StockGuru News: EastBridge Investment (EBIG) Announces AREM Wines Milestone of 1,000 Retail Outlets in China
EastBridge Investment (EBIG) Announces AREM Wines Milestone of 1,000 Retail Outlets in China EastBridge Investment Group Corporation (OTCBB: EBIG) PHOENIX, AZ–(MARKET WIRE)–Sep 25, 2007 — EastBridge Investment Group (EBIG) (OTC BB:EBIG.OB - News) today announced that the wine products of its 15% owned AREM Wines Pty, Ltd, www.aremwine.com.au, an Australian company located in Melbourne, Australia, are now being distributed in 1,000 Chinese retail outlets. EastBridge Investment Group is pleased to further announce that Dr. Thomas Tang, President of AREM Wines, has agreed to become a managing director for EastBridge. Norm Klein, COO and CFO of EBIG, remarked, “For AREM to…