SOURCE: EastBridge Investment Group

EastBridge Investment Group

October 19, 2009 08:00 ET

EastBridge Investment Group's Client, JKZ, a Bio-Phosphorus Fertilizer Company, Enters Joint Venture With Phosphate Mining Company

PHOENIX, AZ--(Marketwire - October 19, 2009) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that its COO/CFO Norm Klein interviewed Louis Ho, general manager of Jinkuizi (JKZ), a Bio-Phosphorus Fertilizer Company located in Foshan, China, about JKZ's Joint Venture (JV) agreement with Ming De Mining Industries Corporation, a phosphate mining company located in Hubei, China.

Mr. Ho commented, "As part of the JV agreement, our company will supply the necessary raw materials and the technology to utilize the phosphate in the mine to produce bio-phosphorus fertilizer. Ming De Mining will produce the fertilizers in their factory in Hubei, China. Phosphate is the key ingredient for JKZ's production of bio-phosphorus fertilizer products. We use micro-bacteria to extract phosphor from the phosphate rocks in order to reduce environmental pollution and have several patents for this proprietary technology. As part of the JV agreement, JKZ owns 30% of the joint venture company and have an option to increase our ownership stake to 51% once becoming a public company in the United States."

The management of EBIG, as part of EBIG's contractual agreement with JKZ, is advising and assisting in preparing the requisite accounting and legal information necessary for JKZ to become a reporting public company and, ultimately, be listed on a U.S. stock exchange. As part of EBIG's contractual agreement with JKZ, EBIG will own 15% of JKZ's common stock once it is listed on a U.S. stock exchange.

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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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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