SOURCE: EastBridge Investment Group

EastBridge Investment Group

February 16, 2010 17:56 ET

EastBridge Investment Group Announces SEC Filing by Alpha Green Energy Limited and Stock Dividend

PHOENIX, AZ--(Marketwire - February 16, 2010) -  EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that its client, Alpha Green Energy Limited, has filed a registration statement with the Securities Exchange Commission today. Alpha Green Energy's corporate filing information is available on the SEC website, www.SEC.gov. The company's business is in bio-mass power generation.

William Tien, CEO of Alpha Green Energy, commented, "We have obtained a permit to operate a bio-mass power plant and acquired land in Henan, China. The company will build a 50 mega-watt bio-mass power plant in approximately fifteen months. This power plant will be the most eco-friendly in the Henan province of China. Instead of burning coal, it will burn cellulose waste from local farmers. We will provide heat to the neighboring community and sell the generated electricity to the power grid. At the present time, farmers just burn the waste in the open air during harvests. This practice creates severe air pollution; therefore, we are going to turn the waste into electricity. Alpha Green plans to replicate this model in the other provinces of China."

Donald Lo, Vice President of Alpha Green, and Jeffrey Tan, Director of Alpha Green, jointly stated, "The potential for green energy is immense. In addition to the projects in China that we are working on, the company is also working with a bio mass power plant in Toronto, Canada. Our mission is to build a large profitable environmentally friendly company by helping the world reduce air pollution."

Mr. Norm Klein, EBIG's COO/CFO, said, "We are happy to announce that all EastBridge shareholders of record on June 11, 2007 will be eligible to exchange their Fiber One Limited stock for Alpha Green stock at an exchange rate of five for three shares. On May 21, 2007, we had announced a planned dividend distribution for all EBIG shareholders of record on June 11, 2007 to receive a total of five million shares, on a pro-rata basis, or five percent of the common stock of Fiber One Ltd., Hong Kong, China. Fiber One was since acquired by Alpha Green Energy on September 30, 2009 and EastBridge has negotiated a favorable stock exchange option for all the shareholders of Fiber One to tender their Fiber One stock for Alpha Green Energy stock. Unless objected to in writing to EastBridge by March 15, 2010, all eligible dividend shareholders as a group, originally holding a total of five percent equity of Fiber One Limited, will be automatically issued a total of 3,000,000 shares or 2.87%, subsequently distributed on a pro-rata basis, of Alpha Green Energy's common stock as soon as practicable after the SEC's approval of the Alpha Green registration."

Alpha Green's Website: http://www.alphagreenenergy.com/

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. 

Depending on the complexity and size of each project, EastBridge normally is compensated with anywhere from 10-25% stock ownership in the client company plus cash fees for the listing services provided.

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.

Tell A Friend about EastBridge, go to
www.EbigCorp.com/EBIG/Tell_A_Friend.html for details.

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 Information

  • Contact:
    Norm Klein
    EastBridge Investment Group Corp.
    480-966-2020
    480-966-0808 (fax)
    Email Contact

    Investor Relations:
    Jack Eversull
    The Eversull Group, Inc.
    972-571-1624
    Email Contact