DALLAS, TX--(NewMediaWire - Apr 20, 2017) - LIG Assets,
Inc. (OTC PINK: LIGA)
(also known as the "Leader in Green Assets" or "LIGA") announced
today the Company continues its growth model by acquiring strategic
partner BGTV Direct, a product sales and media company, to its
multi-company acquisition plans and corporate portfolio of assets.
BGTV Direct posted gross revenues of approximately $2 million in
both 2015 and 2016 and provides an immediate source of revenue for
LIGA without compromising its ability to capitalize and proceed
with its current projects. The addition of BGTV provides a
natural and powerful tool to promote and enhance LIGA's primary
sustainability real estate and products projects already in
progress. With the acquisition of BGTV Direct - Worldwide Media
Solutions, LIGA has taken a major step forward in the expansion of
the Company's sales network and media based platforms in addition
to the established revenue sources BGTV Direct brings into LIG
Assets, Inc. that will be reflected in the 2nd Quarter financial
statement.
The corporate structure of the acquisition was extremely
innovative and creative -- requiring no dilution or selling of LIGA
stock to accommodate, thus implementing Chairman of the Board Aric
Simons' strategy for growth will serve as a paradigm for future
LIGA acquisitions, mergers, spin-offs and dividends for LIGA
shareholders. The details of LIGA's new acquisition model will be
presented at the upcoming LIGA 2017 Sustainability Impact
Conference already scheduled for later this year. BGTV
Direct's CEO, Marvin Baker, states, "The Acquisition model provided
by Aric Simons and LIGA is pioneering and brilliant -- and makes
this a very lucrative win-win for both companies."
Continuing LIGA's expansion into the product based retail
markets with Earth Revival, LLC and as a result of LIGA's
sustainable residential and commercial developments -- and the high
demand for use and purchase by individual consumers and outside
companies for the full line of sustainable and renewable products
and systems that go into those houses and structures, LIGA now has
several different revenue sources in several different sectors to
several global consumer bases. By adding BGTV Direct's multi-media
platforms, LIGA can now expand their marketing and sales of the
Company's full catalogue of products and services to consumers on a
global scale in addition to the products and technologies the
Company is already selling that were developed and produced by the
Health Products Division.
LIG Assets Chairman of the Board, Aric Simons, states, "The
structure for the acquisition of BGTV Direct allows LIGA to
immediately and exponentially increase our revenue without creating
a debt that inhibits growth of our primary sustainable homes,
materials and wellness products. The inclusion of BGTV as a
LIGA asset immediately and substantially improves our shareholder
value. Further, this provides the Company a valuable tool for
branding and growing our product reach through BGTV's expansive
multi-media resources. LIGA is employing a strategy to grow in a
measured, calculated manner, creating a solid foundation for the
accelerated expansion that optimizes our growth goals and
shareholder value for our investors. LIGA's investor base is
our greatest asset and I will always place rewarding, protecting
and maximizing our shareholders investment as the primary goal of
the Company. LIGA is on a path to make a major impact in our
target market and we would not be in this position without the
patience, input and faith of the investors we serve."
BGTV Direct provides worldwide media solutions and a unique NTR
advertiser supported content across Television, Radio, Mobile and
numerous additional electronic advertising platforms. LIGA's
acquisition of BGTV Direct provides valuable synergies that will
expand LIGA's new media reach into the social media, eCommerce and
traditional media platforms.
Marvin Baker, CEO of BGTV Direct, LLC., explains, "The
acquisition by LIGA and then the corporate restructuring of BGTV as
LIGA Chairman Aric Simons plans, will be revolutionary and very
profitable for all involved." Baker continues, "This is a unique
business development structure, unlike anything I've ever seen,
that could benefit privately held companies like mine. I truly
believe that with this acquisition and how Aric (Simons) is
planning to benefit both of our companies may not only be 'unique'
but in many ways historical in the way it can change the
acquisition landscape. I am so confident in LIGA and Chairman
Simons' 'new' business model and our plans for both companies, I
have personally acquired over 100 million shares of LIGA common
stock on the open market."
Aric Simons continued, "The acquisition of BGTV Direct by LIG
Assets will allow us to accelerate our business model and provide
our Company instant revenues. We have been developing and
establishing outside business opportunities for a long time, and
this is just the first of many deals LIGA plans to continue making
towards its development and access across several sectors and on an
International scale. LIG Assets and myself bring a deep knowledge
of structuring corporate deals that works seamlessly for each
company and ultimately as our partners and shareholders will see
for themselves, will generate a great valuation. By combining both
companies, it provides our shareholders with a company that now is
generating several millions of dollars and will also expedite our
other revenue streams. This is only the beginning of a long and
successful relationship and the planned rapid growth of LIGA
internally and externally as a global company and brand."
For more information, visit www.LeaderInGreenAssets.com and www.BGTVDirect.com
About BGTV Direct, LLC. -- Worldwide Media
Solutions:
BGTV Direct focuses on original content and brands that deliver
results on their worldwide syndication and advertising platforms.
BGTV Direct and its broadcast and syndication partners are powered
by NTR advertiser supported content across television, radio,
mobile, Internet and other electronic advertising platforms. BGTV
Direct currently has offices and sales teams in Nashville, Las
Vegas, New York and Santa Barbara/Silicon Valley with plans to open
new offices in the New England region and Florida in the near
future. For more information please visit www.bgtvdirect.com
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 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
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.