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Author Topic: LMMG
Dardadog
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I'm goin' in this one too....

>
MEMPHIS, Tenn., Dec. 23, 2004 (PRIMEZONE) -- Limelight Media Group, Inc.
(OTCBB:LMMG), a provider of out-of-home digital and promotional networks,
located in Memphis, TN announced today that it has entered into an agreement to
sell 5 million (5,000,000) restricted common shares at $0.30 per share to
American Marketing Complex (AMC) and 6,000 media exposures for a total of Three
Million Dollars ($3,000,000) of cash equivalent credits.

The cash equivalent credits may be used in combination with cash, to obtain, if
and when available, on a best efforts basis, certain goods and services used in
the daily ongoing business of Limelight as well as provide the potential to
satisfy certain other obligations of the Company from time to time.

Norman King, Chairman of American Marketing Complex stated, "We are pleased to
be working with Limelight and really excited about the future of the Company."

"This transaction, we believe, will strengthen Limelight, bolster its working
capital and address key operational issues during this challenging period,"
stated David V. Lott, President, Limelight Media Group, Inc. The Company has
filed an 8-K Regulation FD statement on this transaction.

About Limelight Media Group, Inc.

Limelight Media Group, Inc. (OTCBB:LMMG), headquartered in Memphis, TN, creates,
manages and supports out-of-home digital advertising and promotional networks.
The Company's digital media management system enables simultaneous delivery of
video content to a variety of remote audiences in real time, allowing for
immediate customization of messages through a centralized network operations
center. The company recently began expanding its efforts to include grocery,
retail, restaurant, and the hospitality industry.

This release includes projections of future results and "forward-looking
statements" as that term is defined in Section 27A of the Securities Act of 1933
as amended (the "Securities Act"), and Section 21E of the Securities Exchange
Act of 1934 as amended (the "Exchange Act"). All statements that are included in
this release, other than statements of historical fact, are forward-looking
statements. Although the management of Limelight believes that the expectations
reflected in these forward-looking statements are reasonable, they can give no
assurance that such expectations will prove to have been correct. Important
factors that could cause actual results to differ materially from the
expectations are disclosed in this release, including, without limitation, in
conjunction with those forward- looking statements contained in this release.

CONTACT:
Limelight Media Group, Inc.
David V. Lott, President
(866) 887-LIME (5463)

------------------
"The clever combatant imposes his will on the enemy, but does not allow the enemy's will to be imposed on him."
The Art Of War - Sun Tzu

"Do Da Due - But Be Damn Quick About It"
Da Art Of Daytrading - Dardadog


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Malloy
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In also.

GL


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robbob
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signaling
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Dardadog
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Bid/Ask the same. Buckle up......

------------------
"The clever combatant imposes his will on the enemy, but does not allow the enemy's will to be imposed on him."
The Art Of War - Sun Tzu

"Do Da Due - But Be Damn Quick About It"
Da Art Of Daytrading - Dardadog


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Dardadog
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That days high price of 0.039 isn't a resistance. It was a lone buy earlier after the news was released.

------------------
"The clever combatant imposes his will on the enemy, but does not allow the enemy's will to be imposed on him."
The Art Of War - Sun Tzu

"Do Da Due - But Be Damn Quick About It"
Da Art Of Daytrading - Dardadog


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Dardadog
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Then again, it could have been a signal and I could be full a chit.

------------------
"The clever combatant imposes his will on the enemy, but does not allow the enemy's will to be imposed on him."
The Art Of War - Sun Tzu

"Do Da Due - But Be Damn Quick About It"
Da Art Of Daytrading - Dardadog


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Dardadog
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Went in at 0.03 and out at 0.035. Gotta leave early today.

------------------
"The clever combatant imposes his will on the enemy, but does not allow the enemy's will to be imposed on him."
The Art Of War - Sun Tzu

"Do Da Due - But Be Damn Quick About It"
Da Art Of Daytrading - Dardadog


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robbob
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second wave a coming
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MamboTrader
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News Corrected ! It's better!

:

CORRECTION -- Limelight Media Group Completes $3,000,000 Transaction With American Marketing Complex; AMC to Purchase 5 Million Common Shares at $0.30 Cash Equivalent Per Share; AMC to Purchase 6,000 Media Exposures at $250 Cash Equivalent Per Exposure
Thursday December 23, 1:55 pm ET
please note that the 2nd subhead should have been '$250 Cash Equivalent per Exposure' rather than '$2.50 Cash ... ' as previously issued; the change is noted above


MEMPHIS, Tenn., Dec. 23, 2004 (PRIMEZONE) -- Limelight Media Group, Inc. (OTC BB:LMMG.OB - News), a provider of out-of-home digital and promotional networks, located in Memphis, TN announced today that it has entered into an agreement to sell 5 million (5,000,000) restricted common shares at $0.30 per share to American Marketing Complex (AMC) and 6,000 media exposures for a total of Three Million Dollars ($3,000,000) of cash equivalent credits.
ADVERTISEMENT


The cash equivalent credits may be used in combination with cash, to obtain, if and when available, on a best efforts basis, certain goods and services used in the daily ongoing business of Limelight as well as provide the potential to satisfy certain other obligations of the Company from time to time.

Norman King, Chairman of American Marketing Complex stated, ``We are pleased to be working with Limelight and really excited about the future of the Company.''

``This transaction, we believe, will strengthen Limelight, bolster its working capital and address key operational issues during this challenging period,'' stated David V. Lott, President, Limelight Media Group, Inc. The Company has filed an 8-K Regulation FD statement on this transaction.

About Limelight Media Group, Inc.

Limelight Media Group, Inc. (OTC BB:LMMG.OB - News), headquartered in Memphis, TN, creates, manages and supports out-of-home digital advertising and promotional networks. The Company's digital media management system enables simultaneous delivery of video content to a variety of remote audiences in real time, allowing for immediate customization of messages through a centralized network operations center. The company recently began expanding its efforts to include grocery, retail, restaurant, and the hospitality industry.

This release includes projections of future results and ``forward-looking statements'' as that term is defined in Section 27A of the Securities Act of 1933 as amended (the ``Securities Act''), and Section 21E of the Securities Exchange Act of 1934 as amended (the ``Exchange Act''). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although the management of Limelight believes that the expectations reflected in these forward-looking statements are reasonable, they can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this release, including, without limitation, in conjunction with those forward- looking statements contained in this release.

Contact:

Limelight Media Group, Inc.
David V. Lott, President
(866) 887-LIME (5463)


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EverGreen
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look a the 1Y chart and you will see where the target is
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Dardadog
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Screwed that up. Found it and played it wrong. Christmas shopping was expensive since I left so early. Good luck with it folks. Hope all did well.

------------------
"The clever combatant imposes his will on the enemy, but does not allow the enemy's will to be imposed on him."
The Art Of War - Sun Tzu

"Do Da Due - But Be Damn Quick About It"
Da Art Of Daytrading - Dardadog


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jugiproject
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this looks like a good play for monday, any prediction on how high it'll run?
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wannabe_trader
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oh my god!!! i screwed up!! sold for a stop loss 0.048 .. now the bid @ 0.1 .. it will blow!
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robbob
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Bought on the dip today. It is getting ready. 14 MM's with bids/ask at .06. She is getting ready to move
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MattM
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I also got in on the dip, anyone holding untill tom. ?
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