EastBridge Investment Group Inc. (OTCBB: EBIG), a provider of consulting services to emerging companies looking to raise capital or go public in the U.S., with clients similar to companies like Tal Education Group (NYSE: XRS) and A123 Systems Inc. (NASDAQ: AONE), recent sat down for an interview with our editor to answer some key questions.
Editor: Can you provide new investors reading this article with a brief overview of EastBridge and what the company is all about?
Management: EastBridge provides consulting services to provide viable corporate infrastructure necessary for small to medium-size companies to obtain capital to grow their business. We structure clients as joint ventures, wholly owned foreign enterprises, or guaranteed return ventures, and assist them in locating investment banking, financial advisory and other financial services necessary to become public companies in the United States or find joint venture partners or raise capital to expand their businesses. In exchange for these services, the company receives cash fees and equity, revenues from joint ventures and fees earned in providing bridge loans to small companies.
Editor: EastBridge’s two most promising upcoming clients are Tsingda Education and Wonder Education. Can you provide shareholders with an update on these two companies and when they can expect to see a public listing? Given their financial performance, what kind of valuation can investors expect?
Management: Both companies are awaiting approval from FINRA, which is the final step in getting them listed on a U.S. stock exchange or market. Once approved, then the management of both companies will decide when trading will begin. We expect both companies to begin trading within the next two to four months. Based on their financial performances in 2011, we expect both Wonder and Tsingda to do well among their peers in the education field, concerning their valuation.
Editor: Can you provide shareholders with an update on some of the EastBridge’s other clients and near-term opportunities as well? How many of these do you expect to list on a U.S. exchange in 2012?
Management: We are working on three (3) other clients from the Far East: Dwarf Technology, LongWen Media Holding and Arem Pacific Corporation. We are in various stages of the listing process with each of these companies. We expect all 3 to be listed in 2012. We are also working with several American companies – most of these are at the beginning stages of our work with them. However, we will begin the audit and legal processes with International Air Medical Services, Inc, an air ambulance company, located in Arizona. We would expect this company to obtain a listing on a U.S. stock market in late 2012 or early 2013.
Editor: Can you comment on EastBridge’s valuation right now? Do you feel the company is undervalued, and if so, what is management doing to improve that value and help shareholders?
Management: We do believe that EastBridge is very seriously undervalued at this time since we are very close to completing the listing process with several of our clients. This is a culmination of several years of hard work and investment of significant time and money; soon, we will see the reward. We expect our financials to improve significantly as we complete the listing process for several of our clients in 2012, especially for Wonder and Tsingda, our two education clients from Mainland China. With financial performance improvement in 2012, we expect our valuation to increase, which should improve our stock performance at that time.
Editor: How can a shareholder obtain additional information about EastBridge and its clients?
Management: We just filed our 2011 Annual Report. Go to the SEC web site (www.sec.gov); search for filing companies and type in our company name (Eastbridge Investment Group). Click on the the 10K report, which was just filed at the end of March, 2012. This will provide you most of the updated information about EastBridge and our clients.
About EastBridge Investment Group
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: www.EbigCorp.com. To receive EBIG’s email alert, send a blank email to info@EbigCorp.com. Join us on Facebook at the following link: http://www.facebook.com/ebigcorp.
Forward-Looking Statements: Statements in this interview 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.
