Universal Apparel Company, a Drake Gold Resources Inc. (OTC:DKGR) subsidiary, is pleased to announce that five shipments are arriving in the USA in January from factories in Bangladesh.
Mr. Kabir, CEO of Drake Gold Resources Inc. (OTC:DKGR), states, "we are having a great start to 2015. All of our containers are arriving in U.S. ports on schedule. In fact, we already have a container delivered to a wholesaler's warehouse in Chicago with another two containers in a N.Y. port being cleared by customs. If all goes smoothly, we plan to receive the other two containers this month. The revenues expected to be generated will be in excess of $400,000 . “
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