Tuesday, March 28, 2017 7:18:19 AM
So, up until now what have we heard on LIGA:
1. There's a new management with a clear objective on how to lead the company.
2. Reduction and renegotiation of old debit.
3. The promise to not increase share structure in the market nor do a reverse split, at least for 3 years or December 31, 2019 unless the common stock share price trades above .05 per share for at least 30 calendar days.
4. Strategic association with the legendary Robert Plarr.
5. Election of the company ENERGEO as the construction company.
6. We have a location in Bay side, Panama City beach where the first house will be built to serve as a model home for the future ones.
7. We have the promise of the company to follow closely that each and every insider, shareholder and those with preferred shares, are playing according to the rules.
8. We have a place where each shareholder can subscribe and receive updates and newsletters regarding LIGA plans.
9. Coming soon a chat room on the company's website for shareholders to interact.
10. Negotiation and commercialization of Robert Plarr's technology and products.
11. The company has entered a partnership agreement with BGTV Direct, LLC. - Worldwide Media Solutions.
12. Management is also considering a variety of options to reduce the share count through private transactions, a buyback program, or stock swap.
13. The conversion rate of preferred stock to common was reduced from 50 to 1 to a rate of just 1 to 1.
14. And last but not least, the company maintains direct and clear communication with its shareholders.
15. Company has authorized the option for a stock repurchase program by LIG Assets, Inc. for shares of the Company's common stock, designed to create further value for Company shareholders. These shares may be repurchased from time to time in the open market or in privately negotiated transactions. In addition, the Company is currently formalizing partnership agreements with strategic companies to form additional entities with ownership positions for LIG Assets, Inc.
16.Company is moving forward with its stated plans for rapid expansion into other sectors and business opportunities via acquisitions, mergers and joint venture partnerships. The Company will provide further information regarding the specifics of each planned partnership in the very near future. The timing and the amount of any repurchases of common stock will be determined by LIG Assets' management based on its evaluation of market conditions and other factors. Any repurchased common stock will be available for use in connection with the Company's stock plans and for other corporate purposes such as further acquisitions, partnerships, mergers and to increase the Company's value and future opportunities for growth and expansion and to create further value for Company shareholders.
17. BGTV Direct, LLC. -- Worldwide Media Solutions will provide all the necessary operational funding, staffing and management of the entire project. BGTV Direct has all the expertise and experience to ensure the success and objectives of the project as well as direct relationships with all the major television, cable, radio and print media venues the firm will be utilizing to provide real estate professionals and organizations with original content advertising segments in their respective markets from local to nationwide audiences across the country.
Thanks to all for the key points which were missing!
ALL of my posts are MY personal opinion. Never BUY/SELL based on any of my posts. I AM NOT a licensed broker.
I DO NOT receive money for publicizing purposes.
DO YOUR OWN DD.
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