DD:All things point north with this stock.the chart, the potential, low float, the balance sheet,especially the $28,000,000 investment(book value worth as of DEC 31.2012)
50 CENTS TARGET PRICE by GOLDMAN,that has been made before This week developments:
1."LIG Assets is actively involved in a number of large transactions with the Strategic Alliance at various stages. The Company prefers not to announce specifics about these transactions for competitive reasons and until we reach a point of near certainty they will close"
2.and the net equity of $8,485,932 and the outstanding shares at 99,911,100,that hasn't been changed,and the net book value of .0849 per share.)
3.and the partnership with Gillmann Group
this can give you an Indication about what is exepected here.
Assets(28m) still x 14 than current market cap a/o Apr 11, 2013
"This may be the first time in my 23 years in the business that I have ever covered a stock whose price is below the expected EPS for the current year. Investors should consider this rare phenomenon a flashing buy signal".
"Our target price is $0.50, which is only 7x 2012 estimated EPS, and represents a very low P/E multiple...
We predict that LIGA will be much higher on its own merits and through its ownership in SuiteMagic".
"These guys are classic financiers that turn small fortunes into large ones through asset-based acquisition, lending and sales, and roles as venture capitalists. Just on the earnings this totally unknown company should trade many times more than its market cap".
- Analyst Robert Goldman-