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EastBridge Investment Group Announces Record Date Extension for Its Stock Dividend of Dwarf Technology Stock(October 31, 2011)
PHOENIX, AZ -- (Marketwire) -- 10/31/11 -- EastBridge Investment Group (OTCBB: EBIG) (OTCQB: EBIG) today announced that it has scheduled a new record date to distribute 300,000 shares of its stock ownership in Dwarf Technology Holdings, Inc. to its shareholders for no considerations. Shareholders of EBIG stock on the closing date of November 30, 2011, will receive on a pro rata basis, their allocated shares after this dividend registration is approved by the SEC. The original record date of October 31, 2011 has been cancelled. The dividend represents 1.5% of Dwarf's stock. Dwarf was filed with the SEC on August 16, 2011. The filing includes the registration of this stock dividend for EastBridge shareholders.
To learn more about Dwarf, go to: http://www.4006009090.cn/en/
Mr. Norm Klein, COO/CFO of EastBridge, commented, "We are happy to extend the stock dividend record date from October 31 to November 30 of this year. Dwarf has grown significantly during the past two years and has solid expansion plans for the future. We will send the appropriate notices and announcements to our shareholders after these shares are approved by the SEC and are ready for trading."
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 [email protected]. Join us on Facebook at the following link: http://www.facebook.com/ebigcorp.
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.
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