Heartland Oil and Gas (fka HTOG)

[mikek83]

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 ("UPDV"). After adjusting the previous quarter’s issuance to UPDV for the July 25, 2007 1-for-10 reverse stock split and through subsequent transactions, UPDV’s interest has decreased to 16% as of June 30, 2008.