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Re: Sargeant-Preston post# 10280

Monday, 05/10/2010 10:44:48 AM

Monday, May 10, 2010 10:44:48 AM

Post# of 10403
Trading Suspensions: 34-62062 May 10, 2010 Universal Property Development & Acquisition Corp

See also Order
http://www.sec.gov/litigation/suspensions/2010/34-62062-o.pdf

http://www.sec.gov/litigation/suspensions.shtml

SECURITIES EXCHANGE ACT OF 1934 Release No. 62062 / May 10, 2010
The Securities and Exchange Commission (Commission) announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934, of trading in the securities of Universal Property Development & Acquisition Corp. (Universal Property), of Juno Beach, Florida at 9:30 a.m. EDT on May 10, 2010, and terminating at 11:59 p.m. EDT on May 21, 2010.

The Commission temporarily suspended trading in the securities of Universal Property due to a lack of current and accurate information about Universal Property because it has not filed certain periodic reports with the Commission.

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