STOCK TITAN

LIG Assets, Inc. Announces Pink Current Status and Appointment of Marvin Baker as Chairman of The Board

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

LIG Assets has announced its return to PINK CURRENT status with OTC Markets, signaling improved transparency for investors. The company has filed its 2nd Quarter report as part of this process. In a significant management change, Aric Simons has been removed from the board due to time constraints, while Marvin Baker has been appointed as the new Chairman of the Board in addition to his role as President. Baker expressed commitment to enhancing the company's revenues and assets during this critical period.

Positive
  • Return to PINK CURRENT status enhances transparency for shareholders.
  • Appointment of Marvin Baker as Chairman may provide strong leadership.
Negative
  • Removal of Aric Simons raises concerns about continuity and experience on the board.

Nashville, TN, Aug. 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- LIG Assets is proud to update its loyal shareholder base with the fact that LIGA has returned to PINK CURRENT status with OTC Markets. https://www.otcmarkets.com/stock/LIGA/overview.  In addition, we recently filed our 2nd Quarter report as part of that process.  

https://backend.otcmarkets.com/otcapi/company/financial-report/296608/content

The board at LIGA would also like to announce that due to the inability of Aric Simons to devote the necessary time and energy to LIGA at this critical time in the company's history that Aric Simons is hereby removed from the board of directors and no longer holds ANY position with LIG Assets, Inc.

LIGA's board is very proud to vote Marvin Baker in as the new Chairman of the Board at LIG Assets to add to his current role of President.

Mr. Baker stated, "As President of LIG Assets, I am excited to take on the role as Chairman of the Board and understand the concerns of shareholders about increasing the company's revenues and assets with our current plans. It's an exciting time in the company's history, and I look forward to dedicating my time to moving this company forward."

For additional information about LIG Assets, Inc., Robert Plarr, and/or how to purchase our exclusive homes, structures, products and technologies or to subscribe online to LIGA's free Shareholder Newsletter for regular updates and alerts regarding important Company developments, please check out LIGA at Twitter.com/LIGAssets.

Forward-Looking Statements:

This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks are detailed in the Company's respective filings at https://www.otcmarkets.com/stock/LIGA/overview.

Contact Information:

LIGA Shareholder/Investor inquiries can be directed to:
Marvin Baker
President – LIG Assets, Inc.
CEO – BGTV Direct Worldwide Media Solutions
Email: Marvin@BGTVDirect.com
www.BGTVDirect.com
www.LIGAHomes.com
833 – LIGAHOMES


FAQ

What is LIG Assets' current OTC Market status as of August 2021?

LIG Assets has returned to PINK CURRENT status with OTC Markets.

Who is the new Chairman of the Board for LIG Assets?

Marvin Baker has been appointed as the new Chairman of the Board.

Why was Aric Simons removed from the board of LIG Assets?

Aric Simons was removed due to his inability to devote the necessary time to the company.

What is the latest financial report filed by LIG Assets?

LIG Assets filed its 2nd Quarter report as part of its compliance with returning to PINK CURRENT status.

What are Marvin Baker's goals as Chairman of LIG Assets?

Marvin Baker aims to increase the company's revenues and assets.

LIG ASSETS INC

OTC:LIGA

LIGA Rankings

LIGA Latest News

LIGA Stock Data

821.88k
46.96M
Advertising Agencies
Communication Services
Link
United States of America
Carthage