EastBridge Investment Group's Client, LongWen Media, Begins Audit Work for U.S. Listing
(firmenpresse) - PHOENIX, AZ -- (Marketwire) -- 12/05/11 -- EastBridge Investment Group (OTCBB: EBIG) (OTCQB: EBIG) announced today that its new client, Hangzhou LongWen Media has begun its audit work in connection with the U.S. listing process.
Norm Klein, CFO/COO of EastBridge, commented, "We are pleased to see another client with their audit work started. In addition to Dwarf Technology and Arem Pacific, this will be another new client in our pipeline for listing in 2012."
Keith Wong, CEO of EastBridge, added, "While we are waiting for Tsingda and Wonder to begin trading, we have not let up on the work for the clients in the pipeline. We believe that LongWen will be a significant client as it currently has two well established subsidiaries generating a total of a couple million dollars of net income per year. The subsidiaries are in the copper faucets and valves and copper rods business. The holding company, LongWen Media, is in the high growth multi-media business."
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: . 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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Datum: 05.12.2011 - 13:00 Uhr
Sprache: Deutsch
News-ID 93818
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PHOENIX, AZ
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Alternative Energy
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