SOURCE: EastBridge Investment Group

EastBridge Investment Group

March 12, 2010 07:30 ET

EastBridge Investment Group's Client, Wonder Education Group, Signs Agreement for $10 Million Capital Raise

PHOENIX, AZ--(Marketwire - March 12, 2010) -  EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that its client, Wonder Education Group, has successfully entered into a funding agreement with a leading investment banking firm in New York to raise up to $10,000,000.

Mr. ChunGui Xie, Chairman of Wonder, commented, "We are thankful for all the work EastBridge's management has done for us in New York during this road show. Now that National Securities has become our placement agent for our capital raise, we will soon obtain the additional capital to speed the growth of our business."

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.
    480-966-2020
    480-966-0808 (fax)
    Email Contact

    Investor Relations:
    Jack Eversull
    The Eversull Group, Inc.
    972-571-1624
    Email Contact