Universal Apparel & Textile Company (DKGR:OTC) has successfully delivered two container load of shipments to a customer located in the Mid West. The sale of these two containers has generated over $200,000 in revenue. In addition, there is currently an additional order for two containers of T-shirts that are now in production in various factories in Bangladesh.
In October, Universal Apparel & Textile Company (DKGR:OTC) has received a purchase order for four containers of T-shirts from a single customer as well as an additional two containers of T-shirts from another customer in the Mid West. The production of this merchandise will begin immediately with delivery expected as early as January, 2016. The successful shipment of these six containers will generate over $600,000 in revenue for the company.
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.