Universal Apparel and Textile Co. (DKGR)

[munimi]

Again, Math and Facts don't lie ...

But stinky pinky CEOs do , all the time!

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

O/S = 963 mil. shrs
A/S = 1 Billion shrs
Convertible Notes= $192,000 total (w/ 65% discount of the lowest price , w/$20,000 accrued interest) = upcoming 500million shrs dilution = Inescapable Reverse Split or A/S increase

You folks do the math

Here it is;

facts still don't change, maxed out 1 Billion A/S and 500mil. shrs worth of convertible debt= inescapable A/S increase or RS


200 million shrs freshly diluted and maxed out the 1 billion A/S

lets not forget the $192,000 Convertible debt(w/ $20,000 accrued interest) which has a discount of 65% of the lowest price , equals to 500 million shrs, yet AS has no room left for the upcoming dilution

You don't need to be a rocket surgeon :) to see the Reverse Split or A/S increase coming

Last 10-Q filing explains it all.
https://backend.otcmarkets.com/otcapi/company/financial-report/221953/content

So, people new to this be careful...
This is a self enrichment scheme run by a Bangladeshi CEO

CEO Mhabulububbulubul Kabir (also known as "The Bubble" ,LOL ) 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
:)