Wonder International Obtains DTC Approval to Begin Electronic Trading
PHOENIX, AZ -- (Marketwire) -- 10/02/12 -- Wonder International
Education and Investment Group Corporation (OTCBB: WIEI) (OTCQB:
WIEI) today announced that DTC approved electronic trading for the
Company's stock. Wonder's stock is traded on the Over The Counter
Bulletin Board and OTC Markets under the stock symbol, WIEI. The
Company is a provider of information technology vocational training
schools and the first China-based vocational training school publicly
traded in the U.S.
Frank Wei, CEO of Wonder, commented, "We are very pleased to be
approved by DTC to begin electronic trading. We are expecting
excellent financial results for 2012. The Company ended 2011 with
approximately $14.8 million in revenue and $5.1 million in net
income. Wonder had an excellent first six months of 2012 with revenue
at about $9.3 million with a net income of $4.2 million. A PE (price
earnings ratio) of fifteen would make our share price in the range of
$3.75 per share based on our 2011 net income. We expect to continue
this trend throughout 2012. I also want to thank EastBridge
Investment Group and our legal and accounting service providers for
assisting us in obtaining DTC approval."
Wonder established its first school in 1993 and operates seven
information technology-focused vocational training schools in seven
provinces; Anhui, Jiangsu, Zhejiang, Henan, Hubei, Liaoning, and
Fujian. The Company's core focus is to educate students in the
lesser-developed cities of China to have the practical skills to
secure higher-paying jobs.
Wonder also operates employment service agencies in more than 20
provinces and municipalities to serve their more than 20,000
graduating students annually. The Company's partnership with 30,000
corporations and 12 employment agencies will help provide jobs to
Wonder's students and increase quality IT to support China's growing
For more information, please view www.wondedu.com
EastBridge Investment Group (OTCBB: EBIG) (OTCQB: EBIG) focuses on
high-growth companies in Asia and in the United States, 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. To learn more
about EastBridge Investment Group go to: www.EbigCorp.com. To receive
EBIG's email alert, send a blank email to info@EbigCorp.com.
Statements in this press release relating to plans, strategies,
economic performance and trends, projections of results of specific
activities or investments, and other statements that are not
descriptions of historical facts may be forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Forward-looking information is
inherently subject to risks and uncertainties, and actual results
could differ materially from those currently anticipated due to a
number of factors, which include, but are not limited to, risk
factors inherent in doing business. Forward-looking statements may be
identified by terms such as "may," "will," "should," "could,"
"expects," "plans," "intends," "anticipates," "believes,"
"estimates," "predicts," "forecasts," "potential," or "continue," or
similar terms or the negative of these terms. Although we believe
that the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity,
performance or achievements. The Company has no obligation to update
these forward-looking statements.
Wonder Board Director
EastBridge Investment Group Corporation
The Eversull Group, Inc.
Jack Eversull, President
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