LIGA Todays PR is telling us they are going to spin off some asset they own into another public company. I think some of the shares in the new spinoff company will go to shareholders as a dividend. The cash from these deals will be used for buy backs.
at least one of these newly established companies will begin the process of going public immediately.
The equity and capital derived from these newly formed entities will be applied toward the Company's stated goals which include implement a buyback program of LIGA's stock, giving dividends to our loyal investors
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