ATLANTA, Aug. 15, 2012 /PRNewswire/ -- Light Media
(OTC Markets: LGMH), Inspirational Media Specialist, announced
today its results for the quarterly-period ending June 30, 2012 as compared to the quarterly-period
ending June 30, 2011, as follows:
* Revenues were $23,916 as
of June 30, 2012 versus $21,405 for the quarterly-period ending
June 30, 2011 – an increase of
10.5%.
* Cost of sales were $7,481
as of June 30, 2012 versus
$5,938 for the quarterly-period
ending June 30, 2011.
* Selling, general and administrative expenses were
$18,229 as of June 30, 2012 versus $45,902 for the quarterly-period ending
June 30, 2011.
Five (5) Key LGMH Q2 2012 Media Platform Synergy
Accomplishments:
- Attained Android Developer Certification, enabling development
and deployment of Android Apps.
- 3 New Product Releases.
- 18 New Advertising Partners.
- Community Business Partners Program Deployment.
- Three (3) Key Strategic Alliances (Video, Radio and Music)
Under Negotiations.
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. 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.
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
PR
lightmedia123@gmail.com
SOURCE Light Media
