Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that three containers of product are arriving in New York from Bangladesh within the following two weeks. Two of the shipments consist of t-shirts and the other has cargo short pants. The corresponding purchase orders for these products were announced in the fall of last year.
Mr Kabir, CEO of Universal Apparel states, “three of our shipments are coming to New York simultaneously. This is keeping us pretty busy in clearing customs and preparing to deliver to customer’s warehouses. The deliveries consist of spring items for “Source of Apparel”, an Illinois based apparel company and is expected to generate in excess of $350,000 in revenue.
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.