LIG Assets Posts Quarterly Results and Summarizes Developments

[PR Newswire] – DALLAS, Feb. 25, 2014 /PRNewswire/ — LIG Assets, Inc. (LIGA) filed its 4th Quarter financials at last week. Since adding a new interim CFO in August last year, the Company has taken several definitive steps to embark on a turnaround of operations, focus on its core real estate businesses, divest itself of investments in non-real estate related business, and improve shareholder value. See below for a list of accomplishments from the Company’s 4th quarter report and/or to date: Management believes it made significant progress in the business with respect to expense reductions and revenue increases. Challenges do remain, and the Company is focused on overcoming these challenges successfully. The casino/hotel in Colorado closed and generated a fee for the Company. Proceeds were used to retire debt and pay corporate expenses. LIG Assets is carefully exploring other commercial property opportunities.