Lig Assets Inc (OTCMKTS:LIGA) shares were flat at $0.000270 on Wednesday and unchanged in after-hours trading. Share prices have been trading in a 52-week range of $0.00 to $0.01. The company has a market cap of $6.11 million at 2.26 billion shares outstanding.
Lig Assets Inc is the emerging “Leader in Green Assets” as the company is 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.
In a press release, Lig Assets Inc shared that its new wholly-owned subsidiary, LIG Developments has secured its new offices and a separate manufacturing facility in the Dallas area to manage and implement their business and manufacturing operations for the entire state of Texas. LIG Developments LLC is a steel framing manufacturing and design entity incorporated under the LIG Assets corporate umbrella.
“The devastating fires in Northern California underscore the need to rebuild using steel and non-combustible wall systems. I am currently in the Pacific Northwest developing partnerships to expedite our West Coast development to respond quickly to this disaster. LIGA will publicize these efforts soon. The use of lumber for framing buildings will be a relic of the past and LIGA will be at the forefront of this new revolution in construction,” remarked LIGA Chairman Aric Simons.
As our Company’s business plans proceed, LIG Assets is uniquely positioned to rebuild ravaged areas in a manner that will persevere and survive future storms and natural disasters. Our technology will ensure families are safe and have power and water when municipal systems fail. Our buildings will greatly reduce the financial damage imposed by such disasters and most importantly it will save lives. As a result, LIGA is poised to yield outstanding return on investment given our position in a market with such overwhelming demand for our products and services and a Company that our investors can be proud to hold ownership in,” he continued.