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Tuesday, September 16, 2014 8:38:49 AM
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:
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:
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:
http://investorshub.advfn.com/boards/board.aspx?board_id=7516
Make your investment/trading decisions on your own; do not rely on The_Pink_Lawyer or 10Baggas
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