Business
LIG Assets, Inc. Eclipses All of 2017's Revenue Early In The 2nd Quarter of 2018 And Enacts Share Reduction Strategies Equivalent to Almost 210 Million Shares
LIG Assets, Inc. Eclipses All of 2017's Revenue Early In The 2nd Quarter of 2018 And Enacts Share Reduction Strategies Equivalent to Almost 210 Million Shares.
About this update from Lig Assets, Inc.
[{"type":"text","content":"\nNASHVILLE, TN, July 09, 2018 (GLOBE NEWSWIRE) --  LIG Assets, Inc. (OTC PINK: LIGA) (also known as the \"Leader in Green Assets\" or \"LIGA\"), Announces that the company eclipsed all of 2017's revenue by the end of April 2018.  Also, LIG Assets has placed a “STOP ORDER” on 160 million shares of Common Stock and exchanged 50 million “Series A” Convertible Preferred Stock has been reduced to nil – The total reduction of shares is equivalent to almost 210 million common shares. \n A “STOP ORDER” has been placed on the share certificates listed below; Certificate # 966 - 40,000,000  Certificate # 967 - 10,000,000  Certificate # 969 - 20,000,000  Certificate  #970 - 10,000,000  Certificate # 971 - 20,000,000  Certificate # 972 - 20,000,000  Certificate # 973 - 40,000,000  State of Nevada Preferred Share Certificate of Change Link; https://backend.otcmarkets.com/otcapi/company/financial-report/193881/content LIGA Chairman, Aric Simons states, \"The reduction of almost 210 million shares of LIGA stock was enacted for the benefit and protection of LIGA shareholders, which represents just one of several actions taken by the Board of Directors (see below) that will prove to be extremely beneficial for LIGA and our valued shareholders. These actions  are part of our ongoing efforts to protect the integrity of our share structure while enhancing shareholder’s return on investment in LIGA. The implementation of this initial phase of stock consolidation will facilitate LIGA’s business growth and ascension beyond our current OTC status. LIGA is growing rapidly and consolidating our stock structure without the need to enact any form of reverse split on our common shares; a promise our Board has stated and memorialized by Resolution and will serve as a mandate that shall not be breached. As I have stated before, I believe LIGA has the greatest base of investors in our class - or any class for that matter - and represents a primary cause for the success we have enjoyed thus far. So a heartfelt thank you to all of our shareholders.” LIGA Chairman Aric Simons & President Marvin Baker will also be conducting an investor/shareholder Podcast in the near future to further outline the Company’s unique business/investment m...