Business
LIG Assets Monthly Revenue Growth Continues with Over $450K Being Reported in January 2018
LIG Assets Monthly Revenue Growth Continues with Over $450K Being Reported in January 2018.
About this update from Lig Assets, Inc.
[{"type":"text","content":"\n\n NASHVILLE, TN, Feb. 05, 2018 (GLOBE NEWSWIRE) -- LIG Assets, Inc. (LIGA) (also known as the \"Leader in Green Assets\" or \"LIGA\"), is proud to announce the Company has received in excess of $450,000.00 in cash deposits for the month of January 2018 – marking increases in net deposits for the Company almost every month since new management assumed corporate and operational control of LIG Assets, Inc., in early 2017.  LIGA anticipates this trend of increasing monthly revenue growth continuing steadily for the foreseeable future and well beyond 2018 as the Company continues to move forward with its business plans and achieving its objectives. \n LIG Assets also announces that the company’s Chief Financial Officer, Douglas Vaughn, is working with a Tax and Auditing firm to complete LIGA’s corporate filings for Fiscal 2017 in addition to completing a full review and if necessary update the filings for fiscal years 2016 and 2015. The engaged firm is registered with the Public Company Accounting Oversight Board (PCAOB). This is the next step towards becoming a fully reporting company.  Vaughn states, “As detailed in numerous official Company statements and releases, LIGA has no plans to reverse split the stock or engage in any dilution of Company stock until the share price reaches and holds for at least 30 days a common share price of 5 cents or no sooner than 3 years – this of course is a huge safety net for all LIGA shareholders.”  The Public Company Accounting Oversight Board (PCAOB) is a private-sector, nonprofit corporation created by the Sarbanes–Oxley Act of 2002 to oversee the audits of public companies and other issuers in order to protect the interests of investors and further the public interest in the preparation of informative, accurate and independent audit reports. The PCAOB also oversees the audits of broker-dealers, including compliance reports filed pursuant to federal securities laws and to promote investor protection. The Sarbanes-Oxley Act requires that auditors of U.S. public companies be subject to external and independent oversight with four primary functions in overseeing these auditors: registration, inspection, standard setting and enforcement. LIG Assets’ Chairman of the Board, Aric Simons, states, “LIGA’s month...