EastBridge Investment Group Now Public; Trading Symbol OTC BB: EBIG
16 May 2007 - 8:00PM
PR Newswire (US)
PHOENIX, May 16 /PRNewswire-FirstCall/ -- EastBridge Investment
Group (http://www.ebigcorp.com/), the first and only Over the
Counter Bulletin Board company devoted to bringing small to medium
sized, high growth companies from China and India public in the
U.S., today announced that the National Association of Securities
Dealers has approved trading in the Company's stock under the
symbol: (OTC:EBIG) (BULLETIN BOARD: EBIG) . The Company previously
received an approval letter from the U.S. Securities & Exchange
Commission. Shareholders with ATC Technology Corp. stock
certificates should send these by secure carrier, with a $25
handling fee, to EastBridge Investment's transfer agent to have the
restriction removed. That address is Jersey Transfer and Trust Co.,
201 Bloomfield Ave., P.O. Box 36, Verona, N.J. 07044. The phone
number is 974/239-2712. Other shareholders should contact their
broker for directions. "The shareholders of ATC Technology became
shareholders in EastBridge Investment as part of a restructuring,"
said Norm Klein, CFO. "There are numerous companies in China and
India who want to trade their common stock in the U.S., the world's
greatest market," said Keith Wong, President and CEO. "EastBridge
has the experience and expertise to assist these companies through
this difficult process and also will provide merchant banking
services." "The potential clients are in China and Hong Kong,
India, Macao and Taiwan. We have the ability to find opportunities
that will benefit both the clients and our shareholders. We will
also pay stock dividends to our shareholders as the transactions
proceed," Mr. Wong said. Earlier this year, EastBridge announced
agreements to take a Chinese steel construction company, a Hong
Kong producer of high-powered communications laser products, and a
Chinese manufacturer of gear axles and roller bearings public in
the U.S. stock market. "We are very pleased to now also be a public
company in the U.S. We look forward to creating genuine shareholder
value for those who have held this stock for a number of years and
for new investors also," Mr. Wong said. Forward-Looking Statements
Statements in this press release may constitute forward-looking
statements and are subject to numerous risks and uncertainties,
including the failure to complete successfully the development of
new or enhanced products, the Company's future capital needs, the
lack of market demand for any new or enhanced products the Company
may develop, any actions by the Company's partners that may be
adverse to the Company, the success of competitive products, other
economic factors affecting the Company and its markets, seasonal
changes, and other risks detailed from time to time in the
Company's filings with the Securities and Exchange Commission. The
actual results may differ materially from those contained in this
press release. The Company disclaims any obligation to update any
statements in this press release. CONTACT: EastBridge Investment
Group Norm Klein, CFO, COO 480/966-2020 Fax: 480/966-0808
DATASOURCE: EastBridge Investment Group CONTACT: Norm Klein, CFO,
COO of EastBridge Investment Group, +1-480-966-2020, or fax,
+1-480-966-0808 Web site: http://www.ebigcorp.com/
Copyright