Universal Apparel and Textile Co. (DKGR)

[blowout]

issued and outstanding 861 million shares from Balance sheet up to the end of June 2012




DRAKE GOLD RESOURCES, INC.
(Developmental Stage Company)
Statement of changes in Stockholder's Equity
For the Six Months Ended June 30, 2012
Preferre
Shares
Beginning Balnce
31-Dec-07 0
Net Loss -FYE 12/3 1/08
Net Gain - FYE 12/3 1/09
Net Loss -FYE 12/3 1/10
Net Loss -FYE 12/31/11
Shares sold -3/3 1/12
Shares sold - 6/30/12
Net Loss for the 6 Months
Ended 6/30/12
Deficit
Additional Accumulated
Common Stock Paid-in During the
Shares Amount Capital Developmental Stage
816,156,800 $ 81,615.68 $ (558,146.95) $ 219,221.99 $
(230,796.96)
310,623.31
(11,141.92)
(9,484.82)
27,000,000 2,700.00 5,300.00
18,000,000 1,880.00 16,920.00
(29,987.45)
861,156,800 $ 86,195.68 (552,846.95) $ 248,434.15 $
TOTAL
(257,309.28)
(230,796.96)
310,623.31
(11,141.92)
(9,484.82)
8,000.00
18,800.00
(29,987.45)
(201,297.12)