Universal Property Development Corporation (fka UPDV)

[why_meil]

I'm waiting to see the current HTOG subsidiary relationship explained from UPDV's perspective in their soon to be released 10Q before I try to make heads or tails of it. Once again, if this is the case it seems to me that this was a material event that should have been disclosed in an 8K filing. Might just be some sort of beneficial creative accounting for tax purposes. We should find out the whole scoop in a few days … hopefully anyway.

To be honest with you, I just skimmed over HTOG's 10Q. Didn't really dig into it like I intend to do with UPDV's. I might go back to HTOG's and see if I can come up with anything else.