Nashville, TN, Jan. 16, 2018 (GLOBE NEWSWIRE) -- LIG Assets, Inc. (LIGA) (also known as the "Leader in Green Assets" or "LIGA") announces it has launched a new wholly-owned subsidiary, LIGA Homes, based in Nashville, Tennessee to focus on the development and sales of primarily residential homes and communities in association with LIG Assets’ Roanoke Texas based wholly-owned subsidiary, LIG Developments, LLC., a steel framing manufacturing and design entity incorporated under the LIG Assets corporate umbrella. The combination of LIGA Homes and LIG Developments will create a powerful vertical integration that controls land purchase, development, construction and real estate sales which will exponentially enhance LIGA’s profitability.
LIGA Homes will serve as the real estate developer branch of LIGA and will continue the Company’s collaboration with famed environmental pioneer and visionary, Mr. Robert Plarr, to deliver affordable, sustainable homes in select communities throughout the United States deploying state-of-the-art technology and methodologies to bring sustainable and disaster resistant housing and commercial developments at a price level that is competitive with traditional construction. LIGA Homes’ business model is designed to provide the average homeowner the ability to purchase a home in one of its developments that is sustainable; thus significantly reducing expenses for water and power. Additionally, LIGA Homes will utilize construction materials that exhibit the highest ratings of moisture, mold, wind, earthquake and fire resistance - and are far less susceptible to aging decay associated with traditional building materials. The Company's designs are not intended for a niche market, or limited exclusively to residential units, but scalable for mass development nationwide based on consumer demand and regional market conditions.
LIGA Homes will begin construction on its first residential project in the Nashville, Tennessee area in the near future that will serve to demonstrate and incorporate all elements of the Company's innovative construction, design, and technology. LIGA Homes’ architectural and design team has produced renderings of homes that will be constructed in the new development project.
LIGA Homes is currently working to secure Agreements to participate in at least three additional major real estate development projects in the state of Tennessee and other states in 2018 for LIGA’s exclusive and revolutionary brand of homes and structures. In addition, LIGA Homes is entering into strategic partnerships with material suppliers and manufacturers that will greatly enhance project capabilities, operational efficiency and net profitability as well as provide opportunities for rapid Company expansion. This will be accomplished by acting not just as a builder but more importantly as a developer of sustainable communities, homes and "Post-Construct" upgrades for those who want to make their current homes more sustainable and disaster resistant.
LIGA Homes planned residential development projects range from small scale high performance showcase homes like the one already in progress in Panama City Beach, Florida to much larger residential/commercial community developments currently planned in the Nashville area.
About LIGA Homes:
LIGA Homes unique residential and commercial developments utilize specially designed and manufactured recycled "element resistant" steel framing, in addition to toxic free magnesium oxide building materials and panels that are 100% mold, fungus, termite and rot resistant and fire resistant against temperatures up to 3500 degrees Fahrenheit as well as famed environmentalist Robert Plarr's exclusive "maximum rated" R-60 insulation -- combining to create disaster resistant materials and structures that can withstand up to a 7.5 magnitude earthquake and sustained gale force winds up to 175 MPH while negating damage caused by rain and flood exposure. With the addition of Plarr's green and renewable systems and products, LIGA Homes is now capable of providing affordable, fully sustainable and disaster resistant living environments – LIGA Homes is at the forefront of this new and improved direction for the green, sustainable and construction sectors.
For more information about LIGA Homes visit - www.LIGAHomes.com or contact the Company directly at 833-LIGAHOMES
About LIG Assets, Inc.:
LIG Assets, Inc. in association with Robert Plarr is the emerging "Leader in Green Assets" -- focused on exclusive green, renewable energy and sustainable and disaster resistant 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 how to purchase our 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 -- also follow LIGA at Twitter.com/LIGAssets.
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.