----

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

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

----

| Part                I:  | FINANCIAL                INFORMATION                                                                                |   |  3  |
|-------------------------|---------------------------------------------------------------------------------------------------------------------|--------|----------|
|                    |                                                                                                                |   |     |
| Item                1:  | Financial                Statements                                                                                 |   |  3  |
|                    |                                                                                                                |   |     |
| Item                2:  | Management's                Discussion and Analysis of Financial Condition and                Results of Operations |   | 8        |
|                    |                                                                                                                |   |     |
| Part                II: | OTHER                INFORMATION                                                                                    |   |  9  |
|                    |                                                                                                                |   |     |
| SIGNATURES              |                                                                                                                |   |  10 |

----

**Part      I Financial Information**

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

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

**Consolidated      Balance Sheets**

**(UNAUDITED)**

|                                                                 |   | August                1, |       | November                1, |   |
|----------------------------------------------------------------------|--------|--------------------------|------------|----------------------------|--------|
|                                                                      |   | 2002                     |       | 2001                       |   |
|                                                                 |   | (Unaudited)              |       | (Unaudited)                |   |
| **Assets:**                                                          |   |                     |       |                       |   |
| Current                Assets:                                       |   |                     |       |                       |   |
| Cash                and Cash Equivalents                             |   | $                        | 0          |                       | $      | 0 |   |
| Accounts                Receivable, Net                              |   |                     | 0          |                       |   | 0 |   |
| Accounts                Receivable-Sale of Assets                    |   |                     | 25,000     |                       |   | 25,000 |   |
| Other                Current Assets                                  |   |                     | 0          |                       |   | 0 |   |
|                                                                 |   |                     |       |                       |   |   |   |
| Total                Current Assets                                  |   | $                        | 25,000     |                       | $      | 25,000 |   |
|                                                                 |   |                     |       |                       |   |   |   |
| Property                & Equipment, Net                         |   |                     | 0          |                       |   | 0 |   |
|                                                                 |   |                     |       |                       |   |   |   |
| Other                Assets                                          |   |                     | 0          |                       |   | 0 |   |
|                                                                 |   |                     |       |                       |   |   |   |
| Total                Assets                                          |   | $                        | 25,000     |                       | $      | 25,000 |   |
|                                                                 |   |                     |       |                       |   |   |   |
| **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                         |   |                     | 747,399    |                       |   | 747,399 |   |
|                                                                 |   |                     |       |                       |   |   |   |
| Total                Liabilities                                     |   | $                        | 995,977    |                       | $      | 995,977 |   |
|                                                                 |   |                     |       |                       |   |   |   |
| **Stockholders                Equity**                               |   |                     |       |                       |   |   |   |
| Common                Stock-$.06 Par Value                           |   |                          |            |                       |        |  |   |
| 50,000,000                Shares Authorized, 5,353,857 Shares        |   |                     |       |                       |   |   |   |
| Issued                and Outstanding                                |   | $                        | 321,232    |                       | $      | 321,232 |   |
| 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) |   | $                        | 25,000     |                       | $      | 25,000 |   |

----

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

**Consolidated      Statements of Operations**

**For      the Three Months ended August 1, 2002 and 2001**

**(UNAUDITED)**

|                                                            |   | For                the Three Months Ended |   |
|-----------------------------------------------------------------|--------|-------------------------------------------|--------|
|                                                            |   | August                1,                  |   | August                1, |   |
|                                                            |   | 2002                                      |   | 2001 |   |
|                                                            |   | (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 |   |

----

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

**Consolidated      Statements of Operations**

**For      the Nine Months ended August 1, 2002 and 2001**

**(UNAUDITED)**

|                                                            |   | For                the Nine Months Ended |   |
|-----------------------------------------------------------------|--------|------------------------------------------|--------|
|                                                            |   | August                1,                 |   | August                1, |   |
|                                                            |   | 2002                                     |   | 2001 |   |
|                                                            |   | (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 |   |

----

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

**Consolidated      Statements of Cash Flows**

**For      the Nine Months ended August 1, 2002 and 2001**

**(UNAUDITED)**

|                                                             |   | For                the Nine Months Ended |   |
|------------------------------------------------------------------|--------|------------------------------------------|--------|
|                                                             |   | August                1,                 |   | August                1, |   |
|                                                             |   | 2002                                     |   | 2001 |   |
|                                                             |   | (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 |   |

----

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

**Notes      to Consolidated Financial Statements**

**August      1, 2002**

**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                               |

----