LIGA and real estate franchise leader EXIT Realty
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Posted On: 03/04/2018 10:03:35 AM
LIGA and real estate franchise leader EXIT Realty Elite have negotiated a two part deal to purchase a beautiful 60.19 acre tract along the hillsides of Brentwood, Tennessee.
The acquisition was completed without the use of LIGA shares or convertible notes, ensuring the integrity of the stock structure. CEO Allan Gillis stated, "Our shareholders should be pleased to know that LIG Assets is now in a very strong financial position as we are able to be proceed on our development projects with support of our major long term shareholders and management team without having to go to the public markets to sell stock."
The residential subdivision project for the first 30 acres will consist of 42 upscale single family residences ranging in price from $599,000 to $1,000,000+ with square footage beginning from 2800 square feet and up, bringing the projects gross revenue potential a minimum of $28,000,000 once completed.
LIGA is so grateful to our investors and partners because it is your support that makes this possible and every shareholder-from the smallest to the largest-- will see their portfolio and ROI grow to new heights as a reward for their investment.”
ENTIRE PR FOUND HERE.. https://www.otcmarkets.com/stock/LIGA/news/LI...?id=182244
The acquisition was completed without the use of LIGA shares or convertible notes, ensuring the integrity of the stock structure. CEO Allan Gillis stated, "Our shareholders should be pleased to know that LIG Assets is now in a very strong financial position as we are able to be proceed on our development projects with support of our major long term shareholders and management team without having to go to the public markets to sell stock."
The residential subdivision project for the first 30 acres will consist of 42 upscale single family residences ranging in price from $599,000 to $1,000,000+ with square footage beginning from 2800 square feet and up, bringing the projects gross revenue potential a minimum of $28,000,000 once completed.
LIGA is so grateful to our investors and partners because it is your support that makes this possible and every shareholder-from the smallest to the largest-- will see their portfolio and ROI grow to new heights as a reward for their investment.”
ENTIRE PR FOUND HERE.. https://www.otcmarkets.com/stock/LIGA/news/LI...?id=182244
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