The Big Scoop on Eastbridge EBIG
July 27th, 2010 at 12:44 pm Posted by The Dean
This morning, The Dean suggested his students do their homework on Eastbridge Investment Group Corp. (OTC: EBIG), especially because the Company has issued two press releases in the past two trading days.
One of these companies, Wonder Education Group, is a well-known vocational school serving students across China, and has been named one of China’s ten major brands in computer education by the Ministry of Information, Ministry of Labor and Social Security, and the computer world.
Wonder Education Group provides practical and high quality IT and computer skills training suitable to prepare students for employment opportunities after graduation.
In today’s press release, $EBIG announced that Wonder Education Group recently filed an amended registration statement with the SEC.
Additionally, today’s $EBIG news tells us that their client anticipates clearance from the SEC “in the near future and will quickly complete the application process to list on a U.S. stock exchange.”
Aside from being a big development for Wonder Education Group, The Dean believes this is another positive step for $EBIG as an Ivy League Stock Pick.
Why’s that? If you don’t remember The Dean’s analogy about $EBIG being The Dean’s Golden Goose, let’s refresh your memory: Every time one of those “golden eggs” [$EBIG's clients] goes public, and hatches, the Golden Goose cashes in!
So, if you happen to be an $EBIG shareholder of record before a specified date, you would be entitled to a dividend.
Since $EBIG gets 10% to 25% stock ownership in their client companies, each time one of their client’s goes public it’s truly a pivotal event for $EBIG and, potentially, the company’s share price.
How so? If just one of $EBIG‘s clients goes public and trades with a $50 million market cap, and $EBIG owns 10% of the company, that’s $5 million in assets and revenues for $EBIG.
This is why The Dean believes $EBIG will show its true colors, as The Dean’s other Ivy League Stock Picks have.
Currently, $EBIG is trading at $0.08.
Disclosure: The Dean has been compensated 300,000 restricted shares by Eastbridge Investment Group Corp (EBIG) to provide communication services for the company. These shares cannot be sold until January 2, 2011.
