SOURCE: EastBridge Investment Group

June 26, 2008 08:00 ET

EastBridge's Client "YEWO Group" Acquires Land for Golf Resort in China

PHOENIX, AZ--(Marketwire - June 26, 2008) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that its client, YEWO Group, has acquired 823 acres of land in a suburb of Nanjing, approximately two hours from Shanghai, China. The land will be developed into a golf resort and several high end residential villas in about two years.

YEWO is currently undergoing the auditing process for a U.S. listing. EBIG expects YEWO will become a Nasdaq or AMEX listed company by December, 2008. YEWO is one of the four EBIG clients selected to go public this year.

YEWO is a diversified holding company that owns and operates two shopping centers, several distribution centers and a theme park resort center. YEWO Group is a stable and profitable company that has been in business for ten years.

EastBridge divides its clients into three annual revenue sizes: Growth: one-ten million dollars; Market-Niche: ten-twenty million dollars; Market-Leader: above twenty million dollars. YEWO Group is considered to be substantially above the Market Leader category.

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