Universal Apparel and Textile Co. (DKGR)

[Diversified]

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Sebastian River Holdings, Inc. (SBRH) is pleased to announce that it has appointed small-cap market and venture capital specialist, Peter Matousek , as a Director of the Company. Matousek will act as a managing Director and will oversee current business objectives while evaluating opportunities and statements presented by Sebastians previous CEO, Dan Benjamin , for feasibility and overall fit.

As well, the companys majority shareholder, Mark B. Newbauer has agreed to sign as an officer of the company to work with Matousek as strategic alliances are positioned. The two will ensure the company works to harvest operating assets with empirically sound potential for near-term revenues and long-term growth.

As part of the shift in management, the company will divest itself of anything related to Salusoft, Inc. , Synerlife Health Corporation , trading desk operations and the proposed casino as introduced by the former CEO. After due diligence, it was found that these business models were in concept or discussion stages only and would not meet shareholder expectations in terms of overall potential. The company will replace these objectives seamlessly with a partnership focused in oil and gas.