SOURCE: EastBridge Investment Group

EastBridge Investment Group

December 14, 2010 10:35 ET

EastBridge Investment Group's New Client, C8R Asia Ltd., Completes Stock Purchase Transaction

PHOENIX, AZ--(Marketwire - December 14, 2010) -  EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that its new client, C8R Asia Limited, located in Hong Kong, along with a group of investors, have acquired 96.6% controlling stake in E Global Marketing, Inc. (EGLO). As a result of this transaction, E Global Marketing Inc.'s management and board are now controlled by the representatives appointed by the acquiring investors. EastBridge was compensated with an equity stake in EGLO for its advisory work.

William Tien has been appointed Chairman, President and Board Director, and Norm Klein has been named as a Board Director of EGLO.

For more information about this transaction, please go to the following SEC link:

http://www.sec.gov/Archives/edgar/data/1398427/000102022910000093/f120810changeofcontrol.htm

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.
    972-571-1624
    214-469-2361 (fax)
    Email Contact