EastBridge Investment Group Files Form 8-K With SEC for the Acquisitions of Ji-Bo and Aoxing Corp.
Market Wire, October, 2008
EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced the Company had filed an 8-K with the SEC regarding terms of the 51% acquisition of Ji-Bo Pipes and Valves Co., of Zhejiang, China and Aoxing Corp., an electrical cable manufacturer of Jiangxi, China. The acquisitions will positively impact EBIG's 2008 4th Quarter revenues and net income. EBIG's management estimates earnings will exceed $2,100,000 for 2008 or 1.75 cents per share.
A photo of the representative products manufactured by Ji-Bo and Aoxing can be found at:
http://www.ebigcorp.com/photos/JiBoParts.jpg
http://www.ebigcorp.com/photos/AoxingProducts.jpg
Below is the link for EBIG's 8K filing:
http://www.sec.gov/Archives/edgar/data/1378624/000135448808001728/eastbridge8k.htm
EastBridge's management feels the underlying stock value for EBIG will increase significantly as the Company's listing clients become US public companies.
EastBridge maintains a branch office in Beijing, China, to assist in the legal and auditing work for our existing clients.
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: 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
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