SOURCE: EastBridge Investment Group

June 07, 2007 08:00 ET

EastBridge Investment Group Begins Trading on the OTC Bulletin Board

PHOENIX, AZ--(Marketwire - June 7, 2007) - EastBridge Investment Group (OTCBB: EBIG) announced today that the National Association of Securities Dealers (NASD) approved the Company's common stock for trading on June 6 on the over the counter bulletin board under the symbol "EBIG." The stock traded 63,697 shares yesterday and closed at $.20 per share.

Keith Wong, President and Chief Executive Officer of EastBridge, remarked, "Being a public company will allow us access to the capital markets where we can expect to attract the capital we need to continue our growth and expansion and enhance shareholder value."

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.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as EastBridge or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. You should carefully consider the following important factors that could cause actual results to differ materially from the expectations of EastBridge or its management: EastBridge's ability to maintain or improve profit margins, including its ability to generate enough cash to cover its fixed operating costs; EastBridge's ability to develop and market innovative financial products; EastBridge's ability to compete in a competitive industry; Economic, social and political conditions in the countries in which EastBridge, its customers or its suppliers operate, including security risks, health conditions, possible disruptions in transportation networks and fluctuations in foreign currency exchange rates; Natural events such as severe weather and earthquakes in the locations in which EastBridge, its customers or its suppliers operate; Changes in the tax rate applicable to EastBridge as the result of changes in tax law, the jurisdictions in which profits are determined to be earned and taxed, the outcome of tax audits and the ability to realize deferred tax assets; Customer demand that differs from company forecasts; Service liability or warranty claims, or recalls by EastBridge's customer for a service provided by EastBridge; EastBridge's ability to recruit and retain skilled personnel; There can be unforeseen political, economic, social and legal upheavals in the countries EastBridge operates in.

Contact Information

  • Contact:

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

    Jack Eversull
    The Eversull Group, Inc.
    972-991-1672
    972-991-7359 (fax)
    Email Contact