LIG ASSETS INC Aktie ISIN: US50187X1072 buran
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LIG ASSETS
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and Summarizes Developments13:06 25.02.14
PR Newswire
DALLAS, Feb. 25, 2014
DALLAS, Feb. 25, 2014 /PRNewswire/ -- LIG Assets, Inc. (OTCPK: LIGA) filed its 4th Quarter financials at www.OTCMarkets.com last week. Since adding a new interim CFO in August last year, the Company has taken several definitive steps to embark on a turnaround of operations, focus on its core real estate businesses, divest itself of investments in non-real estate related business, and improve shareholder value.
See below for a list of accomplishments from the Company's 4th quarter report and/or to date:
Management believes it made significant progress in the business with respect to expense reductions and revenue increases. Challenges do remain, and the Company is focused on overcoming these challenges successfully.
The casino/hotel in Colorado closed and generated a fee for the Company. Proceeds were used to retire debt and pay corporate expenses. LIG Assets is carefully exploring other commercial property opportunities.
Terry's Supermarket was disposed of during the quarter for no gain or loss since it offered limited upside potential for the Company.
LIG Assets did not issue any new shares of stock in the 4th quarter and maintains a freeze on any share issuance to date. It remains committed to decrease the issued and outstanding share count in 2014.
After a hiatus of almost 2 years, the Company is again in the business of buying real estate that it considers undervalued. It closed on the purchase of 6 homes during the fourth quarter and more after quarter end. The Company has skills acquiring properties below market and doing cost efficient renovations to turn into owner financed purchase or outright sale for profit.
After year end, a ten year extension was signed on the loan related to its older portfolio of residential real estate assets providing relief that the loan could be called in the near-term. The portfolio has roughly $14 million in mortgage debt held against a portfolio estimated to be worth over $20 million currently.
A movie partially funded by LIG Entertainment Management (LIGEM) has now completed post production and is available for sale. Proceeds from the sale will be used to retire debt, repurchase common shares or for general corporate purposes. LIG Assets no longer plans to produce or fund any projects outside of its core real estate business.
About LIG Assets, Inc.
LIG Assets, Inc., based in Dallas, TX, is a Company focused on residential and commercial real estate. Through its alliances with hedge funds, mortgage brokers, and hard money lenders, LIG Assets plans to expand its residential portfolio and increase commercial property transactions. LIG Assets, Inc. currently trades on the pink sheets under the ticker symbol "LIGA". For additional information, please visit LIG Assets corporate website: www.ligassetsinc.net.
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, which are on file at www.OTCMarkets.com.
Contact Information:
LIG Assets, Inc.
1700 Pacific Ave. Suite 2600
Dallas, TX 75201
Email: Richard@ligassetsinc.net
Investor Relations: IR@pricetargetmedia.com
Phone: 214-760-1000
SOURCE LIG Assets, Inc.
Quelle: PR Newswire
PR Newswire
DALLAS, Feb. 25, 2014
DALLAS, Feb. 25, 2014 /PRNewswire/ -- LIG Assets, Inc. (OTCPK: LIGA) filed its 4th Quarter financials at www.OTCMarkets.com last week. Since adding a new interim CFO in August last year, the Company has taken several definitive steps to embark on a turnaround of operations, focus on its core real estate businesses, divest itself of investments in non-real estate related business, and improve shareholder value.
See below for a list of accomplishments from the Company's 4th quarter report and/or to date:
Management believes it made significant progress in the business with respect to expense reductions and revenue increases. Challenges do remain, and the Company is focused on overcoming these challenges successfully.
The casino/hotel in Colorado closed and generated a fee for the Company. Proceeds were used to retire debt and pay corporate expenses. LIG Assets is carefully exploring other commercial property opportunities.
Terry's Supermarket was disposed of during the quarter for no gain or loss since it offered limited upside potential for the Company.
LIG Assets did not issue any new shares of stock in the 4th quarter and maintains a freeze on any share issuance to date. It remains committed to decrease the issued and outstanding share count in 2014.
After a hiatus of almost 2 years, the Company is again in the business of buying real estate that it considers undervalued. It closed on the purchase of 6 homes during the fourth quarter and more after quarter end. The Company has skills acquiring properties below market and doing cost efficient renovations to turn into owner financed purchase or outright sale for profit.
After year end, a ten year extension was signed on the loan related to its older portfolio of residential real estate assets providing relief that the loan could be called in the near-term. The portfolio has roughly $14 million in mortgage debt held against a portfolio estimated to be worth over $20 million currently.
A movie partially funded by LIG Entertainment Management (LIGEM) has now completed post production and is available for sale. Proceeds from the sale will be used to retire debt, repurchase common shares or for general corporate purposes. LIG Assets no longer plans to produce or fund any projects outside of its core real estate business.
About LIG Assets, Inc.
LIG Assets, Inc., based in Dallas, TX, is a Company focused on residential and commercial real estate. Through its alliances with hedge funds, mortgage brokers, and hard money lenders, LIG Assets plans to expand its residential portfolio and increase commercial property transactions. LIG Assets, Inc. currently trades on the pink sheets under the ticker symbol "LIGA". For additional information, please visit LIG Assets corporate website: www.ligassetsinc.net.
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, which are on file at www.OTCMarkets.com.
Contact Information:
LIG Assets, Inc.
1700 Pacific Ave. Suite 2600
Dallas, TX 75201
Email: Richard@ligassetsinc.net
Investor Relations: IR@pricetargetmedia.com
Phone: 214-760-1000
SOURCE LIG Assets, Inc.
Quelle: PR Newswire
of Dallas, Texas14:35 26.02.14
PR Newswire
DALLAS, Feb. 26, 2014
DALLAS, Feb. 26, 2014 /PRNewswire/ -- 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).
Additional property criteria, loan details, terms, and appraisal information can all be found on the Company's website under the link "Hard Money Loans" or directly at www.TexasHardMoneyLending.com. Interested parties may apply online and a representative from LIG Assets will be in contact.
About LIG Assets, Inc.
LIG Assets, Inc., based in Dallas, TX, is a Company focused on residential and commercial real estate. Through its alliances with hedge funds, mortgage brokers, and hard money lenders, LIG Assets plans to expand its residential portfolio and increase commercial property transactions. LIG Assets, Inc. currently trades on the pink sheets under the ticker symbol "LIGA". For additional information, please visit LIG Assets corporate website: www.ligassetsinc.net.
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, which are on file at www.OTCMarkets.com.
www.dfwhardmoneyloans.com
www.dallashardmoneyloans.net
www.TEXASHARDMONEYLENDING.com
Contact Information:
LIG Assets, Inc.
1700 Pacific Ave. Suite 2600
Dallas, TX 75201
Email: Richard@ligassetsinc.net
Investor Relations: IR@pricetargetmedia.com
Phone: 214-760-1000
SOURCE LIG Assets, Inc.
Quelle: PR Newswire
PR Newswire
DALLAS, Feb. 26, 2014
DALLAS, Feb. 26, 2014 /PRNewswire/ -- 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).
Additional property criteria, loan details, terms, and appraisal information can all be found on the Company's website under the link "Hard Money Loans" or directly at www.TexasHardMoneyLending.com. Interested parties may apply online and a representative from LIG Assets will be in contact.
About LIG Assets, Inc.
LIG Assets, Inc., based in Dallas, TX, is a Company focused on residential and commercial real estate. Through its alliances with hedge funds, mortgage brokers, and hard money lenders, LIG Assets plans to expand its residential portfolio and increase commercial property transactions. LIG Assets, Inc. currently trades on the pink sheets under the ticker symbol "LIGA". For additional information, please visit LIG Assets corporate website: www.ligassetsinc.net.
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, which are on file at www.OTCMarkets.com.
www.dfwhardmoneyloans.com
www.dallashardmoneyloans.net
www.TEXASHARDMONEYLENDING.com
Contact Information:
LIG Assets, Inc.
1700 Pacific Ave. Suite 2600
Dallas, TX 75201
Email: Richard@ligassetsinc.net
Investor Relations: IR@pricetargetmedia.com
Phone: 214-760-1000
SOURCE LIG Assets, Inc.
Quelle: PR Newswire
:::::::::::: 0,0064 $ +6,67% +0,0004 $
In Euro: 0,0046 € | Nasdaq OTC Other, 21.04.14::::: ein Pracht Wonne Ticker Augen Schmaus
In Euro: 0,0046 € | Nasdaq OTC Other, 21.04.14::::: ein Pracht Wonne Ticker Augen Schmaus
Announce Acquisition of the Wyndham Baton Rouge Hotel
17:40 06.05.14
PR Newswire
DALLAS, May 6, 2014
DALLAS, May 6, 2014 /PRNewswire/ -- GTM Hospitality, LLC and LIG Assets, Inc. (PK: LIGA) announce the acquisition of the Wyndham Baton Rouge Hotel. Led by GTM, in its latest addition to its portfolio, the property boasts a unique financial structure that includes LIG Assets, Inc.
The property is an 81 unit hotel located in vibrant Baton Rouge, the Capital City of Louisiana. The market is bolstered by the oil and gas industries as well as being located closely by Louisiana State University. With transient, group and long term contract business frequenting the area, the Wyndham Baton Rouge is a great fit for GTM and LIGA.
Led by long time hotelier Marty McDaniel, GTM Hospitality, LLC is a fully integrated, full service Management and Development Company with an expanding portfolio of owned and managed properties based in Panama City, Florida. President and CEO McDaniel states, "This acquisition represents the first of many with LIGA and our capital partners.
McDaniel continued, "This transaction is a testament to creative finance, strong leadership and a deep understanding of the lodging industry. There is a strong synergistic presence between our two companies and we have developed a pipeline of properties that fit financially and strategically for both of us," said McDaniel.
Based in Dallas, TX, LIG Assets, Inc. is a publicly traded real estate company focused on residential and commercial real estate transactions and growing its hospitality portfolio. "We are very excited to be in the hospitality space with GTM," said Jeff Love, President and CEO of LIG Assets, Inc. "This deal represents the first of many that are planned between our companies."
Love continued, "We have created a successful acquisition model that will allow us to grow together over the coming months and years. We are excited to be partnered with GTM and about the future of our companies working together."
Lending provided through The Bancorp Bank with advisory services provided through Meridian Capital, New York, New York.
About GTM Hospitality, LLC
GTM Hospitality, LLC is a fully integrated, full service Management and Development Company with an expanding portfolio of owned and managed properties based in Panama City, Florida. The Company is led by long time hotelier, Marty McDaniel, CHA who is President and CEO.
About LIG Assets, Inc.
LIG Assets, Inc., based in Dallas, TX, is a Company focused on residential and commercial real estate. Through its alliances with hedge funds, mortgage brokers, and hard money lenders, LIG Assets plans to expand its residential portfolio and increase commercial property transactions. LIG Assets, Inc. currently trades on the pink sheets under the ticker symbol "LIGA". For additional information, please visit LIG Assets corporate website:
www.ligassetsinc.net.
Media Inquiries:
Marty McDaniel, CHA President
and CEO GTM Hospitality, LLC
Marty.McDaniel@GTMHospitality.BIZ
www.GTMHospitality.BIZ
850-269-7235
Jeff Love
President and CEO LIG Assets, Inc.
Jeff@LIGAssetsinc.net
214-760-1000
SOURCE LIG Assets, Inc.
Quelle: PR Newswire
17:40 06.05.14
PR Newswire
DALLAS, May 6, 2014
DALLAS, May 6, 2014 /PRNewswire/ -- GTM Hospitality, LLC and LIG Assets, Inc. (PK: LIGA) announce the acquisition of the Wyndham Baton Rouge Hotel. Led by GTM, in its latest addition to its portfolio, the property boasts a unique financial structure that includes LIG Assets, Inc.
The property is an 81 unit hotel located in vibrant Baton Rouge, the Capital City of Louisiana. The market is bolstered by the oil and gas industries as well as being located closely by Louisiana State University. With transient, group and long term contract business frequenting the area, the Wyndham Baton Rouge is a great fit for GTM and LIGA.
Led by long time hotelier Marty McDaniel, GTM Hospitality, LLC is a fully integrated, full service Management and Development Company with an expanding portfolio of owned and managed properties based in Panama City, Florida. President and CEO McDaniel states, "This acquisition represents the first of many with LIGA and our capital partners.
McDaniel continued, "This transaction is a testament to creative finance, strong leadership and a deep understanding of the lodging industry. There is a strong synergistic presence between our two companies and we have developed a pipeline of properties that fit financially and strategically for both of us," said McDaniel.
Based in Dallas, TX, LIG Assets, Inc. is a publicly traded real estate company focused on residential and commercial real estate transactions and growing its hospitality portfolio. "We are very excited to be in the hospitality space with GTM," said Jeff Love, President and CEO of LIG Assets, Inc. "This deal represents the first of many that are planned between our companies."
Love continued, "We have created a successful acquisition model that will allow us to grow together over the coming months and years. We are excited to be partnered with GTM and about the future of our companies working together."
Lending provided through The Bancorp Bank with advisory services provided through Meridian Capital, New York, New York.
About GTM Hospitality, LLC
GTM Hospitality, LLC is a fully integrated, full service Management and Development Company with an expanding portfolio of owned and managed properties based in Panama City, Florida. The Company is led by long time hotelier, Marty McDaniel, CHA who is President and CEO.
About LIG Assets, Inc.
LIG Assets, Inc., based in Dallas, TX, is a Company focused on residential and commercial real estate. Through its alliances with hedge funds, mortgage brokers, and hard money lenders, LIG Assets plans to expand its residential portfolio and increase commercial property transactions. LIG Assets, Inc. currently trades on the pink sheets under the ticker symbol "LIGA". For additional information, please visit LIG Assets corporate website:
www.ligassetsinc.net.
Media Inquiries:
Marty McDaniel, CHA President
and CEO GTM Hospitality, LLC
Marty.McDaniel@GTMHospitality.BIZ
www.GTMHospitality.BIZ
850-269-7235
Jeff Love
President and CEO LIG Assets, Inc.
Jeff@LIGAssetsinc.net
214-760-1000
SOURCE LIG Assets, Inc.
Quelle: PR Newswire
Zeit Kurs Stück
15:39:01§0,0064 $ 2.750
___________________
GRATULATION
15:39:01§0,0064 $ 2.750
___________________
GRATULATION
Datum Erster Hoch Tief Schluss Stücke Volumen
20.10.14 0,0015 0,0016§0,0014 0,0016 $ 1.501.779 2.125
GrB
20.10.14 0,0015 0,0016§0,0014 0,0016 $ 1.501.779 2.125
GrB
Abkürzung für: London International Financial Futures Exchange
http://www.ariva.de/extras/lexikon.m?begriff=LIFFE
http://www.ariva.de/extras/lexikon.m?begriff=LIFFE
europäische Börse für Financial Futures. http://www.ariva.de/extras/lexikon.m?begriff=LIFFE
:::::::::::::: 0,0005 $ +25,00% +0,0001 $
In Euro: 0,0004 € | Nasdaq OTC Other, 15.01.15 ,GrB
In Euro: 0,0004 € | Nasdaq OTC Other, 15.01.15 ,GrB
::::::::::::::: 0,0003 $ +50,00% +0,0001 $
In Euro: 0,0003 € | Nasdaq OTC Other, 13.02.15 ,GrB
In Euro: 0,0003 € | Nasdaq OTC Other, 13.02.15 ,GrB
Aktien New York: Dow dreht ins Plus nach Fed-Kommentar
19:30 18.03.15 http://www.ariva.de/news/...dreht-ins-Plus-nach-Fed-Kommentar-5314281
19:30 18.03.15 http://www.ariva.de/news/...dreht-ins-Plus-nach-Fed-Kommentar-5314281
::::::::::::::::::: 0,0003 $ +200,00% +0,0002 $
In Euro: 0,0003 € | Nasdaq OTC Other, 20.03.15 ,GrB
In Euro: 0,0003 € | Nasdaq OTC Other, 20.03.15 ,GrB
Aktien New York Schluss: Dow wieder auf Rekordjagd - Wochenplus gut 2%
21:25 20.03.15 http://www.ariva.de/news/...r-auf-Rekordjagd-Wochenplus-gut-2-5316781
buran
21:25 20.03.15 http://www.ariva.de/news/...r-auf-Rekordjagd-Wochenplus-gut-2-5316781
buran
Datum Erster Hoch Tief Schluss Stücke Volumen
18.06.15 0,0001 0,0001§0,0001 0,0001 $ 11.523.699 1.153
GrB
18.06.15 0,0001 0,0001§0,0001 0,0001 $ 11.523.699 1.153
GrB
Datum Erster Hoch Tief Schluss Stücke Volumen
09.07.15 0,0001 0,0001§0,0001 0,0001 $ 7.415.999 742
GrB
09.07.15 0,0001 0,0001§0,0001 0,0001 $ 7.415.999 742
GrB
Zeit Kurs Stück
18:41:37§0,0005 $ 2.640.000
17:55:17§0,0005 $ 500.000
16:06:15§0,0005 $ 429.000
_____________________
GRATULATION
18:41:37§0,0005 $ 2.640.000
17:55:17§0,0005 $ 500.000
16:06:15§0,0005 $ 429.000
_____________________
GRATULATION
::::::::::: 0,0023 $ 0,00% +0,00 $
In Euro: 0,0022 € | 27.01.17 Nasdaq OTC Other ,GrB
In Euro: 0,0022 € | 27.01.17 Nasdaq OTC Other ,GrB
::::::::::::::: 0,003 $ +3,45% +0,0001 $
In Euro: 0,0026 € | 04.08.17 Nasdaq OTC Other ,GrB
In Euro: 0,0026 € | 04.08.17 Nasdaq OTC Other ,GrB
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