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trader53

09/26/14 1:11 PM

#61007 RE: trader53 #61004

DKGR At present, Universal Apparel,
Drake's newly acquired subsidiary, will be the focus of the company.

http://www.drakegold.com/portfolio

Drake Gold Resources, Inc.
purchased Universal Apparel Company
http://www.drakegold.com/home

It was termed as an acquisition
of a "wholly-owned Subsidiary"
but the reality is that
DKGR essentially became
Universal Apparel Company.