Wednesday, August 09, 2023 6:28:16 AM
Marvin Baker, President, and Chairman of the Board of LIG Assets, Inc., stated, "Over the past year, LIGA has been diligently cultivating corporate relationships to fulfill our mission as a Sustainability-Oriented holding company focused on sustainable housing, media, and logistic markets that truly benefit our investors. Our transformation into a fundamentally different and enhanced organization now involves collaborations with corporations like Hollywall Entertainment and Stargaze Entertainment creating dynamic synergies among all our relationships and unlock the full potential of the acquired media assets. Over the past 6 years operating LIG Assets has generated $25,000,000 in revenue deposited into our bank accounts. After analyzing the opportunities before us, the newly formed Stargaze Management team are projecting $3 to 5 million in revenue and estimates entertainment assets to top $5 million by the end of the first 12 months of consolidated operations, with exponential growth to follow."
Mr. Baker further stated, "We embrace new joint ventures, spin-offs, and strategic acquisitions that align with our vision for the future. This newest acquisition of STGZ is poised to amplify shareholder value for all three companies: LIGA, STGZ and HWAL. The acquisition of Stargaze Entertainment marks a strategic step forward for LIGA, as it positions itself for continued growth in the media and entertainment landscape. Investors can expect exciting developments as LIGA, in collaboration with Ailiance, HWAL, and STGZ drives innovation in the entertainment sector while delivering long-term value to its shareholders."
LIG Assets will release a corporate update that will detail why this is a necessary step in moving LIGA forward, how it will create shareholder value and the future deals that soon to be announced will impact LIGA's bottom line in the near future. The key to these new partnerships, joint ventures and acquisitions is to minimize any dilution of all of our companies while increasing the value and ultimately our stock price.
STGZ, HWAL and LIGA share a commitment to transparent communication and have pledged to keep shareholders informed about their progress and milestones. As part of this commitment, regular shareholder conference calls and timely news releases will provide comprehensive updates on their joint initiatives, ensuring shareholders remain apprised of the company's developments.
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