UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K
                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

                                 October 8, 2005
                -------------------------------------------------
                Date of Report (Date of earliest event reported):

           Universal Property Development and Acquisition Corporation
           ----------------------------------------------------------
               (Exact name of registrant as specified in charter)

           Nevada                     000-25416                20-3014499
 ----------------------------    ------------------------   -------------------
 (State or other jurisdiction    (Commission File Number)     (IRS Employer
     of incorporation)                                      Identification No.)

                        14255 U.S. Highway 1, Suite 2180
                            Juno Beach, Florida 33408
                    ----------------------------------------
                    (Address of principal executive offices)

                                 (561) 868-2071
             ------------------------------------------------------
               Registrant's telephone number, including area code:

                                 Not Applicable.
          --------------------------------------------------------------
          (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

|_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13e-4(c))

<PAGE>

Item 2.01 Completion of Acquisition or Disposition of Assets

      Item 2.01 On October 8, 2005,  the Company  entered  into an MOU with Dark
Horse Exploration,  Inc., a Wyoming corporation, for the drilling and production
of oil and gas wells on mineral  leases  consisting  of 4000  acres in  Northern
Utah. A copy of the Memorandum of  Understanding  is attached  hereto as Exhibit
9.01(a).  Pursuant to this  Memorandum  of  Understanding,  a new joint  venture
corporation will be established by the parties.  UPDA will re-invest  profits of
up to One Million  Dollars  ($1,000,000.00),  into the joint venture in order to
continue well drilling and expansion of production. As a result of the Company's
investment,  Dark Horse will assign the Joint Venture entity to be  established,
oil & gas leases  covering  Four  Thousand  (4000) acres  containing 5 producing
wells in Utah.  UPDA will be the owner of Sixty percent (60%) of the outstanding
shares in the joint  venture  entity which is being  managed by the  experienced
geologists and  professionals  of Dark Horse, the holder of Thirty percent (30%)
of the  outstanding  shares.  In  consideration  of a  commitment  to invest One
Million  Dollars  ($1,000,000.00),  of which One Hundred Fifty Thousand  Dollars
($150,000.00)  has been delivered,  Masaood Group Ltd. and Rene Kronvold will be
the owner of Ten percent (10%) of the outstanding shares. The Board of Directors
of UPDA considered this joint venture and determined that it was consistent with
its  business  model.  UPDA will receive its portion of the profits in the joint
venture in  proportion  to its  ownership  therein and will  incubate  the joint
venture as set forth in its business model.

Item 9.01 Attachments

9.01(a) Memorandum of Understanding

Date: October 11, 2005                 Universal Property Development and
                                       Acquisition Corporation

                                       /s/
                                       -----------------------------------------
                                       Kamal Abdallah, President
                                       Principal Executive Officer
{"company-data": {"conformed-name": "UNIVERSAL PROPERTY DEVELOPMENT & ACQUISITION CORP", "cik": "0000923771", "assigned-sic": "3944", "irs-number": "330563989", "state-of-incorporation": "CA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-25416", "film-number": "051131653"}, "business-address": {"street1": "2250 WARRENSVILLE CENTER ROAD", "city": "UNIVERSITY HEIGHTS", "state": "OH", "zip": "44118", "phone": "8883709654"}, "mail-address": {"street1": "2250 WARRENSVILLE CENTER ROAD", "city": "UNIVERSITY HEIGHTS", "state": "OH", "zip": "44118"}, "former-company": [{"former-conformed-name": "PROCOREGROUP INC", "date-changed": "20031215"}, {"former-conformed-name": "CALL-SOLUTIONS INC", "date-changed": "20010110"}, {"former-conformed-name": "BAOA INC", "date-changed": "19940525"}]}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K
                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

                                 October 8, 2005
                -------------------------------------------------
                Date of Report (Date of earliest event reported):

           Universal Property Development and Acquisition Corporation
           ----------------------------------------------------------
               (Exact name of registrant as specified in charter)

           Nevada                     000-25416                20-3014499
 ----------------------------    ------------------------   -------------------
 (State or other jurisdiction    (Commission File Number)     (IRS Employer
     of incorporation)                                      Identification No.)

                        14255 U.S. Highway 1, Suite 2180
                            Juno Beach, Florida 33408
                    ----------------------------------------
                    (Address of principal executive offices)

                                 (561) 868-2071
             ------------------------------------------------------
               Registrant's telephone number, including area code:

                                 Not Applicable.
          --------------------------------------------------------------
          (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

|_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13e-4(c))
Item 2.01 Completion of Acquisition or Disposition of Assets

      Item 2.01 On October 8, 2005,  the Company  entered  into an MOU with Dark
Horse Exploration,  Inc., a Wyoming corporation, for the drilling and production
of oil and gas wells on mineral  leases  consisting  of 4000  acres in  Northern
Utah. A copy of the Memorandum of  Understanding  is attached  hereto as Exhibit
9.01(a).  Pursuant to this  Memorandum  of  Understanding,  a new joint  venture
corporation will be established by the parties.  UPDA will re-invest  profits of
up to One Million  Dollars  ($1,000,000.00),  into the joint venture in order to
continue well drilling and expansion of production. As a result of the Company's
investment,  Dark Horse will assign the Joint Venture entity to be  established,
oil & gas leases  covering  Four  Thousand  (4000) acres  containing 5 producing
wells in Utah.  UPDA will be the owner of Sixty percent (60%) of the outstanding
shares in the joint  venture  entity which is being  managed by the  experienced
geologists and  professionals  of Dark Horse, the holder of Thirty percent (30%)
of the  outstanding  shares.  In  consideration  of a  commitment  to invest One
Million  Dollars  ($1,000,000.00),  of which One Hundred Fifty Thousand  Dollars
($150,000.00)  has been delivered,  Masaood Group Ltd. and Rene Kronvold will be
the owner of Ten percent (10%) of the outstanding shares. The Board of Directors
of UPDA considered this joint venture and determined that it was consistent with
its  business  model.  UPDA will receive its portion of the profits in the joint
venture in  proportion  to its  ownership  therein and will  incubate  the joint
venture as set forth in its business model.

Item 9.01 Attachments

9.01(a) Memorandum of Understanding

Date: October 11, 2005                 Universal Property Development and
                                       Acquisition Corporation

                                       /s/
                                       -----------------------------------------
                                       Kamal Abdallah, President
                                       Principal Executive Officer