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SMALL BUSINESS
EastBridge Investment Group's Client, Alpha Green Energy Limited, Signs Land Acquisition Agreement
Market Wire
PHOENIX, AZ -- (Marketwire) -- 10/26/09 -- EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that its CEO, Keith Wong, has attended a land
acquisition signing ceremony in Jiyuan, Henan for Alpha Green Energy
Limited. Together, with the local government officials and the management
of the industrial park, a formal land acquisition agreement was signed to
secure the site where Alpha Green Energy Limited is going to build their
first bio-mass power plant.
William Tien, CEO of Alpha Green Energy, commented, "We will build a 50
mega watt bio-mass power plant here in about eighteen months. This power
plant will be the most eco-friendly in Henan province of China. Instead of
burning coal, we will burn the cellulose waste from the local farmers. We
will provide heat to the neighboring community; we will sell the generated
electricity to the power grid. Right now, the farmers just burn the waste
in open air during harvests. This practice creates severe air pollution;
instead, we are going to turn their waste into electricity. We plan to
replicate this model in the other cities of China. The potential is very
big."
The management of EBIG, as part of EBIG's contractual agreement with Alpha
Green Energy Limited, is advising and assisting in preparing the requisite
accounting and legal information necessary for Alpha Green to become a
reporting public company and, ultimately, be listed on a U.S. stock
exchange. As part of EBIG's contractual agreement with Alpha Green, EBIG is
paid a cash fee and will own some of its common stock once it is listed on
a U.S. stock exchange.
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 our web site:
www.EbigCorp.com. To receive EBIG's email alert, send a blank email to
Tell A Friend about EastBridge, go to
www.EbigCorp.com/EBIG/Tell_A_Friend.html for details.
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.
Contact:
Norm Klein
EastBridge Investment Group Corp.
480-966-2020
480-966-0808 (fax)
Norm Klein
EastBridge Investment Group Corp.
480-966-2020
480-966-0808 (fax)
Email Contact
Investor Relations:
Jack Eversull
The Eversull Group, Inc.
972-378-7917 or 972-571-1624
972-378-7981 (fax)
Investor Relations:
Jack Eversull
The Eversull Group, Inc.
972-378-7917 or 972-571-1624
972-378-7981 (fax)
MARKET WIRE
2009-10-26 12:38:40
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