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DKGR
Universal Apparel & Textile Company
Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that it has delivered another container load of T-shirts produced for Cotton Connection (www.cottonconnection.com) . Cotton Connection sells their products under the brand name of “Cotton Plus” and has been a long term client of Universal Apparel. This is the second container of T-shirts that Universal Apparel has manufactured for them within the last sixty days as they are strongly demanded by retail customers. Currently, another container of T-shirts is in production with projections of doing another three containers of winter apparel with Universal Apparel before the end of the year. Universal Apparel will generate close to a million dollars in revenue this year alone from this one client.
Mr. Kabir states the following, “our factories are close to full production to keep up with demand. We are becoming a household name and a dominant force in the urban wear clothing segment.”
Updates will be forthcoming.
This release includes forward-looking statements, which are based on certain assumptions and reflects management’s current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
