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Re: Talc Moan post# 16401

Sunday, 02/06/2011 9:03:27 AM

Sunday, February 06, 2011 9:03:27 AM

Post# of 16569
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.

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