July 28, 2017 9:50 AM ET

Real Estate Management and Development

Company Overview of LIG Assets, Inc.

Company Overview

LIG Assets, Inc. focuses on residential and commercial real estate business in the state of Texas. The company purchases commercial and residential real estate properties for resale and rental. It also invests, acquires, finances, and manages commercial properties, such as hotels, apartments, condos, retail, and office buildings; and offers loans for single family homes. The company was founded in 2008 and is based in Dallas, Texas.

1700 Pacific Avenue

Suite 2600

Dallas, TX 75201

United States

Founded in 2008





Key Executives for LIG Assets, Inc.

LIG Assets, Inc. does not have any Key Executives recorded.

LIG Assets, Inc. Key Developments

LIG Assets, Inc. Announces Management Changes

LIG Assets, Inc. announced the appointment of Allan Gillis as the Company's new Chief Executive Officer (CEO) and Douglas Vaughn as Chief Financial Officer (CFO). As the Company's new Chief Executive Officer, Gillis will be responsible for leading and implementing LIGA's business plan and achieving the company's goals for revenue growth and expansion opportunities. Allan Gillis has extensive international experience and his travels have resulted in him consummating many successful business opportunities in Australia, Canada, China, Europe and America. Gillis has worked with diverse entities and nations to facilitate growth of his business interests and those skills will be instrumental for doing the same for LIG Assets. Vaughn's duties as the Company's new Chief Financial Officer will be helping create strategic profitability, financial planning and budgeting, as well as financial and sales analysis. Vaughn's vast prior business experience include AVP/Sr. Financial Analyst for Leader Federal Bank for Savings, AVP/Sr. Financial Analyst for Union Planters Mortgage, Controller for AllTrans Co. LLC & SVAL LLC, Vice President - Strategic Marketing & Sales for First Tennessee Capital Markets, and most recently as an equity and financial analyst and accountant.

Dream Homes & Development Signs Strategic Partnership with LIG Assets, Inc

Dream Homes & Development Corporation has signed a long-term Strategic Partnership Agreement with LIG Assets, Inc. Dream Homes has projected it will complete over $40 million new homes and renovation projects for the next two years. Management at Dream Homes is committed to using improved construction materials, building techniques, engineering, and architectural designs, which is the reason the strategic partnership with LIGA is an excellent fit. Dream Homes intends to begin incorporating LIGA systems in and ongoing projects beginning immediately. As an initial test project, Dream Homes has identified a property near the New Jersey shoreline to construct a home similar to the home now being built by LIG Assets in Panama City, FL. This house will serve as a model for future development of this kind. Pursuant to the Strategic Partnership Agreement, Dream Homes and LIG Assets, Inc. have agreed to the following: construction of one model /spec home in New Jersey utilizing LIGA approved and sourced construction materials, engineering, and methods: Within 30 days of execution of this Agreement, Dream Homes will identify and submit proposals with plans to purchase a lot, submit engineering plans, and replicate construction of at least one home to include some or all the essential materials and design included in LIGA's model home under construction in Panama City, FL. The construction of this home utilizing LIGA methods and materials will serve to familiarize Dream Homes with the particular and specific LIGA construction materials, methods, suppliers and process for a project of this nature. Dream Homes will utilize LIGA approved suppliers for the core construction of this home including some or all of the following components: framing, walls, and roofing. Additional development projects and individual homes are under consideration and may be included at any time; Introduction to LIGA suppliers, preferred purchase agreement, and non-circumvent: LIG Assets will introduce Dream Homes to its direct suppliers and will arrange Dream Homes to purchase materials at preferred prices. Dream Homes agrees not to circumvent any relationship or introduction made by LIG Assets for purposes of financial gain. DREM understands that LIG Assets will benefit from the purchase of all construction materials used in construction of properties, and may benefit or share in gains from property development, referral of financial partners, and other related products; Financial partners: Dream Homes and LIG Assets, Inc. agree to share financial partners interested in funding the development and construction of real estate projects that utilize materials sourced from LIG Assets, Inc. Dream Homes has already identified significant potential real estate projects in New Jersey, and proposes to manage entire projects, including architectural and site plan development, permitting & approvals, and contracting functions. LIG Assets, Inc. has identified financial partners that would consider funding these large projects; first right of refusal in New Jersey: For a period of five years, Dream Homes will have the first right of refusal to be the lead contractor on any project in New Jersey involving LIGA sourced construction materials including magnesium oxide boards, light gauge steel, and solar roofing solutions. Dream management believes that within five years, over 50% of its new construction business will utilize LIGA sourced construction materials and design and has the intention to renew its agreements with LIG Assets after the term of the original agreement; licensing fee: Dream Homes will pay a nominal licensing fee to LIG Assets, Inc. per home that is permitted and approved to begin construction. The amount of the licensing fee will be determined prior to construction of the first house by Dream Homes utilizing LIGA sourced design and materials; and co-marketing and branding. Based on maintaining consistent and growing use of LIGA materials, LIGA intends to assist Dream Homes with marketing and sales of its co-developed projects through radio, TV, and other media.

LIG Assets, Inc. and BGTV Direct to Launch National Real Estate Media Advertising Firm

LIG Assets, Inc. and BGTV Direct, LLC. announced that they will create a nationwide real estate media advertising division placing original content advertising segments on television, radio, cable and print mediums focused on serving state, regional and national realty professionals, Brokerages and franchises in addition, BGTV will also provide LIGA with marketing opportunities for the company's residential and commercial real estate development projects directly to consumers and real estate professionals and organizations across the country as well as single target markets where the company's developments will be built and sold. Due to BGTV Direct's long standing relationships with all the major television, cable, radio and print sources across the country, BGTV is able to secure prime advertising slots at a tremendous discount those reduced advertising rates can then be passed on to potential clients, providing LIGA a huge advantage over their competitors, as well as affording LIGA tremendously discounted advertising costs to market and sell LIGA and Plarr's residential and commercial real estate sustainable development projects nationwide via multiple media sources.

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