Universal Apparel and Textile Co. (DKGR)

[The_Pink_Lawyer]

DKGR @ .0001 mega DD information:

DKGR, a former gold mining scam run by scammer CEO Matousek, completed, for all intents and purposes, a reverse merger with Universal Apparel Company back in August 2014. It was termed as an acquisition of a "wholly-owned Subsidiary" but the reality is that DKGR essentially became Universal Apparel Company.

See below:

Tuesday, 19 August 2014
Drake Gold Resources Inc. (DKGR:OTC) files its Quarterly Report for the Period Ended June 30th with Consolidated Financial Statements reflecting the Acquisition of its now wholly-owned Subsidiary, Universal Apparel Company.

drakegold.com/blog/view/541/drake_gold_resources_inc___dkgr_otc___files_its_quarterly_report_for_the_period_ended_june_30th_with_consolidated_financial_statements_reflecting_the_acquisition_of_its_now_wholly_owned_subsidiary__universal_apparel_company__

The significance of DKGR becoming Universal Apparel Company is that a director was appointed (he essentially took over the shell/scam DKGR) Mahabubul Kabir. Kabir is a long time entepreneur in the apparel industry. Before Universal Apparel Co of Illinois he had a one-man business called JK Group that also imported apparel from Bangladesh by the container and sold to large retailers in the US. He's an apparel veteran.

Kabir, after having wrested control of DKGR from scammer Matousek, is in process of bringing big business and revenue into DKGR, through Universal Apparel Company. How do we know this? Kabir issued 2 *official* Press Releases, both of which went for the most part unnoticed by traders who knowing the scammy history of Matousek. But what traders/investors failed to notice was that the Press Releases confirm the business of Universal Apparel Company run by Kabir.

The 1st Press Release, issued by Kabir in August 2014, shortly after he took control of DKGR, confrimed that Universal Apparel entered "negotiations with a NYSE-listed, blue chip company interested in placing a large purchase order. . ." The Press Release went on to quote Mr. Kabir stating "Accoring to Mr. Kabir, Director of Drake Gold Resources, Inc. . . We have established both new contacts and relationships with potential big buyers. . . ." See the full text of the Press Release below:

LAS VEGAS, NV, Aug 27, 2014 (Marketwired via COMTEX) -- Universal Apparel Company, a Drake Gold Resources Inc. (PINKSHEETS: DKGR) subsidiary, is pleased to announce its representatives have attended a number of seminars this week at MAGIC (www.magiconline.com) in which current trends and styles were discussed for the upcoming spring and summer season. In addition, Universal Apparel Company also had discussions resulting in strong interest from large distributors. Furthermore, representatives from big box stores asked for the development of samples and prototypes of stylish t-shirts and jeans for the upcoming season. Of particular interest, Universal Apparel Company was excited to enter preliminary discussions with a NYSE-listed, blue chip company interested in placing a large purchase order.

According to Mr. Kabir, Director of Drake Gold Resources Inc. (PINKSHEETS: DKGR), "We have established both new contacts and relationships with potential big buyers at the show. MAGIC was a great place to meet and greet industry leaders. Consequently, we have learned what will be in demand with respect to color and style for the coming year. Once we return from the show, our team will start developing new colors and styles for these respective buyers. In men's casual wear it appears the trend is slanted towards 'V neck' t-shirts with lycra incorporated in it. The round neck t-shirts will still be in demand but with limited growth potential. The colors to be in demand will be khaki, royal blue and kelly green. In women's casual wear, t-shirts consisting of 95% cotton with 5% lycra will be in demand due to its increased flexibility. We are completely equipped to meet the requirements of our customers."

Updates will be forthcoming.

http://www.otcmarkets.com/stock/DKGR/news

To follow that up, yesterday, September 15, 2014 - DKGR through new Director Kabir issued a follow-up Press Release confirming that the "negotiations" mentioned in the 1st Press Release had advanced into "Late-Stage Discussions for a $2 million T-Shirt Purchase Order." Although not mentioned in this 2nd Press Release, when read in conjunction with the 1st Press Release - we know that the $2 million dollar Purchase Order will be placed by a large blue-chip NYSE-listed Company.

This is extremely significant for the following reasons: (1) $2 million in revenues for a stock trading in triple zeros is unheard of! Most triple-zero traded stocks are shells with absolutely nothing going on, much less a real business with million dollar revenues with contracts with NYSE-listed companies; (2) this $2 million dollar purchase order "makes sense" considering Kabir's past experience in the apparel industry and most significantly, that Kabir is Bangladeshi and/or has contacts deep contacts in Bangladesh. We know that Bangladesh is a relatively poor country, but we all know that these poor countries are exactly where large Western NYSE-listed companies outsource to get cheap supplies of clothing, which they then sell in America at a large mark-up paying slave labor wages to the Bangladeshis. Of course, I don't condone paying slave labor wages to anyone, but from an investor standpoint - it makes sense that new DKGR Director Kabir would have ties to Bangladesh clothing factory to manufacture shirts at dirt cheap prices that would be attractive to supply NYSE-listed retailer; and (3) with new DKGR Director Kabir at the helm using DKGR for his Universal Apparel Company this is clearly a turnaround event and under the radar investment opportunity for enlightened investors who can look delve deep into opportunity and past the old DKGR.

See the September 15, 2014 Press Release for youself:

NEWS:Drake Gold Resources, Inc: Universal Apparel Company, a Drake Gold Resources Inc. (DKGR:OTC) Subsidiary, enters into Late-Stage Discussions for a $2 million T-Shirt Purchase Order. M2 Communications "M2 PressWIRE"
Universal Apparel Company , a Drake Gold Resources Inc. (DKGR:OTC) subsidiary, is pleased to announce that it has entered into late-stage discussions with one of the largest wholesalers of garments in the Midwest to supply a large quantity of t-shirts for the upcoming spring/summer season.

Upon completion of discussions followed by a purchase order, Universal Apparel will supply roughly 1 million pieces of t-shirts, utilizing 15-20 container loads, shipped from our factories in Bangladesh , all within a 12 month period. The first container will be delivered in the middle of November , 2014 followed by between 1 to 3 containers in each subsequent month until the end of fall, 2015. These series of bookings alone will generate a total of approximately $2 million in revenue for Universal Apparel with retail value in excess of $5 million .

Mr. Kabir , director of Drake Gold Resources Inc. (DKGR:OTC), is very pleased with this development and is confident that Universal Apparel will get the contract as it has experience in both the manufacturing and importing of t-shirts incorporating both quality and adherence to wholesalers' strict specifications. In addition, this wholesaler has showed interest in the production of other textiles such as boxer pants, A-shirts, thermals and hoodies.

Updates will be forthcoming