Universal Apparel and Textile Co. (DKGR)

[Lurch16]

From the Drake website; FYI



Wednesday, 18 February 2015

Drake Gold Resources Inc. (OTC:DKGR) completes its Quarterly Report for the Period Ended December 31st, 2014.


Drake Gold Resources Inc. (OTC:DKGR) is pleased to announce that it has completed its quarterly report with financials for the period ended December 31st, 2014.

Revenues were $457,690.90 with a net income of $12,861.20 for the quarter which brought the annual revenue to $1,861,871.97 with net income of $53,321.50. Mr. Kabir, CEO of Drake Gold Resources Inc. (OTC:DKGR), commented, "the primary reason for our net income being relatively low was the rising cost of manufacturing since we didn't have our own factories resulting in the need to outsource production. This will be remedied since we are now in the process of acquiring a factory.”