DALLAS, Feb. 25, 2013 /PRNewswire/ -- LIG Assets, Inc. (OTCPK: LIGA), a Company focused on residential and commercial real estate, announces that it has identified specific commercial market categories that appear ideal for its new commercial real estate expansion program originally announced about two weeks ago. Based on its own research and current opportunities, LIG Assets will focus on hotels, fast food or quick serve restaurants, grocery stores, truck stops, and casinos or casino hotels. As success of the model is proven, the Company plans to expand into more categories.
As stated in its previous press release, LIGA has identified and contracted with undisclosed parties to form this innovative program. LIG Assets has a mission and plan to provide Companies the ability to grow fast without encountering major delays and impediments that keep deals from getting closed. The Company expects to begin announcing transactions in the near future.
LIG Assets CEO Jeff Love stated, "This program is the result of relationships that have been formed over the past year. We are truly excited to see the fruits of our hard work finally evolve." He added, "We believe our shareholders will begin to appreciate what we have accomplished, and perhaps our valuation will start to better reflect what we are doing."
About LIG Assets, Inc.
LIG Assets, Inc., based in Dallas, TX, is a Company focused on residential and commercial real estate. Through our Strategic Alliance with Texas Real Estate Hedge Fund, MMR Realty Advisors, and Inter Continental Real Partners, LIG Assets will expand its focus on multifamily, retail, hotel, and office properties with valuations between $3 and $100 million. LIG Assets also maintains majority ownership of SuiteMagic, Inc., a company that owns patent-pending software for internet-based television and cable programming, interactive game content, as well as a host of other goods and services for the hospitality industry.
LIG Assets, Inc. trades on the pink sheets under the ticker symbol "LIGA". For additional information, please visit LIG Assets corporate website: www.ligassetsinc.net or SuiteMagic, Inc. at www.suitemagic.net.
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 with the U.S. Securities and Exchange Commission (SEC).
LIG Assets, Inc.
SOURCE LIG Assets, Inc.