DALLAS, TX -- (NewMediaWire - Apr 13, 2017) - LIG Assets,
Inc. (OTC
PINK: LIGA)
LIG Assets, Inc. (LIGA) Chairman of the Board, Aric Simons,
addresses LIGA shareholders about the past, present and future
developments of the Company
LIGA Now Listed as "OTC Pink Current Information" at
OTC Markets
LIG Assets, Inc. (OTC
PINK: LIGA) (also known as the "Leader in Green Assets" or
"LIGA") Chairman of the Board, Aric Simons, today released a letter
to shareholders providing further details of LIGA's past, present
and future developments, significant accomplishes and the
fundamental changes that have and will continue to be implemented
at the corporate and operational levels of the Company.
To My Fellow Shareholders from Chairman Aric
Simons:
First of all I would like to personally and sincerely thank each
of my fellow shareholders for their unwavering support, patience
and confidence in LIGA. My primary goal is to reward your
confidence in LIGA by continuing the Company's growth and expansion
in a manner that maximizes our return and your investment. LIGA is
currently undergoing a complete and comprehensive corporate
turn-around and rebranding at all levels of leadership and
operations and we are preparing for rapid expansion, which will be
explained below and in future communications.
LIGA stock has experienced exponential growth and some investors
who have not been in touch for a while have inquired about the
cause. The short answer is our hard work is paying off. Starting
with the LIGA 2016 - Sustainability Impact Conference and the
exposure and credibility we received from the actual demonstration
and use of our products and technologies at the conference, expos
and at various presentations over the last 6 months. In addition,
we were able to personally meet over 70 shareholders / investors
who were able to touch and witness actual demonstrations of all of
the various machines, products and materials we presented at the
conference. It also provided several of our shareholders and
partners the unique opportunity to "meet and greet" each other in
person -- including famed environmentalist Robert Plarr.
With that in mind, as Chairman of the Board, I want to share
with you today the vision we have that I believe will prove our
name to be true: Leader in Green Assets. These facts are
underscored by the business
highlights and management
commentary (below), which was released concurrently with
the Company's annual 10K this past Friday. I'm going to amplify
upon this today.
LIG Assets, Inc. is truly a Company owned by its shareholders;
it is important to note that approximately 75% of the stock is held
by new & long term shareholders that are committed to holding
their shares for the long term and we've been in contact about
locking up substantial amounts of LIGA stock with a firm commitment
to retain those shares. The share structure has been
strengthened from past practices and will continue to be
consolidated by future action.
LIGA now operates as a state-of-the-art collection of resources,
personnel, assets and opportunities that, if managed properly with
prudent reinvestment of capital, will produce substantial returns
for the Company and its shareholder owners. Changes with the
Company's management team, operational capabilities and objectives
have taken place since my appointment as the Chairman of the Board.
I believe additional changes required to improve performance,
potential and corporate value are needed in the immediate future
and LIGA now has the resources, qualified leadership, business plan
and capabilities to implement those changes and realize significant
improvement in all of those areas.
As Chairman of the Board for LIG Assets, Inc., I have for the
benefit of the Company and our shareholders, personally engaged
independent advisors to conduct a complete forensic review of
literally all aspects of the Company's operations -- including but
not limited to, corporate structure, business plans, management
capabilities and performance as well as our future objectives and
the resources, personnel and efforts needed to achieve them as well
as the complete rebranding of LIGA as a viable and profitable
enterprise. I also intend to be as detailed and transparent beyond
standard and required reporting for all communications with LIGA
shareholders -- now and in the future. I have already undertaken
and/or will immediately begin undertaking the following actions on
behalf of LIGA, its shareholders and our collective future and
prosperity:
[1] I am pleased to announce the company is moving its corporate
headquarters to former Vice-President of the United States, Al
Gore's hometown of Carthage, TN, which is just outside of Nashville
-- incidentally the hottest real estate market in America and
currently "ground zero" for the global green, renewable and
sustainable movement where many of the sector's primary leaders and
organizations are based. Many of them have already expressed
extreme interest in LIGA's vision and resources, LIG Assets,
currently headquartered in Ennis, Texas, will move to 110 3rd
Avenue West, Carthage, TN 37030. The move is planned to be
completed by the end of spring 2017. Our new corporate offices will
include a new phone number and greatly enhanced social media
presence to further improve our level of communication and
relationship with our shareholders and the investment
community.
LIGA's expanding presence across North America and our optimism
about LIGA's future opportunities for growth have caused us to look
for a more centralized location for our corporate
operations. The new headquarters will offer greater
accessibility and collaboration opportunities for LIGA by being
based in the hottest real estate market in America and at the
epicenter of the global green and sustainable movement. This move
will allow us to retain and attract the best talent to serve our
clients, while giving us greater flexibility to facilitate our
corporate expansion strategies.
Our new approximate 8,600 square foot headquarters will become
home to LIGA's new retail concept and then we plan on building our
own headquarters using Robert Plarr's technology over the next
year, with planned completion in 2018. In conjunction with the move
to Nashville, LIG Assets, Inc. plans to open new bank accounts at
First Tennessee Bank, which we have established a relationship that
will optimize our financial capabilities.
[2] Our new Corporate Headquarters in the greater Nashville
metropolitan area will also feature a retail outlet which will sell
the health and well-being products such as our
oxygenating/hydration water machine, hydrogen ventilator and
medicinal mushroom mixtures. These products are currently
being sold by representatives of LIGA and Robert Plarr mostly in
the South and California. Sales have been very successful to
date which will be reported on the books in the second quarter of
this year and the Carthage Tennessee retail outlet will be the
first retail store of many to come that will feature LIGA
products. The health products division of the Company has
provided a good revenue stream for LIGA as we soon will begin to
realize revenue from the bigger ticket items such as building
materials and real estate development in the near future.
[3] As part of our ongoing efforts to dramatically increase
LIGA's resources, opportunities and potential, the Company has
partnered with some interested LIGA shareholders and one of the
nation's most unique business development and consulting groups
that specializes in small cap public companies to seek and maximize
opportunities for the future growth of LIGA as the Company
transforms into a leader in building and health sustainability. The
group's primary focus and responsibility will be the re-structuring
of new companies and select business opportunities brought into the
LIGA system, whether Private or Public, to enhance the value of
LIGA and ultimately create dividends and other opportunities for
LIGA shareholders. This is a unique approach we have undertaken
that will be the future for building real companies under the LIGA
brand. In addition, our new partners and large investors will
assist in identifying and securing joint partnerships, mergers and
acquisitions of companies with the intention to successfully
accommodate subsidiaries, IPO's and spin-off's and as stated above,
dividends for LIGA shareholders under the LIGA brand and corporate
umbrella, as well as additional "in-house" investment
considerations and opportunities for our shareholders and the
investment community.
These groups and partners have already provided our Company with
several viable candidates we are currently negotiating with to
secure partnerships, mergers, IPO's and acquisitions, and the
progress of those developments will be announced in the near
future. This strategic group of investors is so confident in the
future of LIGA and so adamant in their support of the Company and
our potential that they have already purchased several hundred
million shares of LIGA common stock on the open market with plans
for continuing to acquire additional amounts of stock. I believe
that these independent, highly qualified individuals we have
partnered with can empower LIGA to ensure the stock is properly
aligned with its market value. As a shareholder myself, I am
excited that individuals of this caliber have stepped forward to
assist in our efforts. Their belief in the extraordinary potential
of LIGA is demonstrated by their substantial investment, guidance,
contributions and efforts they have already made in the Company and
its stock. As always, we truly value every LIGA shareholder and
appreciate input and suggestions from all. That is part of the
reason we are determined to enhance the means of communication that
I outlined above.
[4] We have entered into consulting agreements and partnerships
to specifically ensure to our shareholders and the investment
community, that every contract, joint venture and strategic
partnership is properly handled to maximize the value to LIGA and
ultimately to our shareholders while maintaining the highest level
of integrity and transparency. The purpose of these actions under
the direction and assistance of our recent partnership with BGTV
Direct - Worldwide Media Solutions, will be to more effectively get
our story, corporate mission and investment potential out to the
masses on a global scale.
[5] As Chairman for LIG Assets, I have personally engaged a
group of SEC experts to ensure that there are no improper or
illegal stock transactions and that the integrity of the stock
structure is secure. Our shareholders should feel safe knowing
that we are taking proactive measures to ensure that your
investment will not be adversely affected by some of the
inappropriate actions sometimes witnessed in the OTC
market. As a practicing attorney for almost 30 years, I will
personally see that any illegal or improper trading will be
aggressively litigated and LIGA will seek remedial action against
any individuals or entity that attempts such activity that may
improperly de-value the stock in any manner. Although we are
listed as an OTC market, my intention is to operate this Company to
a higher standard typical of a NASDAQ or NYSE listed
company. As we continue to grow, my hope is someday to achieve
the levels of capitalization that warrant listing on these
exchanges.
In our 2017 fiscal year, we anticipate that we will be able to
recognize substantial revenues as we meet GAAP requirements for
revenue recognition for several of our properties, partnerships and
various business ventures. I encourage every LIGA shareholder and
all interested parties to visit our corporate
website www.LeaderinGreenAssets.com to subscribe to our
LIGA Investor Newsletter to stay abreast of the exciting
developments about to take place with the Company. I would
like every shareholder to know that you are part of a Company that
operates with integrity and operates in a manner that is not only
profitable, but also contributes to the health and well-being of
the planet and future generations.
Thank you again for your continued support of LIGA.
Sincerely,
Aric Simons - Chairman of the Board
LIG Assets, Inc.
About LIG Assets, Inc.
LIG Assets, Inc. in association with Robert Plarr is the
emerging "Leader in Green Assets" -- is focused on exclusive green,
renewable energy and sustainable homes, living systems,
technologies and components to be utilized in the residential and
commercial real estate acquisition and development projects
currently under way and now individual product sales, as well as
rapid expansion into other sectors via acquisitions, mergers and
joint venture partnerships. LIG Assets, Inc. trades on the pink
sheets under the ticker symbol "LIGA."
For additional information about LIG Assets, Inc., Robert Plarr,
and/or more information about and how to purchase Plarr's exclusive
homes, structures, products and technologies or to subscribe online
to LIGA's free Shareholder Newsletter for regular updates and
alerts regarding important Company developments, please visit the
Company's website at www.LeaderInGreenAssets.com
Forward-Looking Statements
This press release may contain forward-looking statements. The
words "believe," "expect," "should," "intend," "estimate,"
"projects," variations of such words and similar expressions
identify forward-looking statements, but their absence does not
mean that a statement is not a forward-looking statement. These
forward-looking statements are based upon the Company's current
expectations and are subject to a number of risks, uncertainties
and assumptions. The Company undertakes no obligation to update any
forward-looking statements, whether as a result of new information,
future events or otherwise. Among the important factors that could
cause actual results to differ significantly from those expressed
or implied by such forward-looking statements are risks that are
detailed in the Company's filings on file at www.OTCMarkets.com.