LIG Assets Inc (LIGA)

[INTHEKNOW1]

RESPONSE TO MY INQUIRY.. INSIDE

Thank you for your question and we appreciate your interest as a shareholder. No shares were sold in reference to the deposit of $150k downpayment and the remaining $850k I negotiated the Seller accept incremental quarterly payments beginning in June 2018 over a 2 year period and as incentive for doing so seller would receive a 1% bonus on each home closing with period ending 2 years or whenever development inventory sells out whichever comes first. No interest for the loan other than the 1% bonus as seller is somewhat a partner due to the structured repayment plan until paid in full. LIGA owns full rights to the deed conveyed of 30 acres and first option to buy the remaining 30.19 within the next 12 months. Leaves LIGA very cash positive after profit from each home sale to easily make the quarterly obligations with excess profits remaining.

We are devoted to keep our share structure positive for the overall health of the company and our valued shareholders. Thank you again for your interest and investment as a shareholder of LIGA.

Linda Byrd
President
LIGA Homes