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Eco Trade (GREY:BOPT)

WEB NEWS

Monday, May 2, 2011

Auditor trail

On April 28, 2011, Eco-Trade Corp. (the “Company”) advised audit firm Robison, Hill & Company (“R.H.”) that it was dismissed as the Company’s independent registered public accounting firm. The decision to dismiss R.H. as the Company’s independent registered public accounting firm was approved by the Company’s Board of Directors on April 28, 2011. Except as noted in the paragraph immediately below, the reports of R.H. on the Company’s financial statements for the years ended December 31, 2010 and 2009 did not contain an adverse opinion or disclaimer of opinion, and such reports were not qualified or modified as to uncertainty, audit scope, or accounting principle.

During the years ended December 31, 2010 and 2009, and through April 28, 2011, the Company has not had any disagreements with the R.H. on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to R.H.’s satisfaction, would have caused them to make reference thereto in their reports on the Company’s consolidated financial statements for such years.

During the years ended December 31, 2010 and 2009, and through the April 28, 2011, there were no reportable events, as defined in Item 304(a)(1)(v) of Regulation S-K.

The Company provided R.H. with a copy of this disclosure set forth under this Item 4.01 and was requested to furnish a letter addressed to the Securities & Exchange Commission stating whether or not it agrees with the above statements. A copy of this letter is attached hereto to this amendment to the Form 8K as Exhibit 16.1.

New independent registered public accounting firm

On April 25, 2011, the Company engaged Eugene M. Egeberg (“Egeberg”) as its independent registered public accounting firm for the Company’s fiscal year ended December 31, 2011. The decision to engage Egeberg as the Company’s independent registered public accounting firm was approved by the Company’s Board of Directors.

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Thursday, December 2, 2010

Share Structure

On August 25, 2010, Yasheng Eco-Trade Corporation filed with the Securities and Exchange Commission disclosing that the Company’s Board of Directors and stockholders holding a majority of the voting securities approved an amendment to the Company’s Restated Certificate of Incorporation, as amended, changing the name of the Company to “Eco-Trade Corp.” and reversing the issued and outstanding shares of common stock on a 100:1 basis. The Company has submitted the required paperwork to FINRA and expects to complete the name change and reverse stock split during the month of December 2010.

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