SOURCE: EastBridge Investment Group

EastBridge Investment Group

July 23, 2012 14:00 ET

EastBridge Investment Group's Client, Dwarf Technology, Files Amended Stock Registration Statement With SEC

PHOENIX, AZ--(Marketwire - Jul 23, 2012) - EastBridge Investment Group (OTCBB: EBIG) (OTCQB: EBIG) today announced Dwarf Technology ('Dwarf'), an internet search engine company in China, filed a new, amended stock registration statement with the U.S. Securities and Exchange Commission (SEC) on Friday, July 20, 2012 to list Dwarf's stock on The Over the Counter Bulletin Board and OTC Markets. Dwarf Technology's website is: http://www.4006009090.cn/en/

Dwarf's revenues were $4,967,098, $3,621,943 and net incomes were $362,261, $366,733, respectively for 2011 and 2010. Dwarf reported revenues of $1,976,212 and a net income of $449,697 for the 1st quarter of 2012 versus revenues of $609,459 and a net income of $12,130 for the same quarter of 2011.

Norm Klein, COO/CFO of EastBridge, commented, "This is the third round of registration filings with the SEC for Dwarf. Once it is approved, it will go to FINRA for pricing and listing approval. We hope that Dwarf can begin trading its stock in a few months. They had a very profitable 1st quarter of 2012 and we look forward to additional quarters of solid financial results. With Wonder having gone public last week, we will now spend more time on Tsingda, Dwarf and Arem Pacific."

EastBridge Investment Group focuses on high-growth companies in Asia and in the United States, 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.

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

    The Eversull Group
    Jack Eversull
    President
    972-571-1624
    214-469-2361 (fax)
    Email Contact