Replies to post #4695 on INSTATRADER'S LONG TERM OTC WINNERS!!!!

[TrackDude]

Thanks Insta. Hoping this is finally the year for LIGA as well. Still holding all of my shares there. Just need some PRs here now.

[INSTATRADER]

LIGA - Why is it moving now? I think the path to big $ profits may have revealed itself.

This here from 10/14 PR may have something to do with it:

LIGA's management is now negotiating to make a deal and/or joint venture agreement to take full advantage of our $3 million tax loss carried forward. Project specific news will follow very soon since resolution of these two issues frees up management to focus on all of our projects including but not limited to the development of the properties in Brentwood, Tennessee and Buck Lake Ranch

The Brentwood project is no small item... Back in early 2018 Brentwood REVS were projected to be ~$54M

....THIS IS BEFORE PRICES HAVE GONE UP THRU CORONAVIRUS...



...HERE IS WHERE THE COMPANY WAS TO BEGIN PRICING TO GET TO THAT FIGURE:

https://www.otcmarkets.com/stock/LIGA/news/LIG-Assets-Closes-on-60-Acre-Upscale-Residential-Subdivision-Project-in-Brentwood-Tennessee-Projected-Sales-Phase-1-2800?id=182244



We know units begin at $599K (increased later to 699K) but lets use this figure...

We know smallest units are 2800 sf

So we know the pricing floor is ~$214/sf to reach their prior profit goals 599K/2800 = 214/sf

....All MGMT HAD TO DO IS GET CASH/PERMITS OR A PARTNER/PERMITS TO BEGIN. LETS SEE HOW HARD THAT WOULD BE... TAKE A GLANCE AT BRENTWOOD HOME VALUES FROM 30,000 FT

GENERAL 4 BED 3 BATH SEARCH ON ZILLOW



NEW CONSTRUCTION 4 BD 3 BA SEARCH



So what does it all mean?

Well when you have a project that is well profitable selling units at $599K (whether they do or not is irrelevant b/c if not it will be higher) - and similar homes sell north of $1M - as a realestate guy myself I can tell you they will have NO PROBLEMS FINDING A PARTNER

FINALLY THE CHERRY ON TOP IS THAT $3M CARRYFORWARD LOSS. LOOK AT IT MORE AS A BUILT-IN GAIN...and if the ENTIRE SELLOUT WAS ONCE THOUGHT TO BE $54M - YOU BET LIGA WOULD GET A LARGE SHARE OF THAT BRINGING ALL THE LAND/PERMITS/PLANS AND $3M IN WRITEOFFS

IM THINKING A DEAL (WHICH WAS SAID TO BE EXPECTED BY EOY 2020 WAS IN FACT DONE OR VERBALLY DONE ~12/14/20 CUZ THE CHART SHOWS THAT DAY EVERYTHING CHANGED FOR THE SP





LIGA MARKET CAP TODAY IS JUST ~7M


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