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SAMP News just out! South American Propertie

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Post# of 18864
Posted On: 05/15/2013 3:44:04 PM
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Posted By: Roger Wilco
Re: Flex #5310

SAMP News just out!

South American Properties, Inc. Symbol Change to OTCPK: SAMP Effective Today

Last update: 5/15/2013 3:35:00 PM

DALLAS, May 15, 2013 /PRNewswire via COMTEX/ -- South American Properties, Inc. (otcpk:SAMP), announced that its symbol has been changed effective today from THCB to SAMP to better reflect the recent name change. It was recently announced that controlling interest of THCB was sold to LIG Assets, Inc. (otcpk:LIGA). South American Properties will focus on the acquisition and development of real estate properties located in South America.

South American Properties announced plans for its first real estate project earlier in the month in the country of Peru. Although this entity will focus on opportunities in South America, it may enter into real estate projects in Latin America, Mexico, or island countries in the Caribbean. Based on existing contacts and projects under review, management believes there are tremendous opportunities for profit outside The United States.

LIG Assets (otcpk:LIGA) expects to discuss how this independent acquisition will benefit LIGA shareholders in the near future.

About South American Properties, Inc.

South American Properties, Inc., formerly Texas Hills Barbecue, Inc., is a Nevada Corp. based in Dallas, Texas, that plans to acquire and develop real estate properties, and other income generating assets located in South America with a more specific focus on the country of Peru. The Company believes significant opportunities exist in the countries of South America, and it plans to leverage its close relationships with contacts in the region. South American Properties may also enter into real estate projects in Latin America, Mexico, or island countries in the Caribbean.



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