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StockGuru News: RxElite Holdings (RXEI) and EastBridge Investment Group (EBIG)

RxElite Holdings, Inc. (OTCBB: RXEI)

MERIDIAN, Idaho, Nov. 26 /PRNewswire-FirstCall/ — RxElite Holdings, Inc. , a developer, manufacturer, and marketer of specialty generic prescription drug products, announced today that the Company will host a groundbreaking ceremony on December 12, 2007 at the worksite of their new corporate facility in Nampa, Idaho. RS Hosac, Inc. is the developer for the site and is working with RxElite to build out the entire 17-acre campus over time. Expected in attendance at the ceremony will be Governor C.L. “Butch” Otter and Nampa Mayor Tom Dale, and several other local supporters and dignitaries. RxElite will use the new facility to house corporate offices and consolidate warehousing space as well as position themselves for future growth as a part of their strategy to work with hard to manufacture generic pharmaceuticals.

Read full release here:
http://stockguru.com/profiles/rxei/news.php

EastBridge Investment Group Corporation (OTCBB: EBIG)

EastBridge Investment Group Corporation (OTCBB: EBIG) – PHOENIX, AZ–(MARKET WIRE)–Nov 26, 2007 — EastBridge Investment Group (EBIG)today announced that it has signed a new definitive listing agreement to take Rhino Two Horns Sdn. Bhd, a Malaysian company, public in the United States as soon as possible. Under the terms of the agreement, EBIG will be paid $700,000 in cash, of which $300,000 will be paid immediately and $200,000 paid in approximately sixty days and the remaining $200,000 on actual listing.

Read full release here:
http://stockguru.com/profiles/ebig/news.php

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