LIG Assets Inc (LIGA)

[Afoster]

Wouldn't be surprised that wasn't a short at work dumping all of those shares at once to keep the stock down, see for yourself;

http://otcshortreport.com/index.php?index=LIGA&action=view

Date Close High Low Volume Short Volume % of Vol Shorted
Nov 23 0.0009 0.001 0.00078 50,189,948 27,581,214 54.95%
Nov 22 0.0012 0.0015 0.0008 78,443,152 26,386,948 33.64%
Nov 21 0.0007 0.00075 0.0005 2,108,730 500,000 23.71%
Nov 18 0.0007 0.0007 0.0007 1,453,333 1,399,557 96.30%
Nov 17 0.0007 0.0007 0.0005 7,634,739 2,700,000 35.36%
Nov 16 0.0006 0.0006 0.0005 1,734,200 0% 0%
Nov 15 0.0006 0.0006 0.0006 225,000 0 0% 0%
Nov 14 0.0006 0.0007 0.0006 10,410,000 0% 0%

Everybody expects these penny stocks to crash because 9 times out of 10 they do, but LIGA is different because of the high short positions, see above, and the following reasons;

Massive Debt: Just resolved, see current PR
Potential Massive Dilution: LIGA management not allowing anymore dilution anytime soon or until it hits 0.1 per share which is OVER 110 FOLD from where it closed, 0.0009, yesterday.
High O/S: Usually another issue with penny stocks is they can't generate enough money to make their share valuation worth anything. Real estate companies are different because they can generate $100 of millions in deals which makes high o/s irrelevant at these prices, IMO.
Paid Promotion: So far, I've seen NO Paid Promotion anywhere.

Long and Strong, GLTA