LIG Assets Inc (LIGA)

[Saving Grace]

I'm just calling it strait and a spade a spade. Nobody is allowed to own more than 58 mil shares being 9.9%

The O/S from the last quarterly was 402 mil.

The last SEC 13G filed Jan 31st has us with an O/S of 589 mil with a
9.9% buy in of 58 mil.

9.9% is the legal limit allowed from a single account to hold.

Now strategically this also tells me that there is more here than meets the eye. Magna reported with their SC 13G as a 9.9% holder with an increased OS at this timing meaning 3 other institutions or mutual funds other than Magna also picked up a 9.9% position which puts us at the current O/S with room to spare. I believe these 3 other 9.9% positions were allocated for with the Magna deal and just haven't reported yet. But the 589 was out at this time also telling me that these shares are transferring from one MM to another. The past few days has been no more than a set up for new positions at the par value of the stock. I have seen it before and LIGA is setting up for a massive run.

All of this is great news when institutions and mutual funds are buying in because it will be with no doubt the institutions that will drive the market once MM's have their positions established.

Here is the latest institutional holder and when they increased the O/S.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10435421