EastBridge Investment Group (OTCBB: EBIG), a provider of financial services to emerging public companies in Asia designed to help them list on U.S. exchanges, with clients similar to China Education Alliance Inc. (NYSE: CEU) and Chinacast Education (Nasdaq: CAST), recently reported that its client, Wonder Education, reported its fiscal 2010 financial results. To discuss these results plus the status of EastBridge’s clients, the management will hold a Shareholder Conference Call. Following is the dial in information: Conference Date and Time: Thursday, April 21, 2011 at 11:00 a.m., EDT. Dial in number: 1-605-475-6333, Participant Access Code: 769117.
EastBridge Investment Group (OTCBB: EBIG) today announced that its client, Wonder International Education and Investment Group Corporation (i.e. “Wonder”), has filed its 2010 Annual Report with the SEC on Friday, April 15, 2011.
Some highlights from Wonder’s 2010 financials include the following: Revenue increased 12% going from $11.3 million in 2009 to $12.7 million in 2010. Net Income increased 27%, from $2.6 million to $3.3 million and Total Assets increased 13% from $3.8 million to $4.3 million including a 44% increase in cash.
Mr. Wei, CEO of Wonder, commented, “We are pleased with our financial improvement in 2010. We look forward to completing the listing process on a U.S. stock exchange and conducting a capital raise to expand our business in the near future.”
To learn more about Wonder, please visit their website: www.wondedu.com
EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. 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. Join us on Facebook at the following link: http://www.facebook.com/pages/Eastbridge-Investment-Group/110596462346210.
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