Universal Apparel and Textile Co. (DKGR)

[munimi]

People new to this be careful...

A/S increase or Reverse Split announcement by any day now
This is a self enrichment scheme run by a Bangladeshi CEO

https://backend.otcmarkets.com/otcapi/company/financial-report/221953/content

O/S = 963 mil. shrs
A/S = 1 Billion shrs
Convertible Notes= $172,000

You folks do the math

Bangladeshi CEO is diluting the funk out of this

O/S went up 200mil.shrs to 963mil.shrs (from 763mil)

1 Billion A/S is almost maxed out now, So A/S increase or Reverse Split is likely here, pretty soon I might add.Because $172,000 Convertible debt on the books

All those revenues but barely turn few thousand dollar profits. I think Bangladeshi CEO is pocketing the revenues for himself and telling his accountant to cover up his tracks by cooking the books and showing no profits, clever

Bottomline is, This is a self enrichment scheme for Bangladeshi CEO and his Convertible Debt holder buddy

Stay as far away as possible folks

Ur Welcome
:)