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 its 10-K annual financial results and scheduled a conference call to discuss them.
EastBridge Investment Group (EBIG) (OTC.BB: EBIG) (Pinksheets: EBIG) today announced improved financials in its 10K filing. The Company will also have a Shareholder Telephone Conference Call on Thursday, April 21, 2011 at 11:00 a.m. EDT.
EastBridge’s Revenue improved from $50,000 in 2009 to $1,741,682 in 2010; Total Assets increased from $185,931 to approximately $1.7 million and its Shareholder Equity improved from a negative $878,074 to a positive $58,863. EastBridge’s management expects 2011 to continue this upward trend. 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
Mr. Norm Klein, COO/CFO of EastBridge, commented, “We are pleased with our improved 2010 financials and we expect to significantly improve those results in 2011. As we have indicated, as soon as we become qualified to do so, we will move to a higher stock exchange. Last year was a good start toward this goal. We look forward to discussing our 10K and giving our shareholders an update on the work we are doing for our clients during our conference call on the 21st.”
If during the shareholder telephone conference, a connection difficulty occurs, please send an email to firstname.lastname@example.org for immediate assistance.
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 email@example.com. Join us on Facebook at the following link: http://www.facebook.com/pages/Eastbridge-Investment-Group/110596462346210.
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.
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