Lig Assets Inc. (LIGA) 0.0032 $LIGA
LIG Assets, Inc. Announces Initial Agreement to Finance a Drilling Program on the Company's Nevada Oil Lease
GlobeNewswire - Thu Sep 18, 10:10AM CDT
LIG Assets, Inc. (OTCPK:LIGA) today announced an initial agreement in the form of a Letter of Intent with a potential funding partner under which the Company would receive financing for drilling on its 36,000 acre oil lease in Nevada. Geological reports for the area suggest the potential for massive oil reserves, although reserves on the property have not yet been proven.
LIG Assets, Inc. Signs Definitive Agreement to Merge With West Coast Partners, LLC and CP Resources, LLC to Focus on Oil & Gas Exploration and Production
GlobeNewswire - Thu Sep 04, 7:58AM CDT
LIG Assets, Inc. (OTCPK:LIGA) is pleased to announce that it has officially merged with West Coast Partners, LLC and CP Resources, LLC effective September 02, 2014. West Coast Partners and CP Resources will become wholly owned subsidiaries of LIG Assets, Inc., and it is estimated that they bring added revenue of over $1 million a quarter. The primary focus of the merged entity will be to develop its current portfolio of leases for oil and gas reserves on over 36,000 acres in Nevada and Texas. LIG Assets will maintain its commercial and residential real estate operations, but may consider a spin-off or sale of these assets in the future.
LIG Assets, Inc. Issues Corporate Updates
GlobeNewswire - Thu Aug 14, 7:31AM CDT
LIG Assets, Inc. (OTCPK:LIGA), a Company focused on residential and commercial real estate, announces it has successfully acquired several more foreclosure and short sale properties over the past six months, upgraded the homes, and have turned a profit through resale or owner financed rental. LIGA has multiple properties that are currently on the market or are nearing completion. The total purchase price of homes so far in 2014 has totaled over $1.5 million. In addition to an improving market for its residential unit, LIG Assets is making progress on the commercial side through its new relationship with GTM Hospitality. Recently it was announced that GTM and LIGA successfully purchased the Wyndham Baton Rouge Hotel for just over $5 million, and the partners plan to continue its push in the hospitality space where it sees value. LIGA has already sold its interest in the Baton Rouge Hotel to generate cash for new deals.
Hard Money Loans Now Offered by LIG Assets, Inc. of Dallas, Texas
PR Newswire - Wed Feb 26, 7:30AM CST
LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, announces it now offers hard money loans. The loans are based on the After Repaired Value (ARV) of the property and include funds for both purchase and rehab from $80,000 for up to $2 million. Loans are up to 70% of the After Repaired Value (excluding points and fees).
LIG Assets Posts Quarterly Results and Summarizes Developments
PR Newswire - Tue Feb 25, 6:00AM CST
LIG Assets, Inc. (OTCPK: LIGA) filed its 4th Quarter financials at www.OTCMarkets.com last week. Since adding a new interim CFO in August last year, the Company has taken several definitive steps to embark on a turnaround of operations, focus on its core real estate businesses, divest itself of investments in non-real estate related business, and improve shareholder value.
Post Production Completed on "H.O.A. Havoc" Movie and Now Available for Sale to Distributor
PR Newswire - Tue Feb 18, 8:41AM CST
LIG Assets, Inc. (OTCPK: LIGA) subsidiary LIG Entertainment Management Inc. announces a movie it helped finance last year, "H.O.A. Havoc", has completed post production and is now available for sale to a distributor. Although LIG Assets expects to profit from its investment in the film, the Company does not have plans to pursue any further deal flow in this business sector and will focus on its core business in commercial and residential real estate. Proceeds from the sale will be used to reduce debt, and if the proceeds allow, repurchase of Company shares in the market.
Pegasus Legal Funding Announces Valentine's Day Sweet Heart Deals
PR Newswire - Wed Feb 12, 12:17PM CST
Pegasus Legal Funding LLC, an industry leader in the legal funding business, has announced that it will offer a bonus gift cards beginning today in honor of the upcoming Valentine's Day holiday for clients that receive funding from $1,000 and up.
LIG Assets, Inc. Introduces Redesigned Website and New Headers "Sell Your House" and "Become a Lender"
PR Newswire - Wed Feb 12, 8:03AM CST
LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, announces that it has updated most of its website at www.LIGAssetsInc.net and added links to "Sell Your House" and "Become a Lender". The website is yet another part of LIG Assets that required changes and upgrades to reflect the new focus and direction of the Company.
LIG Assets, Inc. Improves Loan Terms on Entire Amount of Primary Mortgage Debt
PR Newswire - Mon Feb 10, 8:52AM CST
LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, announces that it has successfully negotiated new terms on its balance of roughly $14,000,000 in mortgage debt that is held against its primary portfolio of single family homes in Texas. LIG Assets and its lender FP Management agreed to a firm reduction in the interest rate it pays on a new 10 year note. LIG Assets reserves the right to further improve terms on this debt.
LIG Assets, Inc. Exhibits at Dallas-Fort Worth Real Estate Investor Expo 2014 and Provides Shareholder Update
PR Newswire - Tue Jan 28, 10:19AM CST
LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, announces that it was an exhibitor at the 2014 Dallas-Fort Worth Real Estate Investor Expo from Friday, January 24th through Sunday, January 26th. The REI Expo is the nation's leading real estate investing trade show and educational event designed to provide a platform for education, networking, and training. LIG Assets says attendance at the show and its booth was brisk.
RSI Recalls Bathroom Medicine Cabinets Due to Injury Hazard; Sold Exclusively at The Home Depot
PR Newswire - Thu Jan 16, 9:00AM CST
Consumers should stop using this product unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.
Alaska Airlines Adds More Salt Lake City Service
PR Newswire - Fri Dec 20, 7:00AM CST
Alaska Airlines is adding daily flights to three more cities from Salt Lake City next summer, marking the latest in a series of route expansions. The carrier will begin flying nonstop from Salt Lake City to Boise, Idaho, and Las Vegas on June 16 and between Salt Lake City and San Francisco on June 18. Special introductory sale fares on the new flights will be available for purchase Tuesday, Dec. 24, at www.alaskaair.com.
LIG Assets, Inc. Announces Share Purchase Program
PR Newswire - Mon Aug 26, 10:00AM CDT
LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, announces it will execute a new stock buyback program for its shares traded under the symbol LIGA, subject to market conditions. The initial plan is to acquire up to 20 million shares over the following 90 days. The timing and exact number of shares purchased will be at the Company's discretion, but could begin immediately and increased in the future.
Richard W. Barber Joins LIG Assets, Inc. as Interim Chief Financial Officer
PR Newswire - Thu Aug 15, 6:30AM CDT
LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, is proud to announce that it has hired Richard W. Barber to become its interim, full-time, in house Chief Financial Officer effective Monday, August 19, 2013. The position is expected to become permanent. LIG Assets also announces that it has contracted the services of The Hall Group, Certified Public Accountants of Dallas, Texas to become its outside auditor so that LIGA can file to become a fully reporting Company.
Goldman Small Cap Research Issues Research Update on LIG Assets, Inc.
Marketwire - Mon Aug 05, 3:08PM CDT
Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, has issued a research update report on LIG Assets, Inc. (OTC Pink: LIGA), an opportunistic provider of funding and financing for early-stage, high-growth businesses and real estate projects. LIG Assets has a history of success in buying and financing assets below market value and generating substantial returns while limiting risk exposure.
OTC Stock Review Issues a Report on LIG Assets, Inc.
GlobeNewswire - Thu Aug 01, 9:39AM CDT
LIG Assets may be one of the most successful opportunistic investors and financiers of its size. LIGA's core residential real estate business generates nearly 1M dollars in annual income. The current primary businesses include 300 income-producing residential properties, a key partnership in potentially major commercial real estate ventures, a casino project, and majority ownership of South American Properties Inc.
Streamline Funding Launches New Asset Based Lending Credit Line for LIG Assets, Inc.
PR Newswire - Wed Jul 31, 3:00AM CDT
LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, announces that it has agreed to partner with Streamline Funding based in Austin, Texas for asset based lending so that it can significantly expand its residential real estate ownership and hard money lending portfolio. No upside limit has been provided on the line of credit. The credit line is unrelated to agreements with the Strategic Alliance that is focused on the commercial real estate market.
LIG Assets, Inc. Announces Initial Agreement to Finance a Drilling Program on the Company's Nevada Oil Lease
GlobeNewswire - Thu Sep 18, 10:10AM CDT
LIG Assets, Inc. (OTCPK:LIGA) today announced an initial agreement in the form of a Letter of Intent with a potential funding partner under which the Company would receive financing for drilling on its 36,000 acre oil lease in Nevada. Geological reports for the area suggest the potential for massive oil reserves, although reserves on the property have not yet been proven.
LIG Assets, Inc. Signs Definitive Agreement to Merge With West Coast Partners, LLC and CP Resources, LLC to Focus on Oil & Gas Exploration and Production
GlobeNewswire - Thu Sep 04, 7:58AM CDT
LIG Assets, Inc. (OTCPK:LIGA) is pleased to announce that it has officially merged with West Coast Partners, LLC and CP Resources, LLC effective September 02, 2014. West Coast Partners and CP Resources will become wholly owned subsidiaries of LIG Assets, Inc., and it is estimated that they bring added revenue of over $1 million a quarter. The primary focus of the merged entity will be to develop its current portfolio of leases for oil and gas reserves on over 36,000 acres in Nevada and Texas. LIG Assets will maintain its commercial and residential real estate operations, but may consider a spin-off or sale of these assets in the future.
LIG Assets, Inc. Issues Corporate Updates
GlobeNewswire - Thu Aug 14, 7:31AM CDT
LIG Assets, Inc. (OTCPK:LIGA), a Company focused on residential and commercial real estate, announces it has successfully acquired several more foreclosure and short sale properties over the past six months, upgraded the homes, and have turned a profit through resale or owner financed rental. LIGA has multiple properties that are currently on the market or are nearing completion. The total purchase price of homes so far in 2014 has totaled over $1.5 million. In addition to an improving market for its residential unit, LIG Assets is making progress on the commercial side through its new relationship with GTM Hospitality. Recently it was announced that GTM and LIGA successfully purchased the Wyndham Baton Rouge Hotel for just over $5 million, and the partners plan to continue its push in the hospitality space where it sees value. LIGA has already sold its interest in the Baton Rouge Hotel to generate cash for new deals.
Hard Money Loans Now Offered by LIG Assets, Inc. of Dallas, Texas
PR Newswire - Wed Feb 26, 7:30AM CST
LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, announces it now offers hard money loans. The loans are based on the After Repaired Value (ARV) of the property and include funds for both purchase and rehab from $80,000 for up to $2 million. Loans are up to 70% of the After Repaired Value (excluding points and fees).
LIG Assets Posts Quarterly Results and Summarizes Developments
PR Newswire - Tue Feb 25, 6:00AM CST
LIG Assets, Inc. (OTCPK: LIGA) filed its 4th Quarter financials at www.OTCMarkets.com last week. Since adding a new interim CFO in August last year, the Company has taken several definitive steps to embark on a turnaround of operations, focus on its core real estate businesses, divest itself of investments in non-real estate related business, and improve shareholder value.
Post Production Completed on "H.O.A. Havoc" Movie and Now Available for Sale to Distributor
PR Newswire - Tue Feb 18, 8:41AM CST
LIG Assets, Inc. (OTCPK: LIGA) subsidiary LIG Entertainment Management Inc. announces a movie it helped finance last year, "H.O.A. Havoc", has completed post production and is now available for sale to a distributor. Although LIG Assets expects to profit from its investment in the film, the Company does not have plans to pursue any further deal flow in this business sector and will focus on its core business in commercial and residential real estate. Proceeds from the sale will be used to reduce debt, and if the proceeds allow, repurchase of Company shares in the market.
Pegasus Legal Funding Announces Valentine's Day Sweet Heart Deals
PR Newswire - Wed Feb 12, 12:17PM CST
Pegasus Legal Funding LLC, an industry leader in the legal funding business, has announced that it will offer a bonus gift cards beginning today in honor of the upcoming Valentine's Day holiday for clients that receive funding from $1,000 and up.
LIG Assets, Inc. Introduces Redesigned Website and New Headers "Sell Your House" and "Become a Lender"
PR Newswire - Wed Feb 12, 8:03AM CST
LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, announces that it has updated most of its website at www.LIGAssetsInc.net and added links to "Sell Your House" and "Become a Lender". The website is yet another part of LIG Assets that required changes and upgrades to reflect the new focus and direction of the Company.
LIG Assets, Inc. Improves Loan Terms on Entire Amount of Primary Mortgage Debt
PR Newswire - Mon Feb 10, 8:52AM CST
LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, announces that it has successfully negotiated new terms on its balance of roughly $14,000,000 in mortgage debt that is held against its primary portfolio of single family homes in Texas. LIG Assets and its lender FP Management agreed to a firm reduction in the interest rate it pays on a new 10 year note. LIG Assets reserves the right to further improve terms on this debt.
LIG Assets, Inc. Exhibits at Dallas-Fort Worth Real Estate Investor Expo 2014 and Provides Shareholder Update
PR Newswire - Tue Jan 28, 10:19AM CST
LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, announces that it was an exhibitor at the 2014 Dallas-Fort Worth Real Estate Investor Expo from Friday, January 24th through Sunday, January 26th. The REI Expo is the nation's leading real estate investing trade show and educational event designed to provide a platform for education, networking, and training. LIG Assets says attendance at the show and its booth was brisk.
RSI Recalls Bathroom Medicine Cabinets Due to Injury Hazard; Sold Exclusively at The Home Depot
PR Newswire - Thu Jan 16, 9:00AM CST
Consumers should stop using this product unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.
Alaska Airlines Adds More Salt Lake City Service
PR Newswire - Fri Dec 20, 7:00AM CST
Alaska Airlines is adding daily flights to three more cities from Salt Lake City next summer, marking the latest in a series of route expansions. The carrier will begin flying nonstop from Salt Lake City to Boise, Idaho, and Las Vegas on June 16 and between Salt Lake City and San Francisco on June 18. Special introductory sale fares on the new flights will be available for purchase Tuesday, Dec. 24, at www.alaskaair.com.
LIG Assets, Inc. Announces Share Purchase Program
PR Newswire - Mon Aug 26, 10:00AM CDT
LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, announces it will execute a new stock buyback program for its shares traded under the symbol LIGA, subject to market conditions. The initial plan is to acquire up to 20 million shares over the following 90 days. The timing and exact number of shares purchased will be at the Company's discretion, but could begin immediately and increased in the future.
Richard W. Barber Joins LIG Assets, Inc. as Interim Chief Financial Officer
PR Newswire - Thu Aug 15, 6:30AM CDT
LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, is proud to announce that it has hired Richard W. Barber to become its interim, full-time, in house Chief Financial Officer effective Monday, August 19, 2013. The position is expected to become permanent. LIG Assets also announces that it has contracted the services of The Hall Group, Certified Public Accountants of Dallas, Texas to become its outside auditor so that LIGA can file to become a fully reporting Company.
Goldman Small Cap Research Issues Research Update on LIG Assets, Inc.
Marketwire - Mon Aug 05, 3:08PM CDT
Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, has issued a research update report on LIG Assets, Inc. (OTC Pink: LIGA), an opportunistic provider of funding and financing for early-stage, high-growth businesses and real estate projects. LIG Assets has a history of success in buying and financing assets below market value and generating substantial returns while limiting risk exposure.
OTC Stock Review Issues a Report on LIG Assets, Inc.
GlobeNewswire - Thu Aug 01, 9:39AM CDT
LIG Assets may be one of the most successful opportunistic investors and financiers of its size. LIGA's core residential real estate business generates nearly 1M dollars in annual income. The current primary businesses include 300 income-producing residential properties, a key partnership in potentially major commercial real estate ventures, a casino project, and majority ownership of South American Properties Inc.
Streamline Funding Launches New Asset Based Lending Credit Line for LIG Assets, Inc.
PR Newswire - Wed Jul 31, 3:00AM CDT
LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, announces that it has agreed to partner with Streamline Funding based in Austin, Texas for asset based lending so that it can significantly expand its residential real estate ownership and hard money lending portfolio. No upside limit has been provided on the line of credit. The credit line is unrelated to agreements with the Strategic Alliance that is focused on the commercial real estate market.
