{"id":468888,"date":"2021-03-31T12:34:24","date_gmt":"2021-03-31T16:34:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=468888"},"modified":"2021-03-31T12:34:24","modified_gmt":"2021-03-31T16:34:24","slug":"liga-provides-business-updates-for-2020-2021-and-beyond","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/liga-provides-business-updates-for-2020-2021-and-beyond\/","title":{"rendered":"LIGA Provides Business Updates For 2020, 2021 And Beyond"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"start\">Nashville, TN, March  31, 2021  (GLOBE NEWSWIRE) &#8212; <u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zevIJrJ0IPlxDlVOfYnRZqEKdCQ02prkZ-tqo3LLKLqdRUY9n0oidB7m793phkhKvnIHt3ESVez5QW3-4gCsL-vDsXr8M0HZ6rjhfBdvGJg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">via NewMediaWire<\/a>\u00a0<\/u>&#8212; LIG Assets, Inc. (OTC PINK: LIGA) (also known as the &#8220;Leader in Green Assets&#8221; or &#8220;LIGA&#8221;), announced\u00a0year-end\u00a0business updates and\u00a0posted\u00a0the\u00a0Annual report for the\u00a02020 fiscal year.\u00a0\u00a0LIG Assets, Inc. is a publicly traded, sustainability-oriented holding company focused on the housing, media, and logistic\u00a0markets. \u00a0\u00a0<\/p>\n<p align=\"start\">Our objective is to become the leader in sustainable\u00a0housing products and\u00a0recent corporate\u00a0updates\u00a0for 2020 and 2021\u00a0include:<\/p>\n<ul>\n<li>\u00a0Secured\u00a0several offers and under contract for the Bella Serra development in Brentwood, TN.\u00a0<\/li>\n<li>\u00a0Working on Deals to expand the Forever Board Relationship.<\/li>\n<li>\u00a0In negotiations to reestablish LIG Developments as a light gauge steel framing company.<\/li>\n<li>\u00a0Current plans are to have two publicly traded companies as assets on LIG Assets Books.<\/li>\n<li>\u00a0Internal divisions have been purchasing LIGA stock on the open market and will continue to do so at these levels.<\/li>\n<\/ul>\n<p align=\"start\">Due diligence on the Brentwood TN property is in process. A successful closing of the transaction will significantly improve the balance sheet. Should this particular transaction not proceed to closing, the company has alternative proposals to refinance and develop the property to completion.\u00a0 LIG Assets plans to use some of the cash flow to establish a position in the rapidly expanding drywall replacement market. This market is exceptionally large, and we expect the shift away from conventional drywall to be rapid. This will be a major short-term focus.\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZRkq2EDELPTim23-mIHc4vxU_hWlJliN_gpctaqrxgpGsTMXW3P4QJNdSBNl41V9EvMSCgrGe-ZG7oqnygvU1EBfYGn1SB6gnRu-Nn6ACeI=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.foreverboard.net<\/a>\u00a0 Should this particular Brentwood TN transaction not proceed to closing, the company will still move to close an equity stake in Forever Board.<\/p>\n<p align=\"start\">While the company was perhaps \u2018early\u2019 to emphasize steel framing in 2017 and 2018, this method of framing is rapidly gaining acceptance with the substantial increase in wood prices. Therefore, plans to reestablish LIG developments as a steel framing subsidiary are in place. This will also be a major focus as we have identified acquisition candidates that can be outstanding additions to our operations.<\/p>\n<p align=\"start\">During 2020 the company successfully resolved a legacy tax issue from years 2010 \u2013 2012. The company worked closely with IRS officials to resolve the issue. The issue arose from an external party. The CEO during the time period in question was not involved nor implicated. The company is in early stages of potential legal action against the suspected parties. The IRS has closed the issue, marked the final audit as \u2018no change\u2019 (effectively closed forever) and secured the tax loss carryforward from 2013 to present \u2013 more than $2.7mm.<\/p>\n<p align=\"start\">During 2021 we plan to have two publicly traded companies as assets on the balance sheet. See the annual report about BGTV Direct. The other potential company is currently unrelated but LIG Assets is managing the S-1 process and will receive shares. BGTV Direct acquired 7.5mm shares of LIGA stock via open market purchases during the fourth quarter and has continued accumulating during the first quarter of 2021. Both LIG Assets Inc. and BGTV Direct plan to continue to do so when appropriate.<\/p>\n<p align=\"start\">In summary, we expect the partnership with Horton World Solutions to gradually ramp up over 2021. Market research is predicting rapid increases in the \u2018green\u2019 drywall replacement market and steel framing. LIG Assets plans to take its place in both of those markets. The Brentwood TN property is a valuable asset which should be able to be leveraged into the new ventures listed above.<\/p>\n<p align=\"start\">\n        <b>About LIGA Homes:<\/b>\n      <\/p>\n<p align=\"start\">LIGA Homes unique residential and commercial developments utilize specially designed and manufactured recycled &#8220;element resistant&#8221; steel framing, in addition to toxic free magnesium oxide building materials and panels that are 100% mold, fungus, termite and rot resistant and fire resistant against temperatures up to 3500 degrees Fahrenheit as well as famed environmentalist Robert Plarr&#8217;s exclusive &#8220;maximum rated&#8221; R-60 insulation &#8212; combining to create disaster resistant materials and structures that can withstand up to a 7.5 magnitude earthquake and sustained gale force winds up to 175 MPH while negating damage caused by rain and flood exposure. With the addition of Plarr&#8217;s green and renewable systems and products, LIGA Homes is now capable of providing affordable, fully sustainable and disaster resistant living environments \u2013 LIGA Homes is at the forefront of this new and improved direction for the green, sustainable and construction sectors.<\/p>\n<p align=\"start\">For more information about LIGA Homes contact the Company directly at 833-LIGAHOMES<\/p>\n<p align=\"start\">\n        <b>About LIG Assets, Inc.:<\/b>\n      <\/p>\n<p align=\"start\">LIG Assets, Inc. in association with Robert Plarr is the emerging &#8220;Leader in Green Assets&#8221; &#8212; focused on exclusive green, renewable energy and sustainable 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 &#8220;LIGA.&#8221;<\/p>\n<p align=\"start\">LIGA Homes in association with the Company\u2019s other wholly-owned subsidiary, LIG Developments, LLC., a steel framing manufacturing and design entity incorporated under the LIG Assets corporate umbrella will fast track LIGA Homes\u2019 development as an emerging pioneer in the green and renewable energy sectors having successfully created the world\u2019s first earthquake, flood, hurricane and fire resistant homes and structures that are 100% fully sustainable and disaster resistant \u2013 from individual green systems and homes to fully sustainable communities and commercial centers &#8211; completely revolutionizing the sustainable and renewable construction movement forever!<\/p>\n<p align=\"start\">For additional information about LIG Assets, Inc., Robert Plarr, and\/or how to purchase our exclusive homes, structures, products and technologies or to subscribe online to LIGA&#8217;s free Shareholder Newsletter for regular updates and alerts regarding important Company developments please check out\u00a0LIGA at Twitter.com\/LIGAssets.<\/p>\n<p align=\"start\">\n        <b>Forward-Looking Statements:<\/b>\n      <\/p>\n<p align=\"start\">This press release may contain forward-looking statements. The words &#8220;believe,&#8221; &#8220;expect,&#8221; &#8220;should,&#8221; &#8220;intend,&#8221; &#8220;estimate,&#8221; &#8220;projects,&#8221; 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&#8217;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 are detailed in the Company&#8217;s respective filings at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ez6oCz00DygjB1PWbIbj3Cfme7cH16RdL8MQwIovd4GROuf-APTnAvTcPRfnsKIuuN_73RDjdjO0qcQKgdkvq2EIUHmbWLnS2C5Ob6ljZSGCdFYPvrDpTyL2Qt72FZYw\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.otcmarkets.com\/stock\/LIGA\/overview<\/a>.<\/p>\n<p align=\"start\">\n        <b>Contact Information:<\/b>\n      <\/p>\n<p> LIGA Shareholder\/Investor inquiries can be directed to:<br \/>Marvin Baker<br \/>President \u2013 LIG Assets, Inc.<br \/>CEO \u2013 BGTV Direct Worldwide Media Solutions<br \/>Email: Marvin@BGTVDirect.com<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4yuDgurjov_ylucip6F2MWKLLsqoZBrJkLFKUUtf-KLfSBtpcuUARTKbpbEk1mRTjAsdT5YEflmTPFvOz1bsOY-bcVAkNwwWWIOAxiBOpc7y7HwuYamda3CPrxHDd_Zx\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.LeaderInGreenAssets.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vJ8eHGWObX-xeCGjh8Dl6B4ptuFZfAxU1aAyMr3EwuTls3V0TS027P1rhEC_KvpJIdiNV-T8pfxT7C4GUdxFphD2WErJPWrhQyev5JtXO5I=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.BGTVDirect.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ae0tundwOHViIpDyPjVoK-9PE6x1eIa4gZt-crHthCAAANi2xfX8pj4Vhcu7dDZ5eiqJip5FaF-mWRBcOPucyrouIZdy2xMs7jnfG8yYk1Y=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.LIGAHomes.com<\/a><br \/>833 \u2013 LIGAHOMES <\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwOTU4NCM0MTAwNTkwIzUwMDAzMjIyMw==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/279dae74-66d5-43a5-b597-08553fde4e5d\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nashville, TN, March 31, 2021 (GLOBE NEWSWIRE) &#8212; via NewMediaWire\u00a0&#8212; LIG Assets, Inc. (OTC PINK: LIGA) (also known as the &#8220;Leader in Green Assets&#8221; or &#8220;LIGA&#8221;), announced\u00a0year-end\u00a0business updates and\u00a0posted\u00a0the\u00a0Annual report for the\u00a02020 fiscal year.\u00a0\u00a0LIG Assets, Inc. is a publicly traded, sustainability-oriented holding company focused on the housing, media, and logistic\u00a0markets. \u00a0\u00a0 Our objective is to become the leader in sustainable\u00a0housing products and\u00a0recent corporate\u00a0updates\u00a0for 2020 and 2021\u00a0include: \u00a0Secured\u00a0several offers and under contract for the Bella Serra development in Brentwood, TN.\u00a0 \u00a0Working on Deals to expand the Forever Board Relationship. \u00a0In negotiations to reestablish LIG Developments as a light gauge steel framing company. \u00a0Current plans are to have two publicly traded companies as assets on LIG Assets Books. \u00a0Internal divisions have been &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/liga-provides-business-updates-for-2020-2021-and-beyond\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;LIGA Provides Business Updates For 2020, 2021 And Beyond&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-468888","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LIGA Provides Business Updates For 2020, 2021 And Beyond - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/liga-provides-business-updates-for-2020-2021-and-beyond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LIGA Provides Business Updates For 2020, 2021 And Beyond - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Nashville, TN, March 31, 2021 (GLOBE NEWSWIRE) &#8212; via NewMediaWire\u00a0&#8212; LIG Assets, Inc. (OTC PINK: LIGA) (also known as the &#8220;Leader in Green Assets&#8221; or &#8220;LIGA&#8221;), announced\u00a0year-end\u00a0business updates and\u00a0posted\u00a0the\u00a0Annual report for the\u00a02020 fiscal year.\u00a0\u00a0LIG Assets, Inc. is a publicly traded, sustainability-oriented holding company focused on the housing, media, and logistic\u00a0markets. \u00a0\u00a0 Our objective is to become the leader in sustainable\u00a0housing products and\u00a0recent corporate\u00a0updates\u00a0for 2020 and 2021\u00a0include: \u00a0Secured\u00a0several offers and under contract for the Bella Serra development in Brentwood, TN.\u00a0 \u00a0Working on Deals to expand the Forever Board Relationship. \u00a0In negotiations to reestablish LIG Developments as a light gauge steel framing company. \u00a0Current plans are to have two publicly traded companies as assets on LIG Assets Books. \u00a0Internal divisions have been &hellip; Continue reading &quot;LIGA Provides Business Updates For 2020, 2021 And Beyond&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/liga-provides-business-updates-for-2020-2021-and-beyond\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-31T16:34:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwOTU4NCM0MTAwNTkwIzUwMDAzMjIyMw==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/liga-provides-business-updates-for-2020-2021-and-beyond\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/liga-provides-business-updates-for-2020-2021-and-beyond\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"LIGA Provides Business Updates For 2020, 2021 And Beyond\",\"datePublished\":\"2021-03-31T16:34:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/liga-provides-business-updates-for-2020-2021-and-beyond\\\/\"},\"wordCount\":1083,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/liga-provides-business-updates-for-2020-2021-and-beyond\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIwOTU4NCM0MTAwNTkwIzUwMDAzMjIyMw==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/liga-provides-business-updates-for-2020-2021-and-beyond\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/liga-provides-business-updates-for-2020-2021-and-beyond\\\/\",\"name\":\"LIGA Provides Business Updates For 2020, 2021 And Beyond - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/liga-provides-business-updates-for-2020-2021-and-beyond\/","og_locale":"en_US","og_type":"article","og_title":"LIGA Provides Business Updates For 2020, 2021 And Beyond - Market Newsdesk","og_description":"Nashville, TN, March 31, 2021 (GLOBE NEWSWIRE) &#8212; via NewMediaWire\u00a0&#8212; LIG Assets, Inc. (OTC PINK: LIGA) (also known as the &#8220;Leader in Green Assets&#8221; or &#8220;LIGA&#8221;), announced\u00a0year-end\u00a0business updates and\u00a0posted\u00a0the\u00a0Annual report for the\u00a02020 fiscal year.\u00a0\u00a0LIG Assets, Inc. is a publicly traded, sustainability-oriented holding company focused on the housing, media, and logistic\u00a0markets. \u00a0\u00a0 Our objective is to become the leader in sustainable\u00a0housing products and\u00a0recent corporate\u00a0updates\u00a0for 2020 and 2021\u00a0include: \u00a0Secured\u00a0several offers and under contract for the Bella Serra development in Brentwood, TN.\u00a0 \u00a0Working on Deals to expand the Forever Board Relationship. \u00a0In negotiations to reestablish LIG Developments as a light gauge steel framing company. \u00a0Current plans are to have two publicly traded companies as assets on LIG Assets Books. \u00a0Internal divisions have been &hellip; Continue reading \"LIGA Provides Business Updates For 2020, 2021 And Beyond\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/liga-provides-business-updates-for-2020-2021-and-beyond\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-31T16:34:24+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwOTU4NCM0MTAwNTkwIzUwMDAzMjIyMw==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/liga-provides-business-updates-for-2020-2021-and-beyond\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/liga-provides-business-updates-for-2020-2021-and-beyond\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"LIGA Provides Business Updates For 2020, 2021 And Beyond","datePublished":"2021-03-31T16:34:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/liga-provides-business-updates-for-2020-2021-and-beyond\/"},"wordCount":1083,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/liga-provides-business-updates-for-2020-2021-and-beyond\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwOTU4NCM0MTAwNTkwIzUwMDAzMjIyMw==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/liga-provides-business-updates-for-2020-2021-and-beyond\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/liga-provides-business-updates-for-2020-2021-and-beyond\/","name":"LIGA Provides Business Updates For 2020, 2021 And Beyond - 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