Replies to post #44657 on LIG Assets Inc (LIGA)

[ChannelTrader]

7 million bid now at 0041...currently.

touched 41 a couple weeks ago.

[scoobey-do]

According to LIG Assets 2019 10-Q, LIGA will be interviewing to hire an Auditor/Accountant during the second quarter of 2019.

Item IX: Third Party Providers

Please provide the name, address, telephone number, and email address of each of the following outside providers that advise your company on matters relating to operations, business development and disclosure:

Accountant or Auditor Name: Auditor interviews begin 2nd qtr 2019 Firm: Address 1: Address 2: Phone:

I will be looking forward to the upcoming interview and hiring of an Auditor.

The 10-Q also states:

The 2018 results were adjusted upward by a small amount as a few interest payments were properly reclassified as principal and interest. As mentioned in the 2018 annual report the published 2017 numbers were materially adjusted as we continuously reviewed the transactions while converting to a common accounting software platform. Now that all accounting is ‘in house’ we do not expect any new material adjustments to prior periods. The current general ledger should be a relatively easy audit for any PCAOB registered firm. The next technology step will be to install a general ledger with subsidiary accounting and consolidations. This will likely be in 2020.

The 10-Q statement reports the fact that there were adjustment required to be made to the financials based on prior accounting classification errors. Once LIGA hires an Auditor, we should be able to rely on the financials for actual results. This is a major step in the right direction for LIGA's future success.