SOURCE: EastBridge Investment Group

EastBridge Investment Group

October 26, 2009 12:38 ET

EastBridge Investment Group's Client, Alpha Green Energy Limited, Signs Land Acquisition Agreement

PHOENIX, AZ--(Marketwire - October 26, 2009) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that its CEO, Keith Wong, has attended a land acquisition signing ceremony in Jiyuan, Henan for Alpha Green Energy Limited. Together, with the local government officials and the management of the industrial park, a formal land acquisition agreement was signed to secure the site where Alpha Green Energy Limited is going to build their first bio-mass power plant.

William Tien, CEO of Alpha Green Energy, commented, "We will build a 50 mega watt bio-mass power plant here in about eighteen months. This power plant will be the most eco-friendly in Henan province of China. Instead of burning coal, we will burn the cellulose waste from the local farmers. We will provide heat to the neighboring community; we will sell the generated electricity to the power grid. Right now, the farmers just burn the waste in open air during harvests. This practice creates severe air pollution; instead, we are going to turn their waste into electricity. We plan to replicate this model in the other cities of China. The potential is very big."

The management of EBIG, as part of EBIG's contractual agreement with Alpha Green Energy Limited, is advising and assisting in preparing the requisite accounting and legal information necessary for Alpha Green to become a reporting public company and, ultimately, be listed on a U.S. stock exchange. As part of EBIG's contractual agreement with Alpha Green, EBIG is paid a cash fee and will own some of its common stock once it is listed on a U.S. stock exchange.

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.

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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.
    480-966-2020
    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