SOURCE: EastBridge Investment Group

October 18, 2007 07:55 ET

EastBridge Investment Group Announces Stock Dividends From Three New Subsidiaries to Be Taken Public in United States

PHOENIX, AZ--(Marketwire - October 18, 2007) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced three stock dividend dates for three new subsidiaries. Shareholders of record on the following dates are eligible for receiving the dividend shares on a pro-rata basis and with no considerations. The actual share certificates will be distributed shortly before the related subsidiaries begin trading, in about eighteen months.

The subsidiaries are:

--  General Farms Corporation will focus on beverage and food
    manufacturing business in Asia. EBIG shareholders of record on November 16,
    2007, are eligible to receive a total of 10 million shares, on a pro-rata
    basis and with no considerations, or five percent of the common stock of
    General Farms.
    
--  China Properties Corporation will focus on real estate development and
    construction business in Asia. EBIG shareholders of record on November 30,
    2007, are eligible to receive a total of 10 million shares, on a pro-rata
    basis and with no considerations, or five percent of the common stock of
    China Properties.
    
--  Energy Corporation will focus on energy equipment manufacturers or
    energy distribution business in Asia. EBIG shareholders of record on
    December 28, 2007, are eligible to receive a total of 10 million shares, on
    a pro-rata basis and with no considerations, or five percent of the common
    stock of Energy Corp.
    

Each subsidiary will also be looking for merger and acquisition opportunities to increase its value before becoming public. Further details regarding the actual distribution of the dividend shares for each subsidiary will be announced at a later date.

Norm Klein, COO and CFO of EastBridge Investment Group, remarked, "EBIG shareholders do not need to do anything. We will make further announcements as these subsidiaries are closer to being listed. We will mail the certificates to our shareholders before these subsidiaries start trading. We have now announced a total of five stock dividend distributions, all subsidiaries of EBIG. Shareholders of EBIG will ultimately own an exceptional portfolio of international stocks."

EastBridge Investment Group focuses on small to medium-size high-growth companies in China and India offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bio science 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.

The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectation or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, fluctuations in foreign currency exchange, the impact of competitive services and pricing, or general economic risks and uncertainties.

Contact Information

  • Contact:

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

    Jack Eversull
    The Eversull Group, Inc.
    972-378-7917
    972-378-7981 (fax)
    Email Contact