Replies to post #19693 on Universal Apparel and Textile Co. (DKGR)

[medchal]

"You think they will go thru all this trouble and expense for what you called permitting activity and then what?" Then another pumping press release. Applying for permits isn't all that troublesome and expensive, and it will make for a great pump. As to production, I doubt there will be enough gold extracted from the Georgia property that Drake will receive so much as the value of a single ingot. Yes, you have all that "Restricted Stock Payable", and I'm sure those receiving it will want the price as high as possible when they sell it. It does just keep getting better--well, more interesting--doesn't it?

[Chadman]

Why would "they" go to all this trouble and expense to stop? Because "they" can make money doing it, as Medchal so perceptively points out. Quite simple, and "they've" done it before, more than once.

And now we see Clayton is moving on, and will only be a consultant of sorts for the the company? Moving on to his next venture, of course, and still taking consulting benefits from the company. Do you really think he is going to keep all of his money and stock in Drake, which he is moving away from, and not put it into whatever venture he next chooses to be a part of? Pretty unlikely, from a common sense standpoint.

Seems pretty simple to me, really. Of course this could be a real business, but if you look at what they have done "transparently" and how they have done it, it most certainly could NOT be a real business.