Universal Property Development Corporation (fka UPDV)

[t_b1209]

On April 19, 2007 there was a sale of a 52% interest in the Company’s common stock to Universal Property Development and Acquisition
Corporation ("UPDA"). After adjusting the previous quarter’s issuance to UPDA for the July 25, 2007 1-for-10 reverse stock split and through
subsequent transactions, UPDA’s interest has increased to 83% as of December 31, 2007

There hasnt been that much dilution yet has there? Were talking 83% down to less than 51% if there has.
Copied and pasted from HTOG's last 10-K