Universal Apparel and Textile Co. (DKGR)

[FroMagic]

The Latest DKGR News Releases - Update

http://www.universalapparelusa.com

July 1 - Universal Apparel & Textile Company is pleased to announce that it has purchased Newealth US, Inc., a company that “Empowers and Mobilizes Consumers and Merchants from All Walks of Life NOW.”

Mr. Kabir and Universal Apparel presently produce multiple lines of cost effective, value driven and high quality clothing for the US market, manufactured from its overseas facilities. However, Universal Apparel is still in need of greater US brand recognition and market positioning. As a result, the purchase of Newealth, a company known for its marketing expertise, specifically supporting the growing African American community, will help Universal Apparel to effectively develop products, building brands and capturing a substantial market share of the “Forgotten Dollar.” Newealth’s direct marketing and hands on approach in the inner cities and urban areas is targeting and anticipates serving over 8 million of the 43 million African Americans in the United States, home of the “Forgotten Dollar” as CEO of Newealth Eugene Turner likes to call it. Newealth, along with Universal Apparel, will tap into the $1.2 Trillion of African American buying power, $803 Billion in earning power and over $25 Billion spent in the last year by members of this target market on apparel alone. Mr. Turner calls this synergy, “Love at first site” as Newealth can now provide their own goods to its large African American clientele through direct manufacturing and sales, coupled with job training and placement programs. Very few marriages exist whereas both parties get exactly what they were looking for.

With over $5 million in assets, Newealth has interests in real estate; multiple vineyards; an eco-RV development and USDA labeled natural beef and pork products with an associated processing facility; 7,000 acres of grazing lease and deeded pasture with 400 acres of vineyard farm land with an overly abundant geo-thermal water supply, to support a nationally acclaimed grower and winery; and a multi-agricultural remote controlled (sunlit sliding roof), “grow facility,” engineered for patenting.

The majority shareholder of Newealth, Eugene Turner, will become the new CEO of Universal Apparel & Textile Company. Mr. Kabir will remain as a director and manage the current textile subsidiary.

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June 10 - Universal Apparel And Textile Company (DKGR:OTC) Provides a Corporate Update on its Foray into Medical Marijuana.

Universal Apparel and Textile Company (DKGR:OTC) is pleased to announce that it is moving forward into marketing of Medical Marijuana in addition to Industrial Hemp, cultivating Cannabidiol (CBD). This compound found in cannabis has medicinal effects with reduced psychoactivity which does not make users feel high but an effective treatment for debilitating medical conditions.

Universal Apparel and Textile Company has entered into a joint venture agreement to provide funding for a one acre hydroponics facility with The Now Corporation. The area will be between 40,000 and 43,000 growing space to grow 6,000 plants each harvest (three times per year)v providing a minimum of 2.8 grams of CBD’S up to 6 grams of CBD’S from each flower or plant yielding an estimated 108,000 grams per year.

The CBD oil is extracted through a high-pressured, supercritical, CO2, extraction into a raw CBD oil and further refined to remove plant waxes, than a concentrated CBD batch of the final CBD oil is analyzed through a high pressure liquid Chromatography to qualify its purity.

We estimate our cost at 6 grams per plant to be $13.88 per gram, the wholesale market, retail sellers of CBD Oil purchase a gram of CBD at $75.00 per gram.

CBD’S; Over the course of the past year, CBD oil has quickly become the rock star of the medical marijuana industry because of its ability to treat a variety of conditions without exposing patients to any intoxicating effects.

The Now Corporation is in the process of raising the needed funds for this joint venture and they have been in meetings with interested parties to provide all the necessary funds to move into this highly profitable market. If unsuccessful, Universal Apparel and Textile Company will not proceed.

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June 3 - Universal Apparel and Textile Company (DKGR:OTC) Develops a Slim Fitted, T-Shirt From Carded Yarn And Reports May Shipments

Universal Apparel and Textile Company (DKGR:OTC) is pleased to announce that it has been selected by a large wholesaler to develop a slim fitted, t-shirt using carded yarn for the upcoming spring season. The wholesaler’s target markets are Midwesterners and Southerners since it supplies over 200 retail stores, beauty shops and niche clothing stores within that geographic area.

Mr. Kabir, CEO of Universal Apparel and Textile Company (DKGR:OTC), states, "t-shirt fashion is going through a revolution. People are moving away from the ‘big and tall’ look towards the ‘slim cut, v-neck’. If we prove successful in developing and marketing this new, stylish, colorful, t-shirt, we can easily capture a lion’s share of this market.”

Universal Apparel and Textile Company (DKGR:OTC) is also pleased to announce that, in the month of May, three shipments have arrived in the USA and delivered to customers from our factories in Bangladesh. The revenues expected to be generated from these deliveries will be in excess of $300,000.

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To view all DKGR news releases: http://www.universalapparelusa.com/news_