SOURCE: EastBridge Investment Group

EastBridge Investment Group

November 09, 2009 08:00 ET

EastBridge Investment Group Signs Agreement to List Road Construction Company on Primary U.S. Stock Exchange

PHOENIX, AZ--(Marketwire - November 9, 2009) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that it has signed an agreement with a new client, KaiDa Road Pavement and Construction Company, in Jiangsu, China. EastBridge has been retained to assist KaiDa to become listed on the NYSE-AMEX or Nasdaq as soon as practical. KaiDa is a black top paving and engineering company.

Mr. Cheng Biao, CEO of KaiDa, commented, "We are the number one black top paving and engineering company in Jiangsu province. The company has been in business since 2002 and has approximately 350 employees. KaiDa has modern facilities to engineer, mix, deliver and install black top surfaces at a very competitive price. We own all of our heavy trucks and special equipment to serve our clients. Our 2009 revenue is expected to exceed $50,000,000."

Norm Klein, EBIG's COO/CFO commented, "According to the unaudited internal data provided by KaiDa, the company is well qualified for a primary stock exchange listing, either Nasdaq or AMEX as soon as the formal U.S. audit is completed. In return for our service, we will receive cash and stock payments from the client."

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.

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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.
    480-966-0808 (fax)
    Email Contact

    Investor Relations:
    Jack Eversull
    The Eversull Group, Inc.
    972-378-7917 or 972-571-1624
    972-378-7981 (fax)
    Email Contact