SOURCE: EastBridge Investment Group

EastBridge Investment Group

June 05, 2009 08:00 ET

EastBridge Investment Group's Client, Wenda Education Group, Reaches Major Enrollment Milestone

PHOENIX, AZ--(Marketwire - June 5, 2009) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that its client, Wenda Education Group, now has more than ten-thousand students enrolled in its various vocational training programs. The Chinese government's stimulus package is expected to enable more young workers to seek training and re-training. Wenda Education Group is in Anhui province and has six locations in the other provinces. The company offers classes in office network systems, CAD/CAM, network security, website design, computer maintenance, computer graphics and computer animation design programs. It is estimated that there are over 400 million young adults in the 17 to 30 year-old age group in China.

Wenda is completing its audit and plans to become a public company soon thereafter. EastBridge is a substantial shareholder in the company.

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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. 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

    Investor Relations:
    Jack Eversull
    The Eversull Group, Inc.
    972-378-7917
    972-378-7981 (fax)
    Email Contact