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Universal Apparel & Textile Co DKGR

Universal Apparel & Textile Co is a holding company with a current focus on the wholesale apparel industry. The company is a vertical marketer, manufacturer, and distributor of quality branded and private label activewear apparel. It specializes in selling a variety of casual and athletic wear tops and bottoms, embellished and unembellished T-shirts, and fleece products. Universal Apparel & Textile Co has three divisions, Eagle oil, Parker Technologies and Universal Apparel.


GREY:DKGR - Post by User

Post by ontmixitup3on Jul 30, 2007 7:59pm
103 Views
Post# 13173874

re re nice

re re niceIts nice to see the posts are being read! To clear things up regarding the Dividend and the IPO.The dividend is supposed to be paid to Drake owners I believe the distribution is 30,000,000 Drake OIL and Gas to 80.000,000 Drake gold share holders. Its my understanding an IPO will be arranged for Drake O&G I think the suggestion is they will endevour to secure a very good prospect which COULD command at least $1,00 to 1.25 financing so if this happens its easy to calculate the potencial value of 35000 to 37500 shares of the O&G company.However I am reasonably sure there would be a hold on the shares.I hope this clears up what is my understanding of things to come.As for Drake itself it should be creating its own values based on the Jackpot and the other property whos name escapes me for the moment.pLUS THE NEW AND IMPROVED BOARD SHOULD BRING WHATEVER FOLLOWING THEY HAVE TO THE TABLE.
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