UNITED
STATES
 SECURITIES
AND EXCHANGE COMMISSION
 WASHINGTON,
D.C. 20549
 
 FORM
10-KSB
 
 x ANNUAL
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
 EXCHANGE
ACT OF 1934
 
 For
the Fiscal Year Ended December 31, 2007
 
 OR
  ̈
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
 EXCHANGE
ACT OF 1934
 
 For the
transition period from N/A to N/A
 Commission File
Number:0-52282
 
 
 EastBridge
Investment Group Corporation
 (Name of
small business issuer as specified in its charter)
 
 Arizona
              
              86-1032927State
      of Incorporation
              
              IRS
      Employer Identification No.
 
 2101
East Broadway Street, Unit 30, Tempe, AZ  85282
 (Address
of principal executive offices)
 
 Registrant's telephone number,
including Area Code:(480) 996-2020
 Securities
registered pursuant to Section 12(b) of the Act:  None
 Securities
registered pursuant to Section 12(g) of the Act:
 
 Common
Stock, No Par Value
 
 Check
whether the Registrant (1) has filed all reports required to be filed by Section
13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or
for such shorter period that the Registrant was required to file such reports)
and (2) has been subject to such filing requirements for the past 90
days.
 
 YES x              NO
o
 Check if
disclosure of delinquent filers in response to Item 405 of Regulation S-B is not
contained in this form, and no disclosure will be contained, to the best of the
Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-KSB or any amendment to
this Form 10-KSB. x
 
 Indicate
by check mark whether the registrant is a shell
company      Yes  ̈ No
x
 
 Registrant’s
revenues for the most recent fiscal year were $441,937
  The
aggregate market value of the common stock held by non-affiliates computed based
on the closing price of such stock on January 31, 2008, was approximately
$3,465,000.
  
  PART
I
 
 ITEM
1.  DESCRIPTION OF BUSINESS.
 
 Except
for historical information contained herein, the following discussion contains
forward-looking statements that involve risks and uncertainties.  Such
forward-looking statements include, but are not limited to, statements regarding
future events and the Company’s plans and expectations.  Actual
results could differ materially from those discussed herein.  Factors
that could cause or contribute to such differences include, but are not limited
to, those discussed elsewhere in this Form 10-KSB or incorporated herein by
reference, including those set forth in Management’s Discussion and Analysis
or Plan of Operation.
 
 Overview
 
 EastBridge
Investment Group Corporation (formally ATC Technology Corporation)
(“EastBridge”, “we”, “us”, “our” or the “Company”) was incorporated in the state
of Arizona on June 25, 2001.  The Company’s principle activity up through
June 30, 2005 was to manufacture mobile entertainment products that provide a
means to play video game consoles made by Sony, Microsoft and Nintendo, in the
car, RV, SUV, van or boat with attachable viewing monitors.
 
 On August
23, 2002, we entered into an agreement with Providential Holding, Inc.
(“Providential”) to sell all the issued and outstanding shares of EastBridge.
 For consideration,  Providential agreed to deliver (i) $250,000 in
non-interest bearing promissory notes, payable 270 days after closing, (ii)
$250,000 in non-interest bearing promissory notes, payable 180 days after
closing, (iii) 3,000,000 shares of restricted stock of EastBridge with an option
of additional shares to be issued after 270 days if the stock price does not
reach $0.30 and (iv) 1,000,000 shares of restricted stock of Providential with
an option of additional shares to be issued after one year if the stock price
does not reach $0.30. The transaction between the original stockholders and
Providential was consummated as of October 17, 2003.  On June 30, 2005 the
Company and Providential, agreed to a financial and ownership restructuring and
executed a formal agreement to return the majority ownership of EastBridge to
its original stockholders in exchange for a forgiveness of notes and obligations
owed to the Company and its original stockholders. The total amount of the debt
forgiven was $1,932,617 and is recorded as paid-in capital by the majority
original stockholders in the 2005 financial statement. As a result of the
re-structuring, Providential has become a minority stock holder and the original
stockholders of the Company have become the majority stockholders as a
group.
 
 In 2005,
EastBridge decided to exit the mobile video game market and dedicate our
activities to providing investment related services in Asia, with a strong focus
on the high GDP growth countries, such as China and India. EastBridge will
initially concentrate on the growing investment opportunities in China (Hong
Kong, mainland China, Macao and Taiwan).  Its products will be financial
services that assist small to medium-size companies obtain capital to grow their
business.  EastBridge’s financial services are expected to be in the form
of joint ventures, wholly foreign owned enterprises, guaranteed return ventures,
investment banking, financial advisory services or any other financial services
allowed by the local government and in compliance with the United States
Securities Exchange Commission regulations. In addition, EastBridge will also
provide marketing, sales and strategic planning services for its clients to
assist them to enter the United States market.
 
 EastBridge
is one of the very few United States companies solely concentrated in marketing
financial services to the small to mid-size, but large number, of Asian
companies that require financial services to assist them in expanding in their
local markets. In the business sectors that EastBridge sees a unique
opportunity, EastBridge will form its own foreign subsidiaries with local
partners to capture the opportunity.
  2
  In
January, 2007, we formed Fiber One Limited (“Fiber One”) in Hong Kong as a
wholly owned subsidiary of EastBridge to provide calibration and maintenance
services to fiber optic companies in Asia, mainly in China and
Japan.  On June 11, 2007, we distributed 5.0% of Fiber One to our
shareholders of record on June 11, 2007.  Accordingly, the results of
Fiber One have been consolidated with those of EastBridge’s from the date of
formation of Fiber One.  EastBridge has formed other subsidiaries
since the formation of Fiber One – these are noted in the Management Discussion
and Analysis section.  As of December 31, 2007, EastBridge has five
(5) subsidiaries and all have distributed dividend shares to EastBridge’s
shareholders.
  Financial
Services
  The
Company’s products are financial services that help small-to-medium-sized
companies obtain capital to grow their business.  The Company’s financial
services will be in the form of small public offerings, Joint Ventures, Wholly
Foreign Owned Enterprises, assistance with Guaranteed Return Ventures,
investment banking, financial advisory services or any other financial services
allowed by the local government and in compliance with the Securities and
Exchange Commission regulations. Under a Guaranteed Return Venture agreement,
EastBridge will invest its intellectual capital in an enterprise through
knowledge, or good will. In return, the enterprise will provide a written
guarantee that EastBridge will receive a certain percentage of its profits.
Further, the enterprise will guarantee that it will pay a specified minimum
profit to EastBridge. If the enterprise fails to do so, EastBridge will be
entitled to its total profit in any agreed period of interest.
  The
Company will also provide marketing, sales, and strategic planning services for
its clients to assist them in entering the United States market.
  EastBridge
maintains a company website at: www.EbigCorp.com, the contents of which are not
a part of this filing. EastBridge’s business plan is to provide financial
services, including public offering guidance, joint venture, and merchant
banking advice to small-to-medium-sized businesses in Asia.  Through
the public offering guidance service, the Company will consult with its clients
in investor relations, public relations, and will provide details on marketing,
sales, and strategic planning services. Specifically, the Company will provide
its clients with valuable information about the U.S. stock market, and its
general entry requirements. Further, the Company will advise its clients on the
pertinent information about U.S. investors before becoming reporting
companies.
  EastBridge’s
target clients are mostly in the Chinese territories and other Asian
countries.  EastBridge searches for opportunities to enhance hidden
values to our clients.  Though we focus on opportunities that can
create value for both our shareholders and clients, we cannot provide any
assurance that such opportunities will create value for our shareholders, or
otherwise increase the value of their investment in the Company.
  Products and
Marketing
  EastBridge’s
main business plan is to assist in listing service and advice, and access to
joint ventures to businesses in Asia. Our potential income sources are derived
from the following
  ·
              Earning
      fees and stock equities in the companies we
  represent;
 ·
              Cash
      income by operating joint ventures with local
  partners
 ·
              Fees
      earned in providing merchant banking services to small Asian companies to
      access US funds.
  We will
serve as consultants and advisors to these companies to obtain loans, find
business partners, and find merger candidates or listing feasibility
studies.
  3
 
 Competition
  At this
time, the Company is unable to locate any other Companies that offer similar
services with the same focus in Asia.  The Company believes that
larger investment firms may find the smaller Asian companies to be uneconomical
for their resource investment. Further, the smaller companies may lack the
knowledge capital to penetrate the barriers because of geographical, political,
linguistic, cultural, or economy-of-scale reasons. However, the major brokerage
and financial service companies, as well as some smaller companies, have
competent advertising and marketing capabilities. Therefore, EastBridge expects
competition to increase in the near future.
  Therefore,
in due time, the expected higher returns on investment in Asia, most likely will
attract new competitors. However, due to the market size of Asian countries,
including China and India, a handful of new competitors may provide potential
benefit for the industry. Competition will improve business results for both the
financial service companies as well as the potential clients of such
firms.
  Government Approval and
Regulation of Industry
  The
Company faces risks posed by any adverse laws and regulations affecting our
business plans that may be enacted by the U.S. and foreign governments. In order
to conduct our business in Asia, we will need to obtain some or all of the
following licenses, approvals and/or concessions from the country we are in:
Business registration, Tax certificate, Right to conduct Business Certificate,
Employment Approval, Residency Approval, Asset Appraisal, Acquisition Approval,
Import/Export License and Foreign Remission Approval. The list is subject to
additions, dependant on a particular business sector we decide to enter into in
the various Asian countries. We are subject to government approvals and
concessions. There are no proclamations that we need to obtain all of the
approvals and licenses above; nor is there a guarantee that we will obtain any
of the approvals and licenses when we are required to do so.
  Recent Developments and
Current Projects
 
 Amonics
 
 On
November 23, 2006, we entered into a listing agreement with Amonics Limited
("Amonics"), a company registered in Hong Kong. Under the agreement, EastBridge
agrees to assist Amonics to become listed as a reporting company in the United
States within eighteen months from the execution date of the contract. The
Company agrees to pay for certain legal, auditing, IR/PR, and advisory costs in
conjunction with the listing process. Amonics issued 15% of its outstanding
common stock to the Company as consideration for its services on the execution
date of the contract. The shares are restricted stock and bound by the auspices
of Rule 144. If we fail to list the client as a reporting company within the
contract term, then the Company agrees to sell all the shares back to the client
for a nominal cost, unless the parties mutually agree to an
extension.
 
 Tianjin
Heavy Steel
 
 On
December 3, 2006, we entered into a listing agreement with Tianjin Hui Hong
Heavy Steel Construction Co., Ltd ("Tianjin"), a company registered in China.
Under the agreement, EastBridge agrees to assist Tianjin to become listed as a
reporting company in the United States within eighteen months from the execution
date of the contract. The Company agrees to pay for certain legal, auditing,
IR/PR, and advisory costs in conjunction with the listing process. Tianjin
issued 15% of its outstanding common stock to the Company as consideration for
its services on the date of execution of the contract. The shares are restricted
stock and bound by the auspices of Rule 144. If we fail to list the client as a
reporting company within the contract term, then the Company agrees to sell all
the shares to the client for a nominal cost, unless the parties mutually agree
to an extension.
  4
  Ning
Guo
 
 On
January 6, 2007, we entered into a listing agreement with Ning Guo Shunchang
Machinery Co., Ltd. ("Ning Guo"), a company registered in China. Under the
agreement, EastBridge agrees to assist Ning Guo to become listed as a reporting
company in the United States. The Company agrees to pay for certain legal,
auditing, IR/PR, and advisory costs in conjunction with the listing process.
 Ning Guo issued 20% of their company’s common stock to the Company as
consideration for its services on the date of execution of the contract. The
shares are restricted stock and bound by the auspices of Rule 144. If EastBridge
fails to list the client as a reporting company within the contract term, then
the Company agrees to sell all the shares to the client for a nominal cost,
unless the parties mutually agree to an extension.
 
 GinKo
 
 On July
24, 2007, we entered into a listing agreement with Hefe GinKo Real Estate
Company, Ltd. (“GinKo”), a company registered in Anhui, China. Under the
agreement, EastBridge agrees to assist GinKo to become listed as a reporting
company in the United States. The Company agrees to pay for certain legal,
auditing, IR/PR, and advisory costs in conjunction with the listing process.
 GinKo issued 18% of their company’s common stock to the Company as
consideration for its services on the date of execution of the contract. The
shares are restricted stock and bound by the auspices of Rule 144. If EastBridge
fails to list the client as a reporting company within the contract term, then
the Company agrees to sell all the shares to the client for a nominal cost,
unless the parties mutually agree to an extension.
 
 AREM
Wines
 
 During
September, 2007, we signed a definitive agreement to acquire 15% of AREM Wines
Pty, Ltd, (“Arem”) an Australian wine company in Melbourne, Australia. Under the
terms of the agreement, EastBridge was to give Arem Pacific Corporation, the
investment company that owns AREM Wines Pty, Ltd., 8,000,000 of our restricted
common shares, plus options to purchase EastBridge common shares, in exchange
for the 15% stake in AREM.  In subsequent events, the Company issued
only 2,000,000 of the restricted shares as part of 8,000,000 shares to be issued
in accordance with the agreement.  The September, 2007 agreement
replaces all other stock exchange agreements between EastBridge and
Arem.  In addition to the restricted stock agreement, EastBridge and
Arem signed a second agreement.  EastBridge will assist Arem to become
listed on a U.S. stock exchange. EastBridge will be paid $700,000 in cash, of
which $400,000 was due at signing and $100,000 will be paid when the proper
application is filed with the SEC and the remaining $200,000 on actual listing
and AREM's stock begins trading. Arem will also issue 5% of its stock to
EastBridge stockholders.
 
 Rino
Two Horns
 
 EastBridge
signed an agreement to acquire a 15% stake in Rhino Two Horns (Malaysia) Sdn.
Bhd., (“Rino”) energy sports drink company.
  5
  Under the
terms of the original agreement, EastBridge will issue 5,000,000 restricted EBIG
common shares in exchange for a 15% stake in Rhino Two Horns depending on the
bilateral valuations of the shares exchanged.  In January, 2008 the
agreement was changed.  Rhino will pay $200,000 to EastBridge in cash
to have EastBridge help them go public in the United
States.  EastBridge will still receive 15% stake in Rhino but
EastBridge will not issue any shares to Rhino.  Rhino will also issue
5% of its shares to EastBridge stockholders. Rhino Two Horns (Malaysia) Sdn.
Bhd., based in Malaysia, markets popular energy sports drinks containing a
unique formulation to re-hydrate and refresh the body and to recover from
intense sporting activities. The company primarily exports its Energy 250 and
Ultra Sports 500 beverages from Malaysia to Australia, New Zealand, and Brunei.
New products featuring the Acai berry, called Energy Acai Boost and Twohorns
REHYDRA8 are being prepared for launch. The company is currently negotiating to
market its products to China and India. More information is available at www.rhinotwohorns.com
Rhino Two Horns' website in Malaysia.  EastBridge modified their
agreement based upon on the accomplishments Rhino Two Horns Sdn. Bhd, Malaysia
has achieved recently with its success in selling to 856 7-Eleven stores in
Malaysia. Rhino has also begun to distribute its drinks in India, Australia and
New Zealand.
 
 Fiber
One Ltd
 
 During
July 2007, EastBridge organized Fiber One, Ltd. a Hong Kong based subsidiary of
EastBridge.  Fiber One is wholly owned by EastBridge.  Fiber
One provides services to the fiber optics industry in China and other Far East
countries.  Fiber One is currently providing calibration service to
Amonics of Hong Kong.  Fiber One is an active subsidiary of EastBridge
and receiving revenue from Amonics.
 
 Nanotec,
Inc.
 
 During
July 2007, we organized Nanotec, Inc., (“Nanotec”) a wholly owned subsidiary of
EastBridge, to provide electronic and chemical products and services to
companies in Asia, especially those in China and Japan.  On July 11,
2007 we distributed 5% of Nanotec to our shareholders of record on that
date.  As of November 8. 2007, Arem Wines merged with Nanotec,
Inc.  Under the terms of the merger, the new stock ownership structure
is as follows:  15% owned by EastBridge, 5% owned by EastBridge
shareholders and 80% owned by Arem Wines’ beneficiaries.
 
 General
Farms Corporation
 
 On
November 27, 2007, we organized General Farms Corporation (“General Farms”) a
wholly owned subsidiary of EastBridge. A stock dividend of 5% of General Farm's
common stock, or 10,000,000 shares, will be distributed to EastBridge's
shareholders of record as of Nov 16, 2007. Under the terms of the share exchange
agreement, the new stock ownership structure is: 15% owned by EastBridge and 5%
owned by EastBridge's shareholders of record as of Nov 16, 2007. As of December
5, 2007, Rhino Two Horns merged with General Farms Corporation.  Under
the terms of the merger, the new stock ownership structure is:  15%
owned by EastBridge, 5% owned by EastBridge shareholders and 80% owned by
Rhino’s beneficiaries.
 
 Energy
Corporation
 
 On
November 27, 2007, we organized Energy Corporation (“Energy”) a wholly owned
subsidiary of EastBridge.  On December 28, 2007, EastBridge announced
that it will distribute a stock dividend of 5% of Energy Corporation’s common
stock of 10 million shares, on a pro-rata basis and with no considerations to
its shareholders of record on that date.  The Company has not
distributed the stock as of December 31, 2007.  Energy Corporation, a
wholly owned subsidiary of EastBridge, focuses on energy equipment manufacturers
and the energy distribution business in Asia. The eligible shareholders will
automatically receive the stock certificates or electronic deposits into their
accounts when the Energy Corporation's stock is listed and begins
trading.  Energy Corporation is presently an inactive
subsidiary.
  6
  China
Properties Corporation
 
 On
November 27, 2007 we organized China Properties Corporation (“China Properties”)
a wholly owned subsidiary of EastBridge.  A stock dividend of 5% of
China Properties’ common stock of 10,000,000 shares, on a pro-rata basis and
without considerations to its shareholders of record on Friday, November 30,
2007. China Properties Corporation, a wholly owned subsidiary of EastBridge,
focuses on real estate development and construction business in Asia. The
eligible shareholders will automatically receive the stock certificates or
electronic deposits into their accounts when the China Properties' stock is
listed and begins trading.  China Properties is presently an inactive
subsidiary.
 
 Beijing
Power Plant Equipment Company
 
 EastBridge
will provide listing services to ZZH, a major coal fired ignition equipment
manufacturer for electricity power plants. ZZH will be listed on the U.S. stock
market as soon as practicable. ZZH sells energy saving ignition equipment to
control coal consumption in power plants and has been granted several critical
patents for its core technology. ZZH currently provides equipment to save fuel
and lower pollution to numerous major Chinese power plants, including the one
providing power to Beijing-Da Tang Electricity Company. Coal is the main source
of electricity generation in China and a major source in the
U.S.  EastBridge will receive restricted stock of ZZH as consideration
for its services.
 
 Wenda
Professional College
 
 EastBridge
will provide listing services to Wenda, a major regional professional college
located just west of Shanghai, China.  It offers professional and
vocational educational programs to train post high school students to improve
their skills for higher paying jobs. Wenda offers programs mainly in the
computer related IT sectors such as network design, hardware technology,
computer graphics, CAD, animation, network database and network
security.  EastBridge will receive restricted stock in Wenda as
consideration for its services.
 
 Huang Wei
Pharmaceutical Company
 
 EastBridge
will provide listing services to Huang Wei, a well know Chinese pharmaceutical
company located approximately two hours from Beijing,
China.  EastBridge intends to list Huang Wei in a United States stock
market within the next 12 to 18 months.  Huang Wei has recently added
over thirty drug approvals from the Chinese FDA.  Its products range
from the special anti-flammitory to blood pressure-lowering
drugs.  EastBridge will receive restricted stock of Huang Wei as
consideration for its services.
 
 Additional
Information
 
 EastBridge
files reports and other materials with the Securities and Exchange
Commission.  These documents may be inspected and copied at the
Commission’s Public Reference Room at 100 F Street, N.E., Washington, D.C.,
20549.  You can obtain information on the operation of the Public
Reference Room by calling the Commission at 1-800-SEC-0330.  You can
also get copies of documents that the Company files with the Commission through
the Commission’s Internet site at www.sec.gov.
 
 Employees
 
 We now
have two full-time employees in the United States and three part time employees
in China. In the near future, we plan to have five full-time employees in
Beijing, China and three full-time employees in Phoenix, Arizona.
  7
 
 ITEM
2.  DESCRIPTION OF PROPERTY.
  Our
executive office is located at 2101 E. Broadway St., #30, Tempe, Arizona 85282.
We lease these facilities, consisting of approximately 300 square feet, for $
536.20 per month. The term of our lease is on a Month-to-Month
basis.
 
 EastBridge
has obtained the approval from the local authority in Beijing, capital of China,
to begin operation as a financial company's representative office to serve its
Chinese clients.  Their new office is housed in the office tower of
Kunlun Hotel and is fully operational in January of 2008 to serve existing and
new clients. The company leases these offices for $4,000 per
month.  The term of the lease is on a Month-to-Month
basis.
  The
aforesaid properties are in good condition and we believe they will be suitable
for our purposes for the next 12 months.  There is no affiliation between
us and any of our principals or agents and our landlords or any of their
principals or agents.
 
 ITEM
3.  LEGAL PROCEEDINGS
 
 The
Company will take whatever legal action necessary to protect its interests and
its clients.  There are no current legal actions against the
company.
  ITEM
4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
 
 The
Company submitted no matters to a vote of its security holders during the fiscal
year ended December 31, 2007 and 2006.
   PART
II
 
 ITEM
5.  MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER
MATTERS.
 
 EastBridge
common stock is traded in the over-the-counter market, and quoted in the
National Association of Securities Dealers Inter-dealer Quotation System
(“Electronic Bulletin Board) and can be accessed on the Internet at www.otcbb.com under
the symbol “EBIG.”
 
 At
December 31, 2007, there were 110,092,080 shares of common stock of EastBridge
outstanding and there were approximately 1600 shareholders of record of the
Company’s common stock.
 
 The
following table sets forth for the periods indicated the high and low bid
quotations for EastBridge’s common stock.  These quotations represent
inter-dealer quotations, without adjustment for retail markup, markdown or
commission and may not represent actual transactions. EastBridge began trading
in July of 2007.
 
 Periods
              
              High
              
              
              LowFiscal
      Year 2007First
      Quarter (January – March 2007)
              
              $
              .0
              
              
              $
              .0Second
      Quarter (April – June 2007)
              
              $
              .0
              
              
              $
              .0Third
      Quarter (July – September 2007)
              
              $
              .25
              
              
              $
              .23Fourth
      Quarter (October – December 2007)
              
              $
              .09
              
              
              $
              .08Fiscal
      Year 2006First
      Quarter (January – March 2006)
              
              $
              .0.
              
              
              $
              .0Second
      Quarter (April – June 2006)
              
              $
              .0
              
              
              $
              .0Third
      Quarter (July – September 2006)
              
              $
              .0
              
              
              $
              .0Fourth
      Quarter (October – December 2006)
              
              $
              .0
              
              
              $
              .0
  8
  EastBridge
has never paid cash dividends on any of its common stock shares. EastBridge does
not anticipate paying cash dividends at any time in the foreseeable future and
any profits will be reinvested in EastBridge’s business.  EastBridge’s
Transfer Agent and Registrar for the common stock is Jersey Transfer Agent
located in New Jersey.
 
 Sale
of Unregistered Securities
  Quarter
      Ended
              
              Stock
      issued for
                Service
      for/DebtMarch
      31, 2006
              
              
              -June
      31, 2006
              
              
              -September
      30, 2006
              
              
              -December
      31, 2006
              
              
              638,523Year
      Ended December 31, 2006
              
              
              638,523March
      31, 2007
              
              
              1,489,887June
      31, 2007
              
              
              111,000September
      30, 2007
              
              
              4,129,157December
      31, 2007
              
              
              5,384,121Year
      Ended December 31, 2007
              
              
              11,114,165
 
 
 The
Company has issued shares of its common stock as consideration to officers for
the fair value of the debt outstanding.  The value of those shares is
determined based on the trading value of the stock at the dates on which the
agreements of debt conversion and the value of services
rendered.   During the year ended December 31, 2006, the Company
granted to officers, 2,128,410 shares of common stock valued in the aggregate at
$638,523 with a strike price of $.30.  The stock issued for debt was
based upon outstanding balances at a rate of 12%
interest.    The value of these shares was expensed during
the year.  The offer and sale of such shares of our common stock were
effected in reliance on the exemptions for sales of securities not involving a
public offering, as set forth in Rule 506 promulgated under the Securities Act
and in Section 4(2) of the Securities Act. A legend was placed on the
certificates representing each such security stating that it was restricted and
could only be transferred if subsequent registered under the Securities Act or
transferred in a transaction exempt from registration under the Securities
Act.
 
 The
Company has issued shares of its common stock as consideration to consultants
and officers for the fair value of the services rendered.  The value
of those shares was determined based on the trading value of the stock at the
dates on which the agreements or at the price of the debt
conversion.  During the year ended December 31, 2007, the Company
granted to consultants and paid out obligations of 7,624,278 shares of
common stock valued in the aggregate at $665,660 with a strike price range of
$.07 to $.09.  The values of the shares were expensed during the year
for services provided or the outstanding debts were converted. The company
issued 2,000,000 for $140,000 common shares to Arem Wine Ltd. Pty in a pro-rate
stock exchange and owns 15% of Arem Wines.  The offer and sale of such
shares of our common stock were effected in reliance on the exemptions for sales
of securities not involving a public offering, as set forth in Rule 506
promulgated under the Securities Act and in Section 4(2) of the Securities Act.
A legend was placed on the certificates representing each such security stating
that it was restricted and could only be transferred if subsequent registered
under the Securities Act or transferred in a transaction exempt from
registration under the Securities Act.
  9
  ITEM
6.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF
OPERATION.
 
 Management’s
discussion and analysis contains statements that are forward-looking and involve
risks and uncertainties.  Several factors could cause actual results
to differ materially from those described in such forward-looking
statements.  This includes the Company’s ability to manage growth,
involvement in litigation, competition in the health electronic transaction
processing, ongoing contractual relationships, dependence upon key personnel,
changes in customer demand for product and services, and the adoption of new, or
changes in, accounting policies, practices and estimates and the application of
such policies, practices, and estimates, and federal and state governmental
regulation, specifically in the areas of electronic transaction processing in
the health care industries.
 
 The
following financial data should be read in conjunction with the consolidated
financial statements of EastBridge and related notes and other financial
information appearing elsewhere in this report.
 
 Recent Developments and
Current Projects
 
 EastBridge
currently has nine (9) clients that it is assisting with the process to register
them with the Security Exchange Commission as a public company in the United
States and help them to begin trading their stock on a United States stock
exchange.  Several of these clients will go public in the United
States and begin trading its stock in 2008.  EastBridge currently has
formed five (5) subsidiaries.  Two of our clients (Arem Wines and
Rhino Sports Drink Company) have already merged with these subsidiaries as noted
below.  We expect Amonics to merge with Fiber One in the near
future.  After the mergers are completed, then EastBridge will begin
the process to take these companies public and to begin trading their stock in a
U.S. stock exchange.  EastBridge may also choose to take some of the
clients public directly without merging them with a subsidiary.  Below
is a summary of our clients and our subsidiaries.  EastBridge’s
financials should also improve significantly in 2008 once EastBridge completes
the SEC registration process of some of its clients.  Once a client is
registered as a public company and its stock begins trading in a U.S. stock
market, then EastBridge will record the value of its stake in that client as
revenue for that quarter and also record the value as an asset on its balance
sheet.  EastBridge typically receives a 10 to 20% stake in a client as
consideration for its listing service.
 
 Amonics
 
 On
November 23, 2006, we entered into a listing agreement with Amonics Limited
("Amonics"), a company registered in Hong Kong. Under the agreement, EastBridge
agrees to assist Amonics to become listed as a reporting company in the United
States within eighteen months from the execution date of the contract. The
Company agrees to pay for certain legal, auditing, IR/PR, and advisory costs in
conjunction with the listing process. Amonics issued 15% of its outstanding
common stock to the Company as consideration for its services on the execution
date of the contract. The shares are restricted stock and bound by the auspices
of Rule 144. If we fail to list the client as a reporting company within the
contract term, then the Company agrees to sell all the shares back to the client
for a nominal cost, unless the parties mutually agree to an
extension.
  10
  Tianjin
Heavy Steel
 
 On
December 3, 2006, we entered into a listing agreement with Tianjin Hui Hong
Heavy Steel Construction Co., Ltd ("Tianjin"), a company registered in China.
Under the agreement, EastBridge agrees to assist Tianjin to become listed as a
reporting company in the United States within eighteen months from the execution
date of the contract. The Company agrees to pay for certain legal, auditing,
IR/PR, and advisory costs in conjunction with the listing process. Tianjin
issued 15% of its outstanding common stock to the Company as consideration for
its services on the date of execution of the contract. The shares are restricted
stock and bound by the auspices of Rule 144. If we fail to list the client as a
reporting company within the contract term, then the Company agrees to sell all
the shares to the client for a nominal cost, unless the parties mutually agree
to an extension.
 
 Ning
Guo
 
 On
January 6, 2007, we entered into a listing agreement with Ning Guo Shunchang
Machinery Co., Ltd. ("Ning Guo"), a company registered in China. Under the
agreement, EastBridge agrees to assist Ning Guo to become listed as a reporting
company in the United States. The Company agrees to pay for certain legal,
auditing, IR/PR, and advisory costs in conjunction with the listing process.
 Ning Guo issued 20% of their company’s common stock to the Company as
consideration for its services on the date of execution of the contract. The
shares are restricted stock and bound by the auspices of Rule 144. If EastBridge
fails to list the client as a reporting company within the contract term, then
the Company agrees to sell all the shares to the client for a nominal cost,
unless the parties mutually agree to an extension.
 
 GinKo
 
 On July
24, 2007, we entered into a listing agreement with Hefe GinKo Real Estate
Company, Ltd. (“GinKo”), a company registered in Anhui, China. Under the
agreement, EastBridge agrees to assist GinKo to become listed as a reporting
company in the United States. The Company agrees to pay for certain legal,
auditing, IR/PR, and advisory costs in conjunction with the listing process.
 GinKo issued 18% of their company’s common stock to the Company as
consideration for its services on the date of execution of the contract. The
shares are restricted stock and bound by the auspices of Rule 144. If EastBridge
fails to list the client as a reporting company within the contract term, then
the Company agrees to sell all the shares to the client for a nominal cost,
unless the parties mutually agree to an extension.
 
 AREM
Wines
 
 During
September, 2007, we signed a definitive agreement to acquire 15% of AREM Wines
Pty, Ltd, (“Arem”) an Australian wine company in Melbourne, Australia. Under the
terms of the agreement, EastBridge gave Arem Pacific Corporation, the investment
company that owns AREM Wines Pty, Ltd., 8,000,000 of our restricted common
shares, plus options to purchase EastBridge common shares, in exchange for the
15% stake in AREM.  In subsequent events, the Company issued only
2,000,000 of the restricted shares as part of 8,000,000 shares to be issued in
accordance with the agreement.  The September, 2007 agreement replaces
all other stock exchange agreements between EastBridge and Arem.  In
addition to the restricted stock agreement, EastBridge and Arem signed a second
agreement.  EastBridge will assist Arem to become listed on a U.S.
stock exchange. EastBridge will be paid $700,000 in cash, of which $400,000 was
due at signing and $100,000 will be paid when the proper application is filed
with the SEC and the remaining $200,000 on actual listing and AREM's stock
begins trading. Arem will also issue 5% of its stock to EastBridge
stockholders.
  11
  Rino
Two Horns
 
 EastBridge
signed an agreement to acquire a 15% stake in Rhino Two Horns (Malaysia) Sdn.
Bhd., (“Rino”) an energy sports drink company.
 
 Under the
terms of the original agreement, EastBridge will issue 5,000,000 restricted EBIG
common shares in exchange for a 15% stake in Rhino Two Horns depending on the
bilateral valuations of the shares exchanged.  In January, 2008 the
agreement was changed.  Rhino will pay $200,000 to EastBridge in cash
to have EastBridge help them go public in the United
States.  EastBridge will still receive 15% stake in Rhino but
EastBridge will not issue any shares to Rhino.  Rhino will also issue
5% of its shares to EastBridge stockholders. Rhino Two Horns (Malaysia) Sdn.
Bhd., based in Malaysia, markets popular energy sports drinks containing a
unique formulation to re-hydrate and refresh the body and to recover from
intense sporting activities. The company primarily exports its Energy 250 and
Ultra Sports 500 beverages from Malaysia to Australia, New Zealand, and Brunei.
New products featuring the Acai berry, called Energy Acai Boost and Twohorns
REHYDRA8 are being prepared for launch. The company is currently negotiating to
market its products to China and India. More information is available at www.rhinotwohorns.com
Rhino Two Horns' website in Malaysia.  EastBridge modified their
agreement based upon on the accomplishments Rhino Two Horns Sdn. Bhd, Malaysia
has achieved recently with its success in selling to 856 7-Eleven stores in
Malaysia. Rhino has also begun to distribute its drinks in India, Australia and
New Zealand.
 
 Fiber
One Ltd
 
 During
July 2007, EastBridge organized Fiber One, Ltd. a Hong Kong based subsidiary of
EastBridge.  Fiber One is wholly owned by EastBridge.  Fiber
One provides services to the fiber optics industry in China and other Far East
countries.  Fiber One is currently providing calibration service to
Amonics of Hong Kong.  Fiber One is an active subsidiary of EastBridge
and receiving revenue from Amonics.
 
 Nanotec,
Inc.
 
 During
July 2007, we organized Nanotec, Inc., (“Nanotec”) a wholly owned subsidiary of
EastBridge, to provide electronic and chemical products and services to
companies in Asia, especially those in China and Japan.  On July 11,
2007 we distributed 5% of Nanotec to our shareholders of record on that
date.  As of November 8, 2007, Arem Wines merged with Nanotec,
Inc.  Under the terms of the merger, the new stock ownership structure
is as follows:  15% owned by EastBridge, 5% owned by EastBridge
shareholders and 80% owned by Arem Wines’ beneficiaries.
 
 General
Farms Corporation
 
 On
November 27, 2007, we organized General Farms Corporation (“General Farms”) a
wholly owned subsidiary of EastBridge. A stock dividend of 5% of General Farm's
common stock, or 10,000,000 shares, will be distributed to EastBridge's
shareholders of record as of Nov 16, 2007. Under the terms of the share exchange
agreement, the new stock ownership structure is: 15% owned by EastBridge and 5%
owned by EastBridge's shareholders of record as of Nov 16, 2007. As of December
5, 2007, Rhino Two Horns merged with General Farms Corporation.  Under
the terms of the merger, the new stock ownership structure is:  15%
owned by EastBridge, 5% owned by EastBridge shareholders and 80% owned by
Rhino’s beneficiaries.
  12
  Energy
Corporation
 
 On
November 27, 2007, we organized Energy Corporation (“Energy”) a wholly owned
subsidiary of EastBridge.  A stock dividend of 5% of Energy
Corporation’s common stock of 10 million shares, on a pro-rata basis and with no
considerations will be distributed to EastBridge’s shareholders of record on
December 28, 2007.  The Company has not distributed the stock dividend
as of December 31, 2007.  Energy Corporation, a wholly owned
subsidiary of EastBridge, focuses on energy equipment manufacturers and the
energy distribution business in Asia. The eligible shareholders will
automatically receive the stock certificates or electronic deposits into their
accounts when the Energy Corporation's stock is listed and begins
trading.  Energy Corporation is presently an inactive
subsidiary.
 
 China
Properties Corporation
 
 On
November 27, 2007 we organized China Properties Corporation (“China Properties”)
a wholly owned subsidiary of EastBridge.  A stock dividend of 5% of
China Properties’ common stock of 10,000,000 shares, on a pro-rata basis and
without considerations to its shareholders of record on Friday, November 30,
2007. China Properties Corporation, a wholly owned subsidiary of EastBridge,
focuses on real estate development and construction business in Asia. The
eligible shareholders will automatically receive the stock certificates or
electronic deposits into their accounts when the China Properties' stock is
listed and begins trading.  China Properties is presently an inactive
subsidiary.
 
 Beijing
Power Plant Equipment Company
 
 EastBridge
will provide listing services to ZZH, a major coal fired ignition equipment
manufacturer for electricity power plants. ZZH will be listed on the U.S. stock
market as soon as practicable. ZZH sells energy saving ignition equipment to
control coal consumption in power plants and has been granted several critical
patents for its core technology. ZZH currently provides equipment to save fuel
and lower pollution to numerous major Chinese power plants, including the one
providing power to Beijing-Da Tang Electricity Company. Coal is the main source
of electricity generation in China and a major source in the
U.S.  EastBridge will receive restricted stock of ZZH as consideration
for its services.
 
 Wenda
Professional College
 
 EastBridge
will provide listing services to Wenda, a major regional professional college
located just west of Shanghai, China.  It offers professional and
vocational educational programs to train post high school students to improve
their skills for higher paying jobs. Wenda offers programs mainly in the
computer related IT sectors such as network design, hardware technology,
computer graphics, CAD, animation, network database and network
security.  EastBridge will receive restricted stock in Wenda as
consideration for its services.
 
 Huang
Wei Pharmaceutical Company
 
 EastBridge
will provide listing services to Huang Wei, a well know Chinese pharmaceutical
company located approximately two hours from Beijing,
China.  EastBridge intends to list Huang Wei in a United States stock
market within the next 12 to 18 months.  Huang Wei has recently added
over thirty drug approvals from the Chinese FDA.  Its products range
from the special anti-flammatory to blood pressure-lowering
drugs.  EastBridge will receive restricted stock of Huang Wei as
consideration for its services.
 
 Critical
Accounting Policies
 
 Stock
Based Compensation
 
 In
December 2004, the FASB issued a revision of SFAS No. 123 ("SFAS No. 123(R)")
that requires compensation costs related to share-based payment transactions to
be recognized in the statement of operations. With limited exceptions, the
amount of compensation cost will be measured based on the grant-date fair value
of the equity or liability instruments issued. In addition, liability awards
will be re-measured each reporting period. Compensation cost will be recognized
over the period that an employee provides service in exchange for the award.
SFAS No. 123(R) replaces SFAS No. 123 and is effective as of the beginning of
January 1, 2006. Based on the number of shares and awards outstanding as of
December 31, 2005 (and without giving effect to any awards which may be granted
in 2006), we do not expect our adoption of SFAS No. 123(R) in January 2006 to
have a material impact on the financial statements.
  13
  FSP FAS
123(R)-5 was issued on October 10, 2006. The FSP provides that instruments that
were originally issued as employee compensation and then modified, and that
modification is made to the terms of the instrument solely to reflect an equity
restructuring that occurs when the holders are no longer employees, then no
change in the recognition or the measurement (due to a change in classification)
of those instruments will result if both of the following conditions are met:
(a). There is no increase in fair value of the award (or the ratio of intrinsic
value to the exercise price of the award is preserved, that is, the holder is
made whole), or the antidilution provision is not added to the terms of the
award in contemplation of an equity restructuring; and (b). All holders of the
same class of equity instruments (for example, stock options) are treated in the
same manner. The provisions in this FSP shall be applied in the first reporting
period beginning after the date the FSP is posted to the FASB website. The
Company has adopted SP FAS 123(R)-5 but it did not have a material impact on its
consolidated results of operations and financial condition.
  Accounting
Policies and Estimates
 
 The
preparation of our financial statements in conformity with accounting principles
generally accepted in the United States of America requires our management to
make certain estimates and assumptions that affect the reported amounts of
assets and liabilities and disclosure of contingent assets and liabilities at
the date of the financial statements and the reported amounts of revenues and
expenses during the reporting period.  Our management
periodically evaluates the estimates and judgments made. Management bases its
estimates and judgments on historical experience and on various factors that are
believed to be reasonable under the circumstances. Actual results may differ
from these estimates as a result of different assumptions or conditions. As such,
in accordance with the use of accounting principles generally accepted in the
United States of America, our actual realized results may differ from
management’s initial estimates as reported.  A summary of significant
accounting policies are detailed in notes to the financial statements which are
an integral component of this filing.
 
 Revenues
 
 The
Company has adopted the Securities and Exchange Commission’s Staff Accounting
Bulletin SAB No. 104, which provides guidance on the recognition, presentation
and disclosure of revenue in financial statements.
 
 Segment
Reporting
 
 Statement
of Financial Accounting Standards No. 131 ("SFAS 131"), "Disclosure About
Segments of an Enterprise and Related Information" requires use of the
"management approach" model for segment reporting. The management approach model
is based on the way a company's management organizes segments within the company
for making operating decisions and assessing performance. Reportable segments
are based on products and services, geography, legal structure, management
structure, or any other manner in which management disaggregates a company. SFAS
No. 131 has no effect on the Company's financial statements as substantially all
of the Company's operations are conducted in one industry
segment.
  14
  Statement
      of Operations DataYears
      Ended December 31
              
              
              Years
      Ended December 312007
              
              
              2006Revenues
              
              $
              441,937
              
              
              $
              -Operating
      and Other Expenses
              
              
              981,697
              
              
              
              -Net
      Loss
              
              $
              (539,760
              )
              
              $
              -Balance
      Sheet Data:
 
  Years
      Ended December 31
              
              
              Years
      Ended December 312007
              
              
              2006Current
      Assets
              
              $
              354,543
              
              
              $
              47,367Total
      Assets
              
              
              503,343
              
              
              
              47,367Current
      Liabilities
              
              
              575,625
              
              
              
              387,040Non
      Current Liabilities
              
              
              1,491
              
              
              
              -Total
      Liabilities
              
              
              577,116
              
              
              
              387,040Working
      Capital (Deficit)
              
              
              (221,082
              )
              
              
              (339,673
              )Shareholders'Equity
      (Deficit)
              
              $
              (73,773
              )
              
              $
              (339,673
              )
 
 
 The
Company has declared no common stock cash dividends since its
inception.
 
 RESULTS
OF OPERATIONS
 
 Fiscal Year End December 31, 2007,
Compared to Fiscal Year End December 31, 2006
 
 Revenues for Fiscal 2007 increased to
$441,937 from $0 during Fiscal 2006 as 100% increase.  This increase
in revenue is directly the result of implementing the Company's strategic
direction in core operations.  This included discontinuing declining
or unprofitable and business sectors and implementing the Company’s business
plan.
 
 Selling
expenses for the fiscal 2007 increased to $288,936 as compared to fiscal 2006 of
$0 a 100% increase.  This increase is primarily the result of
marketing efforts and includes traveling and various meetings in China, India
and other Far East countries to implement the Company’s business
plan.
 
 General
and administrative expenses for the fiscal 2007 increased to $710,172 as
compared to fiscal 2006 of $0 a 100% increase.    This
increase is attributed to the Company's increase use of SEC attorneys, SEC
auditors, Investment Relations contractors and Public Relations contractors and
increase due to expenses of public company requirements.
 
 The loss
for fiscal 2007 increased to ($539,760) as compared to fiscal 2006 of
($376.414).  The increase is due to the implementation of the
Company’s business plan and expense related to that plan.
  15
  No tax
benefit was recorded on the expected operating loss for fiscal 2007 and 2006 as
required by Statement of Financial Accounting Standards No. 109, Accounting for
Income Taxes.  For the quarter ended we do not expect to realize a
deferred tax asset and it is uncertain, therefore we have provided a 100%
valuation of the tax benefit and assets until we are certain to experience net
profits in the future to fully realize the tax benefit and tax
assets.
 
 
 LIQUIDITY
AND CAPITAL RESOURCES
 
 The
Company’s operating requirements have been funded primarily from some of our
clients that have paid us in cash for the Company to provide financing and
consulting services.  The Company believes that the cash flows from
its financing services are inadequate to repay the capital obligations and has
relied upon loans from its officers to sustain its operations.
 
 Cash
(used) provided by operating activities for the fiscal year 2007 was ($16,595)
compared to $43,736 for fiscal year 2006.  The Company’s focus on core
operations results in an increase in implementing its clients financing and
consulting services.  The company has grown its operations to begin to
reduce the deficit cash flow positions.  However the company is still
operating in a deficit.  The company issued common stock valued at for
fiscal 2007 of $665,660 for debt and services rendered.  The company
issued 2,000,000 of common stock to Arem Wines in exchange for 15% of the
company for $140,000.
 
 Cash
(used) by financing activities was ($30,218) for fiscal 2007 as compared to $0
for fiscal 2006.  Financing activities primarily consisted of proceeds
from affiliates and loans and repayment of debt.
 
 The
Company has used funds advanced from its officers.  As of fiscal 2007
the Company maintained a note payable from its officer of $25,000 and a note
receivable of $8,800 as compared to fiscal 2006 of $0 there is not accrued
interest on these notes.
 
 Other
Considerations
 
 There are
numerous factors that affect the business and the results of its
operations.  Sources of these factors include general economic and
business conditions, federal and state regulation of business activities, the
level of demand for product services, the level and intensity of competition in
the financing industry, and the ability to develop new services based on new or
evolving technology and the market's acceptance of those new services, the
Company’s ability to timely and effectively manage periodic product transitions,
the services, customer and geographic sales mix of any particular period, and
our ability to continue to improve our infrastructure including personnel and
systems to keep pace with the Company’s anticipated rapid
growth.
  16
  ITEM
7.  FINANCIAL STATEMENTS
 
 EASTBRIDGE
INVESTMENT GROUP CORPORATION
 
 TABLE OF
      CONTENTS
              PageINDEPENDENT
      REGISTERED PUBLIC ACCOUNTING FIRM:
              F-2Jewett
      Schwartz Wolfe & AssociatesCONSOLIDATED
      FINANCIAL STATEMENTS:Consolidated
      Balance Sheet at December 31, 2007 and 2006
              F-3Consolidated
      Statements of Operations for the years ended December 31, 2007 and
      2006
              F-4Consolidated
      Statements of Stockholders’ Equity for the years ended December 31, 2007
      and 2006
              F-5Consolidated
      Statements of Cash Flows for the years ended December 31, 2007 and
      2006
              F-6NOTES
      TO CONSOLIDATED FINANCIAL STATEMENTS
              F-7
  17
  
 REPORT OF
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
 
  To the
Board of Directors and Stockholders of
 EASTBRIDGE
INVESTMENT GROUP CORPORATION
 
 We have
audited the accompanying consolidated balance sheet of EastBridge Investment
Group Corporation and Subsidiaries as of December 31, 2007, and the related
consolidated statements of operations, changes in stockholders' deficiency and
cash flows for the year then ended. These consolidated financial statements are
the responsibility of the Company's management. Our responsibility is to express
an opinion on these financial statements based on our audits.
 
 We
conducted our audit in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the
consolidated financial statements are free of material misstatement. An audit
includes examining, on a test basis, evidence supporting the amounts and
disclosures in the consolidated financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our audits provided a reasonable basis for our
opinion.
 
 In our
opinion, the consolidated financial statements referred to above present fairly,
in all material respects, the financial position of EastBridge Investment Group
Corporation and Subsidiaries, as of December 31, 2007, and the results of their
operations and their cash flows for the period then ended in conformity with
accounting principles generally accepted in the United States of
America.
 
 These
consolidated financial statements have been prepared assuming that the Company
will continue as a going concern. As discussed in Note 2 to the consolidated
financial statements, the Company has operating and liquidity concerns, has
incurred an accumulated deficit of approximately $3,451,898 through the period
ended December 31, 2007, and current liabilities exceeded current assets by
approximately $221,082 at December 31, 2007. These conditions raise substantial
doubt about the Company's ability to continue as a going concern. Management's
plans as to these matters are also described in Note 2. The consolidated
financial statements do not include any adjustments to reflect the possible
future effects on the recoverability and classification of assets or the amounts
and classification of liabilities that may result from the outcome of these
uncertainties.
 
 JEWETT,
SCHWARTZ, WOLFE & ASSOCIATES
 Hollywood,
Florida
 February
28, 2008
 
 2514
HOLLYWOOD BOULEVARD, SUITE 508 ● HOLLYWOOD, FLORIDA 33020 ● TELEPHONE (954)
922-5885 ● FAX (954) 922-5957
 MEMBER -
AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS ● FLORIDA INSTITUTE OF
CERTIFIED PUBLIC ACCOUNTANTS
 PRIVATE
COMPANIES PRACTICE SECTION OF THE AICPA ● REGISTERED WITH THE PUBLIC COMPANY
ACCOUNTING OVERSIGHT BOARD OF THE SEC
  F-2
  EASTBRIDGE
      INVESTMENT GROUP CORPORATIONCONSOLIDATED
      BALANCES SHEETFOR
      THE YEAR ENDED DECEMBER 31, 2007ASSETS:2007CURRENT
      ASSETSCash
              
              $
              59,162Accounts
      receivables - net
              
              
              295,381Prepaid
      expenses and other current assets
              
              
              -Total
      current assets
              
              
              354,543Note
      receivable affiliates
              
              
              8,800Investment
      in subsidiary
              
              
              140,000TOTAL
      ASSETS
              
              $
              503,343LIABILITIES
      AND STOCKHOLDERS' DEFICIENCY:CURRENT
      LIABILITIES:Accounts
      payable
              
              $
              324,298Accrued
      expenses and other liabilities
              
              
              221,108Notes
      from afiliates
              
              
              30,219Total
      current liabilities
              
              
              575,625TOTAL
      LIABILITIES
              
              
              575,625Minority
      interest
              
              
              1,491COMMITMENTS
      AND CONTINGENCIESSTOCKHOLDERS'
      DEFICIENCY:Common
      stock, no par value, 300,000,000 shares authorized,110,092,080 issued and
      outstanding as of December 31, 2007
              
              
              3,378,125Accumulated
      deficit
              
              
              (3,451,898
              )TOTAL
      STOCKHOLDERS' DEFICIENCY
              
              
              (73,773
              )TOTAL
      LIABILITIES AND STOCKHOLDERS' DEFICIENCY
              
              $
              503,343
 
 
 The
accompanying notes are an integral part of these consolidated financial
statements.
  F-3
 
 EASTBRIDGE
      INVESTMENT GROUP CORPORATIONCONSOLIDATED
      STATEMENTS OF OPERATIONSFOR
      THE YEARS ENDED DECEMBER 31, 2007 AND 20062007
              
              
              2006REVENUES:Revenue
              
              
              441,937
              
              
              
              -441,937
              
              
              
              -OPERATING
      EXPENSES:General
      and administrative expenses
              
              
              710,172
              
              
              
              -Sales
      and marketing expenses
              
              
              288,936
              
              
              
              -Total
      operating expenses
              
              
              999,108
              
              
              
              -OPERATING
      LOSS
              
              
              (557,171
              )
              
              
              -OTHER
      (INCOME) AND EXPENSESInterest
      expense
              
              
              1,520
              
              
              
              -Interest
      Income
              
              
              (760
              )
              
              
              (56
              )Gain
      on extinguishment of debt
              
              
              (25,771
              )
              
              
              (19,300
              )Total
      other (income) expense
              
              
              (25,011
              )
              
              
              (19,356
              )INCOME
      (LOSS) BEFORE TAXES, MINORITY INTEREST, DISCONTINUED
      OPERATIONS
              
              
              (532,160
              )
              
              
              19,356Minority
      interest
              
              
              1,491
              
              
              
              -Income
      tax provision
              
              
              6,109Loss
      from discontinued operatons
              
              
              -
              
              
              
              395,770NET
      LOSS
              
              $
              (539,760
              )
              
              $
              (376,414
              )NET
      LOSS PER SHARE:Basic
      and diluted:
              
              $
              (0.00
              )
              
              $
              (0.00
              )WEIGHTED
      AVERAGE COMMON SHARES OUTSTANDING:Basic
      and diluted:
              
              
              109,283,907
              
              
              
              98,339,392
 
 
 The
accompanying notes are an integral part of these consolidated financial
statements.
  F-4
 
 EASTBRIDGE INVESTMENT GROUP
    CORPORATIONCONSOLIDATED
      STATEMENT OF CHANGES IN STOCKHOLDERS’ DEFICIENCYFOR
      THE YEARS ENDED DECEMBER 31, 2007 AND 2006Common
      Stock
              
              
              Subscribed
              
              
              AccumulatedShares
              
              
              Amount
              
              
              Stock
              
              
              Deficit
              
              
              TotalDECEMBER
      31, 2005
              
              
              98,339,392
              
              
              $
              1,933,942
              
              
              $
              -
              
              
              $
              (2,535,724
              )
              
              $
              (601,782
              )Common
      stock for services
              
              
              -
              
              
              
              -
              
              
              
              638,523
              
              
              
              -
              
              
              
              638,523Net
      loss
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (376,414
              )
              
              
              (376,414
              )DECEMBER
      31, 2006
              
              
              98,339,392
              
              
              $
              1,933,942
              
              
              $
              638,523
              
              
              $
              (2,912,138
              )
              
              $
              (339,673
              )Common
      stock issued for services
              
              
              2,128,410
              
              
              
              638,523
              
              
              
              (638,523
              )
              
              
              -
              
              
              
              -Common
      stock issued for services
              
              
              111,000
              
              
              
              11,247
              
              
              
              -
              
              
              
              -
              
              
              
              11,247Common
      stock issued for services
              
              
              4,129,157
              
              
              
              395,942
              
              
              
              -
              
              
              
              -
              
              
              
              395,942Common
      stock issued for services
              
              
              3,384,121
              
              
              
              258,471
              
              
              
              -
              
              
              
              -
              
              
              
              258,471Common
      stock issued for acquistion
              
              
              2,000,000
              
              
              
              140,000
              
              
              
              -
              
              
              
              -
              
              
              
              140,000Net
      loss
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (539,760
              )
              
              
              (539,760
              )DECEMBER
      31, 2007
              
              
              110,092,080
              
              
              $
              3,378,125
              
              
              $
              -
              
              
              $
              (3,451,898
              )
              
              $
              (73,773
              )
 
 
 The
accompanying notes are an integral part of these consolidated financial
statements.
  F-5
 
 EASTBRIDGE
      INVESTMENT GROUP CORPORATIONCONSOLIDATED
      STATEMENTS OF CASH FLOWSFOR
      THE YEARS ENDED DECEMBER 31, 2007 AND 20062007
              
              
              2006CASH
      FLOWS FROM OPERATING ACTIVITIES:Net
      loss
              
              $
              (539,760
              )
              
              $
              (376,414
              )Adjustments
      to reconcile net loss to net cash used in operating
      activities:Issuance
      of stock as consideration for services
              
              
              665,660
              
              
              
              638,523Gain
      on extinguishment of debt
              
              
              -
              
              
              
              (19,300
              )Minority
      interest
              
              
              1,491
              
              
              
              -Changes
      in operating assets and liablities:Accounts
      receivables
              
              
              (295,381
              )
              
              
              -Prepaid
      and other current assets
              
              
              (6,972
              )
              
              
              -Accounts
      payable
              
              
              25,757
              
              
              
              (247,823
              )Accrued
      expenses and other liabilities
              
              
              132,610
              
              
              
              48,750Net
      cash provided by (used) in operating activities
              
              
              (16,595
              )
              
              
              43,736CASH
      FLOWS FROM FINANCING ACTIVITIES:Note
      payable affiliates
              
              
              30,218
              
              
              
              -Net
      cash provided by financing activities
              
              
              30,218
              
              
              
              -INCREASE
      IN CASH
              
              
              13,623
              
              
              
              43,736CASH,
      BEGINNING OF YEAR
              
              
              45,539
              
              
              
              1,803CASH,
      END OF YEAR
              
              $
              59,162
              
              
              $
              45,539SUPPLEMENTAL
      CASH FLOW INFORMATION:2007
              
              
              2006Interest
      paid
              
              $
              458
              
              
              $
              -Taxes
      paid
              
              $
              -
              
              
              $
              -Investment
      in subsidiary
              
              $
              (140,000
              )
              
              $
              -
 
 
 The
accompanying notes are an integral part of these consolidated financial
statements.
  F-6
  EASTBRIDGE
INVESTMENT GROUP CORPORATION
 NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS
 FOR
THE YEAR ENDED DECEMBER 31, 2007 and 2006
 
 
 NOTE 1 –
DESCRIPTION OF BUSINESS
 
 EastBridge
Investment Group Corporation (formally ATC Technology Corporation)
(“EastBridge”, “we”, “us”, “our” or the “Company”) was incorporated in the state
of Arizona on June 25, 2001.  The Company’s principle activity up through
June 30, 2005 was to manufacture mobile entertainment products that provide a
means to play video game consoles made by Sony, Microsoft and Nintendo, in the
car, RV, SUV, van or boat with attachable viewing monitors.
 
 On August
23, 2002, EastBridge entered into an agreement with Providential Holding, Inc.
(“Providential”) to sell all the issued and outstanding shares of EastBridge.
 For consideration,  Providential agreed to deliver (i) $250,000 in
non-interest bearing promissory notes, payable 270 days after closing, (ii)
$250,000 in non-interest bearing promissory notes, payable 180 days after
closing, (iii) 3,000,000 shares of restricted stock of EastBridge with an option
of additional shares to be issued after 270 days if the stock price did not
reach $0.30 and (iv) 1,000,000 shares of restricted stock of Providential with
an option of additional shares to be issued after one year if the stock price
did not reach $0.30. The transaction between the original stockholders and
Providential was consummated as of October 17, 2003.  On June 30, 2005 the
Company and Providential, agreed to a financial and ownership restructuring and
executed a formal agreement to return the majority ownership of EastBridge to
its original stockholders in exchange for a forgiveness of notes and obligations
owed to the Company and its original stockholders. The total amount of the debt
forgiven was $1,932,617 and was recorded as paid-in capital in the 2005
financial statement. As a result of the re-structuring, Providential has become
a minority stockholder and the original stockholders of the Company have become
the majority stockholders as a group.
 
 In 2005,
EastBridge revised its business model to provide financial services to companies
located in Asian countries.  EastBridge is one of very few United
States companies solely concentrated in marketing financial services to the
small to mid-size Asian companies that require capital to expand in their local
markets of Asia. In the business sectors that EastBridge sees a unique
opportunity, EastBridge will form its own foreign subsidiaries with local
partners to capture the opportunity.
 
 In
January, 2007, we formed Fiber One Limited (“Fiber One”) in Hong Kong as a
wholly owned subsidiary of EastBridge to provide calibration and maintenance
services to fiber optic companies in Asia, mainly in China and
Japan.  On June 11, 2007, we distributed 5.0% of the shares
outstanding of Fiber One to our shareholders of record on June 11, 2007.
EastBridge continues to own the remaining 95% of Fiber One. Accordingly, the
results of Fiber One have been consolidated with those of EastBridge’s from the
date of formation of Fiber One.
 
 EastBridge
has formed other subsidiaries and owns 15% to 20% of the outstanding
shares.  These subsidiaries which are discussed further in the MD
& A are as follows:  Amonics Limited, Tianjin Hui Hong Heavy Steel
Construction Co., Ltd.,Ning Guo Shunchang
Machinery Co., Ltd., Hefei GinKo Real Estate Company, Ltd., Rhino Two Horns
(Malaysia) Sdn. Bhd, Huang Wei Pharmaceutical Company, Beijing Power Plant
Equipment Company, WendaProfessional
Collegeand AREM
Wines Pty, Ltd.  These minority owned clients are recorded on cost
method of accounting.
 
 EastBridge
also owns 95% of the shares outstanding of General Farms Corporation, Energy
Corporation, and China Properties Corporation.  However these
subsidiaries are presently inactive.  Nanotec, Inc., formerly a wholly
owned subsidiary of EastBridge, was acquired by Arem Wines in November of
2007.
  F-7
  NOTE 2 -
GOING CONCERN
 
 The
accompanying financial statements have been prepared in conformity with
accounting principles generally accepted in the United States of America which
contemplate continuation of the Company as a going concern.  However,
the Company has year end losses from operations and had minimal revenues from
operations in 2007 and 2006.  During the year ended December 31, 2007,
the Company has incurred net losses of $539,760.  Further, the Company
has inadequate working capital to maintain or develop its operations, and is
dependent upon funds from private investors and the support of certain
stockholders.
 
 These
factors raise substantial doubt about the ability of the Company to continue as
a going concern.  The financial statements do not include any
adjustments that might result from the outcome of these
uncertainties.  In this regard, Management is planning to raise any
necessary additional funds through loans and additional sales of its common
stock. There is no assurance that the Company will be successful in raising
additional capital.
 
 
 NOTE 3 –
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
 
 The
Company prepares its financial statements in accordance with accounting
principles generally accepted in the United States of
America.  Significant accounting policies are as follows:
 
 Principles of
Consolidation
 
 The
accompanying financial statements represent the consolidated financial position
and results of operations of the Company and include the accounts and results of
operations of the Company and its wholly owned subsidiaries.  The
accompanying financial statements include the active entity of EastBridge
Investment Group Corporation and its subsidiary Fiber One, Inc.
 
 Use of
Estimates
 
 The
preparation of financial statements in conformity with accounting principles
generally accepted in the United States of America requires management to make
estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of
the financial statements.  These estimates and assumptions also affect
the reported amounts of revenues, costs and expenses during the reporting
period.  Management evaluates these estimates and assumptions on a
regular basis.  Actual results could differ from those
estimates.
 
 The
primary management estimates included in these financial statements are the
allowance for doubtful accounts for account receivables, and the fair value of
its stock tendered in various non-monetary transactions.
 
 Reclassification
 
 Certain
prior period amounts have been reclassified to conform to current year
presentations.
  F-8
  Cash and Cash
Equivalents
 
 The
Company considers all highly liquid investments with an original maturity of
three months or less to be cash equivalents.  At December 31, 2007,
cash and cash equivalents include cash on hand and cash in the
bank.
 
 Property and
Equipment
 
 Property
and equipment is recorded at cost and depreciated over the estimated useful
lives of the assets using principally the straight-line method. When items are
retired or otherwise disposed of, income is charged or credited for the
difference between net book value and proceeds realized.  Ordinary
maintenance and repairs are charged to expense as incurred, and replacements and
betterments are capitalized.  The range of estimated useful lives used
to calculated depreciation for principal items of property and equipment are as
follow:
 
 
 Asset
      Category
              
              Depreciation/
                Amortization
                PeriodComputer
      Equipment
              
              3
      YearsTerminal
      Software
              
              3
      YearsNetwork
      Platform
              
              3
      YearsOffice
      equipment
              
              5
      Years
   Research and
Development
 
 Costs
research and development are expensed as incurred.  There was no
Research and Development expense for the year ended December 31,
2007.
 
 Income
Taxes
 
 Deferred
income taxes are provided based on the provisions of Statement of Financial
Accounting Standards No. 109, "Accounting for Income Taxes"
("SFAS No. 109"), to reflect the tax effect of differences in the recognition of
revenues and expenses between financial reporting and income tax purposes based
on the enacted tax laws in effect at December 31, 2007.
 
 Net Loss Per Share
 
 Basic
earnings per share is computed in accordance with SFAS No. 128, “Earnings Per Share”, by
dividing net income (loss) available to common shareholders by the weighted
average number of common shares outstanding during the reporting period. Diluted
earnings per share reflects the potential dilution that could occur if stock
options and other commitments to issue common stock were exercised or equity
awards vest resulting in the issuance of common stock that could share in the
earnings of the Company.  As of December 31, 2007, there were no
potential dilutive instruments that could result in share dilution.
 
 Fair Value of Financial
Instruments
  The fair
value of a financial instrument is the amount at which the instrument could be
exchanged in a current transaction between willing parties other than in a
forced sale or liquidation.
 
 Certain
methods and assumptions were used to estimate the fair value of each class of
the following financial instruments for which it is practicable to estimate that
value:
  F-9
  Cash and
cash equivalents, licensing receivable, prepaid expenses, other assets, and
accounts payable, income tax payable, and other current liabilities carrying
amounts approximate fair value due to their most maturities.
 
 Goodwill and Other
Intangible Assets
  The
Company adopted SFAS No. 142, “Goodwill and Other Intangible
Assets”, effective July 1, 2002.  As a result, the Company
discontinued amortization of goodwill, and instead annually evaluates the
carrying value of goodwill and other intangible assets for impairment, in
accordance with the provisions of SFAS No. 142.   There was no
impairment of goodwill or other intangible assets in fiscal 2006 and
2007.
 
 Impairment of Long-Lived
Assets
 
 In
accordance with SFAS No. 144, long-lived assets, such as property, plant, and
equipment, and purchased intangibles, are reviewed for impairment whenever
events or changes in circumstances indicate that the carrying amount of an asset
may not be recoverable. Goodwill and intangible assets are tested for
impairment. Recoverability of assets to be held and used is measured by a
comparison of the carrying amount of an asset to estimated undiscounted future
cash flows expected to be generated by the asset. If the carrying amount of an
asset exceeds its estimated future cash flows, an impairment charge is
recognized by the amount by which the carrying amount of the asset exceeds the
fair value of the asset.  There were no events or changes in
circumstances that necessitated an impairment of long lived assets.
 
 Concentration of Credit
Risk
 
 The
Company maintains its operating cash balances in banks in Tempe,
Arizona.  The Federal Depository Insurance Corporation (“FDIC”)
insures accounts at each institution up to $100,000.
 
 Financial
instruments that potentially subject the Company to concentrations of credit
risk are primarily trade accounts receivable.  The trade accounts
receivable are due primarily from small business customers in numerous
geographical locations throughout the United States and Asia.
 
 The
Company estimates and provides an allowance for uncollectible accounts
receivable.
 
 Revenue
Recognition
 
 The
Company recognizes revenue and financial statement presentation and disclosure
in accordance with Securities and Exchange Commission’s (“SEC”) Staff Accounting
Bulletin (“SAB”) No. 104, “Revenue Recognition in Financial
Statement” which established that revenue can be recognized when
persuasive evidence of an arrangement exists, the product has been shipped, all
significant contractual obligations have been satisfied and collection is
reasonably assured.
 
 Recent Accounting
Pronouncements
  Recent
accounting pronouncements that the Company has adopted or will be required to
adopt in the future are summarized below.
  F-10
  On
December 21, 2007 the SEC staff issued Staff Accounting Bulletin No. 110 (“SAB
No. 110”), which, effective January 1, 2008, amends and replaces SAB No.
107, Share-Based Payment. SAB No.110 expresses the views of the SEC staff
regarding the use of a "simplified" method in developing an estimate of expected
term of "plain vanilla" share options in accordance with FASB Statement No.
123(R), Share-Based Payment. Under the "simplified" method, the expected term is
calculated as the midpoint between the vesting date and the end of the
contractual term of the option. The use of the "simplified" method, which was
first described in Staff Accounting Bulletin No. 107, was scheduled to expire on
December 31, 2007. SAB No. 110 extends the use of the "simplified” method for
"plain vanilla" awards in certain situations. The SEC staff does not expect the
"simplified" method to be used when sufficient information regarding exercise
behavior, such as historical exercise data or exercise information from external
sources, becomes available. The Company is currently evaluating the potential
impact that the adoption of SAB No. 110 could have on its financial
statements.
 
 In
December 2007, the FASB issued SFAS No. 141(R), “Business Combinations”. This
Statement replaces SFAS No. 141, Business Combinations, and requires an acquirer
to recognize the assets acquired, the liabilities assumed, including those
arising from contractual contingencies, any contingent consideration, and any
noncontrolling interest in the acquiree at the acquisition date, measured at
their fair values as of that date, with limited exceptions specified in the
statement. SFAS No. 141(R) also requires the acquirer in a business combination
achieved in stages (sometimes referred to as a step acquisition) to recognize
the identifiable assets and liabilities, as well as the noncontrolling interest
in the acquiree, at the full amounts of their fair values (or other amounts
determined in accordance with SFAS No. 141(R)). In addition, SFAS No. 141(R)'s
requirement to measure the noncontrolling interest in the acquiree at fair value
will result in recognizing the goodwill attributable to the noncontrolling
interest in addition to that attributable to the acquirer.
 
 SFAS No.
141(R) amends SFAS No. 109, Accounting for Income Taxes, to require the acquirer
to recognize changes in the amount of its deferred tax benefits that are
recognizable because of a business combination either in income from continuing
operations in the period of the combination or directly in contributed capital,
depending on the circumstances. It also amends SFAS No. 142, Goodwill and Other
Intangible Assets, to, among other things, provide guidance on the impairment
testing of acquired research and development intangible assets and assets that
the acquirer intends not to use. SFAS No. 141(R) applies prospectively to
business combinations for which the acquisition date is on or after the
beginning of the first annual reporting period beginning on or after December
15, 2008. The Company is currently evaluating the potential impact that the
adoption of SFAS No. 141(R) could have on its financial statements.
 
 In
December 2007, the FASB issued SFAS No. 160, “Noncontrolling Interests in
Consolidated Financial Statements” (“SFAS No. 160”), which amends Accounting
Research Bulletin 51, Consolidated Financial Statements, to establish accounting
and reporting standards for the noncontrolling interest in a subsidiary and for
the deconsolidation of a subsidiary. It also clarifies that anoncontrolling
interest in a subsidiary is an ownership interest in the consolidated entity
that should be reported as equity in the consolidated financial statements. SFAS
No. 160 also changes the way the consolidated income statement is presented by
requiring consolidated net income to be reported at amounts that include the
amounts attributable to both the parent and the noncontrolling interest. It also
requires disclosure, on the face of the consolidated statement of income, of the
amounts of consolidated net income attributable to the parent and to the
noncontrolling interest. SFAS No. 160 requires that a parent recognize a gain or
loss in net income when a subsidiary is deconsolidated and requires expanded
disclosures in the consolidated financial statements that clearly identify and
distinguish between the interests of the parent owners and the interests of the
noncontrolling owners of a subsidiary. SFAS No. 160 is effective for fiscal
periods, and interim periods within those fiscal years, beginning on or after
December 15, 2008. The Company does not expect the adoption of SFAS No. 160 to
have a material impact on its financial statements.
  F-11
  In
February 2007, the FASB issued SFAS No. 159, “The Fair Value Option
for Financial Assets and Financial Liabilities”(“SFAS No. 159”),
which provides companies with an option to report selected financial assets and
liabilities at fair value with the changes in fair value recognized in earnings
at each subsequent reporting date. SFAS No. 159 provides an opportunity to
mitigate potential volatility in earnings caused by measuring related assets and
liabilities differently, and it may reduce the need for applying complex hedge
accounting provisions. If elected, SFAS No. 159 is effective for fiscal
years beginning after November 15, 2007. Management is currently evaluating
the impact that this statement may have on the Company results of operations and
financial position, and has yet to make a decision on the elective adoption of
SFAS No. 159.
 
 In
September 2006, the FASB issued SFAS No. 157, "Fair Value Measurements" (SFAS
No. 157). SFAS No. 157 provides guidance for using fair value to measure assets
and liabilities. SFAS No.  157 addresses the requests from investors
for expanded disclosure about the extent to which companies measure assets and
liabilities at fair value, the information used to measure fair value and the
effect of fair value measurements on earnings. SFAS No.  157 applies
whenever other standards require (or permit) assets or liabilities to be
measured at fair value, and does not expand the use of fair value in any new
circumstances. SFAS No. 157 is effective for financial statements issued for
fiscal years beginning after November 15, 2007 and will be adopted by the
Company in the first quarter of fiscal year 2009. The Company is unable at this
time to determine the effect that its adoption of SFAS No. 157 will have on its
results of operations and financial condition.
 
 In July
2006, the FASB issued FASB Interpretation No. 48, "Accounting for Uncertainty in
Income Taxes, an interpretation of FASB Statement No. 109" (“FIN 48”). FIN 48
clarifies the accounting for uncertainty in income taxes by prescribing the
recognition threshold a tax position is required to meet before being recognized
in the financial statements. It also provides guidance on derecognition,
classification, interest and penalties, accounting in interim periods,
disclosure and transition. The cumulative effects, if any, of applying FIN 48
will be recorded as an adjustment to retained earnings as of the beginning of
the period of adoption. FIN 48 is effective for fiscal years beginning after
December 15, 2006, and the Company is required to adopt it in the first quarter
of fiscal year 2008. The Company is currently evaluating the effect that the
adoption of FIN 48 will have on its results of operations and financial
condition and is not currently in a position to determine such effects, if
any.
 
 In June
2006, the FASB ratified EITF Issue No. 06−3 (EITF 06-3), “How Taxes Collected
from Customers and Remitted to Governmental Authorities Should Be Presented in
the Income Statement (That Is, Gross versus Net Presentation).” EITF 06−3
applies to any tax assessed by a governmental authority that is directly imposed
on a revenue producing transaction between a seller and a customer. EITF 06−3
allows companies to present taxes either gross within revenue and expense or
net. If taxes subject to this issue are significant, a company is required to
disclose its accounting policy for presenting taxes and the amount of such taxes
that are recognized on a gross basis. EITF 06−3 is required to be adopted during
the first quarter of fiscal year 2008. The Company is a development stage and
taxes are currently not material to the Company’s financial
statements.
 
 In March
2006, the FASB issued SFAS No. 156, “Accounting for Servicing of
Financial Assets — an amendment of FASB Statement No. 140”(“SFAS No.156”).
SFAS No. 156 requires an entity to recognize a servicing asset or servicing
liability each time it undertakes an obligation to service a financial asset by
entering into a servicing contract in specific situations. Additionally, the
servicing asset or servicing liability is initially measured at fair value;
however, an entity may elect the “amortization method” or “fair value method”
for subsequent reporting periods. SFAS No. 156 is effective beginning
Fiscal year 2008. The Company does not expect the adoption
of   SFAS No. 156 to have a material effect on its results
of operations and financial condition.
  F-12
  SFAS No.
123, Accounting for
Stock-Based Compensation, (“SFAS No. 123”) established accounting and
disclosure requirements using a fair-value based method of accounting for
stock-based employee compensation. In accordance with SFAS No. 123, the Company
has elected to continue accounting for stock based compensation using the
intrinsic value method prescribed by Accounting Principles Board Opinion No. 25,
"Accounting for Stock Issued to Employees."
 
 The
Company accounts for stock awards issued to nonemployees in accordance with the
provisions of SFAS No. 123 and Emerging Issues Task Force (“EITF”) Issue No.
96-18 Accounting for Equity
Instruments that are Issued to Other Than Employees for Acquiring, or in
Conjunction with Selling Goods or Services.  Under SFAS No. 123
and EITF 96-18, stock awards to nonemployees are accounted for at their fair
value as determined under Black-Scholes option pricing model.
 
 In
December 2004, the Financial Accounting Standards Board (“FASB”) issued a
revision of SFAS No. 123 ("SFAS No. 123(R)") that requires compensation costs
related to share-based payment transactions to be recognized in the statement of
operations. With limited exceptions, the amount of compensation cost will be
measured based on the grant-date fair value of the equity or liability
instruments issued. In addition, liability awards will be re-measured each
reporting period. Compensation cost will be recognized over the period that an
employee provides service in exchange for the award. SFAS No. 123(R) replaces
SFAS No. 123 and is effective as of the beginning of January 1,
2006.
 
 Financial
Statement Position (“FSP”) FAS No. 123(R)-5 was issued on October 10, 2006. The
FSP provides that instruments that were originally issued as employee
compensation and then modified, and that modification is made to the terms of
the instrument solely to reflect an equity restructuring that occurs when the
holders are no longer employees, then no change in the recognition or the
measurement (due to a change in classification) of those instruments will result
if both of the following conditions are met: (a). There is no increase in fair
value of the award (or the ratio of intrinsic value to the exercise price of the
award is preserved, that is, the holder is made whole), or the antidilution
provision is not added to the terms of the award in contemplation of an equity
restructuring; and (b). All holders of the same class of equity instruments (for
example, stock options) are treated in the same manner. The provisions in this
FSP shall be applied in the first reporting period beginning after the date the
FSP is posted to the FASB website.
 
 
 NOTE 4 –
SHARE CAPITAL
 
 On July
3, 2007, the Company authorized 175,000,000 shares of common stock, at no par
value and 110,090,080 have been issued to its shareholders.
 
 NOTE 5 –
ACCOUNTS RECEIVABLE
 
 The
Company’s accounts receivable current portion, net at December 31, 2007 and 2006
consisted of the following:
 
 2007
              
              
              
              2006Accounts
      receivable
              
              $
              295,381
              
              
              $
              -Less:
      Allowance for Doubtful Accounts
              
              
              -
              
              
              
              -Accounts
      receivable - net
              
              $
              295,381
              
              
              $
              -
 
 The
Company estimates uncollectible accounts balances and provides an allowance for
such estimates.  The allowance for doubtful accounts at December 31,
2007 and 2006 consist of an estimate for potentially uncollectible accounts in
the EastBridge division.  The Company does not have any uncollectible
receivables as of December 31, 2007.
  F-13
  NOTE 6 -
PROPERTY AND EQUIPMENT
 
 The
Company does not have any property and equipment as of December 31,
2007.
 
 NOTE 7 –
STOCKHOLDER’S DEFICIT
 
 The Company has issued
shares of its common stock as consideration to officers for the fair value of
the services rendered.  The value of those shares is determined based
on the trading value of the stock at the dates on which the agreements were
entered into for the services and the value of services
rendered.During the year ended December 31, 2006, the
Company granted to officers, 2,128,410 shares of common stock valued in the
aggregate at $638,523 with a strike price of $.30.  The stock issued
for services was based upon outstanding accrued balances at a rate of 12%
interest.    The value of these shares was expensed during
the year.
 
 The
Company has issued shares of its common stock as consideration to consultants
and officers for the fair value of the services rendered.  The value
of those shares was determined based on the trading value of the stock at the
dates on which the agreements or at the price of the debt
conversion.  During the year ended December 31, 2007, the Company
granted to consultants and paid out obligations of 7,624,278 shares of
common stock valued in the aggregate at $665,660 with a strike price range of
between $.07 to $.09.  The values of the shares were expensed during
the year for compensation or the outstanding debts were
converted.  The company issued 2,000,000 common shares for $140,000 to
Arem Wine Ltd. Pty in a pro-rate stock exchange and owns 15% of Arem
Wines.
 
 Quarter
      Ended
              
              Stock
      issued forServicesMarch
      31, 2006
              
              
              -June
      30, 2006
              
              
              -September
      30, 2006
              
              
              -December
      31, 2006
              
              
              638,523Year
      Ended December 31, 2006
              
              
              638,523March
      31, 2007
              
              
              1,489,887June
      30, 2007
              
              
              111,000September
      30, 2007
              
              
              4,129,157December
      31, 2007
              
              
              5,384,121Year
      Ended December 31, 2007
              
              
              11,114,165
 
 
 The Company has not declared any
dividends and has not issued any options or warrants for year ended December 31,
2007.
  F-14
  NOTE 8 -
INCOME TAXES
 
 The
provision (benefit) for income taxes from continued operations for the years
ended December 31, 2007 and 2006 consist of the following:
 
 
 2007
              
              
              2006US
      Operations
              
              $
              (568,098
              )
              
              $
              (376,414
              )Chinese
      Operations
              
              
              28,338
              
              
              
              -Total
      Loss
              
              $
              (539,760
              )
              
              $
              (376,414
              )
  2007
              
              
              2006Current:Federal
              
              $
              (186,463
              )
              
              $
              (131,745
              )State
              
              
              (47,948
              )
              
              
              (33,877
              )(234,411
              )
              
              
              (165,622
              )Deferred:Federal
              
              
              186,463
              
              
              
              131,745State
              
              
              47,948
              
              
              
              33,877234,411
              
              
              
              165,622Benefit
      from the operating loss carryforward
              
              
              -
              
              
              
              -(Benefit)
      provision for income taxes, net
              
              $
              -
              
              
              $
              -
  The
difference between income tax expense computed by applying the federal statutory
corporate tax rate and actual income tax expense is as follows:
 
 December
      31,2007
              
              
              2006Statutory
      federal income tax rate
              
              
              34.0
              %
              
              
              34.0
              %State
      income taxes and other
              
              
              8.9
              %
              
              
              8.9
              %Effective
      tax rate
              
              
              42.9
              %
              
              
              42.9
              %
 
 Deferred
income taxes result from temporary differences in the recognition of income and
expenses for the financial reporting purposes and for tax purposes. The tax
effect of these temporary differences representing deferred tax asset and
liabilities result principally from the
following:
 
 December
      31,2007
              
              
              2006Allowance
      for account losses
              
              $
              -
              
              
              $
              -Net
      operating loss carryforward
              
              
              3,451,898
              
              
              
              2,912,138Valuation
      allowance
              
              
              (3,451,898
              )
              
              
              (2,912,138
              )Deferred
      income tax asset
              
              $
              -
              
              
              $
              -
  F-15
  The
Company has a net operating loss carryforward of approximately $3,451,898
available to offset future taxable income through 2028.
 
 During
the year ended December 31, 2007, the Company has not reduced the state and
federal portion of deferred income tax asset related to net operating loss
carryforward as there has been no expiration of the net operating loss carry
forward. The valuation allowance on the deferred income tax asset was not
decreased as there has been no expiration of state and federal portion of net
operating loss carryforwards.
 
 NOTE 9 –
COMMITMENTS AND CONTINGENCIES
 
 Employment
Agreements
  On June
1, 2005, we entered into the employment agreement with Keith Wong, our President
and Chief Executive Officer. The agreement provides for annual compensation in
the amount of $240,000, effective June 1, 2005.  Mr. Wong’s agreement
contains confidentiality, non-compete, and good faith cooperation covenants. The
agreement may be terminated by either party with or without cause and without
prior notice subject to the termination provisions in his
agreement.
  On June
1, 2005, we entered into the employment agreement with Norm Klein, our Chief
Financial Officer, Chief Operating Officer and Investor Relations Officer. The
agreement provides for annual compensation in the amount of $84,000, effective
on June 1, 2005 and was increased to an annual compensation of $180,000,
effective January 1, 2007.  Mr. Klein’s agreement contains
confidentiality, non-compete and good faith cooperation covenants. The agreement
may be terminated by either party with or without cause and without prior notice
subject to the termination provisions in the agreement
  NOTE 10 –
RELATED PARTY TRANSACTIONS
 
 The
Company’s CEO and CFO who are significant shareholders of the
Company.  The Company frequently receives advances and advances funds
to an entity controlled by the Company’s CEO and CFO to cover short-term cash
flow deficiencies.  During the year ended December 31, 2006, the
officers did not advance funds to Company. In December 31, 2007 the officers,
through this affiliation, advanced $25,000.  The balance due to this
affiliate at December 31, 2007 was $25,000.   The advances are
generally short term in nature without any interest rate.
 
 NOTE 11 –
STOCK BASED COMPENSATION
 
 In
December 2004, the FASB issued a revision of SFAS No. 123 ("SFAS No. 123(R)")
that requires compensation costs related to share-based payment transactions to
be recognized in the statement of operations. With limited exceptions, the
amount of compensation cost will be measured based on the grant-date fair value
of the equity or liability instruments issued. In addition, liability awards
will be re-measured each reporting period. Compensation cost will be recognized
over the period that an employee provides service in exchange for the award.
SFAS No. 123(R) replaces SFAS No. 123 and is effective as of the beginning of
January 1, 2006. Based on the number of shares and awards outstanding as of
December 31, 2005 (and without giving effect to any awards which may be granted
in 2006), the adoption SFAS No. 123(R) in January 2006 which did not have a
material impact on the financial statements.
 
 2007
Employees and Consultants Stock Option Plan
 
 During
the second quarter of 2007, the Company’s Board of Directors approved and
adopted the 2007 Employees and Consultants Stock Option Plan (the “Plan”) and
designated 10,000,000 of our no par common stock for issuance under the Plan to
employees, directors or consultants for EastBridge through either the issuance
of shares or stock option grants.  Under the terms of the Plan, stock
option grants shall be made with exercise prices not less than 100% of the fair
market value of the shares of Common Stock on the grant
date.
  F-16
  The
following table shows information as of December 31, 2007 and 2006 with respect
to each equity compensation plan and individual compensation arrangements under
which our equity securities are authorized for issuance to employees or
non-employees.
 
 Plan
      Category
              
              Number
      of Securities to be
                Issued
      Upon Exercise of
                Outstanding
      Options,
                Warrants
      and Rights
                (a)
              
              
              Weighted
      Average
                Exercise
      Price of
                Outstanding
      Options,
                Warrants
      and Rights
                (b)
              
              
              Number
      of Securities
                Remaining
      Available for
                Future
      Issuance Under
                Equity
      Compensation Plans
                (Excluding
      Securities
                Reflected
      in Column (a))Equity
      compensation plans approved by security holders
              
              
              N/A
              
              
              
              N/A
              
              
              
              N/AEquity
      compensation plans not approved by security holders
              
              
              N/A
              
              
              
              N/A
              
              
              
              N/ATotal
              
              
              N/A
              
              
              
              N/A
              
              
              
              N/A
 
 There are
no common stock warrants outstanding at December 31, 2007.
 
 NOTE 12 –
GAIN ON THE SETTLEMENT OF DEBT
 
 During
December 31, 2006 we recorded $19,300 gain on the settlement of
debt.
 
 During
the first quarter of 2007, we recorded an $18,522 gain on the settlement of
debt.  The gain related to the settlement of $26,460 of accounts payable,
which were settled for a cash payment of $7,938.  During the third quarter
of 2007, we recorded a $7,249 gain on the settlement of IRS debt.  The
gain related to the settlement of $10,841 of accounts payable, which was settled
for a cash payment of $3,592 in which penalties and interest were abated. The
gains are reflected in “other income” on the accompanying Statements of
Operations.
 
 NOTE 13 –
SEGMENT INFORMATION
 
 We have
determined our operating and reporting segments pursuant to the requirements of
SFAS No. 131, “Disclosures about Segments of an Enterprise and Related
Information” (“SFAS No. 131”). In making this determination, we considered our
organization/reporting structure and the information used by our chief operating
decision makers to make decisions about resource allocation and performance
assessment. The segments also help focus strategic planning efforts on key
objectives and initiatives across our businesses. Due to our integrated business
structure, operating costs included in one segment may benefit other segments.
Therefore, these segments are not designed to measure operating income or loss
that is directly related to the products included in each segment. During 2007,
we operated in two segments – Financial Services, through EastBridge, and
Calibration Services, through our 95% owned subsidiary, Fiber One.
 
 Financial Services
segment is a strategic business development of our company that has sought out
new acquisitions and assists those companies in developing marketing
strategies.
 
 2007
              
              
              2006
              
              
              Net
      ChangeRevenue
              
              $
              400,000
              
              
              $
              0
              
              
              $
              400,000Operating
      Loss
              
              $
              (592,348)
              
              
              $
              0
              
              
              $
              (592,348)
  F-17
  Calibration Services
segment is a business segment that provides internet and fiber services in Hong
Kong to a limited customer base.
 
 2007
              
              
              2006
              
              
              Net
      ChangeRevenue
              
              $
              41,937
              
              
              $
              0
              
              
              $
              41,937Operating
      Income
              
              $
              35,177
              
              
              $
              0
              
              
              $
              35,177
  During
2006, we operated only in the financial services segment.
 
 Corporate-Level
Expenses
 
 2007
              
              
              2006
              
              
              Net
      ChangeCorporate
      Level Income (Loss)
              
              $
              17,411
              
              
              $
              (376,414
              )
              
              $
              359,003
  Certain
corporate-level expenses are not allocated to our segments. Those expenses
primarily include corporate operations related to broad-based sales and
marketing, product support services, human resources, legal, finance,
information technology, corporate development and procurement activities,
research and development and other costs, settlement of debt, and stock and
warrants issued for compensation.
 
 
 *  *  *  *  *  *
 
 
 ITEM
8.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE.
  In July
30, 2007 our prior auditor resigned and the Company engaged the firm of Jewett,
Schwartz, Wolfe & Associates.
 
 We have
had no disagreements on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedures with any of our
accountants for the year ended December 31, 2007 and 2006.
  We have
not had any other changes in nor have we had any disagreements, whether or not
resolved, with our accountants on accounting and financial disclosures during
our two recent interim periods June 30, 2007, and through August 8,
2007.
 
 ITEM 4.01
CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
 
 On July
30, 2007, the Audit Committee of our Board of Directors dismissed Jaspers +
Hall, P.C. (“Jaspers & Hall”) as our independent registered public
accounting firm. Thereafter, on July 30, 2007, we retained the services of
Jewett, Schwartz, Wolfe & Associates (“Wolfe & Associates”) as our new
independent registered public accounting firm.
  18
  Jaspers
& Hall’s reports on our financial statements for the years ended December
31, 2006 and 2005 did not contain an adverse opinion or a disclaimer of opinion,
nor were they qualified as to uncertainty or audit scope, except that the
reports included an explanatory paragraph expressing substantial doubt about the
Company's ability to continue as a going concern.
 
 During
the two years ended December 31, 2006 and 2005 and the interim period from
January 1, 2007 through June 22, 2007, there were: (i) no disagreements
with Jaspers & Hall on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure, which
disagreements, if not resolved to Jaspers & Hall’s satisfaction, would have
caused Jaspers & Hall to make reference thereto in its reports on the
financial statements for such years and (ii) no reportable events within the
meaning set forth in Item 304(a)(1)(iv) of Regulation S-B.
 
 During
the two years ended December 31, 2006 and during the interim period from January
1, 2007 through June 22, 2007, we did not, nor did anyone on our behalf, consult
with Wolfe & Associates regarding either (i) the application of
accounting principles to a specified transaction, either completed or proposed,
or the type of audit opinion that Wolfe & Associates  might render on
our financial statements, and neither a written report nor oral advice was
provided to us by Wolfe & Associates that was an important factor considered
by us in reaching a decision as to any accounting, auditing or financial
reporting issue; or (ii) any matter that was a subject of a “disagreement” or a
“reportable event”, as such terms are defined in Item 304 of Regulation
S-B.
 
 Prior to
engaging Wolfe & Associates, Wolfe & Associates has not provided the
Company with either written or oral advice that was an important factor
considered by us in reaching a decision to change our independent registered
public accounting firm from Jaspers & Hall to Wolfe &
Associates.
 
 We have
authorized Jaspers & Hall to respond fully to inquiries concerning any
matters discussed above of our new independent accountants in connection with
the retention of such firm. We have provided Jaspers & Hall with a copy of
the above statements and requested that Jaspers & Hall furnish a letter
addressed to the Securities and Exchange Commission stating whether it agrees
with the above statements and, if not, stating the respects in which it does not
agree. A copy of such letter is filed as Exhibit 16.1 to this Current
Report on Form 8-K.
 
 ITEM
8A. CONTROLS AND PROCEDURES
 
 Evaluation
of Disclosure Controls and Procedures
 
 Disclosure
controls and procedures are designed with an objective of ensuring that
information required to be disclosed in our periodic reports filed with the
Securities and Exchange Commission, such as this Annual Report on Form 10-KSB,
is recorded, processed, summarized and reported within the time periods
specified by the Securities and Exchange Commission. Disclosure controls are
also designed with an objective of ensuring that such information is accumulated
and communicated to our management, including our chief executive officer, in
order to allow timely consideration regarding required disclosures.
  The
evaluation of our disclosure controls by our principal executive officer
included a review of the controls’ objectives and design, the operation of the
controls, and the effect of the controls on the information presented in this
Annual Report. Our management, including our chief executive officer, does not
expect that disclosure controls can or will prevent or detect all errors and all
fraud, if any. A control system, no matter how well designed and operated, can
provide only reasonable, not absolute, assurance that the objectives of the
control system are met. Also, projections of any evaluation of the disclosure
controls and procedures to future periods are subject to the risk that the
disclosure controls and procedures may become inadequate because of changes in
conditions, or that the degree of compliance with the policies or procedures may
deteriorate.
  19
  As of the
end of the period covered by this report, we carried out an evaluation, under
the supervision and with the participation of our management, including our
Chief Executive Officer and Principle Financial Officer, of the effectiveness of
our disclosure controls and procedures, as defined in Rules 13a-15(e) and
15d-15(e) of the Securities Exchange Act of 1934 as of the end of the period
covered by this report. Based on that evaluation, our Chief Executive
Officer and Principle Financial Officer have concluded that our disclosure
controls and procedures as of December 31, 2006 and 2007 were effective to
ensure that information required to be disclosed by us in reports that we file
or submit under the Securities Exchange Act of 1934 is recorded, processed,
summarized and reported within the time periods specified in the Securities and
Exchange Commission’s rules and forms.  There have been no material
changes in our internal controls over financial reporting or in other factors
that could materially affect, or are reasonably likely to affect, our internal
controls over financial reporting during the years ended December 31, 2006 and
2007. There have not been any significant changes in the Company’s critical
accounting policies identified since the Company filed its Form 10-KSB as of
December 31, 2006 and 2007.
 
 TEM
8A(T). MANAGEMENT'S ANNUAL REPORT ON INTERNAL CONTROL OVER FINANCIAL
REPORTING.
 
 Our
management is responsible for establishing and maintaining adequate internal
control over financial reporting for the company in accordance with as defined
in Rules 13a-15(f) and 15d-15(f) under the Exchange Act. Our internal control
over financial reporting is designed to provide reasonable assurance regarding
the (i) effectiveness and efficiency of operations, (ii) reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles, and (iii)
compliance with applicable laws and regulations.  Our internal controls
framework is based on the criteria set forth in the Internal Control -
Integrated Framework issued by the Committee of Sponsoring Organizations of the
Treadway Commission (COSO).
 
 Because
of its inherent limitations, internal control over financial reporting may not
prevent or detect misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree of compliance
with the policies or procedures may deteriorate.
 
 Management's
assessment of the effectiveness of the small business issuer's internal control
over financial reporting is as of the year ended December 31, 2007. We believe
that internal control over financial reporting is effective. We have not
identified any, current material weaknesses considering the nature and extent of
our current operations and any risks or errors in financial reporting under
current operations.
 
 This
annual report does not include an attestation report of the company's registered
public accounting firm regarding internal control over financial reporting.
Management's report was not subject to attestation by the Company's registered
public accounting firm pursuant to temporary rules of the SEC that permit the
Company to provide only management's report in this annual report.
 
 CHANGES
IN INTERNAL CONTROL OVER FINANCIAL REPORTING.
 
 There was
no change in our internal control over financial reporting that occurred during
the fiscal quarter ended December 31, 2007, that has materially affected, or is
reasonably likely to materially affect, our internal control over financial
reporting.
  20
  ITEM
8B. OTHER INFORMATION
 
 None
 
 PART
III
 
 ITEM
9.  DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;
COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT.
 
 Director
and Executive Officer
 
 Name
              
              Age
              
              Position(s) With the
Company
              
              Position Held
                Since
              
              Director
                Since/DuringKeith
      Wong
              
              52
              
              President,
      CEO, and Director
              
              June,
      2001
              
              June,
      2001Norm
      Klein
              
              56
              
              CFO,
      COO, IRO, and Director
              
              June,
      2001
              
              June,
      2001Leo
      Dembinski
              
              63
              
              Director
              
              July,
      2005
              
              July,
      2005
  The
following is a brief description of the business experience during the past five
years of each of the above-named persons:
  Keith Wong – President, Chief
Executive Officer, and Director
  Mr. Wong
brings 22 years of experience in sales, business management, finance,
manufacturing, Asian suppliers and Asian business networks.
  Since
2001, Mr. Wong has acted as the President and CEO of ATC Technology Group, which
later became EastBridge Investment Group Corporation.
  From 1989
to 2001, Mr. Wong was the President and CEO of Amtel International Corporation,
where he built the company into a leader in selling promotional TV and small
appliances. This company designed and imported televisions and small appliances
from Asia.  Mr. Wong built this company from scratch and increased sales
from zero to more than $8,000,000 per year.  This company provided valuable
experiences to Mr. Wong in the electronics business in working with
international suppliers and several top U.S. chain stores including Kmart and
Wal-Mart. Amtel won much acclaim for its products including a design award,
Innovations 2001 Design and Engineering Award, from the Industrial Society of
America and the Consumer Electronics Association.
  From 1986
to 1989, Mr. Wong was a sales executive with Coherent, Inc. for Asia-Pacific for
four years. Mr. Wong demonstrated his management capabilities in Asia. Prior to
his sales experience, Mr. Wong was an electronics design engineer for several
high tech companies including Computer Vision, Tektronix and General Electric,
where he was awarded with the prestigious Ed Woll’s Young Engineer Award in 1980
for his efforts in improving military jet engine manufacturing.
  Mr. Wong
holds a Bachelors and Masters degree in electrical engineering from Rutgers
University and Northeastern University, respectively. Mr. Wong successfully
completed several corporate finance courses for executives from Harvard
University. Mr. Wong also holds two U.S. utility patents and one U.S. design
patent.
  Mr. Wong
is a founding member of the Asian Bank of Arizona and a member of the Beijing
Equity Exchange.
  21
 
 Norm
Klein - Chief Financial Officer, Chief Operating Officer and Investor Relations
Officer
  Mr. Klein
has over twenty years of experience working in manufacturing and process control
with major companies. Mr. Klein also brings his expertise in engineering,
operational leadership, and business management to EastBridge.
  Since
2001, Mr. Klein has acted as the CFO, COO, and IRO for ATC Technology Group,
which later became known as EastBridge Investment Group
Corporation.
  Since
1997, Mr. Klein has been the owner of, and consultant for High Performance Edge,
Inc. The firm provides consulting services in the areas of leadership
development, organization development and process improvement. The firm also
provides startup management expertise for companies that want to increase sales
and operational capacity. The firm's clients include Clorox, Honeywell/Allied
Signal, Ingersol Rand, Durel Corporation and Dreyers Ice Cream
Company.
  From 1972
to 1993, Mr. Klein was employed at Procter & Gamble, where he was
responsible for the operational aspects of the company’s Metamucil business. Mr.
Klein provided the leadership role for a $60 million manufacturing plant
expansion and managed an operating budget in excess of $30 million. Further, as
a member of Procter & Gamble’s Profit and Loss team for its Hair Care
business, Mr. Klein led the launch of the first shampoo and conditioner product,
Pert shampoo.  This quickly grew to be a $100 million business that
required extensive resources and leadership to meet consumer
demand.  The successful launch propelled P&G’s hair care business
to the number one position in the market based on market share.
  Mr. Klein
provides EastBridge with high quality business management, strategic planning
and financial system development experience.  His knowledge of
operations and finance will be invaluable as EastBridge expands its operational
capabilities and launches new services in the near future.
  Mr. Klein
holds a Bachelors degree in mechanical engineering from Rose Hulman Institute
and a Masters degree in business administration from University of
Iowa.
  Leo Dembinski,
Director
  Mr.
Dembinski has over ten years of experience in corporate finance and corporate
risk management experience. In the summer of 1990 Mr. Dembinski co-founded a
planning and capital formation group: Addem and Associates Inc.
  In the
fall of 2000 Mr. Dembinski entered into a partnership known as High Performance
Edge L.L.C (HPE).   HPE is a management consulting firm
specializing in the active management of its clients companies.  HPE
also acts as a private investor in some of its transactions.
  Mr.
Dembinski was the President of the Chicago Retail Financial Executive
Association and Chairman of the Associated Merchandising Corporation, a national
organization, Financial Executives Division. He was also co-chairman of the
Direct Marketing Association Catalog Leaders. He served as a past director for
the Bank of Lakehurst, in Waukegan, Illinois; he was a Director of The Bishop’s
Lodge in Santa Fe, New Mexico. He also served as a past Director of Advanced
Foods Systems, a software company.
  Mr.
Dembinski joined the Board of Directors of Junior Achievement of Arizona in 1985
and accepted a leadership role as Chair in 1989. Mr. Dembinski is currently
Chairman of Junior Achievement of Arizona. Additionally, Mr. Dembinski is
President of the Board of Trustees of the Junior Achievement Foundation. Mr.
Dembinski has a B.S in Accounting from De Paul University in Chicago, Illinois
and he received his Certified Public Accountant Certificate in
1970.
  22
 
 Audit Committee and Audit
Committee Financial Expert
  The
functions of the Audit and Compensation Committee are: (i) to recommend the
engagement of the Company's independent auditors and review with them the plan,
scope and results of their audit for each year; (ii) to consider and review
other matters relating to the financial and accounting affairs of the Company;
and (iii) to review and recommend to the Board of Directors all compensation
packages, including the number and terms of stock options, offered to officers
and executive employees of the Company. The Company’s board director, Mr. Leo
Dembinski serves as the Company's Audit Committee and Compensation
Committee.
 
 Section 16(a) Beneficial
Ownership Reporting Compliance
 
 Section
16(a) of the Securities Exchange Act of 1934, as amended, requires our directors
and executive officers, and persons who own more than ten percent of a
registered class of our equity securities (“10% Shareholders”), to file with the
Securities and Exchange Commission initial reports of ownership and reports of
changes in ownership of our common stock and other equity securities.
 Officers, directors and 10% Shareholders are required by Securities and
Commission regulation to furnish us with copies of all Section 16(a) forms they
file.
 
 Based
solely on our review of the copies of such reports received by us, we believe
that for the fiscal year ended December 31, 2007, all Section 16(a) filing
requirements applicable to our officers, directors and 10% Shareholders were
complied with.
 
 Code of
Ethics
 We have
adopted a code of ethics which applies to all our directors, officers and
employees.  A copy of our “Code of Ethics and Business Conduct for
Officers, Directors and Employees” is filed with the Securities and Exchange
Commission as Exhibit 14.1 to the Registration Statement, filed October 30,
2006.  In the event that we make any amendments to, or grant any waivers
of, a provision of our Code of Ethics and Business Conduct for Officers,
Directors and Employees that applies to the principal executive officer,
principal financial officer or principal accounting officer that requires
disclosure under applicable Securities and Exchange Commission rules, we intend
to disclose such amendment or waiver and the reasons therefore in a Form 8-K or
in our next periodic report.
 
 ITEM
10.  EXECUTIVE COMPENSATION
 
 General.Pursuant
to a Management Services Agreement executed and approved by the Company Mr. Wong
and Mr. Klein were compensated approximately $240,000 and $180,000
respectively.
  Summary
Compensation Table
 
 The
following table sets forth the cash compensation paid by the Company to its
Chief Executive Officer and to all other executive officers for services
rendered from July 1, 2005 through December 31, 2007. Currently, Mr. Keith Wong
Chief Executive Officer and Mr. Norm Klein, Chief Financial Officer and Chief
Operating Officer.
 23
  2007
      and 2006 SUMMARY COMPENSATION TABLEName
      and Principal Position
              
              Year
              
              Salary ($)
              
              
              Bonus ($)
              
              
              Restricted
      Stock
                Awards
                ($)
              
              
              Securities
                Underlying
                Option
                Awards
                ($)
              
              
              Non-Equity
                Incentive
      Plan
                Compensation
                ($)
              
              
              Change
      in
                Pension
                Value
      and
                Nonqualified
                Deferred
                Compensation
                Earnings
                ($)
              
              
              All
      Other
                Compensation
                ($)
              
              
              Total
                ($)Keith Wong (1)
              
              2007
      & 2006
              
              
              240,000.
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              240,000Norm Klein
      (2)
              
              2007
      & 2006
              
              
              180,000
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              180,000
  (1) (2)
Compensation for Mr. Wong and Klein included Officer Salaries.
 
  OPTION
      EXERCISES AND STOCK VESTED TABLEOption
      Awards
              
              
              Stock
      AwardsName
              
              Number of Shares
                Acquired on Exercise
                (#)
              
              
              Value Realized
                on
      Exercise
                ($)
              
              
              Number of Shares
                Acquired on Vesting
                (#)
              
              
              Value Realized
                on
      Vesting
                ($)Keith
      Wong
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0Norm
      Klein
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
 
 
 PENSION
      BENEFITS TABLEName
              
              Plan Name
              
              
              Number of Years
                Credited
      Service
                (#)
              
              
              Present Value
                of Accumulated
                Benefit
                ($)
              
              
              Payments
                During Last
                Fiscal
      Year
                ($)Keith
      Wong
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0Norm
      Klein
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
 
 
 Name
              
              Executive
      Contributions
                in
      Last Fiscal Year
                ($)
              
              
              Registrant
                Contributions
      in Last
                Fiscal
      Year
                ($)
              
              
              Aggregate
      Earnings in Last Fiscal Year
                ($)
              
              
              Aggregate
      Withdrawals /
                Distributions
                ($)
              
              
              Aggregate
      Balance at
                Last
      Fiscal Year-End
                ($)Keith
      Wong
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0Norm
      Klein
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
 
 24
 
 Name
              
              Fees
      Earned or
                Paid
      in Cash
                ($)
              
              
              Stock
      Awards
                ($)
              
              
              Option
      Awards
                ($)
              
              
              Non-Equity
                Incentive
                Plan
      Compensation
                ($)
              
              
              Change
      in Pension
                Value
      and
                Nonqualified
      Deferred
                Compensation
                Earnings
                ($)
              
              
              All
      Other
                Compensation
                ($)
              
              
              Total
                ($)Keith
      Wong
              
              $
              0-
              
              
              
              0
              
              
              $
              0-
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              $
              0-Norm
      Klein
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
 
  Name
              
              Year
              
              Perquisites
                and
      Other
                Personal
      Benefits
                ($)
              
              Tax
      Reimbursements
                ($)
              
              Insurance
      Premiums
                ($)
              
              Company
      Contributions
                to
      Retirement
                and
      401(k) Plans
                ($)
              
              Severance
                Payments /
      Accruals
                ($)
              
              Change
      in Control
                Payments
      / Accruals
                ($)
              
              Total
                ($)Keith
      Wong
              
              2007
      & 2006
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0Norm
      Klein
              
              2007 & 2006
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
 
 
 Name
              
              Year
              
              
              Personal
      Use of Company Car/Parking
              
              
              Financial
      Planning/ Legal Fees
              
              
              Club
      Dues
              
              
              Executive
      Relocation
              
              
              Total
      Perquisites and
                Other
      Personal BenefitsKeith
      Wong
              
              2007
      & 2006
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0Norm
      Klein
              
              2007
      & 2006
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
 
 
 Name
              
              Benefit
              
              
              Before
      Charge
                in
      Control Termination
                w/o
      Cause or
                for
      Good Reason
              
              
              After
      Change
                in
      Control
                Termination
                w/o
      Cause or f
                or
      Good Reason
              
              
              Voluntary
                Termination
              
              
              Death
              
              
              Disability
              
              
              Change
      in ControlKeith
      Wong
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0Norm
      Klein
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
              
              
              
              0
  25
  Compensation
of Directors
 
 Each
director will be paid $1,000 for their participation in the Annual Board of
Director’s meeting.
 
 ITEM
11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT.
  The
following table sets forth certain information regarding beneficial ownership of
the common stock as of December 31, 2007, by (i) each person who is known
by the Company to own beneficially more than 5% of the any classes of
outstanding Stock, (ii) each director of the Company, (iii) each of
the Chief Executive Officers and the two (2) most highly compensated
executive officers who earned in excess of $100,000 for all services in all
capacities (collectively, the “Named Executive Officers”) and (iv) all
directors and executive officers of the Company as a group.
 
 The
number and percentage of shares beneficially owned is determined in accordance
with Rule 13d-3 and 13d-5 of the Exchange Act, and the information is not
necessarily indicative of beneficial ownership for any other purpose and is
based on 110,092,080 shares beneficially owned as of December 31, 2007. We
believe that each individual or entity named has sole investment and voting
power with respect to the securities indicated as beneficially owned by them,
subject to community property laws, where applicable, except where otherwise
noted. Unless otherwise stated, the address of each person; 2101 East Broadway,
Unit 30, Tempe, AZ 85282
 
 (1)
 Name
      and Address of Beneficial Owner
              
              Title
      of Class
              
              Amount
      and
                Nature
      of
                Beneficial
                Ownership
              
              
              Percent
                of
      Class5%
      Beneficial OwnersProvidential
      Holdings, Inc.
              
              Common
      stock
              
              
              12,256,698
              
              
              
              11
              %DirectorsLeo
      Dembinski2
              
              Common
      stock
              
              
              4,156,720
              
              
              
              4
              %Named
      Executive OfficersKeith Wong
              
              Common
      stock
              
              
              52,139,419
              
              
              
              46
              %Norm
      Klein3
              
              Common
      stock
              
              
              9,766,896
              
              
              
              9
              %
  ____________________________________________________________________________
  1.
 Norm
Klein and Leo Dembinski are partners of High Performance Edge, LLC along with
two other partners. Mr. Klein and Mr. Dembinski each own 25% partnership
interest in High Performance Edge, LLC. Thus, they beneficially own 1%
(1,156,720) of the Company’s shares through their partnership interest in High
Performance Edge, LLC. under the definition of “beneficial ownership” for
purposes of Rule 13d-3.
 2.
 As
mentioned, Leo Dembinski owns 25% partnership interest in High Performance Edge,
LLC. Thus, the Company acknowledges that Mr. Dembinski beneficially owns 4%
(4,156,720) of the Company’s shares through his partnership interest in HPE
(1,156,720) and individual ownership interest (3,000,000).
  26
  3.
 As
mentioned, Norm Klein owns 25% partnership interest in High Performance
Edge, LLC. Thus, the Company acknowledges that Mr. Klein beneficially owns 9% of
the Company’s shares through his partnership interest in HPE (1,156,720 shares)
and individual ownership interest (8,610,176).
  Certain
Relationships and Related Transactions
 
 Norm
Klein and Leo Dembinski are partners of High Performance Edge, LLC. along with
two other partners. High Performance Edge, LLC. owns 1,156,720 shares of the
Company's common stock.
 
 Changes
in Control
  We are
not aware of any arrangements that may result in a change in control of the
Company.
  DESCRIPTION
OF SECURITIES
  General
  Our
authorized capital stock consists of 300,000,000 shares of common stock, No par
value.
  Common
Stock
  The
shares of our common stock presently outstanding, and any shares of our common
stock issues upon exercise of stock options and/or warrants, will be fully paid
and non-assessable. Each holder of common stock is entitled to one vote for each
share owned on all matters voted upon by shareholders, and a majority vote is
required for all actions to be taken by shareholders. In the event we liquidate,
dissolve or wind-up our operations, the holders of the common stock are entitled
to share equally and ratably in our assets, if any, remaining after the payment
of all our debts and liabilities and the liquidation preference of any shares of
preferred stock that may then be outstanding. The common stock has no preemptive
rights, no cumulative voting rights, and no redemption, sinking fund, or
conversion provisions. Since the holders of common stock do not have cumulative
voting rights, holders of more than 50% of the outstanding shares can elect all
of our Directors, and the holders of the remaining shares by themselves cannot
elect any Directors. Holders of common stock are entitled to receive dividends,
if and when declared by the Board of Directors, out of funds legally available
for such purpose, subject to the dividend and liquidation rights of any
preferred stock that may then be outstanding.
  2007
Employees and Consultants Stock Option Plan
 
 During
the second quarter of 2007, the Company’s Board of Directors approved and
adopted the 2007 Employees and Consultants Stock Option Plan (the “Plan”) and
designated 10,000,000 of our no par common stock for issuance under the Plan to
employees, directors or consultants for EastBridge through either the issuance
of shares or stock option grants.  Under the terms of the Plan, stock
option grants shall be made with exercise prices not less than 100% of the fair
market value of the shares of Common Stock on the grant date.
 
 Lock-up
Agreements
  Each of
the major shareholders of EastBridge, Keith Wong, High Performance Edge, LLC,
Norm Klein, and Providential (including holdings held personally by the family
of the Chief Executive Officer of Providential) have agreed to limit the number
of shares sold in their portfolio to a fixed percentage for the period of twelve
months following the effectiveness of EastBridge’s Form 10-SB registration
statement, which was declared effective in the first quarter of
2007.
  27
  During
the first twelve months following the effectiveness of our Form 10-SB
registration statement, each major shareholder will limit the number of shares
sold in their portfolio to the following fixed percentage for each month. The
number of shares that may be sold each month will be calculated by multiplying
the maximum fixed percentage allowed for that month times the initial gross
number of shares owned by each partner.
 
 Month 1:
1.9%
 Month 2
and 3: 2.5%
 Month 4:
5.0%
 Month 5
and 6: 7.0%
 Months
7-12: 10.0%
 
 Twelve
months after EastBridge becomes a public company, there will be no
restrictions.  Aside from the Lock-up agreements above, the major
shareholders, named in the lock up agreement (as filed as an Exhibit to the Form
10-SB filing), understand that the maximum number of shares allowed to be sold
is limited by Rule 144 at any given time.  The Company believes that
Keith Wong, High Performance Edge, LLC, Norm Klein, and Providential are
affiliates of the Company. Rule 144 also provides that our affiliates who are
selling shares of our common stock that are not restricted shares must
nonetheless comply with the same restrictions applicable to restricted shares
with the exception of the holding period requirement. Thus, Keith Wong, High
Performance Edge, LLC, Norm Klein, and Providential will be subject to the one
percent limitations of the Rule 144 after the expiration of the Lock-up
agreement.
 
 Dividend
Policy
 
 We have
never declared any cash dividends on our common stock. We currently intend to
retain future earnings, if any, to finance the expansion of our business. As a
result, we do not anticipate paying any cash dividends in the foreseeable
future.
 
 Options
and Warrants:
 
 As of
December 31, 2007 there were no options and warrants outstanding to acquire
shares of the Company’s common stock outstanding. The Company will not be
issuing warrants in any future offering.
  Convertible
Securities
 
 At
December 31, 2007 we have no convertible securities.
  Amendment
of our Bylaws
  Our
bylaws may be adopted, amended or repealed by the affirmative vote of a majority
of our outstanding shares. Subject to applicable law, our bylaws also may be
adopted, amended or repealed by our board of directors.
  28
  Transfer
Agent
 
 On
December 31, 2007, the Company engaged Jersey Transfer Agent to serve in the
capacity of transfer agent. Their mailing address and telephone number Jersey
Transfer Agent, 201 Bloomfield Ave., PO Box 36, Verona, New Jersey 07044 - Phone
is (973) 239-2712.
 
 ITEM
12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR
INDPENDENCE.
 
 During
the year ended December 31, 2007, our CFO advanced $26,262 to the
Company.  The balance due to this affiliate at December 31, 2007 was
$26,262.   The advances are generally short term in nature with
no interest rate.
 
 ITEM
13.  EXHIBITS AND REPORTS.
  Exhibits
  Exhibit
      Number
              
              Description2.1
              
              Plan
      of reorganization and exchange agreement13.1
              
              Articles
      of incorporation of EastBridge Investment Group Corporation13.1.2
              
              Articles
      of incorporation of EastBridge Investment Group Corporation, as
      amended13.2
              
              Corporate
      bylaws for EastBridge Investment Group Corporation14.1
              
              Form
      of stock lock-up agreement110.1
              
              Employment
      agreement between EastBridge Investment Group Corporation and Keith
      Wong110.2
              
              Employment
      agreement between EastBridge Investment Group Corporation and Norm
      Klein110.3
              
              Translated
      Listing Agreement signed with a Chinese Company (signed on
      11-23-2006)210.4
              
              Translated
      Listing Agreement signed with Chinese Company (signed on 12-03-2006)210.5
              
              Translated
      Listing Agreement signed with Chinese Company (signed on 01-06-2007)214.1
              
              Code
      of ethics for EastBridge Investment Group Corporation199.1
              
              Articles
      of Amendment for Name Change for EastBridge Investment Group
      Corporation1
   1.
Incorporated by reference to Exhibit to the Registration Statement on Form 10-SB
filed with the Securities and Exchange Commission on October 30, 2006 (Filed No.
000-52282)
 
 2.
Incorporated by reference to Exhibit to the Registration Statement on Form
10-SB/A filed with the Securities and Exchange Commission on February 27, 2007
(Filed No. 000-52282)
  
 Reports on Form
8-K
 
 8-K filed
for change in principle auditor in July 30, 2007
 
 ITEM
14.PRINCIPAL ACCOUNTANT FEES
AND SERVICES
  Audit Fees.  The
aggregate fees billed by Jaspers & Hall PC.for professional
services rendered for the audit of the Company’s annual financial statements for
the fiscal years ended December 31, 2006 approximated $10,000.  The
aggregate fees billed by Jaspers & Hall PC for the review of the financial
statements included in the Company’s Forms 10-QSB for the fiscal year 2006
approximated $11,000. The aggregate fees billed by Jewett, Schwartz, Wolfe
& Associates for professional services rendered for the audit of the
Company’s annual financial statements for fiscal years ended December 31, 2007
is approximately $20,000.  The aggregate fees billed by Jewett,
Schwartz, Wolfe & Associates for the review of the financial statements
included in the Company’s Forms 10-QSB for fiscal year 2007 approximated
$13,500.
  29
  Audit-Related
Fees.  The aggregate fees billed by Jaspers & Hall PC and
Jewett, Schwartz, Wolfe & Associates for assurance and related services that
are reasonably related to the performance of the audit or review of the
Company’s financial statements for the fiscal years ended December 31, 2007 and
2006, and that are not disclosed in the paragraph captioned “Audit Fees” above,
were $0 and $0, respectively.
 
 Tax Fees.The
aggregate fees billed by Jaspers & Hall PC and Jewett Schwartz Wolfe &
Associates for professional services rendered for tax compliance, tax
advice and tax planning for the fiscal year ended December 31, 2007 and 2006
were $0.
 
 All Other Fees.  The
aggregate fees billed by Jaspers & Hall PC and Jewett Schwartz Wolfe &
Associates for products and services, other than the services described in the
paragraphs “Audit Fees,” “Audit-Related Fees,” and “Tax Fees” above for the
fiscal years ended December 31, 2007 and 2006 approximated $0.
  30
  ITEM
15: SIGNATURES
 
 SIGNATURES
 
 In
accordance with Section 13 or 15(d) of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, there unto duly authorized.
 
 Registrant
              East
      Bridge Investment Group CorporationDate:
      March 14, 2008
              By:
      /s/ Keith WongKeith
      WongChairman,
      President Chief Executive Officer (Principle Executive
      Officer)
 
 
 
 
 Date:
      March 14, 2008
              By:
      /s/ Norman KleinNorman
      KleinChief
      Financial officer (Principle Financial
Officer)






31