EastBridge Investment Group (OTCBB: EBIG) recently publicized that its CEO, Keith Wong, has attended a land acquisition signing ceremony in
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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.
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