Universal Apparel and Textile Co. (DKGR)

[FroMagic]

DKGR: The Latest News & Results (updated)

Universal Apparel and Textile Company is a vertical marketer, manufacturer, and distributor of high quality branded and private label activewear apparel. DKGR specializes in selling a variety of casual and athletic wear tops and bottoms, embellished and unembellished T-shirts, and fleece products for the ever-changing apparel market.

Read All News: www.universalapparelusa.com/news_

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DKGR Apparel Shipments: (Verified by Panjiva.com) https://panjiva.com/Universal-Apparels-Co/29031509

[ DKGR product tracking. Panjiva offers tracking of DKGR apparel containers as they arrive in US ports & delivered to customers. It's a great free tool to keep up to date on the latest big order arrivals. ]

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Universal Apparel & Textile Company (DKGR:OTC) Receives A Massive Contract For Spring And Summer Clothing.

October 30, 2018

Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that it has received a series of large purchase orders from a wholesaler for spring and summer clothing. The accumulative value of these orders is approximately $1 million but the follow on sales could be in the multimillions. The production of these items will begin immediately with first delivery expected by the year’s end.

Mr Kabir, CEO of Universal Apparel, states, “We are extremely excited about obtaining a contract of this value from a single customer. This will keep our oversees factory busy until the late summer of 2019. We continue to experience strong momentum in our sales as we increase our market shares in all sectors of the clothing industry.”

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August 11, 2018

DKGR 2018 Q2 Results:

Revenues: $522,135
Cost of Goods Sold: $507,929
Gross Profit: $14,206
Operating Expenses: $4,747
Net Income: $9,459

CASH ON HAND AT END OF PERIOD: $84,349

LONG TERM DEBT / NOTES PAYABLE: $39,746

As of the quarter ended June 30, 2018, the capital stock of the company was as follows (OTC.com):

Number of shares authorized: 1,000,000,000
Number of shares outstanding: 606,640,437
Float / Freely tradable shares: 235,988,385

** Mahabubul Kabir (CEO) holds 370,000,000 of the outstanding shares.

https://www.otcmarkets.com/stock/DKGR/overview

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Universal Apparel & Textile Company (DKGR:OTC) Receives A Purchase Order For Both Thermals and Long T-Shirts

June 11, 2018

Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that it has received a purchase order from Source of Apparel Inc. to produce 40 HQ container loads of thermals and long sleeve t-shirts. The thermals and long sleeve t-shirts will me made out of 30 single ring span yarn and 20 single auto core open-end yarn respectively. This order will generate in excess of $100,000 in revenue for Universal Apparel.

Mr. Kabir, CEO of Universal Apparel and Textile Company, states, “we are very excited to receive this purchase order. We are fortunate to serve this customer for the last several years. Due to our on time delivery and strict quality controls, we receive repeat orders from this customer and others. There is a high probability that every American has worn at least one of our products.”

Source of Apparel is a well-established, garment company which sells products under the brand name of “NOIZ” and “Beat & Rhythm”. These brands are very popular in both the African American and Hispanic communities. They primarily supply chain stores, beauty supply stores and to other smaller wholesalers all over the USA. Universal Apparel manufactures well over a million dollars worth of revenue producing products each year for this customer.

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Universal Apparel & Textile Company (DKGR:OTC) Provides A Production And Delivery Update

June 6, 2018

Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that it has delivered another container load of T-shirts produced for Cotton Connection (www.cottonconnection.com) . Cotton Connection sells their products under the brand name of “Cotton Plus” and has been a long term client of Universal Apparel. This is the second container of T-shirts that Universal Apparel has manufactured for them within the last sixty days as they are strongly demanded by retail customers. Currently, another container of T-shirts is in production with projections of doing another three containers of winter apparel with Universal Apparel before the end of the year. Universal Apparel will generate close to a million dollars in revenue this year alone from this one client.

Mr. Kabir states the following, “our factories are close to full production to keep up with demand. We are becoming a household name and a dominant force in the urban wear clothing segment.”

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Universal Apparel & Textile Company (DKGR:OTC) Develops A Line Of Clothing In Collaboration With Famous Music Producer, Sheldon Harris A.K.A. "Teflon the Producer".

May 30, 2018

Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that it will begin development of a line of clothing in collaboration with music producer, Sheldon Harris also know as “Teflon the Producer”.

The line shall consist of urban wear for the fall collection of 2018 but will be unique and distinctive in its design.

Teflon the Producer has many music hits such as “ Who’s that Girl” by Eve and “Ruff Ryders”. In addition, he has also has wrote songs for the hit TV show on FOX, “Empire”. He was recently in the studio with Reggae superstar, Shaggy and rock legend, Sting to produce their new duet, “Get back my baby” which is one of the mainstream tracks on their new album 44/876 that has been a huge success worldwide.

Teflon has his own unique style of ripped jeans and cool T-shirts and he believes that Universal Apparel would be a great partner in his clothing endeavor and is pleased that this partnership will make his vision of urban fashion accessible to main street shoppers. The name of the clothing line has not been decided.

Mahabubul Kabir, CEO of Universal Apparel & Textile Company (DKGR:OTC), states, “we are very excited to join forces with such an icon in the Hip Hop community. We believe Teflon the Producer will represent our brand and take us to new heights utilizing the exposure of his music domestically and abroad.”


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May 23, 2018

DKGR 2018 Q1 Results:

Revenues: $208,278
Cost of Goods Sold: $201,964
Gross Profit: $6,314
Operating Expenses: $1,699
Net Income: $4,615

CASH ON HAND AT END OF PERIOD: $14,560

LONG TERM DEBT / NOTES PAYABLE: $32,746

As of the quarter ended March 31, 2018, the capital stock of the company was as follows:

Number of shares authorized: 1,000,000,000
Number of shares outstanding: 606,640,437
Float / Freely tradable shares: 235,988,385

** Mahabubul Kabir (CEO) holds 370,000,000 of the outstanding shares.

https://www.otcmarkets.com/stock/DKGR/overview

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Universal Apparel & Textile Company (DKGR:OTC) Receives Denim and Twill Cargo Pants Orders

May 16, 2018

Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that it has received new purchase orders for denim long pants and cargo short pants from a large wholesaler. The pants will use all cotton, medium weight, twill fabrics with a five pocket design as well as with matching color belts. These pants will be available in solid colors and camo print fabrics which should be popular in the upcoming back to school season.

Mr Kabir, CEO of Universal Apparel, states the following, “ this is a repeat pants order from this wholesaler. We have delivered to them several containers of short khaki pants at the beginning of this year. The wholesaler is very fashion-oriented so that the colors and styles that they have chosen are in demand this year and it is expected that we will produce several additional containers worth of cargo short pants and long pants for them in the future hopefully becoming their sole supplier.”

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May 9, 2018

DKGR 2017 Full Year Results:

Revenues: $1,990,386
Cost of Goods Sold: $1,969,120
Gross Profit: $21,266
Operating Expenses: $66,398
Net Income: -$45,132


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Universal Apparel & Textile Company (DKGR:OTC) announces to create wardrobe for TV host Mike Sherman for an upcoming TV show.

April 3, 2018

Universal Apparel & Textile will create wardrobes for Mike Sherman & co host for he's new TV show "Before the Fame” that is scheduled to debut this fall on broadcast television in Miami and other selected markets throughout the country.

Mr. Kabir, CEO of Universal Apparel, states, “Mike Sherman is excited to work with us. He believes we are a perfect fit to create he's style. This new venture will allow Universal to design and manufacture branded products for stars and celebrities. Mike is also in discussion with us on he's own apparel line, such as trendy T-shirts, backpacks, hoodies, jeans, and footwear. “

When you are In front of the camera you must feel conformable in your attire and Universal Apparel has the right blend of style and capability says "Mike Sherman" the host of " Before the Fame". When your sitting down with todays' pop stars such as Fat Joe, Dj Khaled, Flo Rida you have to look the part!

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DKGR Corporate Update

Feb 19, 2018

Universal Apparel & Textile Company (DKGR:OTC) Provides A Corporate Update

Universal Apparel & Textile Company (DKGR:OTC) is pleased to provide a corporate update. In 2014, Universal Apparel Company, an Illinois corporation, was bought by Drake Gold Resources Inc., a publicly traded company, making it a wholly-owned subsidiary. Mr. Mahabubul Kabir was then appointed as the CEO and has managed all aspects of the company since then. All previous officers and directors of Drake Gold resigned with absolutely no involvement with the company whatsoever. Universal Apparel Company was and still is a vertical manufacturer , importer and distributor of textiles, apparels and accessories. Since the companys core business is apparel and textiles, in 2015, Drake Gold changed its name to reflect the focus of its main asset and the ensuing direction of the company to Universal Apparel & Textile Company.

Since Mr. Kabir became CEO, Universal Apparel has had continuous revenue growth with profits. It strategically selected Bangladesh for production because it has the lowest cost of labor in the global manufacturing environment. The demand for its products has steadily increased and is now greater than it has ever been. As such, some factories in Bangladesh are working on its products exclusively and with overtime.

In 2017, we planned on buying a medium sized manufacturing facility in Bangladesh to have more control over costs. This was delayed but we expect to close on the acquisition this calendar year.

Universal Apparel will be revamping its ladies product lines. The focus will now be on junior tops and stretch denim jeans with the gradual introduction of other high end garments.

Market research shows that online retail sales are growing exponentially. In 2016, Universal Apparel planned on having an online retail clothing store to sell high end PK polo shirts and washed denim jeans. This endeavor was delayed but will be implemented this calendar year. It is expected to dramatically increase revenue.

Universal Apparel also intends to increase its sales force. It is in negotiations with a number of entities in the West Coast for joint ventures to combine sales initiatives. As a result, it will hire several sales and marketing personnel in the cities of Los Angeles and New York.

Universal Apparel has its corporate office in Aurora, IL. Aurora is 30 miles west of downtown Chicago. It is finalizing negotiations with a real estate company to have a new corporate address soon and in a much larger space.

Mr Kabir, CEO of Universal Apparel, states, we had an excellent year in 2017 and we are entering 2018 with a backlog of work. Our factories in Bangladesh are working 15 hours shifts to meet current demand. We are continuously booking new orders from our existing customers and acquiring new ones.

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