DALLAS, April 10, 2012 /PRNewswire/ -- LIG Assets, Inc. (OTCPINK: LIGA) and SuiteMagic, Inc. have agreed to hire 5 to 7 sales personnel to expand SuiteMagic's operations in the United States. This sales department will be operated out of LIGA's office in Dallas.
Jeff Love, President of LIG Assets, says that its investment in other businesses, including SuiteMagic, Inc. and its various real estate ventures, continues to grow rapidly and will increase the shareholder's equity in the company. The outlook for 2012 continues to be very positive.
As a result of the reallocation of resources, LIG Assets, Inc. (LIGA) and Tree House Labs have mutually agreed to rescind the acquisition previously mentioned in the press release dated March 19. Each hopes to continue working with each other on future endeavors.
LIG Assets, Inc.
SOURCE LIG Assets, Inc.