Drinks Americas Holdings, Ltd. (DKAM)

[Toxic Avenger]

Here's just one note you have to deal with
On September 10, 2014, the Company entered into first amendments with Tide Pool Ventures Corporation (“Tide Pool”) to certain convertible promissory notes in an aggregate principal amount of $200,000, which notes were originally dated November 1, 2012. The notes were originally issued to Worldwide Beverage Imports on November 1, 2012 and subsequently assigned to a third party investor whom Tide Pool acquired these notes. Pursuant to the amendment, Tide Pool agreed to extend the maturity until the first anniversary of the amendments and the Company agreed to amend the notes to include the conversion pricing at 38% of the average of the lowest 3 closing bid prices 10 days prior to the conversion date.

So, break that down.
$200k at 38% of $.0001 = 5.26 BILLION shares that just ONE death spiral can buy and sell to retail for a 163% profit GUARANTEED!

That's ONE note.

Here's another one.
On March 6, 2014 and on March 11, 2014, the Company entered into first amendment agreements (the “Amendments”) with IBC Funds LLC (“IBC”), to certain 8% Convertible Unsecured Promissory Notes (the “Notes”) in the principal amounts of $125,000 and $130,000, which Notes were originally dated as of November 1, 2012 and due May 1, 2013. The Notes were originally issued to World Wide Beverage Imports, LLC (“WBI”) on November 1, 2012. WBI assigned the Notes to a third party from whom IBC acquired the Notes. Pursuant to the Amendments, IBC agreed to extend the maturity of the Notes from May 1, 2013 to March 6, 2015 and March 11, 2015 and to waive, if any, existing or prior defaults under the Notes and the Company agreed to (i) amend the conversion price of the Notes to the equal 35% of the lowest historical traded price of the Company’s common stock.
Another 7 BILLION shares at a 200% guaranteed profit.

And as the guy on TV says, "But wait, there's more". A shit-ton more.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113308690

So don't wonder who is selling at $.0001. The answer is, "Any noteholder who can find a buyer".