$LGMH LGMH Network - Q1 2020Press Release | 05/1
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LGMH Network - Q1 2020Press Release | 05/14/2020
Light Media (OTC Markets: LGMH), Urban and Inspirational Media Specialist, announced today Q1-2020 summary, as follows:
Light Media revenues were $12,059 as of March 31, 2020 versus $1,092 for the annual-period ended December 31, 2019.
Key Milestones in Q1-2020
Aggregate Stock Repurchases now total: 425,759 shares. The company reaffirms its commitment to its stock repurchase plan.
Light Media Network Sales initiatives for the Company's flagship 105.5 FM/AM 1430 The King fully implemented resulting in rapid sales growth (see increase above from Q4 to Q1), and but for Cov-19 sales would have been substantially higher. To view current advertising client logos, visit: www.1055TheKing.com
Strategically-positioned the company to add a major media asset to Light Media Network (deal is substantially completed and to be announced within next 30-days). Deal also positions company in strategic relationship with one of the largest multimedia conglomerates in the world (acquistion target). Extremely great news for all shareholders, who have been supporting Light Media through its journey.
https://www.otcmarkets.com/stock/LGMH/news/LG...?id=261839