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Re: joanie post# 865

Friday, 10/08/2010 12:35:54 PM

Friday, October 08, 2010 12:35:54 PM

Post# of 2750



Mr. xxxxxxxxxxxx,

I do not apologize for the salaries that Mr. Wong and I receive. We have provided over $2 million in funds to keep EastBridge operating during the past several years. We keep all of the cash in the company to provide for our operations - this is why we take stock for our salary. Most of the time we price the stock higher than the market price when we issue stock to ourselves. Therefore, if the price drops, then our salaries are much less than what is stated below and we do not make up the difference with additional shares. We do sell some of our shares to pay for normal living expenses for our families. We are not rich!! We must pay mortgages and put food on the table. We are no different than you, unless you are rich. However, when we sell our shares we never go below the current "ask" market price. Therefore, we do not drive the price lower than the "ask" of the market. EastBridge, as a company, is not selling any shares, as I have told you.

We are working very hard - we work 7 days a week, 12 to 15 hours per day, and we take very few vacation days. We cannot remember the last time we took an entire week off. We are completely focused on EastBridge and we want EastBridge to be successful for us and for our shareholders. As I have said many times, we are disappointed that it has taken us longer than expected. However, we are moving in a positive direction on all fronts and we believe we will be successful and very soon see the results!!

I hope you will understand and continue to support us.

Norm



....from the yahoo-board....