# EDGAR Filing Document

**Accession Number:** 0001286768
**File Stem:** 0000000000-23-001519
**Filing Date:** 2023-2
**Character Count:** 8614
**Document Hash:** a1b5db1d0747f44dea23f4735839cb9b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-001519.hdr.sgml**: 20230630

**ACCESSION NUMBER**: 0000000000-23-001519

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230214

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** UNIVERSAL SYSTEMS INC
- **CENTRAL INDEX KEY:** 0001286768
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812]
- **IRS NUMBER:** 760747238
- **STATE OF INCORPORATION:** WA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 30 N. GOULD STREET SUITE N
- **CITY:** SHERIDAN
- **STATE:** WY
- **ZIP:** 82801
- **BUSINESS PHONE:** 800-395-6811

**MAIL ADDRESS:**
- **STREET 1:** 30 N. GOULD STREET SUITE N
- **CITY:** SHERIDAN
- **STATE:** WY
- **ZIP:** 82801
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001477932-22-006269

## Text-Extract

```

United States securities and exchange commission logo

                             February 14, 2023

       Andrew Lane
       Chairman, CEO
       Universal Systems, Inc.
       30 N. Gould Street, Suite N
       Sheridan, WY 82801

                                                        Re: Universal Systems,
Inc.
                                                            Amendment No. 3 to
Offering Statement on Form 1-A
                                                            Filed January 30,
2023
                                                            File No. 024-11969

       Dear Andrew Lane:

             We have reviewed your amended offering statement and have the
following
       comments. In some of our comments, we may ask you to provide us with
information so we
       may better understand your disclosure.

              Please respond to this letter by amending your offering statement
and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your offering statement and the
information you
       provide in response to these comments, we may have additional comments.
Unless we note
       otherwise, our references to prior comments are to comments in our
December 16, 2022 letter.

       Amendment No. 3 to Offering Statement on Form 1-A filed January 30, 2023

       Part III     Exhibits, page 57

   1.                                                   We note your revised
disclosure on page 1 that each unit being offered comprises eight
                                                        shares of common stock
of your company. However, the revised legal opinion filed as
                                                        exhibit 12.1 opines on
units that consist of "three (3) shares of our common stock, $.001
                                                        par value, and three
warrants exercisable at $.02 per warrant shares of common stock, par
                                                        value $0.001 per
share." Please revise your offering statement or have counsel revise the
                                                        opinion accordingly to
ensure consistency between the securities offered and the securities
                                                        covered by your filed
legal opinion.
 Andrew Lane
FirstName  LastNameAndrew  Lane
Universal Systems, Inc.
Comapany14,
February   NameUniversal
             2023        Systems, Inc.
February
Page 2 14, 2023 Page 2
FirstName LastName
General

2.       We note your revised disclosure that your "purpose is to create,
develop, and produce a
         library of films, videos, and music productions." The offering
statement continues to refer
         to investment activity though in other instances. Please revise to
clarify that you will not
         be engaged in the business of investing, if true, throughout the
offering statement. In this
         regard, we note your risk factor disclosure on page 19 that "this is a
blind pool offering,"
         that investors "will not have the opportunity to evaluate [y]our
investments before [you]
         make them," and that you "may change [y]our targeted investments and
investment
         guidelines." We also note your sub-heading on page 21 entitled "Risks
Related to Our
         Investments" and the reference to your "overall investment portfolio"
on page 33 and your
         "investment objectives" on page 41.
3.       We note your revised disclosure that "the company recently closed its
division and efforts
         pertaining to web3, NFT, and blockchain content distribution . . . ."
However, your
         website, www.digitaldistrosolutions.com, continues to refer to such
division of your
         business. Please reconcile such inconsistency.
       Please contact Brian Fetterolf at 202-551-6613 or Erin Jaskot at
202-551-3442 if you
have any questions.

                                                               Sincerely,

                                                               Division of
Corporation Finance
                                                               Office of Trade
& Services
cc:      Steve Mills

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

February 14, 2023

Andrew Lane  
Chairman, CEO  
Universal Systems, Inc.  
30 N. Gould Street, Suite N  
Sheridan, WY 82801

**Re: Universal Systems, Inc.**  
**Amendment No. 3 to Offering Statement on Form 1-A**  
**Filed January 30, 2023**  
**File No. 024-11969**

Dear Andrew Lane:

We have reviewed your amended offering statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.

After reviewing any amendment to your offering statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our December 16, 2022 letter.

Amendment No. 3 to Offering Statement on Form 1-A filed January 30, 2023

Part III - Exhibits, page 57

1. We note your revised disclosure on page 1 that each unit being offered comprises eight shares of common stock of your company. However, the revised legal opinion filed as exhibit 12.1 opines on units that consist of 'three (3) shares of our common stock, $.001 par value, and three warrants exercisable at $.02 per warrant shares of common stock, par value $0.001 per share.' Please revise your offering statement or have counsel revise the opinion accordingly to ensure consistency between the securities offered and the securities covered by your filed legal opinion.

Andrew Lane
Universal Systems, Inc.
February 14, 2023
Page 2

General

2. We note your revised disclosure that your "purpose is to create, develop, and produce a library of films, videos, and music productions." The offering statement continues to refer to investment activity though in other instances. Please revise to clarify that you will not be engaged in the business of investing, if true, throughout the offering statement. In this regard, we note your risk factor disclosure on page 19 that "this is a blind pool offering," that investors "will not have the opportunity to evaluate [y]our investments before [you] make them," and that you "may change [y]our targeted investments and investment guidelines." We also note your sub-heading on page 21 entitled "Risks Related to Our Investments" and the reference to your "overall investment portfolio" on page 33 and your "investment objectives" on page 41.

3. We note your revised disclosure that "the company recently closed its division and efforts pertaining to web3, NFT, and blockchain content distribution . . . ." However, your website, www.digitaldistrosolutions.com, continues to refer to such division of your business. Please reconcile such inconsistency.

Please contact Brian Fetterolf at 202-551-6613 or Erin Jaskot at 202-551-3442 if you have any questions.

Sincerely,

Division of Corporation Finance
Office of Trade & Services

cc: Steve Mills