This content is a press release from our partner Globe Newswire. The AP newsroom and editorial departments were not involved in its creation.
PRESS RELEASE from provider: Globe Newswire
This content is a press release from our partner Globe Newswire. The AP newsroom and editorial departments were not involved in its creation.

LIG Assets, Inc. Announces Preparation of First Asian Carp Delivery and Potential Growth Through the Natural Resources Management Act

February 22, 2019

Nashville, TN, Feb. 21, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- LIG Assets, Inc. (OTC PINK: LIGA) (also known as the “Leader in Green Assets” or “LIGA”) announces today that final preparations for our first delivery of Asian Carp bait are underway. Each truck load will hold in excess of 40,000 tons of the lobster and crab bait and it is anticipated that net profit to LIGA will reach $10,000 per load with as many as two loads per week being shipped once we are operating at full capacity. Once the processing facilities expansion is completed later this year, Live Stor America will have the capability of transporting up to 10 million pounds of bait per year. LIG Assets President Marvin Baker stated, “We are excited with the potential growth that Live Stor America brings to the table and the potential bottom line profit projections are just a small portion of the overall potential growth that we believe can be attained from the expansion of Live Stor America over the longer term.”

In a potential major boost to this project, Congress just last week passed the Natural Resources Management Act. “The legislation includes a provision calling for federal agencies to plan to reduce or eliminate invasive species populations such as Asian Carp. The measure supported by Senator Mitch McConnell requires agencies to develop cost effective measures to combat the invasive species and ensures funding is directed to on-the-ground activities in impacted communities like those around Lake Barkley and Kentucky Lake.” For more information see the full article at: http://www.kfvs12.com/2019/02/12/senate-approves-measure-reduce-asian-carp-population/

LIG Assets and Live Stor America CEO Allan Gillis stated, “With our recent live Asian Carp holding tests being completed in Lake Barkley we feel like we are at the forefront on the issue of resolving the Asian Carp crisis in these areas. We have put together a plan that we will present to interested parties that we believe can greatly reduce the Asian Carp biomass while also potentially contributing to exponential growth in our Live Stor America business.” A video presentation has been created and can be viewed at: https://youtu.be/zkhSaVXrCN8

LIG Assets has been extremely busy behind the scenes and we look forward to updating shareholders not only on the progress of the Live Stor America events as they unfold but the many other projects we have been working on. In an effort to keep shareholders more informed we plan to use our twitter page @LIGAssets for updates between press releases. We appreciate all the support of our shareholders and look forward to a prosperous future for the company.

About LIG Assets, Inc.:

LIG Assets, Inc. in association with Robert Plarr is the emerging “Leader in Green Assets” -- focused on exclusive green, renewable energy and sustainable homes, living systems, technologies and components to be utilized in the residential and commercial real estate acquisition and development projects currently under way and now individual product sales, as well as rapid expansion into other sectors via acquisitions, mergers and joint venture partnerships. LIG Assets, Inc. trades on the pink sheets under the ticker symbol “LIGA”.

LIGA Homes in association with the Company’s other wholly-owned subsidiary, LIG Developments, LLC., a steel framing manufacturing and design entity incorporated under the LIG Assets corporate umbrella will fast track LIGA Homes’ development as an emerging pioneer in the green and renewable energy sectors having successfully created the world’s first earthquake, flood, hurricane and fire resistant homes and structures that are 100% fully sustainable and disaster resistant – from individual green systems and homes to fully sustainable communities and commercial centers - completely revolutionizing the sustainable and renewable construction movement forever!

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 visit the Company’s website at www.LeaderInGreenAssets.com -- also follow LIGA at Twitter.com/LIGAssets.

About Live Stor Ltd:

Live Stor America is a joint venture of LIG Assets, Inc. and Live Stor Ltd. which is live and frozen seafood storage and distribution company located in Sydney, Nova Scotia that is revolutionizing the way live lobster and other live seafoods are held in storage worldwide. Live Stor uses BioNovations Traystor live holding systems for reducing stress and handling from “catch to plate” which greatly reduces mortality, improves health, freshness, and taste, therefore increasing market value and supplier profit for live seafood. The Company’s proprietary supply chain system developed by BioNovations minimizes product stress to improve health and longevity while providing system for care of product at all points of the supply chain. This reduces total cost of live seafood distribution and increases market value by delivering a fresh, premium taste experience.

The BioNovations built live seafood transport forty foot containers allows Live Stor the ability to ship seafood over long distances and extended periods of time, both over land and sea. Both of BioNovations fifty three foot transport trailers and specialized live seafood containers minimize carbon dioxide (CO2) emissions, resulting in a much lower carbon footprint than traditional methods such as air freight. Up until now live seafood holding and transport systems came with an inherently high mortality rate. BioNovations systems are specifically designed to provide highly controllable environments and have significantly reduced mortality rates associated with long term storage and long haul transport. As a result, the cost of storing and shipping live seafood will greatly reduce loss of life during transport, thereby maximizing the use of the targeted species and increasing the payload.

URL: http://liveship.ca

mail: info@liveship.ca About LIGA Homes:

LIGA Homes unique residential and commercial developments utilize specially designed and manufactured recycled “element resistant” steel framing, in addition to toxic free magnesium oxide building materials and panels that are 100% mold, fungus, termite and rot resistant and fire resistant against temperatures up to 3500 degrees Fahrenheit as well as famed environmentalist Robert Plarr’s exclusive “maximum rated” R-60 insulation -- combining to create disaster resistant materials and structures that can withstand up to a 7.5 magnitude earthquake and sustained gale force winds up to 175 MPH while negating damage caused by rain and flood exposure. With the addition of Plarr’s green and renewable systems and products, LIGA Homes is now capable of providing affordable, fully sustainable and disaster resistant living environments – LIGA Homes is at the forefront of this new and improved direction for the green, sustainable and construction sectors.

For more information about LIGA Homes visit - www.LIGAHomes.com or contact the Company directly at 833-LIGAHOMES.

General inquiries: ContactUs@LIGAHomes.com

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.LeaderInGreenAssets.comwww.BGTVDirect.com