SOURCE: EastBridge Investment Group

EastBridge Investment Group

March 03, 2010 07:30 ET

EastBridge Investment Group Announces Stock Dividend for JKZ Bio-Phosphorus Fertilizer Corp.

PHOENIX, AZ--(Marketwire - March 3, 2010) -  EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that its Board of Directors has authorized the distribution of 600,000 shares (equivalent to 3.0% of JKZ Bio-Phosphorus Fertilizer's current outstanding common stock) of its U.S. stock ownership in JKZ (Jinkuizi) Bio-Phosphorus Fertilizer Corporation ("JKZ") to its shareholders for no considerations. All shareholders of EBIG stock on the closing date of April 16, 2010, the dividend record date, will receive on a pro-rata basis, their allocated shares when JKZ's stock and its dividend registration are approved by the SEC.

EastBridge has been retained to assist JKZ to become public as soon as practical on OTCBB first, then move to a primary exchange as soon as their capital raise and business expansion are completed.

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.

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.
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