Turning Pennies into dollars: (OTCBB:EBIG) EastBridge Investment Group Corp
Are you a public company looking for exposure?
Contact RealPennies.com - 212-662-2147
For more info: http://www.realpennies.com/otc/ebig
EastBridge Investment Group to Acquire Three Additional Companies
(OTCBB:EBIG) EastBridge Investment Group Corp.
PHOENIX, AZ-Feb 2, 2009 - EastBridge Investment Group recently announced it has reached agreements to acquire a controlling stake in three companies in China with EBIG's preferred stock. The transactions will close in ninety days, subject to EBIG's accounting and legal due diligence. Two companies are in the ship building and pharmaceutical industries. The third one is a diversified holding company. Their net incomes range from one to two million dollars per year.
Norm Klein, COO/CFO of EastBridge, said, "These candidates are three medium-sized companies located in Zhejiang, China, approximately two hours from Hangzhou's West Lake area. They have all been in business for more than five years. We plan to spin off our majority held companies as separate public companies as soon as their managements are prepared to do so. EastBridge will retain equity stakes in their public stocks."
Keith Wong, CEO of EastBridge, commented, "Just like America and Europe, Asia is facing a severe liquidity crunch as well. Asian companies are again looking to the overseas' stock markets to raise capital. We are seeing a surge in inquiries for our United States' IPO service from our Chinese contacts. We expect to see a very busy 'Year of the Ox' for EastBridge in the areas of IPO and acquisition opportunities."
EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bioscience and food retail distribution. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG's email alert, send a blank email to info@EbigCorp.com.
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.
Contact:
Contact: Norm Klein EastBridge Investment Group Corp. 480-966-2020 480-966-0808 Email Contact Investor Relations: Jack Eversull The Eversull Group, Inc. 972-378-7917 972-378-7981 Email Contact Source: EastBridge Investment Group
Profile for EastBridge Investment Group Corp.
EastBridge Investment Group Corporation provides investment related services to small-to-medium-sized companies in Asia. The company focuses to provide various financial services, including public offering guidance, joint ventures, merchant banking advice, wholly foreign owned enterprises, assistance with guaranteed return ventures, investment banking, and financial advisory; offer details on marketing, sales, and strategic planning services for its clients to assist them in entering the United States market, including information about the U.S. stock market and its general entry requirements; and advise its clients on the pertinent information about the U.S. investors before becoming report... Detailed EBIG Company Description...
LAST $0.02 USD
Realpennies.com
Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on
http://www.realpennies.com/start.html
Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice. This may contain forward-looking statements and are not guarantees of performance. Reproduction of this without written permission is prohibited.
RealPennies.com
Phone: 212-662-2147
info [at] realpennies.com
No comments:
Post a Comment