ProfitScout
1 week ago
LIGA Expanding Sustainability Platform, Making Investment in Carbonaix Corp; Engaging Audit Firm and Commences Search for CEO and Management Team
NASHVILLE, TN, April 15, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- LIG Assets, Inc. (OTC Pink: LIGA) (the "Company"), a publicly traded sustainability-oriented holding company with a focus on sustainable housing, media, and logistic markets, is furthering its platform with its key strategic investment in Carbonaix Corp., a development stage company focused on business and consumer engagement in Carbon Credits and Offsets as well as unique solutions in Climate Tech and Energy Efficiency. Furthermore, in anticipation of uplisting to OTCQX/QB, LIG Assets is also engaging a PCAOB firm to audit its financials and the Company has commenced an Executive Search for C-Level Management: CEO, COO and CTO.
On April 12, 2024, the Company and Carbonaix Corp executed a non-binding Memorandum of Understanding that provides LIGA with an exclusive right to invest up to $500,000 in a Series Seed Round in Carbonaix and arrange through strategic partners another secondary round of up to $2,000,000 with Definitive Agreements executed with 60 days. LIGA is currently in the process of re-capitalizing and expects to conclude the transaction when funding is completed.
"Today's announcement is an important milestone for LIGA. As we move closer to various mergers, acquisitions and joint ventures, we have attracted more attention from investors and funds recently. Our strategy is to trade through a new OTCQX/QB stock quotation allowing more accessibility for investors in the capital markets to purchase shares in LIGA,” stated Marvin Baker, Chairman and President of LIG Assets.
Baker continued, “The Investment in Carbonaix, the engagement of an auditor and the Executive C-Level search are important steps to strengthen the existing LIG foundation and position it for uplisting to OTCQX/QB. Furthermore, Carbonaix’s technology in Carbon, Climate and Consumer Engagement provides LIGA with a cohesive strategic plan to enter a new consumer market and provides a model in which to scale the core business into multiple categories. The Carbonaix platform will have ‘first mover’ status’ in an entirely new market.”
“We appreciate the Interest and Investment provided by LIG Assets and are looking forward to growing together at this important time in Climate Tech and Consumer Engagement. Carbonaix is private sector solution to a worldwide problem,” said Scott Harmolin, Chairman and CEO of Carbonaix. With a proven history, Mr. Harmolin has a track record starting and developing leading edge technology companies, such as Icon CMT Corp. His expertise extends to managing both private and public funding initiatives, as well as overseeing mergers and acquisitions.
For more information about Carbonaix: http://www.carbonaix.com.
About LIG Assets, Inc.:
LIG Assets, Inc., (OTC:LIGA) in association with Robert Plarr is the emerging "Leader in Green Assets" -- focused on exclusive green, renewable energy and sustainable and disaster resistant homes, living systems, technologies and components to be utilized in the residential and commercial real estate acquisition and development projects currently underway and now individual product sales, as well as rapid expansion into other sectors via acquisitions, mergers and joint venture partnerships. LIG Assets, Inc. trades on the pink sheets under the ticker symbol "LIGA."
Shareholder/Investor inquiries can be directed to:
LIG Assets, Inc.
Telephone: (833) 544-2466 / (833) LIGAHOMES
Facebook @ www.Facebook.com/ligahomes
Twitter @ https://twitter.com/ligassets
Forward-Looking Statements:
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings on file at https://www.otcmarkets.com/stock/LIGA/overview
ChannelTrader
2 months ago
LIGA Highlights Significant Achievements in 2024 and Presents a Forecast for the Upcoming Year
https://www.globenewswire.com/news-release/2024/03/06/2841429/0/en/LIGA-Highlights-Significant-Achievements-in-2024-and-Presents-a-Forecast-for-the-Upcoming-Year.html
NASHVILLE, TN, March 06, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – LIG Assets, Inc. (OTC Pink: LIGA) (the "Company"), a publicly traded sustainability-oriented holding company with a focus on sustainable housing, media, and logistic markets, is excited to provide investors with a recap of the Company's achievements in January & February, as well as a forecast for 2024.
Strategic Partnerships: Bullion Consortium, Inc, a joint venture, was formed to be a capital advisory and investment portfolio company to invest in public and private companies in industry sectors: construction, sustainable housing, renewable energy, media and logistic companies that prevents diluting the ownership interests of our shareholders. Currently, Bullion is in the final stages of financing of a company that is generating over $100 million gross revenue per year. https://bullioninc.net
Joint Ventures: The collaboration between the Company and Hollywall Entertainment led to the launch of Ailiance, which can be found at https://ailiance.net. This Joint Venture was established with the goal of creating new revenue streams from their music assets. Ailiance was formed due to the numerous deals being pursued for the Melody Trust catalog, including the highly successful moon launch. This has been featured all over the news in the month of February.
For further information, you can refer to an article from Billboard Magazine, last week, that discusses the moon landing and significance of the Melody Trust music catalog.
https://www.billboard.com/music/rock/moon-landing-2024-music-lunar-capsule-1235615080/
Marketing Partnership: LIGA and Alliance have collaborated with Ace Media, headquartered in New York. The first partnership is with Ace Media and Melody Trust have established Ace Melody to concentrate on different catalogs, such as iconic and historical photograph collections like the Summer of Love. Our current efforts involve monetizing a selection from their catalog for Black Music Month, celebrated in June.
Focus on NFT's: Since the launch to the moon in February, The Company maintained its emphasis on Lunar Records NFT-based merchandise prospects, specifically aiming at the music and photography art sectors. With a dedication to delivering inventive monetization solutions for artists in various genres in 2024, the Company strives to utilize NFT opportunities to enrich customer experiences and boost sales through its unique non-traditional revenue streams, setting it apart from other companies in the music industry. https://lunarrecords.com/
Investor Interest: The Company has attracted attention from investors due to its strategic partnerships, joint ventures, effective marketing campaigns, and emphasis on diverse monetization avenues. Through its creative strategies for generating alternative revenue streams and proven track record in sectors such as construction, telecommunications, logistics, and entertainment, The Company has established itself as an appealing investment prospect for individuals seeking opportunities in dynamic industries.
Outlook for 2024: Overall, LIG Assets, Inc. has had a highly productive start to 2024, and we anticipate taking advantage of the different opportunities that we currently have in our pipeline.
In summary;
Bullion Consortium is in the process of finalizing the financing for the transition of a significant private company into a publicly traded entity through the use of a special purpose vehicle.
Ailiance aims to generate revenue from the Melody Trust catalog and then intends to sell the entire catalog to the highest bidder.
Ace Melody is presently engaged in the monetization of music and images through multiple major projects that will receive sponsorship from corporations for diverse events.
Lunar Records has been established to capitalize on the space missions that commenced with the initial launch in February and will continue with four additional launches within the next two years.
LIG Assets intends to capitalize on these emerging prospects by collaborating with a diverse group of individuals and funds who express interest in partnering with us on these multifaceted initiatives.
This strategic approach will obviate the necessity of divesting shares in our company, thereby safeguarding the value of our shareholders. Additionally, we retain the prerogative to acquire other companies as they arise and allocate funds towards repurchasing our own stock.
About LIG Assets, Inc.:
LIG Assets, Inc., (OTC:LIGA) in association with Robert Plarr is the emerging "Leader in Green Assets" -- focused on exclusive green, renewable energy and sustainable and disaster resistant homes, living systems, technologies and components to be utilized in the residential and commercial real estate acquisition and development projects currently under way and now individual product sales, as well as rapid expansion into other sectors via acquisitions, mergers and joint venture partnerships. LIG Assets, Inc. trades on the pink sheets under the ticker symbol "LIGA."
Shareholder/Investor inquiries can be directed to:
LIG Assets, Inc.
Telephone: (833) 544-2466 / (833) LIGAHOMES
Website: www.LeaderInGreenAssets.com
Facebook @ www.Facebook.com/ligahomes
Twitter @ https://twitter.com/ligassets
Forward-Looking Statements:
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings on file at https://www.otcmarkets.com/stock/LIGA/overview
ProfitScout
5 months ago
New Twitter (X) update: $LIGA supplied a new homeowner with Insultex™ House Wrap, with any other house wrap, they'd have to cover it with foam to achieve that insulation, but with Insultex, you don't have to worry about that. It takes care of water & air infiltration issues with a tight thermal barrier
$LIGA supplied a new homeowner with Insultex™ House Wrap, with any other house wrap, they'd have to cover it with foam to achieve that insulation, but with Insultex, you don't have to worry about that. It takes care of water & air infiltration issues with a tight thermal barrier pic.twitter.com/vrJmjwIKkO— LIGA (@LIGAssets) November 29, 2023
ProfitScout
6 months ago
$LIGA News (again mentioning the new agreement with $IVDN for Insultex House Wrap): Bullion Consortium Inc. and LIG Assets, (LIGA) Signs LOI to Purchase Construction Companies
Nashville, TN, Nov. 08, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –Bullion Consortium Inc. in association with LIG Assets, Inc. (OTC Pink:LIGA), a publicly traded sustainability-oriented holding company with a focus on sustainable housing, media, and logistic markets, has signed a letter of intent to acquire a 25-year old construction company that has been producing an average of $100-200 million in annualized sales since 2018.
Bullion has recently announced they have formed a 506 D Private Placement offering to raise growth operating capital for their initial acquisitions. In addition, Bullion is currently negotiating to acquire a SPAC and several other public companies to merge one of several Real Estate construction and technology companies they are currently contracting to acquire.
"Bullion Consortium has given us an opportunity to raise funds and create other opportunities to raise considerable amounts of money to acquire these companies without any massive dilution to $LIGA shareholders," Marvin Baker continued, "I will be meeting with the CEO next week to work towards a definitive agreement to secure this deal, and I am excited to announce that I will be attending several Sustainable Home Building Conferences in the US and will be meeting with the principals of numerous construction company partners to discuss Bullion’s Merger and Acquisition plans."
Recently LIG Assets announced signing a Sales Representative Agreement for Tennessee and Alabama for Insultex House Wrap® with Innovative Designs, Inc. (IDVN), and LIGA will be posting pictures of our first use of Insultex House Wrap® on a renovation to our social media accounts.
The benefits to builders and homeowners is that Insultex House Wrap® protects against water intrusion that could get behind the exterior cladding which in turn can cause mold, mildew and rotting. Insultex will increase comfort in a building structure by reducing drafts and increasing its efficiency. UV inhibitors are blended into the polymeric material to protect it from harmful ultraviolet degradation.
About Bullion Consortium Inc.
Bullion Consortium is jointly held by LIG Assets, Inc. (OTC Pink: LIGA ) and Hollywall Entertainment, Inc. (OTC Pink: HWAL). Bullion Consortium Inc was formed to be a capital advisory and investment portfolio company to invest in public and private companies in the industry sectors: sustainable housing, renewable energy, themed entertainment real estate and hospitality properties, and TV, Radio, Cable Networks, and Syndication Groups.
About LIG Assets, Inc.:
LIG Assets, Inc., (OTC:LIGA) in association with Robert Plarr is the emerging "Leader in Green Assets" -- focused on exclusive green, renewable energy and sustainable and disaster resistant homes, living systems, technologies and components to be utilized in the residential and commercial real estate acquisition and development projects currently under way and now individual product sales, as well as rapid expansion into other sectors via acquisitions, mergers and joint venture partnerships. LIG Assets, Inc. trades on the pink sheets under the ticker symbol "LIGA."
Corporate Communications, Contact Data & Shareholder/Investor inquiries can be directed to:
LIG Assets, Inc.
Telephone: (833) 544-2466 / (833) LIGAHOMES
Website: http://www.LeaderInGreenAssets.com Facebook @ www.Facebook.com/ligahomes Twitter @ https://twitter.com/ligassets
Safe Harbor Forward-Looking Statements:
This press release and the statements of representatives of Hollywall Entertainment, Inc. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, the Company’s ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
https://www.globenewswire.com/newsroom/ti?nf=ODk3NTAyNiM1OTE2ODU5IzUwMDAzMjIyMw==
https://ml.globenewswire.com/media/MmUyMDllOTAtN2Y5OC00OTg3LWE4MzgtZWU2YWViYjM2Nzg5LTUwMDAzMjIyMw==/tiny/LIG-Assets-Inc-.png
Source: LIG Assets, Inc.
scoobey-do
6 months ago
Bullion Consortium Inc. and LIG Assets, (LIGA) Signs LOI to Purchase Construction Companies
Nashville, TN, Nov. 08, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –Bullion Consortium Inc. in association with LIG Assets, Inc. (LIGA), a publicly traded sustainability-oriented holding company with a focus on sustainable housing, media, and logistic markets, has signed a letter of intent to acquire a 25-year old construction company that has been producing an average of $100-200 million in annualized sales since 2018.
Bullion has recently announced they have formed a 506 D Private Placement offering to raise growth operating capital for their initial acquisitions. In addition, Bullion is currently negotiating to acquire a SPAC and several other public companies to merge one of several Real Estate construction and technology companies they are currently contracting to acquire.
"Bullion Consortium has given us an opportunity to raise funds and create other opportunities to raise considerable amounts of money to acquire these companies without any massive dilution to $LIGA shareholders," Marvin Baker continued, "I will be meeting with the CEO next week to work towards a definitive agreement to secure this deal, and I am excited to announce that I will be attending several Sustainable Home Building Conferences in the US and will be meeting with the principals of numerous construction company partners to discuss Bullion’s Merger and Acquisition plans."
Recently LIG Assets announced signing a Sales Representative Agreement for Tennessee and Alabama for Insultex House Wrap® with Innovative Designs, Inc. (IDVN), and LIGA will be posting pictures of our first use of Insultex House Wrap® on a renovation to our social media accounts.
The benefits to builders and homeowners is that Insultex House Wrap® protects against water intrusion that could get behind the exterior cladding which in turn can cause mold, mildew and rotting. Insultex will increase comfort in a building structure by reducing drafts and increasing its efficiency. UV inhibitors are blended into the polymeric material to protect it from harmful ultraviolet degradation.
About Bullion Consortium Inc.
Bullion Consortium is jointly held by LIG Assets, Inc. (OTC Pink: LIGA ) and Hollywall Entertainment, Inc. (OTC Pink: HWAL). Bullion Consortium Inc was formed to be a capital advisory and investment portfolio company to invest in public and private companies in the industry sectors: sustainable housing, renewable energy, themed entertainment real estate and hospitality properties, and TV, Radio, Cable Networks, and Syndication Groups.
https://seekingalpha.com/pr/19528481-bullion-consortium-inc-and-lig-assets-liga-signs-loi-to-purchase-construction-companies?hasComeFromMpArticle=false
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