Hot Cinema For All Movie Lovers - Change contact i

In the "Hot Cinema For All Movie Lovers," where can I change the contact info. Presently it reads...

Lorem Ipsum 25
New York
NY
10000
USA

..And how can I change the requirement for submitting a contact request.

Thanks for your time. I am rather new to Joomla so a detailed response is appreciated.

In Components->Contacts->Contacts , then you can edit demo contact. Besides content area you will see where you can write any content, contact details are edited in right panel settings in "Contact Details Tab"

Thanks for the quick reply.