Eco Trade Corp (PINK:BOPT) plunges by 32.17%

Boston, MA 04/07/2013 (wallstreetpr) – In a major development today Eco Trade Corp (PINK:BOPT) announced that it signed a letter of intent for $5 million financing with Ambrosia Holding and Finance ltd. (Ambrosia) for development of Bakken well. Ambrosia Holding is a UK based private fund which provides finances. Manoli Vindirlis, Managing Director of Ambrosia, stated, “We are extremely excited to have the opportunity to work with Eco-Trade on the development of the first well on this very dynamic property in the Bakken. Our historic investment portfolio to date has included resource and international oil and gas, and this first foray into what may be the most exciting oil find in North America, has us focused on efforts to close and drill as expeditiously as possible.”

It is said that around 18 to 22 billion barrels of oil can be recovered if Bakken oil formation is successful. Eco Trade Corp (PINK:BOPT) is a development stage company with main operations of development of logistic center in Southern California. Shares of company reacted positively in early morning’s trade and made a intraday high of $0.30 before slipping down by 32.17% currently to trade at $0.156, the stock has traded with volume of 9.02 million compared to average volume of 0.42 million.

For consideration of being featured on WallstreetPR, contact:

Please make sure to read and completely understand our disclaimer at FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any content posted on our website is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. WallStreetPR strongly recommends you consult a licensed or registered professional before making any investment decision. Neither nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. WallStreetPR often gets compensated for advertisement services that are disclosed on our disclaimer located at

Published by Benjamin Roussey

Benjamin Roussey is from Sacramento, California. He has two master’s degrees and served four years in the U.S. Navy. His bachelor’s degree is from CSUS (1999) where he was on a baseball pitching scholarship. His second master’s degree is an MBA in Global Management from the University of Phoenix (2006). He has worked for small businesses, public agencies, and large corporations. He has lived in Korea and Saudi Arabia where he was an ESL instructor. Benjamin spends his time in between Northern California and Cabo San Lucas, Mexico, committing himself to his craft of freelance and website writing.