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TEMPE, Ariz., June 7 /PRNewswire/ -- 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 Company's stock has begun to trade under the symbol OTC BB: EBIG.
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 973/239-2712. Other shareholders should contact their broker for assistance. Shareholders of ATC Technology became shareholders in EastBridge Investment as part of a restructuring.
"There are numerous companies in China and India and elsewhere in Asia that 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 key merchant banking services."
"We will also pay stock dividends to our shareholders, two dividends having already been announced, as our transactions proceed," Mr. Wong said. Previously, EastBridge announced agreements to take a Chinese steel construction company, a Hong Kong manufacturer of high-speed laser communications equipment, and a Chinese manufacturer of gear axles and roller bearings public in the U.S. stock market.
"We are very pleased to have our common shares traded on the Over the Counter Bulletin Board. We look forward to creating genuine shareholder value for those who have held this stock for a number of years and for new investors," 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, Fax: +1-480-966-0808
Web site: http://www.ebigcorp.com/