LIG Assets Inc (LIGA)

[StBernard]

CHRO, ZRZH, LIGA next? I was hoping to see a 'major' project before now. But I still suspect they are extremely close. And that is what we need to finally take this company from a 'clean shell' to actual revenue generation. As a clean shell LIGA is fairly valued right here. But a single development of, say, 25 homes in the $400,000 price range should yield plenty of profitability to justify a $10mm market cap which is a half penny.

Of course they keep alluding to an extremely large project for 'thousands' of homes in the PR's. If THAT happens then all bets are off how high this can go. But even a couple of modest developments for 50 - 100 homes makes this company worth $20mm and that is a stock price around a penny. A development for 'thousands'? Probably a 4 cent stock price.

But as shareholders we are in a bipolar situation right here. They can either close the deals alluded to and listed on the web site - or they can't. After attending the conference in Nashville I believe the odds are with us. And this is the second PR alluding to an extremely large project. Given Mr. Simons legal background I doubt he would put such a statement in a PR without a lot of confidence it will come true. But hey, things can (and do) go wrong so until the ink is dry on a contract LIGA is fairly valued right here.

BUT, one major contract, and (if we are lucky) perhaps two? Add LIGA to the all star chart hall of fame with CHRO and ZRZH.