DALLAS, March 20, 2012 /PRNewswire/ -- LIG Assets, Inc. (OTC PK: LIGA), completes a 50% acquisition of Tree House Labs, LLC. In return for this 50% acquisition, LIG Assets, Inc. guarantees and enables Tree House to acquire a five million dollar line of credit via an LIG guarantee.
LIG Assets feels that this acquisition of Tree House assets, of world-renowned and media covered technologies, coupled with LIG Assets' business acumen, is a world beating combination.
LIG Assets and Tree House feel that Tree House business revenues could exceed 50 million dollars in the next 2 years.
One of their exciting products, "BIKN," has been receiving large national media and is expected to provide a large revenue stream.
Link #1 (LA Times) http://latimesblogs.latimes.com/technology/2012/01/ces-2012-bikn-iphone.html
Link #2 (Forbes) http://www.youtube.com/watch?NR=1&v=maaanBIhuLE&feature=endscreen
Additionally, LIG Assets, Inc. is obligated to take Tree House Technologies public and its subsidiaries public.
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**This is just the beginning…there is SO much more to come**
LIG Assets, Inc.
SOURCE LIG Assets, Inc.