Light Media Reports Q1 2013 Results



 



ATLANTA, GA--(Global News Update – May 14, 2013) - Light Media (OTC
Markets: LGMH), Inspirational Media Specialist, announced today its results for the quarterly-period
ending March 31, 2013, as follows:  



*  Revenues were $11,618 as of
March 31, 2013.



*  Cost of sales were $2,500 as
of March 31, 2013.





*  Selling, general and
administrative expenses were $20,369 as of March 31,
2013. Financial Footnote: *** Disproportionate Q1 Operating Expenses Variance
Primarily Attributed to Previously Announced Divestiture of Power 105.5 Radio
Media Property.



 



 Five (5) Key LGMH (Q1 2013) Accomplishments:



1. 
Acquired strategically key media domain:  www.LGMH.com
(joining the ranks of the few publicly-traded companies worldwide that also own
the invaluable top-level .Com internet domain name corresponding with their
Stock Ticker Symbol).



2. 
Released Six (6) Digital Media Apps in iTunes and Google App Stores
Worldwide.



3.  
Repurchased 28,000 common shares in
open market transactions, at an average price of $0.013/share (plus an
additional 46,000 shares post Q1 close at an average price of $0.010/share,
leaving an available stock repurchase amount of 2,165,000 shares, via
previously-announced Stock Repurchase Program.



4. 
Initiated Two (2) New Product Launches for Summer and Fall 2013.



5. 
Developed New Digital Media Platform.



 



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.HotChristianStocks.com;
www.LGMH.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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