Starwood Research Initiates Coverage on EastBridge Investment Group Corp. (OTCBB: EBIG)
28 February 2008 - 1:00AM
PR Newswire (US)
LOS ANGELES, Feb. 27 /PRNewswire/ -- Starwood Research announced
today that it has initiated active coverage of EastBridge
Investment Group Corp. (OTC:EBIG) (BULLETIN BOARD: EBIG) , a
private equity and IPO consulting firm focused on bringing a solid
pipeline of small Asian companies to Western markets. In his
inaugural Starwood Research Analyst Note on EBIG, Andrew G. White,
CFA wrote that EBIG's role as "U.S. tollbooth for underserved,
proven Chinese companies" could realize CEO Keith Wong's ambition
of creating a diversified portfolio of high-quality Asian holdings
for not only the company but U.S.- based shareholders. "If EBIG
delivers, they will deliver big." Key value drivers: -- EBIG is
working within a vast and almost entirely undiscovered "Asian
barrel" of roughly 400,000 potential clients in China and India
alone. This allows the company to concentrate on only the most
tempting opportunities. As CFO Norm Klein notes, clients are not
start-ups; instead, "they are already generating revenue [and] good
cash flow." -- Plans to take portfolio companies to Western markets
could unlock substantial value; management expects multiple client
IPOs in 2008 to deliver a revenue stream in the $10 million to $20
million range. Given current market cap and nominal burn rate, a
run rate on this scale (possibly $0.37 per share in 2009) could
prove transformative. -- "Conservative" management team continues
to demonstrate its ability to sign up corporate customers, most
recently adding Huang Wei Pharmaceutical Co. to its client
portfolio. The full analyst note on EBIG, along with an audio
interview with both Mr. Wong and Mr. Klein, can be found at
http://www.starwoodresearch.com/ceointerviews. Starwood Research
Institute provides research on stocks that have exponential growth
and explosive profit potential. One example, ESPRE Solutions
(EPRT), has appreciated close to 100% in value since Starwood
initiated active coverage. Our focus is on high-risk, highly
speculative emerging growth stocks that offer upside profit
potential of 500% to 1,000% or more. Starwood's Analyst Notes and
CEO interviews (available free at:
http://www.starwoodresearch.com/) are unique because they are
conducted by highly experienced investment analysts, who have all
earned the CFA (Chartered Financial Analyst) designation, the
highest standard in ethics and professional excellence in the
investment community. Full compensation/conflicts of interest
disclosure is online at http://www.starwoodresearch.com/ About
EastBridge Investment Group EastBridge Investment Group focuses on
small-to-medium high-growth companies in China and India 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.
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. Web site:
http://www.starwoodresearch.com/http://www.starwoodresearch.com/ceointerviewshttp://www.ebigcorp.com/
DATASOURCE: Starwood Research Institute CONTACT: Jack Marks, Chief
Executive Officer, Starwood Research Institute, +1-310-601-7080; or
Keith Wong, President & Chief Executive Officer, EastBridge
Investment Group Corp., +1-480-966-2020 Web site:
http://www.starwoodresearch.com/
http://www.starwoodresearch.com/ceointerviews
http://www.ebigcorp.com/ Company News On-Call:
http://www.prnewswire.com/comp/140599.html
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