SOURCE: EastBridge Investment Group
PHOENIX, AZ--(Marketwire - Oct 8, 2012) - EastBridge Investment Group (OTCQB: EBIG) today announced Dwarf Technology, an internet search engine company in China, filed a new, amended stock registration statement with the U.S. Securities and Exchange Commission (SEC) on Friday, October 5, 2012 to list Dwarf's stock on the Over the Counter Bulletin Board and OTC Markets. Dwarf Technology's website is: http://www.Dwarftech.net.
Dwarf's revenues were $4,967,098, $3,621,943 and net incomes were $362,261, $366,733, respectively for 2011 and 2010. The company reported revenues of $3,972,713 and a net income of $852,456 through the 2nd quarter of 2012 versus revenues of $2,359,095 and a net income of $340,902 through the same quarter of 2011.
Norm Klein, COO/CFO of EastBridge, commented, "This is the fourth round of registration filings with the SEC for Dwarf. Once it is approved, it will go to FINRA for pricing and listing approval. We hope that Dwarf can begin trading its stock in a few months. They had a very profitable 2nd quarter of 2012 and we look forward to additional quarters of solid financial results."
EastBridge Investment Group focuses on high-growth companies in Asia and in the United States, 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 info@EbigCorp.com.
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