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.
The Commission has jurisdiction over this matter pursuant to Article XV of the Arizona
Constitution and the Securities Act.
(“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.
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.