US Development Corporation (Pink Sheets: UDVC - http://finance.yahoo.com/q?s=UDVC.PK ) The primary objective of US Development Corporation, a Houston-based company, is to achieve short to intermediate-term capital appreciation and income from the acquisition/development of land and pursuit of other opportunistic investments. The Company's business, from a different perspective, is to provide an easy means for investors to own land indirectly through their ownership of shares in the Company itself, without the headaches, hassles and financing issues normally associated with traditional land acquisition, development, and management.