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Respondents.

)

NOTICE:

THIS ORDER IS EFFECTIVE IMMEDIATELY

EACH RESPONDENT HAS 10 DAYS TO REQUEST A HEARING

EACH RESPONDENT HAS 30 DAYS TO FILE AN ANSWER

The Securities Division (“Division”) of the Arizona Corporation Commission (“Commission”)

alleges that Respondents Yucatan Resorts, Inc., (d/b/a Yucatan Resorts, S.A.), Resort Holdings

International, Inc., (d/b/a Resort Holdings International, S.A.), World Phantasy Tours (a/k/a Majesty

Travel and Viajes Majesty), Michael E. Kelly, and Lori Kelly have engaged in or are about to e ngage in

acts, practices, and transactions that constitute violations of the Securities Act of Arizona, A.R.S. § 44-

1801 et seq. (“Securities Act”), and that immediate action is required in the name of public welfare.

I.

JURISDICTION

1.

The Commission has jurisdiction over this matter pursuant to Article XV of the Arizona

Constitution and the Securities Act.

II.

RESPONDENTS

2.

Respondent

Yucatan

Resorts,

Inc.,

d/b/a

Yucatan Resorts,

S.A.,

(“YUCATAN”), is an

international corporation operating a purported timeshare program based out of Cancun, Mexico. The

company’s last known United States business address is 3222 Mishawaka Avenue, South Bend,

Indiana, 46615, along with mailing address P.O. Box 2661, South Bend, Indiana, 46680.

3.

Respondent Resort Holdings International, Inc., d/b/a

Resort Holdings International, S.A.,

(“RHI”), is a YUCATAN affiliate and the primary distributor for the YUCATAN timeshare program. In

this capacity, RHI provides promotional services and is responsible for the recruitment of YUCATAN

sales agents. RHI’s last known United States business address is also 3222 Mishawaka Avenue, South

Bend, Indiana, 46615, along with mailing address P.O. Box 2661, South Bend, Indiana, 46680.

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