NASHVILLE, TN--(NewMediaWire - Oct 18, 2017) - LIG Assets, Inc.
(OTC PINK: LIGA) (also known as the "Leader in Green Assets"
or "LIGA") announced today the Company's new wholly-owned
subsidiary, LIG Developments, LLC., a steel framing manufacturing
and design entity incorporated under the LIG Assets corporate
umbrella, has secured its new offices and a separate manufacturing
facility in the Dallas area to manage and implement the Company's
business and manufacturing operations for the entire state of
Texas. Full operational capabilities of the new manufacturing
facility are currently underway and photographs of the facility and
operations will be made available at LIGA's Social Media
Twitter.com/LIGAssets and Corporate website. The new offices are
located in the Roanoke Center, 610 Byron Nelson Blvd, Suite 111 in
Roanoke, Texas. The new facility will focus on the mass production,
sales and use of steel framing units, magnesium oxide boards,
LIGA's exclusive R-60 insulation materials and other Plarr systems
to be used in the Company's future construction projects and direct
to consumer sales that go into creating LIGA's exclusive disaster
resistant and fully sustainable homes and structures.
LIGA's unique homes 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 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 is now capable of
providing affordable, fully sustainable and disaster resistant
living environments -- LIGA is at the forefront of this new and
improved direction for the green, sustainable and construction
sectors, and LIGA is ready to provide these materials and
structures where they are currently and desperately needed the
most; in the states of Texas, Florida and soon California. LIGA
looks forward to working very closely with local, state, federal
and disaster relief agencies to provide materials and structures
that negate the damaging effects caused by natural disasters as the
rebuilding process begins in those states recently affected by
them.
Production is already underway for two projects in Texas that
will represent the launch of LIGA's highly profitable commercial
construction division that will be coordinated with the Sustainable
Homes Division. This will ensure LIGD is employing economies
of scale that maximize the bottom line. LIG Developments is also
pleased to announce the new offices and manufacturing facility has
already secured several steel frame contracts for Residential
Units. These projects will be built in Wylie, Texas -- additional
updates regarding these projects will be released in the very near
future. The Company has also submitted construction and material
bids for several additional projects in Texas and South Western
United States and is also currently preparing additional project
bids for submission and will announce further details of those
projects in the near future.
LIGA Chairman Aric Simons states, "The devastating fires in
Northern California underscore the need to rebuild using steel and
non-combustible wall systems. I am currently in the Pacific
Northwest developing partnerships to expedite our West Coast
development to respond quickly to this disaster. LIGA will
publicize these efforts soon. The use of lumber for framing
buildings will be a relic of the past and LIGA will be at the
forefront of this new revolution in construction." Simons
continues, "As our Company's business plans proceed, LIG Assets is
uniquely positioned to rebuild ravaged areas in a manner that will
persevere and survive future storms and natural disasters. Our
technology will ensure families are safe and have power and water
when municipal systems fail. Our buildings will greatly reduce the
financial damage imposed by such disasters and most importantly it
will save lives. As a result, LIGA is poised to yield outstanding
return on investment given our position in a market with such
overwhelming demand for our products and services and a Company
that our investors can be proud to hold ownership in."
Panama City Beach - Florida
Development: LIGA also announces the Company has
received the approval of pending soil test results for the
residential development project in Panama City, Florida. The
Company will continue to provide detailed updates on the project's
progress and construction commencement. LIGA also plans the rapid
expansion of capabilities and corporate presence in the state of
Florida as the Company is currently implementing in the state of
Texas.
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 are detailed in the
Company's respective filings at www.otcmarkets.com.