Environment Ecology (GREY:EVEH)

On April 08, 2009, Trafalgar Capital Specialized Investment Fund (“Trafalgar Capital”) filed a Schedule 13D with the Securities and Exchange Commission, in which Trafalgar Capital claimed it is the owner of 57,500,000 shares of common stock of the Company and it also has the right to convert an additional 110,495,018 shares of common stock of the Company. The said Schedule 13D filed by Trafalgar Capital is incorrect.

Two months earlier, on February 09, 2009, Trafalgar Capital had filed a civil lawsuit against the Company.

As of April 09, 2009, the date of this Form 8-K Current Report, the said lawsuit remains pending; there has been no adjudication by the Court; there has been no order or judgment entitling Trafalgar Capital to ownership of the Company’s 50,000,000 shares of common stock held in an escrow account.

Source: SEC Form 8K (April 10, 2009)