Business
Bullion Consortium Inc. and LIG Assets, (LIGA) Signs LOI to Purchase Construction Companies
Bullion Consortium Inc. and LIG Assets, (LIGA) Signs LOI to Purchase Construction Companies.
About this update from Lig Assets, Inc.
[{"type":"text","content":"\n Nashville, TN, Nov. 08, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –Bullion Consortium Inc. in association with LIG Assets, Inc. (OTC Pink:LIGA), a publicly traded sustainability-oriented holding company with a focus on sustainable housing, media, and logistic markets, has signed a letter of intent to acquire a 25-year old construction company that has been producing an average of $100-200 million in annualized sales since 2018. Bullion has recently announced they have formed a 506 D Private Placement offering to raise growth operating capital for their initial acquisitions. In addition, Bullion is currently negotiating to acquire a SPAC and several other public companies to merge one of several Real Estate construction and technology companies they are currently contracting to acquire. \"Bullion Consortium has given us an opportunity to raise funds and create other opportunities to raise considerable amounts of money to acquire these companies without any massive dilution to $LIGA shareholders,\" Marvin Baker continued, \"I will be meeting with the CEO next week to work towards a definitive agreement to secure this deal, and I am excited to announce that I will be attending several Sustainable Home Building Conferences in the US and will be meeting with the principals of numerous construction company partners to discuss Bullion’s Merger and Acquisition plans.\" Recently LIG Assets announced signing a Sales Representative Agreement for Tennessee and Alabama for Insultex House Wrap® with Innovative Designs, Inc. (IDVN), and LIGA will be posting pictures of our first use of Insultex House Wrap®  on a renovation to our social media accounts. The benefits to builders and homeowners is that Insultex House Wrap® protects against water intrusion that could get behind the exterior cladding which in turn can cause mold, mildew and rotting. Insultex will increase comfort in a building structure by reducing drafts and increasing its efficiency. UV inhibitors are blended into the polymeric material to protect it from harmful ultraviolet degradation. About Bullion Consortium Inc. Bullion Consortium is  jointly held  by LIG Assets, Inc. (OTC Pink: LIGA ) and Hollywall Entertainment, Inc. (OTC Pink: HWAL).  Bullion Consortium Inc was formed to be a capital advisory and investment portfolio compa...