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   <TITLE>Cardtrend International, Inc. Form 8-K for November 24, 2008</TITLE>
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<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=5>UNITED STATES SECURITIES AND EXCHANGE <BR>
COMMISSION</FONT></B></P>
<P align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=4>Washington, D.C. 20549</FONT><BR>
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<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=5>FORM 8-K</FONT></B><BR>
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<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>CURRENT REPORT</FONT></B></P>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</FONT></B></P>
<P align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Date of Report (Date of earliest event reported): November 24, 2008</FONT></P>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=4>CARDTREND INTERNATIONAL, INC.<BR>
</FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>(Exact name of registrant as specified in its charter)</FONT></P>
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     <TD noWrap align=center width="32%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Nevada</FONT>&nbsp; </TD>
     <TD noWrap align=center width="35%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>000-19404</FONT>&nbsp; </TD>
     <TD noWrap align=center width="31%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>95-4359228</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=center width="32%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>(State of Other Jurisdiction of</FONT>&nbsp; </TD>
     <TD noWrap align=center width="35%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>(Commission File Number)</FONT>&nbsp; </TD>
     <TD noWrap align=center width="31%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>IRS Employer Identification</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=center width="32%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Incorporation)</FONT>&nbsp; </TD>
     <TD noWrap align=left width="35%">&nbsp; </TD>
     <TD noWrap align=center width="31%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Number)</FONT>&nbsp; </TD></TR></TABLE></DIV><BR>
<P align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>800 5</FONT><SUP><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>th </FONT></SUP><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Avenue , Suite 4100, Seattle, Washington 98104 <BR>
(Address of principal executive offices)</FONT></P>
<P align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>(206) 447-1379<BR>
</FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>(Registrant's telephone number, including area code)</FONT></P>
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     <TD noWrap align=right width="3%">&nbsp; </TD>
     <TD noWrap align=left width="96%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=right width="3%">&nbsp; </TD>
     <TD noWrap align=left width="96%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=right width="3%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2><FONT face=Wingdings>&#168;</FONT></FONT>&nbsp; </TD>
     <TD noWrap align=left width="96%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=right width="3%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2><FONT face=Wingdings>&#168;</FONT></FONT>&nbsp; </TD>
     <TD noWrap align=left width="96%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=right width="3%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2><FONT face=Wingdings>&#168;</FONT>&nbsp;</FONT> </TD>
     <TD noWrap align=left width="96%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=left width="96%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>240.14d-2(b))</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=right width="3%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2><FONT face=Wingdings>&#168;</FONT></FONT>&nbsp; </TD>
     <TD noWrap align=left width="96%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Pre-commencement communications pursuant to Rule.</FONT>&nbsp; </TD></TR></TABLE>
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<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT<BR>
</FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>On November 24, 2008, the Company had entered into a definitive agreement with the previous shareholders of SMS Biz Sdn. Bhd. (&#147;SMSBIZ&#148;) to sell back to them 100% of the shares of common stock of SMSBIZ in consideration for the return by them to the Company all of the seven million restricted shares of the Company&#146;s common stock previously issued to them pursuant to the closing of the share exchange agreement dated January 21, 2008 as reported in a Form 8K previously filed on September 8, 2008. The Company&#146;s board of directors unanimously approved the disposition of 100% of the Company&#146;s interest in SMSBIZ in view of the current adverse economic and business conditions as well as the sudden decline in SMSBIZ&#146;s sales after the acquisition by the Company.</FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS<BR>
</FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>On November 24, 2008, the Company had completed the disposition of 100% of SMSBIZ Sdn. Bhd., a company incorporated in Malaysia, pursuant to the share repurchase agreement dated November 24, 2008 as disclosed in Item 1.01 above. The previous shareholders of SMSBIZ had returned to the Company all of the seven million restricted shares of the Company&#146;s common stock previously issued to them pursuant to the closing of the share exchange agreement dated January 21, 2008 for the acquisition of SMSBIZ by the Company. At the same time, the Company had returned to all the previous shareholders of SMSBIZ all of their shares of the common stock of SMSBIZ previously held by them.</FONT></P>
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     <TD noWrap align=left width="100%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS</FONT></B>&nbsp; </TD></TR>
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     <TD noWrap align=left width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The financial statements, if required by this item, will be filed within 71 days of November 24, 2008.</FONT>&nbsp; </TD></TR></TABLE><BR>
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<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>SIGNATURES</FONT></B></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>report to be signed on its behalf by the undersigned hereunto duly authorized.</FONT></P>
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     <TD noWrap align=left width="40%">&nbsp; </TD>
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     <TD noWrap align=left width="40%"><B><U><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>CARDTREND INTERNATIONAL, INC.</FONT></U></B>&nbsp; </TD></TR>
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     <TD noWrap align=left width="40%">&nbsp; </TD>
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     <TD noWrap align=left width="40%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>(Registrant)</FONT>&nbsp; </TD></TR>
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     <TD width="105%" colSpan=3>&nbsp; </TD></TR>
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     <TD width="105%" colSpan=3>&nbsp; </TD></TR>
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     <TD noWrap align=left width="40%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Date: </FONT><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>November 24, 2008</FONT></U>&nbsp; </TD>
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     <TD noWrap align=left width="40%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>By:</FONT> <U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>KATHERINE YL TUNG</FONT></U>&nbsp; </TD></TR>
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     <TD noWrap align=left width="40%">&nbsp; </TD>
     <TD noWrap align=left width="25%"></TD>
     <TD noWrap align=left width="40%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Katherine YL Tung, Secretary</FONT>&nbsp; </TD></TR></TABLE>
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Cardtrend International, Inc. Form 8-K for November 24, 2008
UNITED STATES SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 24, 2008
CARDTREND INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Nevada
000-19404
95-4359228
(State of Other Jurisdiction of
(Commission File Number)
IRS Employer Identification
Incorporation)
Number)
800 5
th
Avenue , Suite 4100, Seattle, Washington 98104
(Address of principal executive offices)
(206) 447-1379
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule.
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On November 24, 2008, the Company had entered into a definitive agreement with the previous shareholders of SMS Biz Sdn. Bhd. ("SMSBIZ") to sell back to them 100% of the shares of common stock of SMSBIZ in consideration for the return by them to the Company all of the seven million restricted shares of the Company's common stock previously issued to them pursuant to the closing of the share exchange agreement dated January 21, 2008 as reported in a Form 8K previously filed on September 8, 2008. The Company's board of directors unanimously approved the disposition of 100% of the Company's interest in SMSBIZ in view of the current adverse economic and business conditions as well as the sudden decline in SMSBIZ's sales after the acquisition by the Company.
ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
On November 24, 2008, the Company had completed the disposition of 100% of SMSBIZ Sdn. Bhd., a company incorporated in Malaysia, pursuant to the share repurchase agreement dated November 24, 2008 as disclosed in Item 1.01 above. The previous shareholders of SMSBIZ had returned to the Company all of the seven million restricted shares of the Company's common stock previously issued to them pursuant to the closing of the share exchange agreement dated January 21, 2008 for the acquisition of SMSBIZ by the Company. At the same time, the Company had returned to all the previous shareholders of SMSBIZ all of their shares of the common stock of SMSBIZ previously held by them.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
The financial statements, if required by this item, will be filed within 71 days of November 24, 2008.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this
report to be signed on its behalf by the undersigned hereunto duly authorized.
CARDTREND INTERNATIONAL, INC.
(Registrant)
Date:
November 24, 2008
By:
KATHERINE YL TUNG
Katherine YL Tung, Secretary