Universal Apparel & Textile Company (OTCMKTS: DKGR) is making a highly explosive move up the charts in recent weeks off its $0.0002 lows to recent highs near a penny. The stock has quickly attracted a huge shareholder base which has transformed DKGR into one of the top most traded stocks on the OTC.
DKGR is a really exciting that loves to run; the company is already booking significant revenues and announcing large purchase orders.
Universal Apparel & Textile Company is a vertical marketer, manufacturer, and distributor of high quality branded and private label activewear apparel. We specialize in selling a variety of casual and athletic wear tops and bottoms, embellished and unembellished T-shirts, and fleece products for the ever-changing apparel market. The company is focused on broad distribution of apparel products to specialty and boutique stores, high-end and mid-tier retail stores, sporting goods stores, screen printers, and private label accounts. In addition, certain products are sold in college bookstores and to the hospitality industry.
DKGR is successful and growing rapidly, because they can custom manufacture for mass merchandisers, wholesalers, and can produce consumer brands. Universal now can produce the volume needed to sell to major warehouse club stores in the U.S. Also, Universal does not use middlemen, dealing directly with its markets, which is key to profitability. Many of the materials are imported quota free into the U.S. Combine these advantages with a strong, experienced management team, excellent profit margins, and sales growth year-in, year-out
On December 10 DKGR announced it has received additional large purchase orders for the upcoming spring and summer season. Some of the items include, but are not limited to: 100% cotton men’s t-shirts, men’s denim long & short pants as well as men’s cotton underwear garments. These orders primarily originated from the company’s long term clients such as “Source of Apparel” of Morton Grove, IL., a large wholesaler and distributor of men’s clothing.
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Furthermore, the company is receiving constant inquires for new product development from both our existing clients as well as new ones who want access to our factories in Bangladesh. As the cost of working in China is rising rapidly, more U.S. companies are finding Bangladesh a safe manufacturing alternative. Updates will be forthcoming.
DKGR CEO Mahabubul Kabir said:
“These are very exciting times for us. We have multiple shipments coming to US ports in both New York and New Jersey over the next few months. Our customers are extremely pleased with our timely shipments and the quality of our products which has brought us repeat business and many referrals. We will be able to boast in the next year that almost every American family has a piece of our clothing in their wardrobe.”
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Currently trading at a $1.5 million market valuation DKGR has little assets, is virtually debt free and reported $1,142,594 in sales for the 9 months ended September 30, 2018. DKGR is an exciting story developing in small caps; DKGR is already booking significant revenues and announcing large purchase orders and the stock has runner in its blood, a tight float and massive liquidity. We will be updating on DKGR when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with DKGR.
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Disclosure: we hold no position in DKGR either long or short and we have not been compensated for this article.