UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25

                           Notification of Late Filing

      For Period Ended: November 30, 2007

(Check One): |_| Form 10-K    |_| Form 11-K   |_| Form 20-F   |X| Form 10-Q

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     NOTHING IN THIS FORM WILL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS
              VERIFIED ANY INFORMATION CONTAINED IN THIS STATEMENT.

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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:

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Part I - Registrant Information

                                ORIENT PAPER INC.
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                             Full name of Registrant

                                Carlateral, Inc.
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                            Former Name if Applicable

                            Science Park, Xushui Town
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            Address of Principal Executive Office (Street and Number)

                                  Baoding City
                      Hebei Province, P.R. of China 072550
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                              City, State, Zip Code



Part II - Rules 12b-25(b) and (c)

If the subject report could not be filed without unreasonable effort or expense
and the Registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate):

      |X| (a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense;

      |X| (b) The subject annual report, semi-annual report, transition report
on Form 10-K, Form 20-F, 11-K, N-SAR, or portion thereof, will be filed on or
before the 15th calendar day following the prescribed due date; or the subject
quarterly report or transition report on Form 10-Q, or portion thereof, will be
filed on or before the 5th calendar day following the prescribed due date; and;

      |_| (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached, if applicable.

Part III - Narrative

State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof could not be filed within the
prescribed time period.

During the quarter being reported the Registrant completed a merger transaction
with a foreign, private operating subsidiary and management needs additional
time to finish preparation of the filing, in particular, completing the
comparative financial data for such subsidiary (as the "acquiring" company for
financial accounting and reporting purposes), Registrant's MD&A disclosure
giving effect to the merger and restated financial statements and the
accompanying footnotes. The Registrant also changed auditors in December 2007.

Part IV - Other Information

(1) Name and telephone number of person to contact in regard to this
notification:

      Name: Lijun  Zhang
      Telephone Number: 646 200-6329

(2) Have all periodic reports required under section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of
1940 during the preceding 12 months (or for such shorter) period that the
registrant was required to file such reports) been filed?

      If the answer is no, identify report(s) |X| Yes |_| No

(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?
|_| Yes |X| No

If so, attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.

                                ORIENT PAPER INC.
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                  (Name of Registrant as Specified in Charter)

has duly caused this notification to be signed on its behalf by the undersigned,
who is duly authorized.


     Dated: January 14, 2007                  By: /s/ Zhenyong Liu
                                                  ------------------------------
                                                  Name:  Zhenyong Liu
                                                  Title: Chief Executive Officer