Here are some figures to ponder while we wait for EBIG to follow through with the IPO process for their clients.

Taken from shareholder call on Sep 25, 2009:

- EBIG will take Wenda Education Group public (an IT college in China)

- Once Wenda is publicly trading, EBIG will own approx. 17% of Wenda common stock

Reference: 10Q Aug09 “We have formed a United States subsidiary, called Wonder International Education & Investment Group Corporation. Wenda will merge in this U.S. subsidiary in the near future as part of the listing process. For its services, we will own an equity position of approximately 17% in this U.S. public company, called Wonder.”

- EBIG’s audited numbers for Wenda:
2007 gross revenue: $10,000,000
2007 net profit: $5,000,000
2008 gross revenue: $9,500,000
2008 net profit : $4,500,000

EBIG anticipates a P/E ratio in the range of 20-30 and 40 million shares for Wenda.
With a conservative P/E of 20 and net income of $4,500,000, Wenda will be valued at $90,000,000 (anticipated share price of $2.25)

- EBIG’s 17% ownership will be worth $15,300,000!

- Current EBIG outstanding shares: 131,000,000 (only 52,000,000 in the float!)

- With a P/E ratio for EBIG of only 5……
$15.3M/131M shares = $0.116
P/E of 5 = $0.58

***Note that this does not even take into consideration the other IPO clients in the queue. To confirm these numbers, just email the company at info@ebigcorp.com or go to their website www.ebigcorp.com

- Price of EBIG shares when Wenda is publicly traded………..$0.58
- Current price $0.019
- Total Return of 3000%!!!!!