$LGMH Light Media (LGMH) Enters Into

New Post Public Reply Private Reply Replies (0) Message Board
louied91
161
$LGMH Light Media (LGMH) Enters Into LOI

https://www.otcmarkets.com/stock/LGMH/news/Li...?id=445401

ATLANTA, GA, June 28, 2024.GLOBE Newswire -- Light Media, Inc. (OTC Markets: (LGMH) ("Light Media" today announced that it has entered into a letter of intent ("LOI" to engage in a strategic merger transaction with Veri Holdings (VRHI) (Veri Holdings" . Veri Holdings operates as a curator of opportunities, transcending conventional boundaries in healthcare via telemedicine and artificial intelligence. For more information, visit: www.VeriHoldings.com.

Veri Holdings intends to raise up to $5 million, led by Network 1 Financial Securities, and uplist the company to a higher exchange (e.g. Nasdaq, NYSE). In this regard, Veri Holdings has retained PCAOB registered auditors and reserved stock symbol (VRHI).

Completion of the transaction is subject to the completion of a definitive agreement and related documentation. The parties anticipate that in connection with the transaction, the shares of Light Media will be combined in a reverse split that is anticipated to range from 1 new share for every existing 20 shares.

After closing (the "Closing" of the anticipated merger, the common stock of the combined company would continue to trade on www.OTCMarkets.com. The company will complete a spin-off and name change to reflect its new focus on global opportunities in Alternative Medicine and Healthcare AI.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Patented Foodservice Firm's $1.6M Sale: High ROI Potential

Updated Category News Views 1

Cooking Up High Margins and Rapid Growth You don’t stumble on opportunities like this every day. A foodservice company out there is posting some mouth-watering numbers, and it’s shaking up the M&A scene. This one’s got patents holding up its brand like a culinary force field, and it’s now on the auction block for a cool $1.6 million. And the numbers? Well, they...

Continue Reading
Softcare Facilitates Standards Delegation Visit to Senegal

Updated Category News Views 0

Ever seen a whole nation's hygiene industry getting a deep dive from not just one, but three major standards bodies? That's what just went down in Senegal. Softcare opened its doors wide to folks from the Senegalese Association for Standardization (ASN), the International Organization for Standardization (ISO), and the Swedish Institute for Standards (SIS). This was no...

Continue Reading
viaim's AI Earbuds Snag IFA Awards, Launch On Indiegogo

Updated Category News Views 1

When the tech cosmos hands you two hefty IFA Innovation Awards, you know you’re onto something. viaim’s Rise wasn't just about slick marketing—it brought home the 'Best in Audio' and 'Best in Design' titles from IFA 2026, proving these earbuds are more than just another gadget. Key Innovations Behind the Accolades IFA is no small affair—it's a major tech trade...

Continue Reading
Local Climate Resilience Gains Urgency in the Southwest

Updated Category News Views 2

Local Impact Means Taking Climate Change Personally If you haven't felt it yet, you will. Climate change isn't just a global headline anymore—it's a daily reality that’s reshaping life where you stand. David W. DuBois, New Mexico's top climatologist, is sounding the alarm this time on the new Net Zero Speaks episode, saying it's on us to use local climate knowledge to...

Continue Reading
Court Enforces Design Rights: AEKE Blocked in Germany

Updated Category News Views 10

Court's Verdict: A Lesson in Design Protection Right out the gate, the Cologne Regional Court didn't pull any punches. Speediance got their 'Gym Monster' design yanked from under AEKE over in Germany. Legal swords were drawn after Speediance spotted AEKE's fitness gear looking a bit too familiar at the FIBO trade fair. Somebody should've told AEKE that a tapped shoulder...

Continue Reading
CHiQ Secures AI Award, Elevates Smart Home Living

Updated Category News Views 2

CHiQ's Big Win in the AI Game In a world where technology rarely stops spinning, CHiQ has carved its own commendable niche. Snagging the AI Home Ecosystem Brand Award at IFA 2026 in Berlin, the brand's knack for pioneering AI tech isn't just a footnote—it's the whole story. The award—enough to make your competitors green with envy—highlights how far they've come in...

Continue Reading
PrimeBOT Shines at IFA 2026 with Innovative Awards

Updated Category News Views 6

A New Chapter in Home Robotics In today's tech-centric world, newcomers often confuse flash with substance. But every now and then, you catch a glimpse of something that might just change how the world spins. At this year's IFA 2026, PrimeBOT didn't just dip its toes into the limelight—it cannonballed right in, drumming up some serious buzz with its PrimeBOT T1 and...

Continue Reading
Midea's SpaceMaster Oven: Revolutionizing Home Pizza

Updated Category News Views 1

Oven Culture: Beyond Simple Baking When it comes to the kitchen, we're always promised more than we get. You know the spiel: the heart of the home, a place for traditions. But honestly? Most ovens are about as exciting as watching paint dry. Often too cramped, uneven, and a pain in the backside to preheat. But then, out of the burning blue, Midea comes along with their...

Continue Reading
Evolve & ELITEWHEELS: Shifting Gears in European Cycling

Updated Category News Views 2

Revving Up for the European Cycling Scene There's something about the open road and the whirr of wheels that gets blood pumping—maybe it's the competition, maybe it's the gear. Either way, this year's Italian Bike Festival is turning the Misano World Circuit into a battleground for cycling's elite, with evolve and ELITEWHEELS charging at the forefront. They're not just...

Continue Reading
Penetron Strengthens Midwest, Central USA Support Team

Updated Category News Views 3

Expansion of Penetron's Engineering Support Eyes are on the Midwest and Central USA as Penetron makes a strategic move to bolster their technical support dream team. They've snagged Sean Allison, a heavyweight with more than three decades' worth of grit and know-how from the construction battlefield. Sean, now stationed in the heart of America's Dairyland—Green Bay,...

Continue Reading

Top 5 Most Recently Viewed Articles

NexPoint Residential Trust 2025 Performance: The Real Deal

Updated Category News Views 166

NexPoint Residential Trust: A 2025 Deep Dive Let’s cut to the chase. NexPoint Residential Trust, Inc. (NYSE:NXRT) just wrapped up 2025 with a performance that's raising eyebrows. They’ve logged a net loss of $32 million—yeah, you heard that right—in stark contrast to the meager profit they pulled in last year. Reminds me of that wild time during the dot-com bust...

Continue Reading
American Integrity Insurance Launches New Domain for Growth

Updated Category News Views 174

American Integrity Insurance Introduces aii.com American Integrity Insurance Company, a prominent name in residential property insurance solutions, is excited to announce the launch of its new domain, aii.com. This development highlights the company's commitment to digital innovation and regional growth as it continues to set benchmarks for home insurance solutions across...

Continue Reading
Ace Hardware Celebrates Groundhog Day and YardRx's Success

Updated Category News Views 142

Ace Hardware Celebrates Groundhog Day 2026 Back for its second year, Ace Hardware helps homeowners prepare for yard care regardless of the forecast. As the Official Yard Care Sponsor of Groundhog Day, Ace Hardware has rejoined this festive occasion in Punxsutawney, Pennsylvania, underscoring the importance of planning ahead for lawn maintenance. The Launch of Ace YardRx...

Continue Reading
Benitec Biopharma: Advancements and Financial Insights in Q1 2026

Updated Category News Views 187

Significant Milestones in Benitec Biopharma's Journey Benitec Biopharma Inc. (NASDAQ: BNTC), a pioneering company in the biotechnology sector, focusing on innovative gene therapies, has recently made notable strides in its operations and financial health. The firm's foremost achievement includes the promising interim results from the Phase 1b/2a trial of their flagship...

Continue Reading
Vimeo Shares Q4 and Annual Highlights, Shows Exciting Growth Potential

Updated Category News Views 186

Vimeo Unveils Q4 Insights and Full Year Performance Vimeo has recently published its fourth-quarter and full-year insights for 2024, providing an overview that reflects the company's ongoing commitment to innovation within the video experience landscape. As a leader in this sector, Vimeo has strived to empower individuals and businesses alike in crafting high-quality...

Continue Reading