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LIG Assets, Inc., Announces Launch of New Wholly-Owned Subsidiary and Secures $1.7 Million Steel Framing Contract
LIG Assets, Inc., Announces Launch of New Wholly-Owned Subsidiary and Secures $1.7 Million Steel Framing Contract.
About this update from Lig Assets, Inc.
[{"type":"text","content":"\n \n \n LIG Assets, Inc., Announces Launch of New Wholly-Owned Subsidiary and Secures $1.7 Million Steel Framing Contract\n \n \nLIG Assets, Inc., Announces Launch of New Wholly-Owned Subsidiary and Secures $1.7 Million Steel Framing Contract\n \n NASHVILLE, TN--(Marketwired - Sep 18, 2017) - LIG Assets, Inc. (OTC PINK: LIGA) (also known as the \"Leader in Green Assets\" or \"LIGA\") announced today the Company has formed and officially launched its new wholly-owned subsidiary, LIG Developments, LLC., and incorporated the new entity under the LIG Assets corporate umbrella. The new LIGA brand is a steel framing manufacturing and design entity soon to transform into a full service manufacturing, sales and construction company. LIG Assets is also pleased to announce the Company has already secured a 1.7 million dollar steel framing contract for an exciting new condominium project set to commence framing in the Dallas, TX area shortly. The initial deposit of approximately $162,000 US has already been received and LIGD has also secured the required insurance/performance bond for the project. LIGA Chairman Aric Simons states, \"We are very excited about this initial steel framing contract and we have also received preliminary awards for other projects for steel framing and comprehensive construction projects. Our network of hedge fund investors and developers is extensive and coupled with the exponential level of demand for strong, steel based construction ensures a rapidly growing and sustainable pipeline for future expansion. Additional information about the initial project, including names of developers and photos showing progress along with the precise address will be released shortly. In addition, future manufacturing and construction contracts as well as LIGA's business agenda in Texas will be released by the Company via additional news releases in the near future. \n As the devastating damage to property, livelihoods and lives in the states of Texas and Florida due to recent hurricanes Harvey and Irma have made abundantly clear, the country and the world are ready for and in desperate need of hurricane, flood and other disaster resistant construction materials and structures -- and LIGA is ready and able to fill that need with LIGA and Robert Plarr's exclusive materials, systems and structures. LIGA's unique homes and commerci...