NEWEALTH US, a Wholly-Owned Subsidiary of Universal Apparel & Textile Company (DKGR:OTC), is pleased to announce that it has appointed ANTHONY SILVEIRA as an Officer of El Encanto Vineyard, one of the few warm water vineyards in the country. The water pumping discharge per minute exceeds 2000 gallons, with water temperatures approaching 84 degrees Fahrenheit, insulating the vineyard from its greatest long term threat , freezing, as had happened in California in 2008 with the freeze causing 70% of crops to be damaged.
Mr. Anthony Silveira, notably one of the country’s most respected viticulturist, will provide a level of commitment to excellence that is second to none. Since becoming a subsidiary of Universal Apparel & Textile Company (OTC:DKGR), the interest in our 5 star winery products, vineyard land and now “Starlight” wine tasting facility has been overwhelming. Adding Mr. Silveira and “Starlight” only enhances and embraces Newealth’s commitment to the public we serve.
Initial orders from Medican Enterprises Inc. (MDCN:OTC)for their 50 cases of “D 420”- labeled, Moscato, wine with a retail value of $7200 commences in approximately 4 weeks. Labeling, licensing and production are all in the works. We expect an initial monthly order of 50 cases and then doubling that quarterly through the first year. The price is based on retail distribution of $12 per bottle for premium Moscato.
MOU’s are signed and contracts are being prepared this week for a collaboration pairing Music Quest Entertainment http://www.musicqe.com/ with Newealth US, for promoting our wine products utilizing our networks including artist endorsements and advertisements. One of our marketing consultants, Gus Redmond, a new and prominent Newealth stockholder, has been preparing this union in conjunction with the vineyard, wine and Natural Food Network all featuring Newealth’s current inventory. We will update shareholders with specific artist announcements shortly.
Newealth has opened its website and will continue to update and enhance the site over the following weeks.
The site www.newealth.us is live and please refer questions or comments to email@example.com .
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