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How did the Value of "Computers,furniture and other equipment" in the Balance sheet go up from 7.4m to 12m in just one year?
Wonder International Provides Summary of Audited Financial Results for the Year Ended December 31, 2012
Wonder International Education and Investment Group Corporation (OTCBB: WIEI) (OTCQB: WIEI), a provider of information technology vocational training schools and the first China-based vocational training school publicly traded in the U.S., announced today its financial results for the year ended December 31, 2012.
Revenues: Total revenue for the 2012 fiscal year increased 27.5% to $18.9 million from $14.8 million of total revenue in 2011. The revenue increase is primarily due to the Company's successful implementation of an aggressive marketing and promotional campaign. Although inhibited by worldwide economic recession, the growth in sales occurred at all seven Company schools.
Operating Income: Operating income in 2012 increased 64.7% to $6.7 million from $4.08 million in 2011. This increase was a direct result of the aggressive marketing and promotion campaign which increased sales in all schools and close management of our expenses. Despite an increase in advertising costs of $631,023 in 2012, the Company held all other costs down to similar levels in 2011.
Income Per Share: The Company reported earnings of $0.33 per share on a basic and fully diluted basis, compared to earnings of $0.26 per share in the prior year.
The weighted average number of shares outstanding remains unchanged at 20,000,000.
Frank Wei, CEO of Wonder International Education and Investment Group Corporation, commented, "In the past year, we have succeeded in positioning ourselves at the forefront of the rapidly expanding vocational training industry and have become a key player in supporting China's ongoing movement towards urbanization. Our established industry position and our continued marketing campaign focused on the largely populated rural areas of China where vocational skills are in high-demand drives our ability to deliver increased revenues in the year ahead."
Wei continued, "The demand for an educated workforce in China remains strong as technology continues to develop at a record pace. With more and more people moving from rural China to the city for greater job opportunities, we expect to see an ongoing increase in our school enrollment. We are pleased to report that we had significant increases in our total revenue and operating income for 2012 and we expect this trend to continue in 2013."
About Wonder International
Wonder established its first school in 1993 and operates seven information technology-focused vocational training schools in seven provinces; Anhui, Jiangsu, Zhejiang, Henan, Hubei, Liaoning, and Fujian. The Company's core focus is to educate students in the lesser-developed cities of China to have the practical skills to secure higher-paying jobs.
Wonder also operates employment service agencies in more than twenty provinces and municipalities to serve their more than 20,000 graduating students annually. The Company's partnership with 30,000 corporations and twelve employment agencies will help provide jobs to Wonder's students and increase quality IT to support China's growing economy.
Wonder's stock is traded on the Over the Counter Bulletin Board and OTC Markets under the stock symbol WIEI.
For more information, please view http://www.wonderwiei.com.
2012 Year-End Conference Call:
The Company is also announcing today that a conference call has been scheduled for Tuesday, April 23, 2013 at 11:30 A.M. Eastern Daylight Time. Domestic participants may dial (888) 567-1602 and international participants may dial (201) 604-5049. Persons unable to participate during the live session may listen to a recorded playback of the conference call by dialing (888) 539-4649 or (908) 379-8864 internationally. The code for playback is (91694) followed by the # sign. The purpose of the call is to discuss the Company's audited financial results, as well as recent Company developments and other business initiatives. Norman Klein, Member of the Board of Directors, will present opening remarks and will conduct a Q & A from participants. All questions should be sent to our investor relations representatives at info@cfsg1.com for consideration. In addition to selected questions which will be answered during the call, a select number of additional questions may be responded to subject to time limitations.
Attached are the audited comparative balance sheets and income statements for the years ended December 31, 2012, and 2011.
WONDER INTERNATIONAL EDUCATION & INVESTMENT GROUP CORPORATION
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2012 AND 2011
2012 2011
------------- -------------
ASSETS
Current Assets:
Cash $ 1,490,802 $ 1,646,542
Miscellaneous receivables 782,583 273,190
Accrued interest receivable - 11,515
Related party receivable 3,232,062 1,040,750
Other current assets 55,575 82,231
------------- -------------
Total current assets 5,561,022 3,054,228
------------- -------------
Fixed Assets:
Building and related land rights 4,566,810 4,566,810
Computers and related furniture and equipment 11,986,681 7,393,943
Vehicles 1,005,257 963,077
------------- -------------
Total fixed assets 17,558,748 12,923,830
Less accumulated depreciation 6,026,250 4,873,248
------------- -------------
Net fixed assets 11,532,498 8,050,582
------------- -------------
Other Assets:
Investment in related party, at cost 37,998,132 37,878,788
------------- -------------
Total other assets 37,998,132 37,878,788
------------- -------------
Total Assets $ 55,091,652 $ 48,983,598
============= =============
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Bank loans payable $ 2,058,232 $ 3,630,051
Accounts payable 1,460,984 1,249,957
Advanced tuition payments 8,841,163 8,387,527
Accrued liabilities 395,671 617,490
Taxes payable 2,117,875 1,517,293
------------- -------------
Total current liabilities 14,873,925 15,402,318
------------- -------------
Stockholders' Equity:
Common stock: authorized, 100,000,000 shares without
par value; issued and outstanding, 20,000,000 shares 5,858,782 5,858,782
Retained earnings 26,118,339 19,591,560
Earnings appropriated for statutory reserves 2,929,391 2,929,391
Accumulated other comprehensive income 5,311,215 5,201,547
------------- -------------
Total stockholders' equity 40,217,727 33,581,280
------------- -------------
Total Liabilities and Stockholders' Equity $ 55,091,652 $ 48,983,598
============= =============
WONDER INTERNATIONAL EDUCATION & INVESTMENT GROUP CORPORATION
CONSOLIDATED STATEMENTS OF INCOME
FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011
2012 2011
------------- -------------
Revenue $ 18,913,562 $ 14,839,050
Cost of Sales 6,102,554 5,406,587
------------- -------------
Gross Profit 12,811,008 9,432,463
Selling and Administrative Expenses 6,097,866 5,357,099
------------- -------------
Operating Income 6,713,142 4,075,364
Other Income and Expense:
Interest income - 1,021,656
Dividend income 590,095 -
Other income 15,524 452,500
Interest expense (296,849) (211,619)
Other expense (495,133) (220,054)
------------- -------------
Net income 6,526,779 5,117,847
Other comprehensive income - foreign currency
translation adjustments 109,668 2,030,842
------------- -------------
Total comprehensive income $ 6,636,447 $ 7,148,689
============= =============
Income Per Share - Basic and Diluted $ .33 $ .26
Weighted average number of shares outstanding 20,000,000 20,000,000
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.
Company Contact:
Norm Klein
Wonder Board Director
EastBridge Investment Group Corporation
480-966-2020
Investor Relations Contact:
Consulting for Strategic Growth 1 Ltd.
Stanley Wunderlich
800-625-2236 ext. 7770
Email: Email Contact
Investor Relations Contact:
Jack Eversull
The Eversull Group, Inc.
972-571-1624
214-469-2361 (fax)
Email Contact
I think Paint drying happens quicker than any movement on this stock! lol.
How hard it is to compile their expenses?
Everything is on-line? No need for paper trail and everything is digital (I hope since it is On-Line education business). How hard is it to find with search engines and program development which I assume they also teach classes in (aka computer data mining and development)?
But NT 10 -K once again!
Why do they keep this bad habit of not filing on time?
Wonder Education Recognized as Top Vocational School Brand
Wonder International Education and Investment Group Corporation (OTCBB: WIEI) (OTCQB: WIEI) announced today that Wonder Education was named as one of the best brands in the vocational education industry by the State Administration for Industry and Commerce of China. Wonder's stock is traded on the Over the Counter Bulletin Board and OTC markets under the stock symbol, WIEI. The Company is a provider of information technology vocational training schools and is the first China-based vocational training school publicly traded in the U.S.
Frank Wei, CEO of Wonder, commented, "We are grateful to be recognized by the State Administration for Industry and Commerce as a top vocational school in China. This is another positive reflection on Wonder's educational standards and Wonder's management. Wonder continues to prove to be a leader in the private education industry in China."
Wonder established its first school in 1993 and operates seven information technology-focused vocational training schools in seven provinces; Anhui, Jiangsu, Zhejiang, Henan, Hubei, Liaoning, and Fujian. The Company's core focus is to educate students in the lesser-developed cities of China to have the practical skills to secure higher-paying jobs.
Wonder also operates employment service agencies in more than twenty provinces and municipalities to serve their more than 20,000 graduating students annually. The Company's partnership with 30,000 corporations and twelve employment agencies will help provide jobs to Wonder's students and increase quality IT to support China's growing economy.
For more information, please view http://www.wonderwiei.com/
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.
Investor Contact:
Norm Klein
Wonder Board Director
EastBridge Investment Group Corporation
480-966-2020
The Eversull Group, Inc.
Jack Eversull
President
972-571-1624
214-469-2361 Fax
Email Contact
Wonder International Chairman Recognized for Contributions to Education
Wonder International Education and Investment Group Corporation (OTCBB: WIEI) (OTCQB: WIEI) announced today that the chairman, Mr. Chungui Xie, attended The Development of the Private Economy Conference in Anhui. While at the conference, Mr. Xie, the only representative of the education industry, was awarded "Outstanding Private Entrepreneur" in recognition of his contributions to the education field. Wonder's stock is traded on the Over the Counter Bulletin Board and OTC markets under the stock symbol, WIEI. The Company is a provider of information technology vocational training schools and is the first China-based vocational training school publicly traded in the U.S.
Frank Wei, CEO of Wonder, commented, "We are honored that our chairman was recognized with this award. This is a positive reflection on both Wonder's management as well as the school as a whole. Wonder continues to prove to be a leader in the private education industry in China."
Wonder established its first school in 1993 and operates seven information technology-focused vocational training schools in seven provinces; Anhui, Jiangsu, Zhejiang, Henan, Hubei, Liaoning, and Fujian. The Company's core focus is to educate students in the lesser-developed cities of China to have the practical skills to secure higher-paying jobs.
Wonder also operates employment service agencies in more than 20 provinces and municipalities to serve their more than 20,000 graduating students annually. The Company's partnership with 30,000 corporations and 12 employment agencies will help provide jobs to Wonder's students and increase quality IT to support China's growing economy.
For more information, please view http://www.wonderwiei.com/
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.
Investor Contact:
Norm Klein
Wonder Board Director
EastBridge Investment Group Corporation
480-966-2020
The Eversull Group, Inc.
Jack Eversull
President
972-571-1624
214-469-2361 Fax
Email Contact
Happy to see all trades at the ask today and to see both bi/ask move up.
WIEI
ANNUAL EARNINGS REPORT SHOULD BE OUT ANY DAY------last report was filed 3 months ago and it was a couple days late----it said they earned 27 cents fot the first 9 months------at a p/e of 10. WIEI should trade at $2.70 even if they break even for the 4th quarter-------just releasing the annual report, should make the stock price surge
This is a really undervalued stock. Time to buy 10000 shares cost only $3000, then become $30000 within 6 months.
Time to buy, see $3 back this year.
there is only 1 million shares available for sale since managrment owns all the rest---pretty soon those million shares should be all gone----the stock price would rise immediately if people would just put in limit orders, all or none, and good until cancelled-----the dummies selling these dividend shares with market orders is what has driven the share price down----soon they will be all gont to the market maker or a few savvy investors that are trying to corner the market
Cheap, cheap, cheap! WIEI shares are ridiculously cheap right now. The share price should go up after all EBIG fools sell their dividend shares dirt cheap. They must be desperate to sell at the recent share price.
WIEI TRYING TO MOVE UP-----now we need an earnings report or other news----at this stock price, nothing can be bad news
Wonda already put good earning report many times, but PPS down. You are right, they should open marketing courses to promote themselves, then PPS will go back up $3 first, and continue to go up to $5+.
i just wish wonder was teaching some marketing classes so they could do better with something to get the word out on their company----they are not doing anything to get promote their company since red chip dropped all chinese stocks-----maybe good earnings report within the next month couls be the stimilus that we need
May be 0.20 is a very good deal if some one want to sell.
most of the wiei shares have still traded in the range od 40 cents to 55 cents----my calculations shows that approx 300 thousand shares have traded since 25 october 2012 when they started trading
i am hoping that wiei does not go that low---it justs makes the climb back harder because people will be taking profits sooner---it looked like wiei was going to hold at 40--45 cents but did not do it---it all depends where investors decide to pick up a few shares
Yes, it's very, very oversold and undervalued. My dividend shares will not sell bellow $5. I am waiting for buy at 0.10.
SHOULD BE ONLY 1 MILLION SHARES WIEI TRADING since 95 percent of the 20 million shares are held by wiei management and 10 percent plus shareholders------if so,then wiei share price has to head back towards 3.00 just as soon as the 1 million shares have changed hands-------a lot of shares have already traded since wiei came public so that move up could start anyday in my opinion
THOSE INVESTORS SELLING THEIR WIEI AND EBIGD SHARES at these prices are going to be sorry in my opinion-----as soon as the 1 million shares of wiei that are not owned by mgt and insiders holding 10 percent plus are gone , wiei will head back towards 3.00 real quick
i think it is too bad for the ebigd investors that are selling there shares here---my opinion only
it should have been time to buy a month ago but dumb investors with a few shares just keep giving them away free-----95 percent of the 20 million shares outstanding are held by mgt and the +10 percent holers of the stock------that leaves only 1 million shares is all that will be sold------the people holding the 95 percent are not crazy enough to sell here----i say someone is trying to corner the market by getting all the 1 million shares as cheap as possible----they should run out of dummies soon and then the run starts back towards 3.00---i own 20,000 and they are not getting them at these prices---aqs soon as i can free up some cash, i will chase it immediately to 50 cents for a starter
It's too bad for EBIGD!!!
WOW, new low 0.25. From $3 to 0.25, for what is the reasons? May be it's time to buy?
Wonder International Education and Investment Group Corporation (OTCBB: WIEI) (OTCQB: WIEI), an operator of information technology (IT)-focused vocational training schools in the People's Republic of China, today announced that it was awarded the "2012 Most Influential IT Education" award at the Tencent Education Awards Ceremony in Beijing, China.
Mr. Ke Kong, Vice-President of Wonder, accepted the award and stated the following, "We are very pleased to receive the Tencent IT award since it is one of the major awards given each year by the Chinese IT education sector. Wonder provides one of the best opportunities for IT students to learn the necessary IT skills to become professionals in this expanding field. It is great to be recognized for our efforts and this will help our recruiting efforts as we continue to increase our student enrollment."
Wonder established its first school in 1993 and operates seven information technology-focused vocational training schools in seven provinces: Anhui, Jiangsu, Zhejiang, Henan, Hubei, Liaoning, and Fujian. The Company's core focus is to educate students in the lesser-developed cities of China to have the practical skills to secure higher-paying jobs.
Wonder also operates employment service agencies in more than 20 provinces and municipalities to serve their more than 20,000 graduating students annually. The Company's partnership with 30,000 corporations and 12 employment agencies will help provide jobs to Wonder's students and increase quality IT workers to support China's growing economy.
Wonder's stock is traded on the Over the Counter Bulletin Board and OTC Markets under the stock symbol WIEI.
For more information, please view http://www.wonderwiei.com.
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.
Contact:
Investor Relations:
Jack Eversull
The Eversull Group, Inc.
972-571-1624
214-469-2361 (fax)
Email Contact
EBIG seems to be doing quite well today! Maybe WIEI will follow.
But market no any positive reaction to this good earning report. It is unusal. Too sad for WIEI.
IMO, EBIG forgot about this as well as Tsingda and have not done anything to keep either one of these moving forward. I would have liked to have seen some thing of what is happening with these two as well as the others that they are trying to get done.
Previous post was in error. My bad. WIEI coughed up no stock for this. Correct text is:
Pretty big bucks for a 'conference call'... LOL!
Wonder Education Reports 35.3% Year-Over-Year Revenue Growth in the Third Quarter
Wonder International Education and Investment Group Corporation (OTCBB: WIEI) (OTCQB: WIEI) ("Wonder" or the "Company"), an operator of information technology-focused vocational training schools in the People's Republic of China ("PRC"), today announced its financial results for the third quarter ended September 30, 2012.
Third Quarter Fiscal Year 2012 Financial Highlights:
Revenue increased 35.3% year-over-year to $4.9 million, compared to $3.6 million in the third quarter of 2011.
Net income increased 136.8% year-over-year to $1.1 million, compared to $0.5 million in the third quarter of 2011.
Earnings per basic and diluted share increased 200.0% to $0.06 per share, compared to $0.02 per share in the third quarter of 2011.
Stockholders' equity was $39.0 million as of September 30, 2012, an increase of 16.2% from $33.6 million as of December 31, 2011.
Nine Months Fiscal Year 2012 Financial Highlights:
Revenue increased 36.1% year-over-year to $14.1 million, compared to $10.4 million for the nine months ended September 30, 2011.
Earnings before interest, taxes, depreciation and amortization ("EBITDA") increased 83.3% year-over-year to $6.5 million, compared to $3.5 million for the nine months ended September 30, 2011.
Net income increased 54.2% year-over-year to $5.4 million, compared to $3.5 million in the nine months ended September 30, 2011.
Earnings per basic and diluted share increased 58.8% to $0.27 per share, compared to $0.17 per share in the nine mines ended September 30, 2011.
"Our marketing initiatives produced growth across all seven of our current schools during the quarter," stated Xiang Wei, CEO of Wonder. "The demand for vocational education remains high, and we are capitalizing on this trend. According to the Ministry of Education, vocational schools in China enroll more than 30 million students annually. Our established partnerships with employers in our operating regions provide a compelling value proposition for our students."
"We continue to work on our expansion plans," continued Mr. Wei. "Our long-term goal is to open more than 25 new schools throughout China, increasing our student population to over 50,000, providing the basis for significant ongoing shareholder value improvement."
About Wonder International
Wonder established its first school in 1993 and operates seven information technology-focused vocational training schools in seven provinces: Anhui, Jiangsu, Zhejiang, Henan, Hubei, Liaoning, and Fujian. The Company's core focus is to educate students in the lesser-developed cities of China to have the practical skills to secure higher-paying jobs.
Wonder also operates employment service agencies in more than 20 provinces and municipalities to serve their more than 20,000 graduating students annually. The Company's partnership with 30,000 corporations and 12 employment agencies will help provide jobs to Wonder's students and increase quality IT workers to support China's growing economy.
Wonder's stock is traded on the Over the Counter Bulletin Board and OTC Markets under the stock symbol WIEI.
For more information, please view http://www.wonderwiei.com.
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.
Contact:
Jon Cunningham
RedChip Companies, Inc.
1-800-733-2447, ext. 107
Email Contact
http://www.redchip.com
WIEI, at Red Chip
http://www.redchip.com/visibility/investor.asp?symbol=WIEI&from=mm
WIEI financials out today! Great job Wonder!
http://www.sec.gov/Archives/edgar/data/1456137/000135448812006014/wiei_10q.htm
Wonder Education Engages RedChip Companies to Lead Public and Investor Relations Efforts
Wonder International Education and Investment Group Corporation (OTCBB: WIEI) (OTCQB: WIEI) ("Wonder" or the "Company"), an operator of information technology-focused vocational training schools in the People's Republic of China ("PRC"), today announced it has engaged RedChip Companies, Inc. ("RedChip") to lead its public and investor relations efforts.
Frank Wei, CEO of Wonder, stated, "Our decision to select RedChip was based on their innovative multimedia platform, global presence, and proven history of executing successful investor relations campaigns for small-cap companies. We are excited to have RedChip as part of our team and are confident that they will help us expand our shareholder base."
"Attendance at China's vocational schools continues to grow," stated Dave Gentry, president and CEO of RedChip. "While more than 70 million students have graduated from such schools over the past decade, more than 30 million students are currently enrolled, according to China's Ministry of Education. With a 100% employment rate for its graduates, Wonder is well-positioned to grow market share in this dynamic industry. We look forward to helping Wonder maximize its valuation through the execution of an effective investor communications program."
About Wonder International
Wonder established its first school in 1993 and operates seven information technology-focused vocational training schools in seven provinces: Anhui, Jiangsu, Zhejiang, Henan, Hubei, Liaoning, and Fujian. The Company's core focus is to educate students in the lesser-developed cities of China to have the practical skills to secure higher-paying jobs.
Wonder also operates employment service agencies in more than 20 provinces and municipalities to serve their more than 20,000 graduating students annually. The Company's partnership with 30,000 corporations and 12 employment agencies will help provide jobs to Wonder's students and increase quality IT workers to support China's growing economy.
Wonder's stock is traded on the Over the Counter Bulletin Board and OTC Markets under the stock symbol WIEI. For more information, please view http://www.wonderwiei.com.
About RedChip Companies, Inc.
RedChip Companies, an Inc. 5000 company, is an international small-cap research, financial relations, and media company headquartered in Orlando, Florida; with affiliate offices in San Francisco, Beijing, Seoul, Hong Kong and Singapore. RedChip delivers concrete, measurable results for its clients through its extensive global network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research™, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, "The RedChip Money Report" TV show, Shareholder Intelligence, Social Media and Blogging Services, and Webcasts. To learn more about RedChip's products and services, please visit: http://www.redchip.com/visibility/productsandservices.asp.
"Discovering Tomorrow's Blue Chips Today"™
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.
Contact:
Jon Cunningham
RedChip Companies, Inc.
1-800-733-2447, ext. 107
Email Contact
http://www.redchip.com
Investor Relations:
Jack Eversull
The Eversull Group, Inc.
972-571-1624
Wonder International Establishes New Program for College Graduates
Wonder International Education and Investment Group Corporation (OTCBB: WIEI) (OTCQB: WIEI) today announced the establishment of a new vocational skills program. Wonder has tested the program in the Zhejiang area with positive results. The program is designed to expand Wonder's customer base by providing vocational skills training to college graduates. Many college graduates are unable to secure employment despite the completion of their college education. This is largely due to the lack of practical skills needed that were not taught during the college education. Wonder fills this gap through the new program by providing valuable vocational skills training that will enhance the student's knowledge and make them much more attractive to potential employers. Initially, Wonder will offer this program at their Anhui, Zhejiang, Jiangsu, and Henan schools.
Frank Wei, CEO of Wonder, commented, "We are very excited to begin offering our proven vocational skills education to college graduates. This will be an invaluable program for this age group. By providing practical, real-world vocational skills to the college graduates, they will be able to assimilate much quicker into a new job, making them more attractive to employers, and lead to faster employment. After completing Wonder's program, these students will also enjoy the Company's 100% employment rate guarantee. We look forward to expanding this program throughout all of our schools."
Wonder established its first school in 1993 and operates seven information technology-focused vocational training schools in seven provinces; Anhui, Jiangsu, Zhejiang, Henan, Hubei, Liaoning, and Fujian. The Company's core focus is to educate students in the lesser-developed cities of China to have the practical skills to secure higher-paying jobs.
Wonder also operates employment service agencies in more than twenty provinces and municipalities to serve their more than 20,000 graduating students annually. The Company's partnership with 30,000 corporations and twelve employment agencies will help provide jobs to Wonder's students and increase quality IT to support China's growing economy.
Wonder's stock is traded on the Over the Counter Bulletin Board and OTC Markets under the stock symbol, WIEI. The Company is a provider of information technology vocational training schools and is the first China-based vocational training school publicly traded in the U.S.
For more information, please view http://www.wonderwiei.com/
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.
Investor Contact:
Norm Klein
Wonder Board Director
EastBridge Investment Group Corporation
480-966-2020
The Eversull Group, Inc.
Jack Eversull
President
972-571-1624
214-469-2361 Fax
WIEI trading now!!!
PHOENIX, AZ _ October 1, 2012 -- EastBridge Investment Group (OTCQB:EBIG) today announced Wonder International Education has received approval from the DTC to begin electronic trading. Wonder_s common stock is listed on the Over The Counter Bulletin Board and OTC Markets under the symbol _WIEI_. Wonder_s corporate website is http://www.wondedu.com.
Norm Klein, COO/CFO of EastBridge, commented, _Wonder_s and EastBridge_s attorneys, accountants and market makers, are to be congratulated for reaching this milestone. Now that Wonder_s stock is electronic trade compliant, any shareholder can contact their broker to place buy and sell orders for WIEI._
Mr. Xiang Wei, CEO of Wonder, commented: _We are very pleased to be approved by DTC to begin electronic trading. We are expecting excellent financial results for 2012. We ended 2011 with approximately $14.8 million in revenue and $5.1 million in net income. We had an excellent first six months of 2012 with revenue at about $9.3 million with a net income of $4.2 million. A PE (price/earning ratio) of fifteen would make our share price in the range of $3.75 per share based on our 2011 net income. We expect to continue this trend throughout 2012. I want to also thank EastBridge and our legal and accounting service providers for assisting us in obtaining DTC approval._
EastBridge Investment Group focuses on high-growth companies in Asia and in the United States, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bioscience and food retail distribution. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG_s email alert, send a blank email to info@EbigCorp.com.
To unsubscribe, send a blank email to info@EbigCorp.com with 'Unsubscribe' on the subject line.
Forward-Looking Statements: Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.
Contact:
Norm Klein
EastBridge Investment Group Corp.
480-966-2020
480-966-0808 (fax)
nklein@ebigcorp.com
EastBridge Investment Group (OTCQB: EBIG) announced today its clients, Tsingda Education and Wonder International (OTCBB: WIEI) (OTCQB: WIEI), have reported their June 30, 2012 financial results via their 2nd quarter SEC report.
Tsingda reported Revenue for the first six months of 2012 of $26,711,428 versus $17,090,536 for the same six months in 2011. Their Net Income was $3,725,017 through June 30, 2012 versus $2,683,688 for the same period in 2011, a 39% increase.
Wonder reported Revenue of $9,265,867 for the first six months of 2012 versus $6,787,327 for the same period in 2011. Wonder reported a Net Income of $4,225,020 as of June 30, 2012 versus $2,995,884 as of June 30, 2011, a 41% increase.
Norm Klein, CFO/COO of EastBridge, commented, "We are very pleased with Wonder's and Tsingda's performances through the first six months of 2012 through June 30. We expect that both will continue their strong performance through the remainder of 2012."
EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG's email alert, send a blank email to info@EbigCorp.com. Join us on Facebook at the following link: http://www.facebook.com/ebigcorp.
Forward-Looking Statements: Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Contact:
Norm Klein
EastBridge Investment Group Corp.
480-966-2020
480-966-0808 (fax)
Email Contact
Investor Relations:
Jack Eversull
The Eversull Group, Inc.
972-571-1624
214-469-2361 (fax)
Email Contact
Always appreciate honest input. Thanks Rich!
I believe the party won't begin for this one, anytime soon. I think there's like thousands of other companies out there, trying to get the DTC to approve one thing or another, with nearly none of them reaching completion. My guess is that this will drag on for another year or so, til they meet whatever sort of DTC approval is needed. I believe you're quite familiar with the EBIG "promises" type timeframe, on most everything. If they say a few months, that usually equates to a few years. If they say soon, it usually equates to much much later, if ever at all.......Sorry if I spoiled "the party" for anybody.......
Wow! This is like having a party and no one shows. This would be embarassing to EBIG in my opinion.
EBIG should be all over this with a PR as to why Wonder has not made a trade in about two weeks. They need to support Wonder or EBIG will suffer as well.
Was any of this discussed with the EBIG CC call the other day? I was out of town and could not get on the call.
All the hype and then we get this. Maybe EBIG will take Sherman TANK Co. public and they both seem to have TANK in them right now.
Extremely dissapointed at this point.
I actually tried to buy some of this. Fidelity would not accept an online trade, said no prior trade price was available. LOL!
Wonder International's Management Discusses Start of Trading
Wonder International Education and Investment Group Corporation's (OTCBB: WIEI) (OTCQB: WIEI) management today provided a review of their past results and snapshot of their future. Wonder is a provider of information technology vocational training schools and the first China-based vocational training school publicly traded in the U.S. on Over The Counter Bulletin Board and OTC Markets.
Wonder ended 2011 with a record revenue of $14.8 million and a comprehensive income of $7.2 million compared to revenue of $12.7 million and comprehensive income of $6.4 million in 2010. For the 1st Quarter of 2012, Wonder recorded revenue of $4.6 million and comprehensive income of $2.2 million with increases of 18% and 16% versus the same quarter in 2011.
Frank Wei, CEO of Wonder, commented, "We are very pleased to begin trading in the United States this past week. We have been able to continue to improve our financials on our own, without access to outside capital. Having access to the U.S. capital market will now allow us to expand our IT vocational training business and also allow us to expand into other vocational training opportunities. We will keep our shareholders and the U.S. markets informed of our expansion plans via press releases and shareholder conference calls. We are excited about our future and look forward to providing a significant financial return for our shareholders. We would like to thank EastBridge Investment Group for their assistance in helping us become a public company in the U.S."
Wonder established its first school in 1993 and operates seven information technology-focused vocational training schools in seven provinces: Anhui, Jiangsu, Zhejiang, Henan, Hubei, Liaoning, and Fujian. The Company's core focus is to educate students in the lesser-developed cities of China to have the practical skills to secure higher-paying jobs.
Wonder also operates employment service agencies in more than 20 provinces and municipalities to serve their more than 20,000 graduating students annually. The Company's partnership with 30,000 corporations and 12 employment agencies will help provide jobs to Wonder's students and increase quality IT to support China's growing economy.
For more information, please view www.wondedu.com
EastBridge Investment Group (OTCBB: EBIG) (OTCQB: EBIG) focuses on high-growth companies in Asia and in the United States, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bioscience and food retail distribution. To learn more about EastBridge Investment Group go to: www.EbigCorp.com. To receive EBIG's email alert, send a blank email to info@EbigCorp.com.
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.
Investor Contact:
CSIR Group
(212)386-7082
The Eversull Group, Inc.
Jack Eversull
President
972-571-1624
214-469-2361 Fax
Email Contact
Well here we go. Welcome everyone joining us from EBIG land, and a big greeting to the new folks.
Whom do I contact about changing information regarding my Wonder shares?
Jersey Transfer and Trust is the transfer agent for Wonder stock. They can assist you with all issues related to your shares, including:
Conversion of Restricted shares to Free Trading shares
Changing an address
Reporting lost certificates
Transferring Wonder stock
They can be reached at:
Phone: 973-239-2712
Contact: Mr. Jeff Manger
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Directors, executive officers and 10% shareholders currently own approximately 95% of our common stock.
201 Bloomfield Ave
P.O. Box 36
Verona, NJ 07044
973-239-2712
Fax: 973-215-2740
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