Light Media managed to grow Q4 2011 revenues by a factor of better than 50% and almost pulled off the feat again during Q1 2012, enjoying a 47.59% gain to $20,197.
However, costs were also up for the penny stock company, which among other things owns and operates WZBN-FM Albany GA.
Light says it made three major strides which will fire growth moving forward:
1. Attained Apple IOS Developer Certification, enabling development and deployment of iPhone/iPad Apps.
2. Three new product releases.
3. 24 new advertising partners.
Media CEO Danny Wilson stated, “Light Media continues to make great strides and progress on multiple fronts. Specifically: (1) Light Media is free to develop and deploy its own proprietary smartphone Apps; (2) Light Media is free to develop, sell and market its own products and services across its asset base; and (3) Light Media is free to creatively and seamlessly partner with advertisers across the Light Media Network. Synergy remains priority #1, and Light Media continues to closely tie together its platform products, technology and distribution in one seamless continuum and 2012 is proving to be another exciting year with more news to come.”