Market Pulse Breaking News Alert for Tuesday, March 16, 2010: EBIG -- EastBridge Investment Group Announces Tsingda Century Educ
16 March 2010 - 11:45PM
Marketwired
Market Pulse News Alert for this AM, Stocks to Watch are:
EastBridge Investment Group Corporation (OTCBB: EBIG), Amylin
Pharmaceuticals Inc. (NASDAQ: AMLN), Ford Motor Company (NYSE: F)
and Dana Resources (OTCBB: DANR).
Investors need to be watching EastBridge Investment Group
Corporation (OTCBB: EBIG) this AM! EastBridge Investment Group
Corporation (EastBridge) provides financial consulting services
including public offering guidance, joint venture, and merchant
banking services, to the small to medium-size businesses in China
and other Asian countries. The company's niche is providing the
listing service to the fast growing companies in these countries.
In return, once they become listed on a U.S. stock exchange,
EastBridge owns marketable stock securities in them. The company's
products and services help companies become public companies, get
listed on a U.S stock exchange and obtain capital to grow their
business and at the same time, afford their shareholders and
investors an opportunity to invest in these growing companies.
Recently, EastBridge announced that it has signed an agreement with
a new client, Tsingda Education Corporation in Beijing, China.
EastBridge has been retained to assist Tsingda to become listed on
the NYSE-AMEX or Nasdaq as soon as practical. Tsingda runs a chain
of about 1,800 tutoring centers in China. EastBridge has also been
retained to assist KaiDa Road Pavement and Construction Company in
Jiangsu, China, to become listed on the NYSE-AMEX or NASDAQ as soon
as practical. KaiDa is the number one black top paving and
engineering company in Jiangsu province. EastBridge has scheduled
to distribute 10% of its US stock ownership in KaiDa. All
shareholders of EBIG stock at the market closing on January 15,
2010 will receive on a pro rata basis, their allocated shares when
KaiDa's stock and the dividend registration are approved by the SEC
and the stock is trading on a United States stock exchange.
EastBridge has announced other "stock dividends" for their
shareholders for some of their other clients and will continue this
practice with newer clients in the future. The markets EBIG's
clients are in are both enormous and rapidly growing. EastBridge
concentrates on the industries they believe can deliver the best
returns for their shareholders such as: Education, Infra-Structure,
Energy, Real Estate and Environmental industries. EastBridge
normally receives a cash fee and an equity share (usually 10 to
20%) in the newly listed client company for its services. In
addition, EastBridge will also provide marketing, sales and
strategic planning services for its clients to assist them to enter
the United States market, if this is part of the client's strategic
plan. EastBridge's Beijing Office will also assist U.S. companies
to execute agreements with Chinese companies, Chinese government
agencies and/or Chinese representatives to provide distribution
channels and/or manufacturing capabilities for their products
and/or services. EBIG normally focuses on short-term investment
opportunities where the expected return is within a one to two year
period and the potential gain is substantial for both parties. EBIG
generally seeks transactions where they can assist in uncovering
hidden value after their participation. The focus is on
opportunities that can create value for both their shareholders and
clients. EBIG calls this their "Asian Pipeline" and management
anticipates that some of these clients will go public in the United
States and begin trading their stock in 2010. China attracted some
$63 billion of foreign direct investment last year. In China,
provinces, municipalities, autonomous regions have their own
enterprise focus. The investment and business environment for each
city and province is widely varied with 657 municipalities, 2,862
counties, and 41,636 townships. Officially, state enterprises
account for just one-third of the economy, compared with 80% two
decades ago. EBIG only looks for the companies that have
demonstrated either a steady income stream or are ready to launch
commercially exciting products that offer double digit growth
potential. Their pursuit for a high ROI and ROE is relentless.
EastBridge has the formula for success, and one that has them
immediately positioned for a high growth future. EastBridge
Investment Group Corporation is poised to become a significant
player in the financial services industry! EBIG has had several
excellent press releases out lately and one again before today's
opening bell announcing that its client, Tsingda Century Education,
has successfully entered into a pre-listing capital raise agreement
with a leading investment banking firm in New York to raise up to
$15,000,000! The street and investors are also beginning to realize
that being a shareholder in EastBridge allows them to receive stock
dividends in EastBridge's clients that are performing fundamentally
well in Asia! Investors should be watching this one closely!
EastBridge Investment Group Corporation (OTCBB: EBIG) today
announced that its client, Tsingda Century Education, has
successfully entered into a pre-listing capital raise agreement
with a leading investment banking firm in New York to raise up to
$15,000,000. The road show, consisting of four executive members,
was headed by CEO, Mr. Zhang Hui, who presented their company to
the investors from March 11th to 12th.
To learn more about Tsingda, please visit their website:
http://ir.eee114.com.cn
Mr. Zhang Hui, Chairman & CEO of Tsingda, commented, "We are
very happy that Maxim Group, a well known Wall Street investment
bank, has agreed to be our lead banker to raise up to $15,000,000
pre-listing monies for us. This agreement confirms our business
model and our ability to finance our growth with U.S. investors.
With this financing, we can accelerate our growth and speed our
listing on a U.S. stock exchange."
Mr. Norm Klein, CFO/COO of EastBridge, commented, "We are very
pleased to see our second road show in ten days conclude
successfully. As is the case concerning our other client this past
week, these pre-listing monies, generated through a structure
called private placement, will be investments by institutions and
investors who will generate more market support once the stock
opens for trading. As for the listing timing for Tsingda, it will
be sooner than the normal SEC registration process since we plan to
reverse merge Tsingda into a shell so that we can list it on either
AMEX or Nasdaq directly. We expect all clients who secure a capital
raise agreement will eventually become public companies after SEC
clearance."
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 their web
site: www.EbigCorp.com.
Stocks in the news and acting well as of late include: Amylin
Pharmaceuticals Inc. (NASDAQ: AMLN), Ford Motor Company (NYSE: F)
and Dana Resources (OTCBB: DANR).
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