Panache Beverage Inc. (fka WDKA)

[thesmalls]

seller was holding strong at the $0.045/0.046 level but just dropped their ASK to $0.038. could be due to BID dropping as well that has been consistently at $0.035.

i had been consistently above the $0.035 up until recently and took whatever shares people wanted to sell. been buying some others that are going on sale.

looks like the website has been redesigned to drive more revenue through the distillery side and also to get back to their roots with Wodka and Alibi.

they should actually show some decent numbers if/when they start filing again (even if it is limited filing on pinksheets.com). since they have removed all of the useless overhead with past mgmt team and looks to have ramped up some Wodka sales again - it will only take incremental gains on the distillery side to bring them into the black.

big question is how vested Consilium is in the long term turn around/ramp up. if they remain committed, this could end up being one heck of an investment at these levels. wouldnt take much to put this right back in that $0.30-$0.40 range prior to the collapse.

if the ASK drops back down into the low $0.03s again - i will probably start buying aggressively again.