EastBridge Investment Group's Report on Client's Progress on Listing

EastBridge Investment Group's Report on Client's Progress on Listing

ID: 151455

(firmenpresse) - PHOENIX, AZ -- (Marketwire) -- 05/30/12 -- EastBridge Investment Group (OTCBB: EBIG) (OTCQB: EBIG) announced today its client, Wonder Education, has received another reply letter from FINRA containing only two short questions.

Keith Wong, CEO and Chairman of the Board of EastBridge, commented, "As promised, we want to update our shareholders on the reply letter we received on May 29, 2012 from FINRA on Wonder's OTCBB listing. FINRA is asking for a list of shareholder names that own more than 50,000 shares of Wonder stock and is also requesting a letter from the market maker stating that a copy of Wonder's 10Q report in their possession. We believe both questions are fairly easy to answer. The first question will take a few days as we need to order a shareholder list from the company that stores the account information for all the brokerage firms; the second question is even easier, as the market maker only needs to confirm that he has a physical copy of Wonder's 10Q report, which was filed with the SEC earlier. We believe we should be able to re-file in approximately five working days and it will take up to ten days for FINRA to tell us if they have any further questions. If nothing else is required, then we can begin trading. We will let everyone know as soon as we receive FINRA's response after we have re-filed."

EastBridge Investment Group focuses on high-growth companies in Asia, offering IPO and Joint Venture 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: . To receive EBIG's email alert, send a blank email to . Join us on Facebook at the following link: .

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)


Investor Relations:
Jack Eversull
The Eversull Group, Inc.
972-571-1624
214-469-2361 (fax)

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 30.05.2012 - 17:36 Uhr
Sprache: Deutsch
News-ID 151455
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PHOENIX, AZ



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Commercial & Investment Banking



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