StockGuru News: EastBridge Investment (EBIG) Signs All Cash Agreement With Australia’s AREM Wine
EastBridge Investment (EBIG) Signs All Cash Agreement With Australia’s AREM Wine EastBridge Investment Group Corporation (OTCBB: EBIG) PHOENIX, AZ–(MARKET WIRE)–Sep 27, 2007 — EastBridge Investment Group (EBIG) (OTC BB:EBIG.OB - News) today announced that it has signed a definitive listing agreement to take AREM Wine Pty, Ltd, www.aremwine.com.au, an Australian wine company in Melbourne, Australia, public in the United States as soon as possible. Under the terms of the agreement, EBIG will be paid $700,000 in cash, of which $300,000 was paid at signing and $200,000 will be paid when the proper application is filed with the SEC and the…