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| Delaware                                                                                                                |  62-1133652                                                         |
|-------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------|
| (State                  or other jurisdiction of                   incorporation                  or organization) | (I.R.S.                  Employer Identification                    No.) |

| P.O.                Box 1355                                                                                       | 11580                           |
|--------------------------------------------------------------------------------------------------------------------|---------------------------------|
| Englewood                Cliffs, New Jersey (Address                of principal executive                offices) |  (Zip                code) |

| Registrant's                telephone number, including area                code: | 201-794-9111 |
|-----------------------------------------------------------------------------------|--------------|

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| Part                  I:  | FINANCIAL                  INFORMATION                                                                                  | 3      |
|---------------------------|-------------------------------------------------------------------------------------------------------------------------|--------|
|                      |                                                                                                                    |   |
| Item                  1:  | Financial                  Statements                                                                                   | 3      |
|                      |                                                                                                                    |   |
| Item                  2:  | Management's                  Discussion and Analysis of Financial Condition and                  Results of Operations | 7      |
|                      |                                                                                                                    |   |
| Part                  II: | OTHER                  INFORMATION                                                                                      | 8      |
|                      |                                                                                                                    |   |
| SIGNATURES                |                                                                                                                    | 10     |

----

**Part      I Financial Information**

**Item      1.**
**      Financial Statements.**

| **Universal                Services Group, Inc. and Subsidiaries** |
|--------------------------------------------------------------------|
| **Consolidated                Balance Sheets**                     |
| **(UNAUDITED)**                                                    |

|                                                                         |   | August                1, |       | November                1, |   |
|------------------------------------------------------------------------------|--------|--------------------------|------------|----------------------------|--------|
|                                                                              |   | 2001                     |       | 2000                       |   |
|                                                                         |   | (Unaudited)              |       | (Unaudited)                |   |
| **Assets:**                                                                  |   |                     |       |                       |   |
| Current                Assets:                                               |   |                     |       |                       |   |
| Cash                and Cash Equivalents                                     |   | $                        | 0          |                       | $      | 0 |   |
| Accounts                Receivable, Net                                      |   |                     | 0          |                       |   | 0 |   |
| Accounts                Receivable-Sale of Assets                            |   |                     | 55,000     |                       |   | 55,000 |   |
| Other                Current Assets                                          |   |                     | 0          |                       |   | 0 |   |
|                                                                         |   |                     |       |                       |   |   |   |
| Total                Current Assets                                          |   | $                        | 55,000     |                       | $      | 55,000 |   |
|                                                                         |   |                     |       |                       |   |   |   |
| Property                & Equipment, Net                                 |   |                     | 0          |                       |   | 0 |   |
|                                                                         |   |                     |       |                       |   |   |   |
| Other                Assets                                                  |   |                     | 0          |                       |   | 0 |   |
|                                                                         |   |                     |       |                       |   |   |   |
| Total                Assets                                                  |   | $                        | 55,000     |                       | $      | 55,000 |   |
|                                                                         |   |                     |       |                       |   |   |   |
| **Liabilities:**                                                             |   |                     |       |                       |   |   |   |
|                                                                         |   |                     |       |                       |   |   |   |
| Current                Liabilities                                           |   |                     |       |                       |   |   |   |
| Notes                Payable-Bank                                            |   | $                        | 0          |                       | $      | 0 |   |
| Current                Maturities of Long Term Debt                          |   |                     | 0          |                       |   | 0 |   |
| Accounts                Payable-Trade                                        |   |                     | 0          |                       |   | 0 |   |
| Accrued                Payroll                                               |   |                     | 0          |                       |   | 0 |   |
| Payroll                Taxes Payable                                         |   |                     | 248,578    |                       |   | 248,578 |   |
| Accrued                Expenses                                              |   |                     | 0          |                       |   | 0 |   |
|                                                                         |   |                     |       |                       |   |   |   |
| Total                Current Liabilities                                     |   | $                        | 248,578    |                       | $      | 248,578 |   |
|                                                                         |   |                     |       |                       |   |   |   |
| Non                Current Liabilities:                                      |   |                     |       |                       |   |   |   |
| Notes                Payable-Related Parties                                 |   |                     | 777,399    |                       |   | 777,399 |   |
|                                                                         |   |                     |       |                       |   |   |   |
| Total                Liabilities                                             |   | $                        | 1,025,977  |                       | $      | 1,025,977 |   |
|                                                                         |   |                     |       |                       |   |   |   |
| **Stockholders                Equity**                                       |   |                     |       |                       |   |   |   |
| Common                Stock-$.06 Par Value                                   |   | $                        | 321,232    |                       | $      | 321,232 |   |
| 50,000,000                Shares Authorized, 5,353,857 Shares                |   |                     |       |                       |   |   |   |
| Issued                and Outstanding                                        |   |                     |       |                       |   |   |   |
| Additional                Paid in Capital                                    |   |                     | 322,097    |                       |   | 322,097 |   |
| Retained                Earnings (Deficit)                                   |   |                     | (1,614,306 | )                          |   | (1,614,306 | ) |
|                                                                         |   |                     |       |                       |   |   |   |
| Total                Stockholders Equity (Deficit)                           |   | $                        | (970,977   | )                          | $      | (970,977 | ) |
|                                                                         |   |                     |       |                       |   |   |   |
| Total                Liabilities & Stockholders Equity (Deficit)         |   | $                        | 55,000     |                       | $      | 55,000 |   |
|                                                                         |   |                     |       |                       |   |   |   |
| See                Notes to Consolidated Financial                Statements |

----

| **Universal                Services Group, Inc. and Subsidiaries**    |
|-----------------------------------------------------------------------|
| **Consolidated                Statements of Operations**              |
| **For                the Three Months ended August 1, 2001 and 2000** |
| **(UNAUDITED)**                                                       |

|                                                                         |   | For                the Three Months Ended |   |
|------------------------------------------------------------------------------|--------|-------------------------------------------|--------|
|                                                                         |   | August                1, 2001             |   | August                1, 2000 |   |
|                                                                         |   | (Unaudited)                               |   | (Unaudited) |   |
| Revenues                                                                     |   | $                                         | 0      |   | $ | 0 |   |
|                                                                         |   |                                      |   |   |   |   |   |
| Direct                Costs                                                  |   |                                      | 0      |   |   | 0 |   |
|                                                                         |   |                                      |   |   |   |   |   |
| Gross                Operating Profit                                        |   | $                                         | 0      |   | $ | 0 |   |
|                                                                         |   |                                      |   |   |   |   |   |
| **Expenses:**                                                                |   |                                      |   |   |   |   |   |
| Selling,                General and Administrative Expenses                  |   |                                      | 0      |   |   | 0 |   |
| Penalties                & Interest                                      |   |                                      | 0      |   |   | 0 |   |
| Interest                Expense, Net                                         |   |                                      | 0      |   |   | 0 |   |
| Total                Expenses                                                |   |                                      | 0      |   |   | 0 |   |
|                                                                         |   |                                      |   |   |   |   |   |
| Net                Income (Loss) before Extraordinary Item                   |   |                                      | 0      |   |   | 0 |   |
|                                                                         |   |                                      |   |   |   |   |   |
| Extraordinary                Item:                                           |   |                                      |   |   |   |   |   |
| Forgiveness                of Debt on Settlement of Liabilities              |   |                                      | 0      |   |   | 0 |   |
|                                                                         |   |                                      |   |   |   |   |   |
| Net                Income (Loss) before Taxes                                |   | $                                         | 0      |   | $ | 0 |   |
|                                                                         |   |                                      |   |   |   |   |   |
| Less:Provision                for Income Taxes                               |   |                                      | 0      |   |   | 0 |   |
|                                                                         |   |                                      |   |   |   |   |   |
| Net                Income (Loss)                                             |   | $                                         | 0      |   | $ | 0 |   |
|                                                                         |   |                                      |   |   |   |   |   |
|                                                                         |   |                                      |   |   |   |   |   |
| Net                Income (Loss) per Share                                   |   |                                      |   |   |   |   |   |
| Income                (Loss) before Extraordinary Item                       |   |                                      | 0.00   |   |   | 0.00 |   |
| Extraordinary                Item                                            |   |                                      | 0.00   |   |   | 0.00 |   |
|                                                                         |   |                                      |   |   |   |   |   |
| Net                Income (Loss) per Share                                   |   | $                                         | 0.00   |   | $ | 0.00 |   |
|                                                                         |   |                                      |   |   |   |   |   |
| See                Notes to Consolidated Financial                Statements |

----

| **Universal                Services Group, Inc. and Subsidiaries**   |
|----------------------------------------------------------------------|
| **Consolidated                Statements of Operations**             |
| **For                the Nine Months ended August 1, 2001 and 2000** |
| **(UNAUDITED)**                                                      |

|                                                                         |   | For                the Nine Months Ended |   |
|------------------------------------------------------------------------------|--------|------------------------------------------|--------|
|                                                                         |   | August                1, 2001            |   | August                1, 2000 |   |
|                                                                         |   | (Unaudited)                              |   | (Unaudited) |   |
| Revenues                                                                     |   | $                                        | 0      |   | $ | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Direct                Costs                                                  |   |                                     | 0      |   |   | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Gross                Operating Profit                                        |   | $                                        | 0      |   | $ | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| **Expenses:**                                                                |   |                                     |   |   |   |   |   |
| Selling,                General and Administrative Expenses                  |   |                                     | 0      |   |   | 0 |   |
| Penalties                & Interest                                      |   |                                     | 0      |   |   | 0 |   |
| Interest                Expense, Net                                         |   |                                     | 0      |   |   | 0 |   |
| Total                Expenses                                                |   |                                     | 0      |   |   | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Net                Income (Loss) before Extraordinary Item                   |   |                                     | 0      |   |   | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Extraordinary                Item:                                           |   |                                     |   |   |   |   |   |
| Forgiveness                of Debt on Settlement of Liabilities              |   |                                     | 0      |   |   | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Net                Income (Loss) before Taxes                                |   | $                                        | 0      |   | $ | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Less:Provision                for Income Taxes                               |   |                                     | 0      |   |   | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Net                Income (Loss)                                             |   | $                                        | 0      |   | $ | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Net                Income (Loss) per Share                                   |   |                                     |   |   |   |   |   |
| Income                (Loss) before Extraordinary Item                       |   |                                     | 0.00   |   |   | 0.00 |   |
| Extraordinary                Item                                            |   |                                     | 0.00   |   |   | 0.00 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Net                Income (Loss) per Share                                   |   | $                                        | 0.00   |   | $ | 0.00 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| See                Notes to Consolidated Financial                Statements |

----

| **Universal                Services Group, Inc. and Subsidiaries**   |
|----------------------------------------------------------------------|
| **Consolidated                Statements of Cash Flows**             |
| **For                the Nine Months ended August 1, 2001 and 2000** |
| **(UNAUDITED)**                                                      |

|                                                                         |   | For                the Nine Months Ended |   |
|------------------------------------------------------------------------------|--------|------------------------------------------|--------|
|                                                                         |   | August                1, 2001            |   | August                1, 2000 |   |
|                                                                         |   | (Unaudited)                              |   | (Unaudited) |   |
| Cash                Flow from Operating Activities                           |   |                                     |   |   |   |
| Income                (Loss) from Operations                                 |   | $                                        | 0      |   | $ | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Adjustments                to Reconcile Net Income to                        |   |                                     |   |   |   |   |   |
| Net                income (Loss) to Net Cash Provided                        |   |                                     |   |   |   |   |   |
| (Used)                by Continuing Operations:                              |   |                                     |   |   |   |   |   |
| Depreciation                and Amortization                                 |   |                                     | 0      |   |   | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| (Increase)                Decrease in Assets                                 |   |                                     |   |   |   |   |   |
| Accounts                Receivable                                           |   |                                     | 0      |   |   | 0 |   |
| Accounts                Receivable-Sale of Business                          |   |                                     | 0      |   |   | 0 |   |
| Other                Current Assets                                          |   |                                     | 0      |   |   | 0 |   |
| Other                Assets                                                  |   |                                     | 0      |   |   | 0 |   |
| Increase                (Decrease) in Liabilities                            |   |                                     |   |   |   |   |   |
| Accounts                Payable                                              |   |                                     | 0      |   |   | 0 |   |
| Accrued                Expenses                                              |   |                                     | 0      |   |   | 0 |   |
| Payroll                Taxes Payable                                         |   |                                     | 0      |   |   | 0 |   |
| Total                Adjustments                                             |   | $                                        | 0      |   | $ | 0 |   |
| Net                Cash Provided (Used) by Operating Activities              |   | $                                        | 0      |   | $ | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Investing                Activities                                          |   |                                     |   |   |   |   |   |
| Sale                of Assets                                                |   | $                                        | 0      |   | $ | 0 |   |
| Return                of Security Deposits                                   |   |                                     | 0      |   |   | 0 |   |
| Purchase                of Assets                                            |   |                                     | 0      |   |   | 0 |   |
| Net                Cash Provided (Used) by Investing Activities              |   | $                                        | 0      |   | $ | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Financing                Activities                                          |   |                                     |   |   |   |   |   |
| Additional                Borrowings-Banks                                   |   | $                                        | 0      |   | $ | 0 |   |
| Payments                to Banks                                             |   |                                     | 0      |   |   | 0 |   |
| Payments                on Long Term Obligations                             |   |                                     | 0      |   |   | 0 |   |
| Additional                Borrowings-Related Parties                         |   |                                     | 0      |   |   | 0 |   |
| Net                Cash Provided (Used) by Financing Activities              |   | $                                        | 0      |   | $ | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Net                Increase (Decrease) in Cash & Equivalents             |   | $                                        | 0      |   | $ | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Cash                & Cash Equivalents-Beginning of Year                 |   |                                     | 0      |   |   | 0 |   |
| Cash                & Cash Equivalents-End of Year                       |   | $                                        | 0      |   | $ | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| Supplemental                Disclosures of Cash Flow Information             |   |                                     |   |   |   |   |   |
| Cash                Paid during Year for: Interest                           |   | $                                        | 0      |   | $ | 0 |   |
| Taxes                                                                        |   |                                     | 0      |   |   | 0 |   |
|                                                                         |   |                                     |   |   |   |   |   |
| See                Notes to Consolidated Financial                Statements |

----

**Universal      Services Group, Inc. and Subsidiaries**

**Notes      to Consolidated Financial Statements**

**August      1, 2001**

**1.      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:**

| **Item              2.** | **Management's                Discussion and Analysis of Financial Condition and **Results                of                Operations.**** |
|--------------------------|---------------------------------------------------------------------------------------------------------------------------------------------|

**Introduction**

----

**Results      of Operations**

**Liquidity      and Capital Resources**

**Part      II OTHER INFORMATION**

| **Item              1.** | **Legal                Proceedings.** |
|--------------------------|---------------------------------------|

| **Item              2.** | **Changes                in Securities.** |
|--------------------------|-------------------------------------------|

| **Item              3.** | **Defaults                Upon Senior Securities.** |
|--------------------------|-----------------------------------------------------|

----

| **Item              4.** | **Other                Information.** |
|--------------------------|---------------------------------------|

| **Item              5.** | **Exhibits.** |
|--------------------------|---------------|

| 31.1   | Certification                of Chief Executive Officer and Acting Chief Financial                Officer |
|--------|-----------------------------------------------------------------------------------------------------------|
|   |                                                                                                      |
| 32.1   |  906                Certification                                                                    |

----

**SIGNATURES**

|         |                                                                              |                           |
|--------------|-----------------------------------------------------------------------------------|--------------------------------|
|         | UNIVERSAL                SERVICES GROUP, INC.                                     |
|    |                                                                         |                      |
|              | By:                                                                     | /s/              Colin Halpern |
|         | Colin                Halpern, Chairman and Chief                Executive Officer |
|         |                                                                              |
|         | Date:                August 15, 2007                                              |

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