$LGMH Issues Corporate Credo - Yahoo! Finance http://finance.yahoo.com/news/light-media-issues-corporate-credo-123000547.html
Light Media Issues Corporate Credo
Company Outlines Commitment of Concurrent Responsibility
LGMH.PK 0.095 0.00
ATLANTA and NEW YORK, May 14, 2012 /PRNewswire/ -- Light Media (OTC Markets: LGMH), Inspirational Media Specialist, issued the following letter and Corporate Credo today:
DEAR CURRENT AND PROSPECTIVE SHAREHOLDERS OF LIGHT MEDIA:
As a private company, there are only so many friends and family who will support you, see/get your vision or even have the means, understanding or capacity to stand with you as you put in the time to achieve your goals. With that being said, at some point in every private company's life-cycle a decision will be made to find capital either via loans, divestitures, search for investors or as Light Media chose in 2009: to become a publicly-traded company.
For every positive thing that I heard about being public, I also heard negative things. I also read how Sarbanes-Oxley, cost of compliance, was driving many companies off of the major stock exchanges and into the OTC Markets and all of this right in the midst of the Great Recession. So, I looked at surveyed options and this is what I saw: Bank lending to small businesses at a halt, private investors scared to death of market turmoil after seeing their 401(k)s wiped out, and I thought, "if so many small, medium and large companies can trade via OTCMarkets.com and make it work (over $500mm in trading volume), then why not LGMH?" So, I took the necessary steps to invest the substantial time and resources to file an application with FINRA and go through the rigorous FINRA due diligence process in order to be granted a stock ticker symbol, with the hope of being able to rise above the fray. On January 14, 2010 after seven (7) months of arduous review, FINRA granted Light Media the stock symbol identified as: LGMH.
Light Media became a public company for three (3) primary reasons: (1) to be able to raise capital; (2) to be able to complete mergers and acquisitions; and (3) to be able to maximize corporate value, community well-being and shareholder wealth. There are no other reasons, and these are the three (3) primary purposes of Light Media being public today, which are also three key reasons for being a publicly-traded company listed on websites which prescribe services to take companies public, and also noted by academics, investment banks, etc.
However, what I have seen real-time over the past 2 years of being a micro-cap, publicly-traded company is that the race is more often won by those who do endure. I have also watched many companies recklessly abuse their Stock Symbol ("privilege") and that abuse has not only destroyed those companies ultimately, but also their destruction has had a negative impact on all micro-caps, who are trying to use the OTC Markets platform for its intended purpose: to help companies grow, generate jobs, etc., etc.
As such, I decided to write a Corporate Credo for Light Media (see below) which will hopefully give current and prospective shareholders some guidance or insight as to how Light Media will work around the clock to operate as a publicly-traded company and a good steward of the Stock Symbol privilege granted by FINRA, to be able to have common stock trade and be in position: (1) to be able to raise capital; (2) to be able to complete mergers and acquisitions; and (3) to be able to maximize corporate value, community well-being and shareholder wealth. Importantly, please know that I have always seen the OTC Markets as a first-step/stepping stone, for graduation to a higher stock exchange or trading level. However, in all things, crawling before walking is a path and these are just initial first steps of Light Media, as we continue the trek to higher ground.
Thank you for taking the time to read this correspondence, as well as for your support, and for thinking of Light Media as a part of your diversified investment portfolio. My goal now is to more closely align not only with strategic partners, but also with shareholders and community stakeholders who too believe and see the vision to: use inspirational and enlightening multi-media products, technology and distribution platforms, as powerful tools to maximize corporate value, community well-being and shareholder wealth.
Sincerely,
Danny Wilson, CEO
OTC Markets: LGMH
www.LightMediaHoldings.com
Light Media PR
lightmedia123@gmail.com
Light Media (OTC Markets: LGMH)
CORPORATE CREDO
I. LIGHT MEDIA IS AN INSPIRATIONAL MEDIA SPECIALIST AND WILL ALWAYS BEAN INSPIRATIONAL MEDIA SPECIALIST.
II. UNLESS A MATERIAL CORPORATE DEVELOPMENT ARISES, REQUIRING IMMEDIATE DISSEMINATION, LIGHT MEDIA WILL AVOID THE ISSUANCE OF MORE THAN TWO (2) PRESS ANNOUNCEMENTS PER WEEK.
III. LIGHT MEDIA WILL NEVER INITIATE AND WILL NEVER AUTHORIZE INITIATION OF A REVERSE SPLIT OF ITS COMMON STOCK.
IV. LIGHT MEDIA WILL NOT DESTROY ITS PUBLIC FLOAT AND WILL NOT DILUTE ITS LOYAL SHAREHOLDERS OUT OF EXISTENCE BY RECKLESSLY AUTHORIZING AND/OR ISSUING BILLIONS OF SHARES.
V. LIGHT MEDIA WILL MAKE NEWS ANNOUNCEMENTS THAT ARE RELEVANT, VERIFIABLE AND OF GENUINE INTEREST TO ITS SHAREHOLDERS AND THE INVESTMENT COMMUNITY.
VI. LIGHT MEDIA WILL NOT ASSOCIATE OR IMMEDIATELY DISASSOCIATE WITH ANY INDIVIDUALS, INSTITUTIONS OR ENTITIES OF QUESTIONABLE CHARACTER, MORALITY OR ETHICS.
VII. LIGHT MEDIA WILL BE PRUDENT, PATIENT AND STRIVE FOR PERFECTION IN ACHIEVING GOALS OR MAXIMIZING OPERATIONAL EFFICIENCY AND EFFECTIVENESS.
VIII. LIGHT MEDIA WILL STRIVE TO BE THE BEST PUBLICLY-TRADED COMPANY POSSIBLE, AND USE THE OTC MARKETS OR PUBLIC-MARKETS INVESTMENT PLATFORM AS A TOOL TO MAXIMIZE CORPORATE VALUE, COMMUNITY WELL-BEING AND SHAREHOLDER WEALTH.
IX. LIGHT MEDIA WILL WORK RELENTLESSLY TO MAXIMIZE CORPORATE VALUE, COMMUNITY WELL-BEING AND SHAREHOLDER WEALTH, VIA HARD WORK, PERSEVERANCE, FULFILLMENT OF GOALS AND DEPLOYMENT OF STRATEGIES WHICH ARE LONG-TERM ACCRETIVE.
X. LIGHT MEDIA WILL COMPETE VIGOROUSLY AND FAIRLY, AS A GOOD STEWARD AND SOCIALLY-RESPONSIBLE INSPIRATIONAL MULTI-MEDIA CONGLOMERATE, FOCUSED ON MAKING A POSITIVE DIFFERENCE IN THE GLOBAL COMMUNITY, ADVANCING GOODWILL AND THE COMMON GOOD.
ADOPTED: MAY 14, 2012
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.
Monday, May 14, 2012
Sunday, May 13, 2012
QASP - Quasar Aerospace Industries, Inc
Quasar Aerospace Industries, Inc., an integrated aviation company, engages in providing flight training instructional services to individuals seeking a private pilot license. It operates a flight school at Herlong Airport in Jacksonville, Florida; and a flight school at Colorado Spring Municipal Airport in Colorado Springs, Colorado. The company also operates a Computer Assisted Test Center, which provides testing services for flight students and other vocational trades; and Certified Cessna Pilot Center, as well as partnered with Mountain State University to offers aviation education and training services to students. In addition, it provides aircraft repair, maintenance, and inspection services to the private sector. The company was formerly known as Quasar International Holdings, Inc. and changed its name to Quasar Aerospace Industries, Inc. in December 2010. Quasar Aerospace Industries, Inc. was founded in 2004 and is based in Jacksonville, Florida.
QASP Key Company Management
Mr. Joseph C. Canouse has been Chief Executive Officer and President at Quasar Aerospace Industries, Inc. since April 2011. Mr. Canouse founded J.P. Carey, Inc. in 1995 and J. P. Carey Securities, Inc. and serves as its President. He serves as President of J.P. Carey, Inc. At J. P. Carey, Inc. and its various successor companies, Mr. Canouse assisted in financing small companies for the past 13 years, raising over a billion dollars. He served as Chief Executive Officer and President of Trophy Resources, Inc. since November 26, 2007. He has years of experience in finance and consulting publicly traded companies and has built it into a respected global investment banking firm. As Trophy's visionary, he has spearheaded innovative and creative financing solutions for more than 100 U.S. publicly traded and privately held companies, and was responsible for raising more than $2 billion through debt and equity financing. He has acted as a consultant for public companies including True Religion. Mr. Canouse served as executive vice president of Discovery Capital Group, Inc., a Winter Park, Fl., broker/dealer. He also was instrumental as Creator and Developer of the international sales department while Vice President of sales at Josephthal, Lyon and Ross, an Atlanta based brokerage firm.He serves as director of qusar aerospace industries incHe served as Financial Analyst at NCR Corporation. He served as Director of Trophy Resources, Inc. since November 26, 2007. A 1986 graduate of Stetson University, Mr. Canouse holds a B.A. Degree in Business Administration.
Quote:
March 15, 2012
Dear Shareholders:
On behalf of the Quasar Aerospace Industries, Inc. (the “Corporation”) we want to address numerous inquires we have received as to available remedies for common shareholders that were mislead by former management in respect to a purported swap of shares of the Corporation. It is our understanding that subsequent to the former CEO’s removal as an officer and director of the Corporation on January 27, 2011, the former CEO and representatives of him alleged an arbitrary cutoff date for said swap.
While the Corporation, its officers and directors were not part of these actions and efforts, we have become aware of them in small parts over the course of the last year. The Corporation has also seen the deleterious effects this has had on the Corporation, its shareholders, its stock price and relationships it has and had with various service providers, vendors and debtors of the Corporation. This includes the recent maneuvers by two former CEO’s in Court which led to a Court Order forcing a shareholder’s meeting. In spite of the Court’s directives the two former CEO’s are now failing to comply with said Order and have subsequently plead to the Court to reverse the Court ruling to no avail.
We do not have a definitive plan as we do not have all the facts in regards to stock swaps, cutoff date(s), private communications to some “select” shareholders regarding the buying and selling of the Corporation’s stock. It has come to our attention that these shareholders were told explicitly not to buy the stock after the record date and subsequently told to sell. The Corporation at this point would like to hear from you as a shareholder. Please supply the Corporation with specific information as to what harm you have suffered by what we will refer to as the “Stock Swap Group.”
Additionally, please provide the Corporation with details of shares held and what factors weighed in on your decision to buy or hold the stock in regards to directives or communications from the Stock Swap Group. When you bought the stock and average prices and if you have sold since then or currently hold. If you have any information that corroborates a claim you think you may have, please send it to the following:shareholdersgroup@quasaraerospaceindustries.com.
Lastly, if you sent any money to the former CEO for legal bills or any other costs, we would appreciate those details as well. The Corporation will then determine what actions it can take on behalf of its shareholders or recommend an action that may be suitable to you.
Sincerely and on behalf of Quasar,
Joseph C. Canouse, CEO
Contact Info
Quasar Aerospace Industries, Inc.
9300 Normandy Boulevard
Suite 502
Jacksonville, FL 32221
Email: ir@quasaraerospaceindustries.com
Website: www.quasaraero.com
Facebook: http://www.facebook.com/pages/Quasar-Aerospace-Industries-Inc/146434125485747
QASP Recent Developments
May 8, 2012 CATS Application Approved, Management Change, Conference Call
Quote:
the Corporation is re-scheduling its previously announced conference call for shareholders and the investment community from May 9, 2012 to Wednesday, May 16, 2012, at 2:30 p.m. EDT. For both U.S. and international callers to participate, dial +1 (712) 432-0900, then enter the participant access code, 497592#, when prompted. Participants are encouraged to access the call at least five minutes before it is to begin. A playback of the call will be available later at +1 (712) 432-0990.
Please submit any and all questions to ir@quasaraerospaceindustries.com so that we may address as many questions as possible during the conference call.
Quote:
Mr. William F. "Bill" Cirmo II has been nominated to serve as Chief Operating Officer and would oversee the flight training and ground operations for all subsidiaries. Mr. Henderson is no longer with the Corporation and, in accordance with his employment agreement, has resigned from all positions in Quasar and its subsidiaries.
William Cirmo started his aviation career in 1977 when he was awarded his Wings of Gold as an Aviator for the US Navy. Mr. Cirmo served as a combat Naval Aviator while flying the Lockheed P-3C Orion aircraft as Patrol Plane Commander and Mission Commander. He made several overseas deployments to Sicily, Iceland, Spain, Portugal and several South American countries. While serving as a flight instructor flying the T-34C Turbo Mentor, Mr. Cirmo was twice awarded a navy Commendation medal for outstanding performance of his duties. He was selected on several occasions as the squadron Instructor of the Month and the Training Air Wing 5 Instructor of the Quarter. He is qualified as a CFI, CFII and MEI. He was recently awarded distinction as a FAA Gold Seal Instructor.
The Corporation's subsidiary A-Cent Aviation, Inc., (A-Cent) is proud to announce that its application has been approved to be a Computer Assisted Testing Service (CATS) in Jacksonville, Florida. CATS allows A-Cent to administer the highest quality computer-based knowledge examinations within a quiet and conducive testing environment that is under strict security controls. A-Cent's CATS facilities provide candidates with conveniently located test sites and its Herlong Airport site is the only CATS facility in the local area.
Apr 25, 2012 Quasar Aerospace to expand CATS testing centre
Apr 24, 2012 Quasar Applies to Be an FAA CATS Testing Center and Schedules Conference Call
Apr 19, 2012 Quasar Achieves Mass Visibility at First Coast School Expo
Apr 11, 2012 Quasar Applies to Meet Demand for Foreign Students
Mar 12, 2012 Quasar Providers Fuel Revenue
Headlines
http://finance.yahoo.com/q/h?s=QASP.PK+Headlines
QASP Products & Services
Current Focus
The acquisition of the FAA Part 141 Flight School will allow Quasar to meet the growing demand for trained commercial pilots and the following:
*Ability to capture revenue from third parties including Veterans Administration and governments sponsored student loans;
*Recruit flight students from around the world;
*Contemplate training of foreign students will be sponsored and paid for by a foreign government with the potential to train approximately 30 new students a month at a fee of $55,000 each.
*The FAA testing center which is licensed through the Computer Assisted Testing Service (CATS) that will allow us to receive additional revenue by administering the aeronautical knowledge test.
*Corporate Air Repair is beginning to start classes on aircraft systems and preventative maintenance as prescribed in 14 CFR Part 43 Appendix A.
*After being held in a holding que for a better part of two years, it will be approximately one year and AAI will have the FAA begin the inspection phase for the Air Agency Certificate.
*There are a few aviation opportunities that have presented themselves to QAI, one of which involves wholesale aircraft parts; that will bring QAI to a new level.
*There is a potential airport that can be leased from a county in Florida that would allow QAI to facilitate as an academy for our international students and open the doors for immediate expansion.
*QAI could potentially become a F.B.O. operator, rent hangars and tie-downs, sell fuel, operate a gun range, and build a moto-sports complex that would include activities from flying to off road vehicles, fishing and camping.
*To continue the expansion of Atlantic Aviation’s flight training program.
QASP Financial Reporting/Disclosure & Security Details
OTC Pink™ Current Information
Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Markets Group Guidelines for Providing Adequate Current Information (pdf) are designated as OTC Pink Current Information.
QASP follows under these guidelines on the OTC Pink current information market tier.
Investigate more @ http://www.otcmarkets.com/stock/QASP/quote for more due diligence.
QASP Share Structure
Market Value1 $2,874,416 a/o May 11, 2012
Shares Outstanding 8,710,352 a/o Apr 27, 2012
Float 4,113,699 a/o Apr 27, 2012
Authorized Shares 3,000,000,000 a/o Apr 27, 2012
Par Value 0.00001
Shareholders
Shareholders of Record 304 a/o Apr 27, 2012
Security Notes
New Issue=9-77 2,500,000 shs at 20 cents by C.E. Carlson & Co.
Capital Change=5-1-87 shs decreased by 1 for 10.8909 reverse split
Capital Change=shs decreased by 1 for 200 split Pay date=07/19/2004.
Capital Change=shs decreased by 1 for 1000 split. Pay date=02/01/2012.
Short Selling Data
Short Interest 0 (-100%)
Mar 15, 2012
Significant Failures to Deliver No
Transfer Agent(s)
Computershare Trust Company, Inc. with a business
address of 350 Indiana Street, Suite 750, Golden, CO 80401.
Financial Reporting/Disclosure
Reporting Status Alternative Reporting Standard
Audited Financials Not Available
Latest Report Mar 30, 2012 Annual Report
Regulatory Agency Not Available
CIK 0001464685
Fiscal Year End 12/31
OTC Market Tier OTC Pink Current
Profile Data
SIC - Industry Classification 3721 - Aircraft
Business Status Development Stage Company a/o Jun 30, 2006
Incorporated In: CO, USA
Year of Inc. 2004
Company Notes
Formerly=Equus Resources, Inc. until 6-2009
Formerly=Forst Hunter International Trade Corp. until 7-04
Formerly=Hunter International Trade Corp. to 5-87
Apr 25, 2012 Attorney Letter with Respect to Current Information Dec 31, 2011
http://www.otcmarkets.com/financialReportViewer?symbol=QASP&id=79358
Mar 30, 2012 Annual Report - Appendix B Dec 31, 2011
http://www.otcmarkets.com/financialReportViewer?symbol=QASP&id=76661
Mar 30, 2012 Annual Report - Appendix A Dec 31, 2011
http://www.otcmarkets.com/financialReportViewer?symbol=QASP&id=76648
Mar 30, 2012 Annual Report Dec 31, 2011
http://www.otcmarkets.com/financialReportViewer?symbol=QASP&id=76647
Before You Invest - Investigate! Always do your own due diligence
A critical part of the due diligence: Please be aware, that upon completion of in-depth due diligence there is still a risk factor in all forms of investing.
Please note not all company websites are updated on a regular basis so you should use additional content sources to ensure accuracy.
Resources used in this post: otcmarket.com, www.bloomberg.com, www.finance.yahoo.com, QASP website
Friday, May 11, 2012
$LGMH Releases PrayerMail App in iTunes
Light Media Releases PrayerMail App in iTunes
LGMH.PK 0.095 0.00
ATLANTA and NEW YORK, May 11, 2012 /PRNewswire/ -- Light Media (LGMH.PK), Inspirational Media Specialist, announced today that it has officially released PrayerMail App for iPhones/iPads. PrayerMail is now available for downloading on iPhones and iPad devices from the Apple iTunes Store by clicking here: PrayerMail or via copying/pasting the following link in your web-browser: http://itunes.apple.com/us/app/prayermail/id523509884?mt=8.
"Light Media made the strategic decision to develop its own smartphone Apps, as a licensed Apple IOS Developer, in order to remain on pace with rapidly evolving technology trends. With 50.4% of all cellphone subscribers owning smartphones (and rising), per a May 2012 Nielsen research report, Apps will continue to be an important part of organic brand-building and positioning solidification for customer-centric enterprises--especially with over 156 million iPhones and iPads (and growing) now in use worldwide. Facebook's recent acquisition of Instagram (Photo-Sharing App) for $1 Billion also provided a good strategic blue-print for how Apps can be relatively cost-effective and efficient technology tools for transforming markets.
Parallel with the successful launch of PrayerMail App in iTunes, PrayerSpace.com, PrayerWall.com, PrayerMail.com, PrayerMail.net and PrayerMail.org have now all merged traffic to send visitors directly to the Apple iTunes Store PrayerMail page leveraging viral traffic of the Light Media Network. PrayerMail is now being further customized for the Android Apps Store, and once completed, Light Media's engineers will begin working on additional proprietary Inspirational Media Lifestyle Apps. Light Media, Inspirational Media Specialist, remains focused and committed to maximizing corporate value, community well-being and shareholder wealth," said Danny Wilson, CEO of Light Media. Acts 5:33-39.
About PrayerMail: The mission of PrayerMail is to advance the Power of Prayer Worldwide. PrayerMail is also a Supporter of the National Day of Prayer and the Prayer for Peace in Jerusalem Initiative. For more information and to download the PrayerMail (24/7) and to share with family, friends and loved ones, please visit: www.PrayerMail.com; www.PrayerWall.com; or www.PrayerSpace.com or via the Apple iTunes Store at: http://itunes.apple.com/us/app/prayermail/id523509884?mt=8. Light Media is an authorized/certified Apple IOS Developer (authorized to develop and place its own developed Apps in the Apple iTunes Store). PrayerMail is the first iPhone/iPad compatible App developed in-house by Light Media.
About iTunes Apps Store: The apps that come with your iPhone and iPad are just the beginning. Browse the App Store to find hundreds of thousands more. The more apps you download, the more you realize there's almost no limit to what your iPhone and iPad can do. For more information, please click/copy/paste the following link in your web-browser: http://www.apple.com/iphone/from-the-app-store/
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: 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.
Contact:
Light Media PR:
lightmedia123@gmail.com
LGMH.PK 0.095 0.00
ATLANTA and NEW YORK, May 11, 2012 /PRNewswire/ -- Light Media (LGMH.PK), Inspirational Media Specialist, announced today that it has officially released PrayerMail App for iPhones/iPads. PrayerMail is now available for downloading on iPhones and iPad devices from the Apple iTunes Store by clicking here: PrayerMail or via copying/pasting the following link in your web-browser: http://itunes.apple.com/us/app/prayermail/id523509884?mt=8.
"Light Media made the strategic decision to develop its own smartphone Apps, as a licensed Apple IOS Developer, in order to remain on pace with rapidly evolving technology trends. With 50.4% of all cellphone subscribers owning smartphones (and rising), per a May 2012 Nielsen research report, Apps will continue to be an important part of organic brand-building and positioning solidification for customer-centric enterprises--especially with over 156 million iPhones and iPads (and growing) now in use worldwide. Facebook's recent acquisition of Instagram (Photo-Sharing App) for $1 Billion also provided a good strategic blue-print for how Apps can be relatively cost-effective and efficient technology tools for transforming markets.
Parallel with the successful launch of PrayerMail App in iTunes, PrayerSpace.com, PrayerWall.com, PrayerMail.com, PrayerMail.net and PrayerMail.org have now all merged traffic to send visitors directly to the Apple iTunes Store PrayerMail page leveraging viral traffic of the Light Media Network. PrayerMail is now being further customized for the Android Apps Store, and once completed, Light Media's engineers will begin working on additional proprietary Inspirational Media Lifestyle Apps. Light Media, Inspirational Media Specialist, remains focused and committed to maximizing corporate value, community well-being and shareholder wealth," said Danny Wilson, CEO of Light Media. Acts 5:33-39.
About PrayerMail: The mission of PrayerMail is to advance the Power of Prayer Worldwide. PrayerMail is also a Supporter of the National Day of Prayer and the Prayer for Peace in Jerusalem Initiative. For more information and to download the PrayerMail (24/7) and to share with family, friends and loved ones, please visit: www.PrayerMail.com; www.PrayerWall.com; or www.PrayerSpace.com or via the Apple iTunes Store at: http://itunes.apple.com/us/app/prayermail/id523509884?mt=8. Light Media is an authorized/certified Apple IOS Developer (authorized to develop and place its own developed Apps in the Apple iTunes Store). PrayerMail is the first iPhone/iPad compatible App developed in-house by Light Media.
About iTunes Apps Store: The apps that come with your iPhone and iPad are just the beginning. Browse the App Store to find hundreds of thousands more. The more apps you download, the more you realize there's almost no limit to what your iPhone and iPad can do. For more information, please click/copy/paste the following link in your web-browser: http://www.apple.com/iphone/from-the-app-store/
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: 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.
Contact:
Light Media PR:
lightmedia123@gmail.com
Tuesday, May 8, 2012
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Monday, May 7, 2012
Light Media Divests Ownership Stake In ChristianCapitalFund.com
Light Media Holdings, Inc.
LGMH.PK 0.10 0.00
ATLANTA and NEW YORK, May 7, 2012 /PRNewswire/ -- Light Media (LGMH.PK), Inspirational Media Specialist, announced today that it has entered into an agreement for the strategic divestiture of a minority ownership stake in the following non-core Light Media Network digital asset: ChristianCapitalFund.com.
"Light Media owns 88 premium web-properties. 90% of Light Media's web-properties were acquired prior to becoming a publicly-traded company. ChristianCapitalFund.com ("CCF") was acquired in 2006, after researching and discovering that there were "zero" investment/venture capital funds specifically for supporting and advancing inspirational products, services and ideas. As such, the original idea was that Light Media would be a catalyst for this space and use CCF as a vehicle to spur investment activity into the estimated $9 Billion inspirational media and entertainment space.
Light Media will continue to strategically right-size and fully/partially divest of any digital real estate that is not central to the Light Media Network or of significance to operating as the 20th publicly-traded radio/multi-media conglomerate in the United States. Divestitures will enable reinvestment in multi-media synergy, mergers and acquisitions," said Danny Wilson, CEO, Light Media.
About Christian Capital Fund: Christian Capital Fund has the mission to help entrepreneurs, small businesses and ministries source capital for projects, ideas and opportunities which edify lives, uplift the community, spread the Good News and advance the common good. For More information, please visit: www.ChristianCapitalFund.com.
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 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
lightmediapr@yahoo.com
LGMH.PK 0.10 0.00
ATLANTA and NEW YORK, May 7, 2012 /PRNewswire/ -- Light Media (LGMH.PK), Inspirational Media Specialist, announced today that it has entered into an agreement for the strategic divestiture of a minority ownership stake in the following non-core Light Media Network digital asset: ChristianCapitalFund.com.
"Light Media owns 88 premium web-properties. 90% of Light Media's web-properties were acquired prior to becoming a publicly-traded company. ChristianCapitalFund.com ("CCF") was acquired in 2006, after researching and discovering that there were "zero" investment/venture capital funds specifically for supporting and advancing inspirational products, services and ideas. As such, the original idea was that Light Media would be a catalyst for this space and use CCF as a vehicle to spur investment activity into the estimated $9 Billion inspirational media and entertainment space.
Light Media will continue to strategically right-size and fully/partially divest of any digital real estate that is not central to the Light Media Network or of significance to operating as the 20th publicly-traded radio/multi-media conglomerate in the United States. Divestitures will enable reinvestment in multi-media synergy, mergers and acquisitions," said Danny Wilson, CEO, Light Media.
About Christian Capital Fund: Christian Capital Fund has the mission to help entrepreneurs, small businesses and ministries source capital for projects, ideas and opportunities which edify lives, uplift the community, spread the Good News and advance the common good. For More information, please visit: www.ChristianCapitalFund.com.
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 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.
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