county-to-county for 1,000 years.

To Arbitron, thank you for providing an invaluable and proprietary consumer data toolset that enables all broadcasters (regardless of size or demographic) to analyze key metrics, strategize and deploy action plans real-time, via critical market intelligence insight. To all stakeholders and to all listeners, strategic partners, the community and friends, thank you for standing with Power 105.5/The King – WZBN-FM (www.Power105TheKing.com), as Your #1 Station For Inspiration, and for your powerful messages of appreciation of small beginnings and unparalleled support,” said Danny Wilson, CEO, Light Media. Zec. 4:10.

Sample Community Feedback – Power 105.5/The King:

Name:Sherry
Note:Glory to God for the way is making for His Word to be heard and he will be Glorified!!!! congrats

Name:Jermaine
Note:This is TRULY a blessing from the Lord! Hopefully this will be the start of something great and continue to grow all across the country.

Name:Pastor Willie
Note: in the name of our Lord and Savior Jesus Christ from whomall blessings flow. I am so excited about the new Power 105.5 The King that will power the air waves with the sounds to uplift your spirit.Yours In Christ, Willie

Name:danny
Note:Listening to you in Thomasville GA this morning. Thanks for this music ministry.

Name:Bacon
Note: Just got The King in Albany, Ga and am in love already. How can I be a part of the mission here. Please send me some info. Thanks.

Name:Cedrick
Note:I think this radio station is an awesome move for “THE KINGDOM OF GOD”!!!!! I LOVE THIS!!!

Name:Jill
Note:i think you guys are doing a wonderful job!!

Name:Samuel
Note:Hi. I am so glad that you brought this station to Albany ga. I am an avid listener.

About Power 105.5/The King:

Power 105.5/The King is located in Albany, GA, as SW Georgia’s #1 Station for Inspiration. For more information, please visit: http://www.Power105TheKing.com. To listen live (via the Internet–outside of Metro Albany, GA (24/7), please visit: http://www.lifestream.tv/theking (Click ‘Play’ button to stream online or on your cellphone or digital device). Follow us on FaceBook and Twitter at: http://www.facebook.com/pages/Power-105-the-King/108191729261111; and http://twitter.com/#!/power105theking

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 Urban 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 Media Stocks Index (see full RBR-TVBR Media Index listing at: http://www.rbr.com/radio/stocks-closed-mixed-on-tuesday-11-29-11.html ). To listen to Power 105.5/The King, please visit: http://www.Power105TheKing.com. For more information, please visit: http://www.LightMediaHoldings.com. Light Media Capitalization Structure, as of Q4 (2011): Common Shares Issued: 38,273,500; Common Shares Float; 7,050,000; Common Shares Authorized: 100,000,000.

About Albany, GA:

Founded by Connecticut Businessman, Nelson Tift, the City of Albany, GA was Incorporated in December 27, 1838. According to the United States Census Bureau, the Albany, Georgia Metropolitan Statistical Area (MSA) ranked #234 in the U.S. Metro Albany, GA encompasses a 16-county radius and 320,000 residents, in SW Georgia, serving as the gateway to Alabama and NW Florida. The racial makeup is: 64.80% African American and Black, 33.21% White, 0.21% Native American, 0.60% Asian, 0.03% Pacific Islander, 0.45% from other races, and 0.71% from two or more races. Hispanic or Latino of any race were 1.23% of the population. Health care, education and the Marine Corps Logistics Base Albany are the largest employers. Manufacturing, transportation, and retail trade are also important foundations of Albany’s economy and the city acts as a hub for commerce in southwest Georgia. Albany is the birthplace of legendary recording artist: Ray Charles.

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 Forms Newspaper Alliance

6 Dec

Light Media (PINKSHEETS: LGMH), Inspirational Media Specialist, announced today that it has formed a strategic marketing alliance between its Power 105.5/The King FM radio station (www.Power105TheKing.com) and local Albany, GA newspaper — “Downtown Albany Area News.” Key terms of the strategic marketing alliance provide generally that: (1) Power 105.5/The King and Downtown Albany Area News will cross-promote and market each other to their respective broadcast and print audiences; (2) Local, Regional and National Advertising Advertisers will be afforded an opportunity to seamlessly enhance their messaging reach, via value-added packages, across strategically-aligned radio, digital and print platforms; and (3) Communityinitiatives will be accelerated via leveraging the power and reach of radio and print media working synergistically to spread the Good News.

“Downtown Albany Area News has excellent editorial content, community positioning and a Publisher/CEO (Eddie Mack) with 18 years of media experience formerly with WOKB-AM (Orlando, Florida). This strategic marketing alliance between Power 105.5/The King and Downtown Albany Area News is a creative way for two independently powerful media platform properties (broadcast and print) to add value for their respective enterprises, audiences, sponsors and the community, without incurring additional operating expense. No man is an island and Light Media (and its subsidiaries) will continue to vigorously seek out visionary strategic media partners, in order to create maximum synergy and win-win opportunities for long-term growth,” said Danny Wilson, CEO of Light Media. Eccl. 4:9-12.

About Light Media:

Light Media (PINKSHEETS: LGMH), Inspirational Media Specialist, markets, produces and distributes inspirational music, video, video games, print media and entertainment in the Urban 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 Media Stocks Index (see full RBR-TVBR Media Index listing at: http://www.rbr.com/media-news/stocks/three-day-winning-streak-snapped-9-28-11.html). To listen to Power 105.5/The King, please visit: www.Power105TheKing.com. For more information, please visit: www.LightMediaHoldings.com; www.InvaluableMedia.com or www.HotChristianStocks.com. Light Media Capitalization Structure, as of Q4 (2011): Common Shares Issued: 38,273,500; Common Shares Float: 7,050,000; Common Shares Authorized: 100,000,000.

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 (PINKSHEETS: 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.