StockGuru News: EastBridge Investment Group (EBIG) Announces Stock Dividend in General Farms
PHOENIX, AZ–(MARKET WIRE)–Nov 16, 2007 — EastBridge Investment Group (EBIG) today announced that it has appropriated for distribution a total of ten million shares or five percent of the common stock of General Farms Corporation, on a pro-rata basis and without considerations to its shareholders of record on Friday, November 16, 2007. General Farms Corporation, a wholly owned subsidiary of EastBridge, focuses on beverage and food manufacturing business in Asia. The eligible shareholders will automatically receive the stock certificates or electronic deposits into their accounts when the General Farms’ stock is listed and begins trading.General Farms Corporation is scheduled to…