Universal Property Development Corporation (fka UPDV)

[hoerud]

DALLAS--(BUSINESS WIRE)--Universal Property Development (OTCBB: UPDV - News) has been rated ‘Speculative Buy’ by Beacon Equity Research Analyst Victor Sula, Ph.D.

ADVERTISEMENT
The full report is available at http://www.BeaconEquity.com/m.

Anyone interested in receiving alerts regarding UPDV research should e-mail [e-mail] with “UPDV” in the subject line.

In the report, the analyst writes, “Our $95 million value target for UPDV is the sum of the $70 million value estimate of its Continental Fuels segment and the $25 million value of HTOG current and potential future production … Despite the Company’s need to secure additional financing, we continue to think UPDV has attractive energy assets and significant growth potential. Accordingly, we are reiterating our Speculative Buy rating for Universal Property Development and Acquisition Corporation …”

Other companies in the diversified investments industry include Nymex Holdings Inc. (NYSE: NMX - News), Penn West Energy Trust (NYSE: PWE - News), San Juan Basin Royal (NYSE: SJT - News) and Harvest Energy Trust (NYSE: HTE - News).

Beacon Equity Research Disclosure

The analysts contributing to this report do not hold any shares of UPDV. Additionally the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon and its affiliates have been compensated a total of seven thousand five hundred dollars directly from the company; additionally, Beacon has been compensated two thousand seven hundred fifty dollars from OTCstockZone for enrollment of UPDV in its research program and other services. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.