DALLAS, Aug. 15, 2013 /PRNewswire/ -- LIG Assets, Inc.
(OTCPK: LIGA), a Company focused on residential and commercial real
estate, is proud to announce that it has hired Richard W. Barber to become its interim,
full-time, in house Chief Financial Officer effective Monday, August 19, 2013. The position is
expected to become permanent. LIG Assets also announces that
it has contracted the services of The Hall Group, Certified Public
Accountants of Dallas, Texas to
become its outside auditor so that LIGA can file to become a fully
reporting Company.
Mr. Barber has extensive CFO experience at companies such as
Bank of America Investment Services, Inc., Computer Clearing
Services and Global Asset Management, Inc. Other notable
major firms that Mr. Barber has worked for include J.P. Morgan, and
Ernst & Young. Mr. Barber holds an M.B.A. in Finance from
Columbia University, New York.
Mr. Barber stated, "I believe LIG Assets is currently structured
for success, but the Company is in need of a person with my
experience to manage its cash flow, grow its balance sheet,
effectively analyze its lease back contracts, close real estate
transactions, and become a fully reporting entity." He
continued, "Based on my considerable experience in both real estate
and finance, I intend to help make LIG Assets a highly profitable
and fully reporting Company that should, in turn, create
significantly more value for the shareholders."
About The Hall Group, CPAs
The Hall Group CPAs is a PCAOB registered CPA firm specializing
in audit and review services for publicly traded companies and
their filings with the Securities and Exchange Commission
(SEC). The Hall Group has offices in Downtown Dallas and the DFW Metroplex, and can
be found at www.thehallgroupcpas.com.
About LIG Assets, Inc.
LIG Assets, Inc., based in Dallas,
TX, is a Company focused on residential and commercial real
estate. Through our Strategic Alliance with Texas Real Estate
Hedge Fund, MMR Realty Advisors, InterContinental Real Estate
Partners and other funders, LIG Assets has expanded its focus on
multifamily, retail, hotel, and office properties with valuations
between $1 million and $100
million. LIG Assets, Inc. currently trades on the pink
sheets under the ticker symbol "LIGA". For additional
information, please visit LIG Assets corporate website:
www.ligassetsinc.net.
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, which are on file at
www.OTCMarkets.com.
Contact Information:
LIG Assets, Inc.
1700 Pacific Ave. Suite 2600
Dallas, TX 75201
(214) 760-1000
Email: jefflove@ligassetsinc.net
SOURCE LIG Assets, Inc.