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  4. Universal Apparel & Textile Company (DKGR) Message Board

Hi Guys, just to give you an update, I have just g

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Posted On: 12/13/2012 11:17:25 AM
Posted By: happycampers

Hi Guys, just to give you an update, I have just got off the phone with Peter and  things are going forward. My impression is Peter is putting one foot in front of the other - moving things forward in a way we can realistically do and is has a realistic picture going forward. I have asked him for Chris to give us steady oil production updates, which I think we will soon be seeing. Peter is hoping to have 10 wells in production by the end of Feb.  He is being approached by other people, but NO money on the table, then go away til you have some , which I TOTALLY agree with ! Parker is supposed to go PUBLIC in Jan. which will then open up more revenue in Feb/March.  He does not want to issue shares down here and just grow organically til the RIGHT JV's come along. I agree fully with his approach, but for anyone wishing to hit the "jackpot" over night, well DKGR may not be for you ! DKGR WILL grow, but at it's own pace. At these prices and with an willingness to give them time, I think most shareholders will be well rewarded in the long run. JMHO



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