Lig Assets Inc. (LIGA) 0.0003 $LIGA
LIG Assets, Inc. Announces Drilling Permits for West Texas Oil Lease
ACCESSWIRE - Tue Jan 06, 9:58AM CST
Lease Improvements and Drilling Work are Expected to Begin in the Near Term With Production Estimates of Up To 800 Barrels Per Day
LIG Assets, Inc. Announces Resignation of COO/Director
ACCESSWIRE - Fri Jan 02, 10:30AM CST
DALLAS, TX / ACCESSWIRE / January 2, 2015 / LIG Assets, Inc. (OTC Pink: LIGA) (PINKSHEETS: LIGA), today announced the resignation of Jeffrey B. Love as Chief Operating Officer (COO) and member of the Board of Directors, effective December 31, 2014. There are no disagreements between Mr. Love and the company.
LIG Assets, Inc. Announces Option to Acquire Lease and Drilling Interest in Permian Basin Property
GlobeNewswire - Thu Oct 09, 9:54AM CDT
LIG Assets, Inc. (OTCPK:LIGA) today announced that its wholly owned subsidiary, CP Resources, LLC, has executed an option to acquire lease interest and drilling interest in 400 acres in leases located in the Permian Basin.
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).
AFB: 13.90 (-0.10)
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.
WAC: 20.29 (+2.57)
LIG Assets, Inc. Announces Drilling Permits for West Texas Oil Lease
ACCESSWIRE - Tue Jan 06, 9:58AM CST
Lease Improvements and Drilling Work are Expected to Begin in the Near Term With Production Estimates of Up To 800 Barrels Per Day
LIG Assets, Inc. Announces Resignation of COO/Director
ACCESSWIRE - Fri Jan 02, 10:30AM CST
DALLAS, TX / ACCESSWIRE / January 2, 2015 / LIG Assets, Inc. (OTC Pink: LIGA) (PINKSHEETS: LIGA), today announced the resignation of Jeffrey B. Love as Chief Operating Officer (COO) and member of the Board of Directors, effective December 31, 2014. There are no disagreements between Mr. Love and the company.
LIG Assets, Inc. Announces Option to Acquire Lease and Drilling Interest in Permian Basin Property
GlobeNewswire - Thu Oct 09, 9:54AM CDT
LIG Assets, Inc. (OTCPK:LIGA) today announced that its wholly owned subsidiary, CP Resources, LLC, has executed an option to acquire lease interest and drilling interest in 400 acres in leases located in the Permian Basin.
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).
AFB: 13.90 (-0.10)
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.
WAC: 20.29 (+2.57)
