Universal Property Development Corporation (fka UPDV)

[Buell]

The lighter side:

• So you bought 500k of UPAD @ .09 = 45000 current net loss @ .04 = 25000

• UPDA granted long holders 1/50 of CFUL = 10000@ 3 = 30k

Now CFUL just reported Q2 gross earnings at $ 5,783,701 up from 22,500. Lets multiply that by 4 = 32mil
(Data from http://biz.yahoo.com/bw/070816/20070816005249.html?.v=1)

However CFUL is expanding by 50%:
• within the next 2-3 weeks, Continental will have increased its storage capacity by about 50%
(data from http://biz.yahoo.com/bw/070725/20070725005323.html?.v=1)

So now 35mil turns into around 50mil per year at current gas and diesel prices. Keep in mind this all happen in 3-6 months. Now what’s your CFUL stock worth? Now on the speculative side what if CFUL keeps this pace into 2008?

Will HTOG achieve the same forward momentum? Will I get a shit load of HTOG for “Jack” in 2008?

Now who do you think paid for these acquisitions and leases? Does stock dilution ring a bell? This is why companies go public. Could they have been a little more prudent and organized the company correct the first time and saved 200-300mil preferred shares. Ahh YES. But we are where we are now. That’s why we are all bitching.

However, now the company makes sense to me being from a mining background

• Property acquisition, legal and risk management
• Marketing and distribution
• Product acquisition
• Maintenance and drilling

Oh lets not forget the dept movement from UPDA to Hartland (about time)
The acquisition is effective for all production generated by the wells since July 1, 2007. The purchase price of $3.6 million cash plus over $250,000 of closing costs included a $3.25 million conventional loan from by Sheridan Asset Management, LLC of White Plains, New York and over $600,000 cash from UPDA
(data from http://biz.yahoo.com/bw/070820/20070820005351.html?.v=2)


I can’t stop smiling at the fact that I paid “jack” for a shit load of CFUL stock. I’m thinking me and some other here should get together and take Mr. Kamal Abdallah out for some beer and strippers!

My two cents (for what it's worth)

Good luck