UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___________)*
United Ventures Group, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
913146106
(CUSIP Number)
April 5, 2000
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ]Rule 13d-1(b)
[ X ]Rule 13d-1(c)
[ ]Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
CUSIP No. 913146106 Page 1 of 1
1.Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Allstate Financial Corp.
54-1208450
2. Check the Appropriate Box if a Member of a Group
(a)
(b)X
3.SEC Use Only
4.Citizenship or Place of Organization
Virginia, United States of America
Number of 5.Sole Voting Power : 4,000,000
Shares
Beneficially 6.Shared Voting Power: None
Owned by
Each Reporting 7.Sole Dispositive Power: 4,000,000
Person With
8.Shared Dispositive Power : None
9.Aggregate Amount Beneficially Owned by Each Reporting Person
4,000,000
10.Check if the Aggregate Amount in Row (11) Excludes Certain Shares
Not Applicable
11.Percent of Class Represented by Amount in Row (11) 5.85%
12.Type of Reporting Person
CO
<PAGE>
General
Item 1.
(a)Name of Issuer
United Ventures Group, Inc.
(b)Address of Issuer's Principal Executive Offices
30-00 47th Avenue
Long Island City, NY 11101
Item 2.
(a)Name of Person Filing:
Allstate Financial Corporation
(b)Address of Principal Business Office:
8180 Greensboro Drive, Suite 525.
McLean,VA 22102
(c)Citizenship or Place of Organization
Virginia, United States of America
(d)Title of Class of Securities
Common Stock
(e)CUSIP Number
913146106
Item 3. If this statement is filed pursuant to section 240.13d-1(b)
or 240.13d-2(b) or (c), check whether the person filing is a:
(a)[ ]Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o).
(b)[ ]Bank as defined in section 3(a)(6) of the Act (15 U.S.C.
78c).
(c)[ ]Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d)[ ]Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C 80a-8).
(e)[ ]An investment adviser in accordance with section
240.13d-1(b)(1)(ii)(E);
(f)[ ]An employee benefit plan or endowment fund in accordance
with section 240.13d-1(b)(1)(ii)(F);
(g)[ ]A parent holding company or control person in accordance
with section 240.13d-1(b)(1)(ii)(G);
(h)[ ]A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)[ ]A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j)[ ]Group, in accordance with section 240.13d-1(b)(1)(ii)(J).
<PAGE>
Item 4. Ownership.
(a)Amount beneficially owned: 4,000,000 Shares.
(b)Percent of class: 5.85.
(c)Number of shares as to which the person has:
(i)Sole power to vote or to direct the vote: 4,000,000.
(ii)Shared power to vote or to direct the vote: None.
(iii)Sole power to dispose or to direct the disposition of:
4,000,000.
(iv)Shared power to dispose or to direct the disposition of: None.
Item 5. Ownership of Five Percent or Less of a Class
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company
Not Applicable
Item 8. Identification and Classification of Members of the Group
Not Applicable
Item 9. Notice of Dissolution of Group
Not Applicable
<PAGE>
Item 10. Certification
(a)The following certification shall be included if the statement is
filed pursuant to section 240.13d-1(b):
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired and
are held in the ordinary course of business and were not
acquired and are not held for the purpose of or with the effect
of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose
or effect.
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
Date : April 13, 2000
Allstate Financial Corporation
________/s/____________
By: C. Fred Jackson
Its: Secretary/Treasurer
