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Monday, April 02, 2018 7:10:09 PM
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.
Chairman Aric Simons states, "In association with the Company's planned share repurchase option, we are currently completing partnership agreements with a number of strategic companies that have recently approached LIG Assets to partner with our Company on various real estate and media related projects. Their desire is to utilize LIG Assets' and Robert Plarr's state of the art construction materials and methodology that is pioneering and disruptive to the industry." Simons continued, "In addition to creating revenues for LIG Assets, 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 and to enhance the Company's future growth."
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