Learn Why LIGA is our Breakout Candidate
LIG Assets Inc.
1700 Pacific Ave
Suite 2680
Dallas, TX 75201
Phone: (214) 760-1000
ligassetsinc.net
PROFILE:
LIG Assets - Providing Funding and Strategic Financing Alternatives for Commercial and Residential Real Estate Projects - Formation of “Strategic Alliance”
LIG Assets, Inc. is a provider of funding and strategic financing alternatives for commercial and residential real estate projects. The Company focuses primarily on income-producing properties in commercial and residential real estate, whose cash flow and operating leverage contribute to the overall value of the entire LIG Assets enterprise. Properties currently generating cash flow for LIG Assets include nearly 300 residential properties throughout Texas and an office building.
In December 2012, LIG Assets formed what it calls a “Strategic Alliance” with Texas Real Estate Hedge Fund, LP, MMR Realty Advisors, and InterContinental Real Estate Partners that is focused on commercial properties including multifamily, retail, hotel, casino, and office with valuations between 3 million dolars and 100 million dollars. Victor F. Russell, Managing Director of Texas Real Estate Hedge Fund, is considered to be an expert in the commercial real estate market.
In early 2013, The Strategic Alliance completed its initial transaction with Terry’s Supermarket and plans to help the grocery chain open a total of 10 locations for its new premium concept. A 20-year lease was signed for the first location, and additional potential locations have been identified. The Strategic Alliance continues to view that anticipated profit from turnover and/or leases is significant, and the opportunities to take positions in distressed and special situations are fantastic.
On July 31, 2013, LIG Assets announced it has agreed to partner with Streamline Funding based in Austin, Texas for asset based lending so that it can significantly expand its residential real estate ownership and hard money lending portfolio. No upside limit has been provided on the line of credit. The credit line is unrelated to agreements with the Strategic Alliance that is focused on the commercial real estate market. Between interest rates spreads, fees, default swaps, and other revenue sources associated with this lending, LIG Assets anticipates netting about 9 to 10% per year verses money borrowed.
Today, LIG Assets, Inc. is poised to generate significant cash flow and net income from current and future properties and transactions, thus substantially increasing shareholder value from current levels.
VALUE PROPOSITION:
- LIG Assets may be one of the most successful opportunistic investors and financiers of its size and its strategy could result in 3-4M dollars in net profit this year. Such a return is 4x the current market cap, making LIG’s share price a rare bargain.
- The Company’s core residential real estate business generates nearly 1M dollars in annual income and its opportunistic minority investments and loans could result in as much as 2-3M dollars in additional net profit this year alone.
- Near term catalysts include a recently announced 1M+ dollar gain on its movie finance venture in the coming months and the potential development and sale of various real estate properties.
- Its current primary businesses include 300 income-producing residential properties, a key partnership in potentially major commercial real estate ventures, a casino project, and majority ownership of South American Properties Inc. (OTCPK - SAMP).
|
|
Pink Sheets: LIGA
Market Value:
667,189 a/o Jul 29, 2013
Shares Outstanding:
107,611,103 a/o March 31, 2013
Authorized Shares:
200,000,000 a/o Dec 31, 2012
Par Value:
0.0001
Shareholders of Record :
177 a/o Jan 16, 2013
Short Interest:
38,000 (156.76%)
Jul 15, 2013
Transfer Agent:
Securities Transfer Corp
RECENT NEWS:
Streamline Funding Launches New Asset Based Lending Credit Line for LIG Assets, Inc.
Chairman's Message to LIGA Shareholders and Current Summary of Projects
LIG Assets Signs Contract to Finance New Casino in Cripple Creek, CO
KEY EXECUTIVES:
Jeffrey Love
CEO
Dave Aarant
Vice President
|
