LIG Assets, Inc. (LIGA.PK) First Restaurant Opens in North Dallas

Nov 10, 2011, 07:30 ET from LIG Assets, Inc.

DALLAS, Nov. 10, 2011 /PRNewswire/ -- LIG Assets, Inc. (OTC:LIGA) announced today that Aquadora, a new restaurant and lounge featuring seafood and contemporary American cuisine, opened its doors on Saturday, October 29, 2011 to commence its 2 week soft opening, with the grand opening and ribbon-cutting ceremony on Thursday, November 17th. Aquadora is the first facility created, developed and operated by its subsidiary, LIG Entertainment Management, Inc.

Adjacent to the Galleria in Dallas, Texas, the 6052 square-foot restaurant has a modern feel with a palette of cool colors and wood accents. The space features an open bar area offering fresh fruit infused champagne cocktails and specialty martini list, a main dining area, a tapas and raw bar with global flair, a private dining room seating 30, an enclosed patio with fireplace, and an upstairs lounge with bottle service.

Veteran Executive Chef Mike Dimas, who brings over 18 years' experience to the kitchen, has created the menu for Aquadora. Chef Dimas takes a different approach to the traditional surf and turf restaurant throughout his new menu. The 25 - 35 selections changes nearly daily and utilizes seasonal ingredients from local and national boutique producers.

After dinner or as a late-night destination, patrons can enjoy Aquadora's upstairs lounge complete with a state of the art sound system, music by some of the Dallas' top DJ's and bottle service in addition to its extensive cocktail menus. For those needing a late-night nibble, the tapas, and raw bar menu is available nightly until 2 a.m.

Chief Operating Officer, Stephen Williams, believes Aquadora is a facility on path to reach 3.4 million dollars in gross revenue per year.

Aquadora is located at 5301 Alpha Road at Village on the Green, an upscale mixed-use community featuring retail, restaurant, and residential components, in North Dallas adjacent to the Galleria.

Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. Those statements include statements regarding the intent, belief, or current expectations of LIG Assets Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

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SOURCE LIG Assets, Inc.