Universal Apparel Company, a subsidiary of Drake Gold Resources Inc. (DKGR:OTC), provides an update on their Attendance
January 12 2015 - 10:41AM
InvestorsHub NewsWire
Universal Apparel Company, a
Drake Gold Resources Inc. (DKGR:OTC)
subsidiary, is evaluating its strategy for attending both trade
shows and conferences for the current year. According to Mr. Kabir,
CEO of Drake Gold Resources Inc., there are a number of trade shows
and conferences occurring throughout the year which will
provide a perfect venue to introduce our products as well as
to forge relationships with new clients. Previously, we had
great success from attending these shows. As a result, we
have begun evaluating possible attendance at several major trade
shows that will benefit our company including the “MAGIC” show and
also the “OFF PRICE” show. The Magic Show
(www.magiconline.com)
will be held from February 17th to February
19th in Las Vegas. The Off Price Show
(www.offpriceshow.com)
will be held from February 15th to February
18th also in Las Vegas.
Drake Gold Resources Inc.
(DKGR:OTC)
has cancelled 10,075,000 preferred shares belonging to Kairul Kabir
in exchange for a convertible note in the amount of $175,000. The
purpose of this transaction was to limit the possible dilution that
the preferred shares, if converted to common shares, would have on
existing shareholders.
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
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