NASHVILLE, TN, July 09, 2018 (GLOBE NEWSWIRE) -- LIG Assets, Inc. (OTC PINK: LIGA) (also known as the "Leader in Green Assets" or "LIGA"), Announces that the company eclipsed all of 2017's revenue by the end of April 2018. Also, LIG Assets has placed a “STOP ORDER” on 160 million shares of Common Stock and exchanged 50 million “Series A” Convertible Preferred Stock has been reduced to nil – The total reduction of shares is equivalent to almost 210 million common shares.
A “STOP ORDER” has been placed on the share certificates listed below;
Certificate # 966 - 40,000,000
Certificate # 967 - 10,000,000
Certificate # 969 - 20,000,000
Certificate #970 - 10,000,000
Certificate # 971 - 20,000,000
Certificate # 972 - 20,000,000
Certificate # 973 - 40,000,000
State of Nevada Preferred Share Certificate of Change Link;
https://backend.otcmarkets.com/otcapi/company/financial-report/193881/content
LIGA Chairman, Aric Simons states, "The reduction of almost 210 million shares of LIGA stock was enacted for the benefit and protection of LIGA shareholders, which represents just one of several actions taken by the Board of Directors (see below) that will prove to be extremely beneficial for LIGA and our valued shareholders. These actions are part of our ongoing efforts to protect the integrity of our share structure while enhancing shareholder’s return on investment in LIGA. The implementation of this initial phase of stock consolidation will facilitate LIGA’s business growth and ascension beyond our current OTC status. LIGA is growing rapidly and consolidating our stock structure without the need to enact any form of reverse split on our common shares; a promise our Board has stated and memorialized by Resolution and will serve as a mandate that shall not be breached. As I have stated before, I believe LIGA has the greatest base of investors in our class - or any class for that matter - and represents a primary cause for the success we have enjoyed thus far. So a heartfelt thank you to all of our shareholders.”
LIGA Chairman Aric Simons & President Marvin Baker will also be conducting an investor/shareholder Podcast in the near future to further outline the Company’s unique business/investment model as well as its plans for internal growth and further expansion into additional sectors and will give an overview of the 2nd quarter results that include LIGA surpassing with ease all of last year’s revenues in the first half of this year.
Due to the accelerated and exponential growth now taking place with LIG Assets and its subsidiaries and partners, interested parties and shareholders are encouraged to subscribe to the LIGA Shareholder Newsletter at www.LIGAHomes.com and follow the Company at Twitter.com/LIGASSETS for regular updates and progress reports. Also, LIGA will be announcing the date and location of our 3rd Annual conference this year which will be called the "LIGA 2018 - Sustainability Impact Conference."
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 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 more information about and how to purchase Plarr's exclusive homes, structures, products and technologies.
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 are detailed in the Company's respective filings at www.otcmarkets.com.