Universal Apparel and Textile Co. (DKGR)

[medchal]

Kezzek, in the interest of accuracy, I think you are mixing up the terms of the Pennsylvania agreement and the Parker "joint venture" -- not that this will make any difference in the accuracy of your revenue predictions, as there will obviously be no cash revenues under either agreement in the foreseeable future, and there is every reason to believe that the Pennsylvania "Seller" will grow weary of the game and shed its agreement with Drake due to default sooner or later, if it hasn't already done so.

Nevertheless, the laughable agreement to pay $360,000 is part of the Parker agreement only.  The Pennsylvania agreement requires much smaller expenditures, albeit expenditures which there is no reason to believe that Drake will make, since Drake has never made any significant expenditures on anything that might lead to the production of oil, gold, silver, or diamonds.  The only expenditures Drake makes entail the payment of money to insiders, payments for unavoidable expenses, payments for press releases, and, occasionally, nominal up-front payments to facilitate the creation of new agreements which can by hyped by the company.