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Looking good here!
Will we get earnings after the bell?
Will we get earnings after the bell?
Like the company especially since wife is suffering from UTI> Why the huge up swings and heavy reversals?
It may pop but not for your reason of being involved in the ordinance business. It has to do with the sale of their military ordnance division. Read the company's most recent filed 8K with the SEC. Stephen Gurba is selling, which wipe 10Mil in losses from the books.
Doesn't matter what people are saying about this it is the same company that you might have invested in at, 0.04 or 0.055 a week ago. Hold on or wait for a 25-30% up swing and you will still be buying down your base bid... you will see green shortly. Buy it right sell it right.
Where does it say panjiva in the court document? Not one mention. Are you inferring that the bill of lading with JK and our current verifiable panjiva DKGR bill of lading reports are being manipulated? I would ask you then how you know this to be true?
I understand this court filing as the plaintiff and defendant had a dispute with timing of payment and settled debts out of court. Also that Kibar's wife has no fiduciary duty as she was not the true acting President of JK.
Do I think he made some mistakes with JK...YES. I only hope he learned from his mistakes and that he now knows to have legal written contracts and terms of payment.
Your reading comprehension of court documents needs polishing. It does not infer any of those false claims you are making.
On the breakout board last but good volume over the last few weeks. That flipper that bought at .007-.008 is running low on shares.
The bottom, hopefully.
The bottom, hopefully.
ANOTHER SHIPMENT
Website is down. Hopefully will have a nice new website here soon.
Not true. Look at Panjiva which shows a shipping container delivered to the port of Newark on 1/31/2017.
https://panjiva.com/Universal-Apparels-Co/29031509
I can only hope to agree. I have to say that Kibar is smart in that he is keeping the revenue in the company and not paying himself or releasing those preferred shares. Must be the electrical engineer in him that he accounts for every current loss.
Kibar needs to setup some legitimate press releases!!! I think this is setting up for a run and hopefully to 0.10.
Yes, this is a bummer! Probably means Kibar thinks he's doing a good job and paying himself through the sale of his insurmountable privately held company shares. I was hoping he would retire some of those shares, than rather sell them at basement bargan price and pay himself a little and dumping at a sh** price.
What a small timer and small thinker.
I wouldn't call this a bad Year for Drake. Shipment are still coming in, we have positive earnings, and the share price is down but there is some very small buying and selling occurring. I actually have positive earning from DKGR when I bought awaiting my shares to be release by Etrade, I purchase at 0.02 to 0.04 and sold again at 0.08 to 0.10 in April, May and June of this year. You have to take advantage of these share price fluctuation to make it work though. But with that said, I'm still in heavy with 1.5 M share or 14% of this company and down approximately 140,000 USD.
The good new is you can get in cheaper then I did and take advantage of these basement bargain share prices and hope that this will pop someday. Its happened to me before in 2011. That year, I learned what the difference was to own something long vs short that year in my taxes. .
With that said, Mastercraft, I think we have an Engineer at the helm of this ship and hopefully he's well thought out and heck may offer a dividend in the future. Would't that be nice.
MC,
I'm hoping Kabir publishes Drake's Qrt 3 and Qrt 4 earning for 2015 to breath some new life into this company. I think we might have some good earning with all the containers that have been delivered in 2015, but you are right it is all on Kabir's plate now. Let's see if he is as results driven as he claims to be on his website.
Tagus
New shipment delivered on 1/5/2016. https://panjiva.com/Universal-Apparel-Co/29031509
Good News Out on website!
Looks like two more container shipment of garments delivered to the US on 12/17/15.
https://panjiva.com/Universal-Apparel-Co/29031509
Two more shipments delivered.
https://panjiva.com/Universal-Apparel-Co/29031509
Two more shipping containers delivered for Universal Apparel on 9/11/2015 that's 21 in total now.
https://panjiva.com/Universal-Apparel-Co/29031509
To me this stock is heating up. Feels a little like February 2012 when I made $20,000 on this stock when it went from 0.0003 to 0.0095.
850MM on the ask at .0002.
17 Container shipments recorded to date for Universal Apparel. This information is independent of any company posted information and can be found on panjiva. Panjiva helps buyers qualify a list of suppliers, keep track of competitors and current supply chain, track global trade trends, and access shipment data for detailed analysis.
See latest shipping container manifest at the at the bottom of this webpage. https://panjiva.com/Universal-Apparel-Co/29031509
https://panjiva.com/Universal-Apparel-Co/29031509
last shipment manifest 5/8/15
Universal Apparels last shipment of cloths on 5-2-2015
Mark Cotton Plus Style C Neck & V Neck Colro White/ Black Size M 6 Xl Qty 72 Pcs Ctn No 1 656 P. O No T Shirt 2 16 15 Made In Bangladesh Cottonplus Style A Shirt Colro White/ Black Size M 6 Xl Qty 144 Pcs Ctn No 1 52 P. O No A Shirt 2 16 15 Made In Bangladesh
See the bill of lading at bottom of the following webpage.
https://panjiva.com/Universal-Apparel-Co/29031509
This is shipping information on the bill of lading from shipping container no. 4 by Universal Apparel, Th St Rockford Il 61109 Usa.
https://panjiva.com/Universal-Apparel-Co-3305-11/29607101?utm_campaign=website&utm_source=alerts&utm_medium=email
Sadaf Fashions Ltd. 2015-01-24 16,000 kg
Colombo, Sri Lanka ? New York/Newark Area, Newark, New Jersey Garments 100% Cotton T Shirt Inv No Fm/Universal/2014/12 Date 01 12 2014 Exp No 1945 1639214 Date 01 12 2014 L/C No Scb1409212 Chl Date 23 09 2014 This Bl Issued Againest H/Bl No Scltli 142749 By The Silk Lines Ltd . Main Mark Ps 530 Style T Shirt Colro White/ Black Av. Color Size M 6 Xl Qty 24 Pcs Ctn No 1 815 P. O No 140918 Made In Bangladesh Ts 502 Noiz Style R Nec...
Yes, all doubters can see for themselves. I found this through typing Universal Apparel Co Bill of Lading in Google. Go to the Pramjiva website and click Bill of Lading on the bottom container. You need a subscription to few all Universal Apparel Co. shipments.
I splurged on a subscription to Panjiva which claims to be the first and only online information source designed to provide this level of transparency into overseas suppliers.
I see that Universal Apparel company had three containers of BOYS 100 PCT COTTON KNITTED UNDERWEAR BRIEFS with an arrival date of 11/01/2014. 38,164 KG of product or 7259 CTN. I'm not sure if these containers clear US customs yet.
also a container of KNITTED TANK TOP,T SHIRT,BRIEFS,BOXERS,CAMISO
LE on 10/30/2014
Universal Apparel Co. to three customers include:
Liam Imp. Llc
Christopher & Banks
Pvh Corp
This is real and shipment are coming in monthly.
Here is a shipping manifest and bill of lading on imports of 6000kg of T-shirts by Universal Apparel on 5/30/2014. Country of origin is Bangladesh. US Port of Unlading was New York/Newark.
https://panjiva.com/Universal-Apparel-Co-3305-11/29607101
In addition there were two other containers delivered one on the same day and one on 8/10/2014 but I do not have a subscription to Panjive to view the Bill of Lading.
This is independent of any company provided information so it does not appear to be all BS.
Hello,
As Mastercraft says, I've been here a long time as well. I made a good amount of money in 2012 flipping it at its height of .0095 about $20000 worth on a $4000 investment. I'm a real risk taker or some may say just stupid. I invested around $120,000 and currently hold 425,000,000 shares. Just to let you guys know that there probably is no MM play here. That was me buying towards the end of 2013. They do seem to be dumping shares which is discouraging, since I bought most of mine between .0002-.0006. There are real investors here with hard earned money. Hopefully this adds some legitimacy to the play here and I'm holding out to break a million dollar investment and sell on the way up.
New Site Update!
Sunday, 15 June 2014
Drake Gold Resources Inc. (DKGR:OTC) receives the Purchase Order for the supply of Twill Cargo Short Pants in the amount of $400,000.
M. Kabir, director of Drake Gold Resources Inc. (DKGR:OTC), is pleased to announce that, pursuant to the website update dated May 26th, 2014, Universal Apparel Company, a wholly-owned subsidiary of Drake Gold, after extensive negotiations has received a purchase order from the aforementioned large, Illinois wholesaler to supply several containers of Twill Cargo short pants. The purchase order is worth approximately $400,000.
In continuation of this momentum, Universal Apparel Company is now in late-stage negotiations to supply approximately $100,000 worth of high-quality t-shirts to another Illinois wholesaler. This wholesaler has already placed a purchase order of approximately $500,000 earlier this year with Universal Apparel that resulted in the shipment of two, 40 foot containers of t-shirts in addition to one container presently in transit from the factory in Bangladesh.
You are moving the decimal place to much. It was 88 million. Its now 58 million on the ask. Does anyone have any information on this Universal apparel company?
I think they got out of Venago PA, Myers lease because they thought they could come in and turn on the power. Rather than taking shareholders money and invest it in developing the wells they flipped the switch on old technology. They were able to produce some oil and filled the 2x 100 barrel tank two or three times but this didn't cover the expenses. I email Peter several times and he was non responsive. I'm pleased that we have a new leader at the helm. I'm excited about this new technology venture.
Probably some Etrader that bought in at 0.0003 and wants to make a quick $2100. They don't realize that this is going up huge to >0.001 and is going to be kicking themselves by the end of the week.