LIG Assets, Inc. (also known as the Leader in Green Assets or LIGA), Dallas, Texas, entered into a joint venture partnership with LIVE SHIP Global Seafood Logistics, Canada, to utilize LIGA's exclusive sustainable technologies and products to upgrade existing structures and construct new, state-of-the-art warehouses and distribution centers in conjunction with live seafood transportation systems across North America. Plans are also in place to expand the partnership to projects in Australia and South East Asia.
LIGA's technologies utilizing toxic-free magnesium oxide and geo-polymers compared to traditional materials possess superior mold, fungus and rot-forming resistance. The materials withstand temperatures of 4,000°F and can be produced replicating the aesthetics of virtually any natural substance, including polished marble and wood.
LIVE SHIP maintains an exclusive worldwide agreement to transport 25,000 pounds of live lobster and live snow crab using specially designed 40-foot sea containers. These live seafood sea containers are designed to be transported by road, rail and vessel, and greatly reduce transport rates, handling and carbon emissions. Using Traystor crates from BioNovations, Canada, LIVE SHIP’s live seafood containers clients enlist the complete supply chain of product from boat to plate.
"The tremendous help and support that LIGA, and in particular, LIGA's chairman of the board, Aric Simons, has provided my company, along with our newly formed partnership, and of course LIGA's unique application of materials and technology, will propel LIVE SHIP to heights we never before dreamed possible—not to mention completely revolutionize and forever change the global seafood industry. Aric was right; these are literally the most amazing products and technology we've ever seen—a total game changer for our company, the industry and soon the world,” says Jim Gillis, president of LIVE SHIP. "In the interest of full disclosure, members of the Gillis family, including myself and son, have purchased over 219 million shares of LIGA common stock on the open market with plans to not only hold our shares for the long term, but to [also] continue to support LIGA, our partnership and expansion plans by reserving the option for LIVE SHIP and/or members of the Gillis family to purchase additional amounts of LIGA stock as our partnership develops and flourishes."
"Our new partnership with LIVE SHIP is a continuation of LIGA's previously stated expansion plans to aggressively pursue acquisitions, partnerships and mergers, both in the private and public sectors, and utilize those opportunities to not only increase corporate revenues and value for the company and our shareholders, but also to work diligently to transition select companies currently in the private sector to the public sector as soon as possible via subsidiaries, partnerships and IPO's under the LIGA corporate umbrella, creating the potential for stock dividends for LIGA shareholders of record and providing them further ‘in-house’ investment opportunities to consider,” adds Simons. “This joint venture is not only consistent with our revenue growth goals, but also our larger mission of disrupting the construction industry in a manner that is economically beneficial and promotes growth in a responsible sustainable manner for future generations. LIGA is very fortunate to partner with LIVE SHIP, a company that is certain to disrupt the seafood delivery industry and shares our corporate values."