From the current filings it appears Peter sold his remaining shares to Cutting edge business services I highly doubt this was anything more than Peter taking what last pennies he could get
Universal Apparel is all kabir's now imo it his to build and increase shareholder value for him (the largest shareholder)and the remaining shareholders or he can run it to the ground we are going to find out for some reason he is spending lots of money to get this company current and a new structure in order glta Traderlong