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LIG ASSETS, INC
 

LIG Assets, Inc. is Dallas based Company focused on residential and commercial real estate. The Company concentrates primarily on income-producing properties, whose cash flow and operating leverage contribute to the overall value of the entire LIG Assets enterprise. The company currently maintains a portfolio of approximately 300 cash flow generating single family homes throughout the state of Texas.

LIG Assets has recently activated new asset based lending agreements to finance a new round of purchases of single family homes in Texas. These single family homes are purchased at a market discount and remodeled or upgraded before being sold or leased at a profit or positive cash flow. The Company plans to greatly increase buying activity over the near-tem, and also offers accredited investors the opportunity to partner on these transactions.

In addition to offering partnering opportunities, the Company is now also offering Hard Money Loans for up to 70% of the after repaired value (ARV) on single family homes. The Hard Money Loan includes both the funds for the rehab and purchase of the property. These loans enable investors to purchase the property quickly and completely leverage their investment in order to obtain a maximum return on their investment.

Today, LIG Assets, Inc. is poised to generate significant cash flow and net income from current and future properties and transactions, thus substantially increasing shareholder value from current levels.


Management Team

 

Kenneth C. Wiedrich, Acting CEO/Secretary, is a senior level executive with extensive hands-on experience in management, operational accounting, reporting for public companies, finance functions and in dealing with Board of Directors, Banks, Attorneys, Audit firms and the SEC. He has been the CFO of a number of small public companies, some of which were start-up companies, which he helped through the start up phase of their operation. He also has experience with government cost accounting methods and all related government acquisition regulations.
 
Tammy Jones, Office Manager, has been with LIG since 2011. As the Office Manager, Tammy provides exemplary customer service to clients and administrative support to the LIG team. Some of her responsibilities include managing accounts payable, payroll, and ensuring that the day-to-day business runs smoothly.
 

2015 News 
 


SOURCE: LIG Assets, Inc.

LIG Assets, Inc. Announces Drilling Permits for West Texas Oil Lease

Lease Improvements and Drilling Work are Expected to Begin in the Near Term With Production Estimates of Up To 800 Barrels Per Day

DALLAS, TX / ACCESSWIRE / January 6, 2015 / LIG Assets, Inc. (OTC Pink: LIGA) (PINKSHEETS: LIGA), today announced the receipt of permits to begin drilling on the company’s recently acquired oil lease in west Texas. Work on the lease is expected to begin in the near term with production estimated to reach up to 800 barrels per day.

In October 2014, LIG Assets’ wholly owned CP Resources, LLC subsidiary executed an option to acquire lease interest and drilling interest for the 485-acre oil lease located in west Texas.

Up to 12 wells are planned for the lease and are intended to be drilled to a depth of approximately 6,400 feet, possibly encountering potential hydrocarbon bearing formations in the Cambrian, Canyon, and Strawn Formations. These zones have past initial production (IP) rates in the Permian basin region of up to 200 BOPD to 800 BOPD, which could lead to very significant revenue and cash flow from the lease. 3-D and other technologies have been utilized to further define the potential of the lease.

Joint venture partners will share in revenues generated based on their percentage interest purchased from the company’s portion of the project.

CP Resources, LLC and West Coast Partners, LLC become wholly owned subsidiaries of LIG Assets, Inc. through a merger transaction announced on September 4, 2014. The primary focus of the merged entity will be to develop its current portfolio of leases for oil and gas reserves on and additional leases as identified.

“With the appropriate permits in place, we are moving forward with the drilling on our west Texas lease,” said Anthony Feezel, Vice President of Operations for LIG Assets, Inc. “The initiation of drilling is a significant milestone as it is expected to deliver the first revenues from our oil and gas subsidiaries since the merger with CP Resources, LLC and West Coast Partners, LLC was announced in September 2014.”

About LIG Assets, Inc.

In September 2014, LIG Assets, Inc. based in Dallas, TX, a Company focused on residential and commercial real estate, merged with West Coast Partners, LLC and CP Resources, LLC that are also based in Dallas. West Coast Partners and CP Resources are focused on oil and gas exploration and production. These entities currently have over 36,000 acres under lease with geological reports that demonstrate the potential for massive reserves.

LIG Assets, Inc. still plans to expand its residential portfolio and increase commercial property transactions. The real estate division will continue to operate as a separate subsidiary under LIG Assets. LIG Assets, Inc. 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:

LIG Assets, Inc.
1700 Pacific Ave. Suite 1850
Dallas, TX 75201
214-760-1000

SOURCE: LIG Assets, Inc.

LIG Assets, Inc. Takes Position in North Dakota Oil Leases

03/04/2015

DALLAS, TX--(Marketwired - Mar 4, 2015) - LIG Assets, Inc. (OTC PINK: LIGA) today announced that the Company has elected to participate in a 10% industry position in a group of oil leases located in the Bakken formation in North Dakota. The leases comprise approximately 1,280 acres in McKenzie County, the most productive oil producing county in the state. Approximately 80% of the wells that are permitted in the Bakken formation are in McKenzie County.

The lease has the capacity for 7 wells in the Bakken and Three Forks Formations with the potential for approximately 22 other wells in multiple formations.

The participation in these leases expands the Company's oil lease interests into a new geographic area -- beyond just the southwest United States and into the northern Great Plains. The Company will continue to evaluate additional oil and natural gas opportunities in other geographic areas as they present themselves.

"We are pleased to add our position in these additional leases to our oil interests," said Kenneth C. Wiedrich, acting CEO of LIG Assets, Inc. "We believe these leases have significant production potential and look forward to the commencement of drilling as soon as possible."

About LIG Assets, Inc.
In September 2014, LIG Assets, Inc. based in Dallas, TX, a Company focused on residential and commercial real estate, merged with West Coast Partners, LLC and CP Resources, LLC, that are also based in Dallas. West Coast Partners and CP Resources are focused on oil and gas exploration and production. These entities currently have over 36,000 acres under lease with geological reports that demonstrate the potential for massive reserves.

LIG Assets, Inc. also engages in commercial and residential real estate investments and holds a portfolio of residential properties. The real estate division operates as a separate subsidiary under LIG Assets. 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 atwww.OTCMarkets.com.

Contact:
LIG Assets, Inc.
1700 Pacific Ave. Suite 2680
Dallas, TX 75201
214-760-1000
info@advanceprgroup.com

 Permian Basin - Mergers & Acquisitions

 
Announce Date Buyer Seller Value $MM Type
02/06/2015 PARSLEY ENERGY INC. Not Disclosed $139 Acreage
02/04/2015 VICTORY ENERGY CORPORATION LUCAS ENERGY, INC. --- M&A
01/20/2015 MATADOR RESOURCES COMPANY HEYCO ENERGY GROUP, INC. $37 Property
11/24/2014 AMERICAN ENERGY PARTNERS TALL CITY EXPLORATION LLC $440 Asset
11/12/2014 CAZA OIL & GAS, INC. CLAYTON WILLIAMS ENERGY INC. --- JV
10/31/2014 MEXCO ENERGY CORPORATION Not Disclosed $2 A&D
10/27/2014 BREITBURN ENERGY PARTNERS L.P. ANTARES ENERGY LTD $50 Property
10/14/2014 MID-CON ENERGY PARTNERS LP Not Disclosed $120 Acreage
10/09/2014 CAZA OIL & GAS, INC. Not Disclosed --- Property
10/09/2014 CP RESOURCES LLC,LIG ASSETS INC. Not Disclosed --- Acreage
Source: http://www.shaleexperts.com/


Most Recent Financials Filed November 19th 2014
http://www.otcmarkets.com/financialReportViewer?symbol=LIGA&id=129588
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#20339  Sticky Note LIG Assets, Inc. Files Second Quarter Report with Shaz 08/15/16 03:10:11 PM
#20852   Huge buys today! Duffman3242 09/23/16 04:47:31 PM
#20851   LIGA chart ChannelTrader 09/22/16 04:10:50 PM
#20850   wow. huge buys now. gail 09/22/16 03:58:18 PM
#20849   .0007 up again quiet accumulation just need the koolmc 09/22/16 03:25:11 PM
#20848   That's true. Time is near. Go LIGA >>> MVIR 09/22/16 08:34:08 AM
#20847   Still waiting for the total disposal of the Randy1111 09/21/16 01:38:15 PM
#20846   Tightening up here...easy cheap shares getting very hard ChannelTrader 09/21/16 01:30:38 PM
#20845   yep already more then halfway there koolmc 09/21/16 01:10:21 PM
#20844   Getting close to 00's ChannelTrader 09/21/16 10:25:53 AM
#20843   6s cleared...7s up...only 2.4m on 'em Shaz 09/21/16 10:24:36 AM
#20842   It's been good since April...take another look. ChannelTrader 09/20/16 06:04:16 PM
#20840   LIGA chart ChannelTrader 09/20/16 04:39:09 PM
#20839   .0007 getting the momentum good time for company koolmc 09/20/16 03:50:16 PM
#20838   yup, looks that way gail 09/20/16 01:49:04 PM
#20837   I think 0007 is up. ChannelTrader 09/20/16 01:43:40 PM
#20836   wow, that WAS a huge buy. gail 09/20/16 01:29:27 PM
#20835   his coming in now koolmc 09/20/16 12:05:51 PM
#20834   Nice slap...0007 is close. ChannelTrader 09/20/16 12:04:30 PM
#20833   nice slap...<1m 6s left on 5m vol...7s up soon Shaz 09/20/16 12:03:37 PM
#20832   The "V" is finally off the ask Mako_Trader 09/20/16 10:24:34 AM
#20831   Yes it has...I love when a purge is complete. ChannelTrader 09/19/16 12:41:31 PM
#20830   Agree...early sellers appear to be out of shares. ChannelTrader 09/19/16 12:40:47 PM
#20829   not sure but its been holding steady. gail 09/19/16 12:39:35 PM
#20827   Going up soon, if there are no shares Afoster 09/19/16 12:34:30 PM
#20826   I wonder if our low-ball seller is out ChannelTrader 09/19/16 12:27:40 PM
#20825   Agree...upper consolidation is always bullish. ChannelTrader 09/16/16 02:25:04 PM
#20824   Looking to get frisky in here soon.. Like Mako_Trader 09/16/16 02:00:52 PM
#20823   Soon imo. ChannelTrader 09/16/16 11:42:25 AM
#20822   im surprised that 6 is not falling with gail 09/16/16 11:36:54 AM
#20821   Looking bullish today. ChannelTrader 09/16/16 11:26:04 AM
#20820   wow, cdel just joined the bid. gail 09/16/16 11:21:48 AM
#20819   i think they......... gail 09/16/16 11:20:48 AM
#20818   some one whacked at bid vndm still there koolmc 09/16/16 11:13:23 AM
#20817   i figured 6 would fall with that bid gail 09/16/16 11:12:27 AM
#20816   where is everybody else lol, guess not much koolmc 09/16/16 11:09:15 AM
#20815   true gail 09/16/16 11:04:30 AM
#20814   good sign rarely see vndm on the bid koolmc 09/16/16 10:51:59 AM
#20813   huge bid and its vndm. hmmmm. gail 09/16/16 10:22:25 AM
#20812   think with updated website newsletter along with it, koolmc 09/15/16 03:29:49 PM
#20811   i signed up for the news letter but gail 09/15/16 03:26:02 PM
#20810   been checking website everyday lol koolmc 09/15/16 03:14:41 PM
#20809   there is ONLY 500k left at 5. come gail 09/15/16 03:02:59 PM
#20808   5 up with very little there. gail 09/15/16 02:15:43 PM
#20807   Let's see .0001 Duffman3242 09/14/16 04:00:43 PM
#20806   Let's see 0007 ChannelTrader 09/13/16 12:28:32 PM
#20805   6's falling gail 09/13/16 12:24:15 PM
#20804   Nice...let's see some more. ChannelTrader 09/13/16 12:21:43 PM
#20803   Hoping the 5 gets tapped. Thats me Randy1111 09/13/16 12:08:00 PM
#20802   6 getting tapped gail 09/13/16 11:10:00 AM
#20801   Can anyone link me as to how shorts Duffman3242 09/13/16 11:04:49 AM
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