DALLAS, Aug. 26, 2013 /PRNewswire/ -- LIG Assets, Inc.
(OTCPK: LIGA), a Company focused on residential and commercial real
estate, announces it will execute a new stock buyback program for
its shares traded under the symbol LIGA, subject to market
conditions. The initial plan is to acquire up to 20 million
shares over the following 90 days. The timing and exact
number of shares purchased will be at the Company's discretion, but
could begin immediately and increased in the future.
The buyback of shares may occur in the open market, negotiated
or block transactions. LIG Assets, Inc. does not intend to
repurchase any shares from its management team or other
insiders. This stock buyback program does not obligate the
Company to acquire any specific number of shares and may be
suspended or discontinued at any time.
About LIG Assets, Inc.
LIG Assets, Inc., based in Dallas,
TX, is a Company focused on residential and commercial real
estate. Through its alliances with hedge funds, mortgage
brokers, and hard money lenders, LIG Assets plans to expand its
residential portfolio and increase commercial property
transactions. 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:
Jeff Love
LIG Assets, Inc.
1700 Pacific Ave. Suite 2600
Dallas, TX 75201
(214) 760-1000
Email: jefflove@ligassetsinc.net
SOURCE LIG Assets, Inc.