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OECI RADAR IT.Its been creeping up. And company has a good story.
FCCN looks like it will be selling off.
Drinks Americas Launches Operation of Joint Distribution Venture With Beyer Farms/Tuscan Dairy
Tuesday January 9, 7:00 am ET
WILTON, CT--(MARKET WIRE)--Jan 9, 2007 -- Drinks Americas Holdings, Ltd. (OTC BB:DKAM.OB - News), a developer and marketer of premium beverages associated with renowned icons, has launched operations of its joint venture with Beyer Farms, Inc./Tuscan Dairy, New York's largest dairy distributor, for the marketing, distribution, delivery, and merchandising of Drinks Americas' non-alcoholic beverage products in the New York metropolitan region.
Beyer/Tuscan delivers milk and dairy products to over 5,000 customer locations in the metropolitan New York market, including New York City's five boroughs, Long Island, Westchester, and New Jersey. Drinks Americas will merge its current non-alcoholic sales and merchandising resources with the joint venture operation.
Beyer/Tuscan is in the process of securing regulatory approval and licensing to become a beer distributor for the delivery of Drinks Americas' Rheingold Beer to its customer accounts. Rheingold Beer was introduced in New York in 1831 and was purchased by Drinks Americas in October 2005.
Patrick Kenny, President and Chief Executive Officer of Drinks Americas, stated, "Our non-alcoholic beverage business is an integral part of our growth strategy. As we associate well-known icons with our brands, we emphasize exceptional taste and high quality packaging to over-deliver on consumers' expectations of our products. We expect continued sales growth as we rollout our Newman's products on a national basis.
"Our joint venture with Beyer/Tuscan provides us the strategic advantage of our own proprietary route to market in a large and fragmented market of metropolitan New York. It will also be a major advantage in our re-launch of Rheingold Beer over the next couple of months."
Henry Beyer, Chief Executive Officer of Beyer/Tuscan, stated, "I am very excited to combine the resources of our company with the sales and merchandising team of Drinks Americas. The joint venture should become an important part of our business and an additional way for us to service our customers."
About Drinks Americas
Drinks Americas develops, owns, markets, and nationally distributes alcoholic and non-alcoholic premium beverages that are often associated with renowned icon celebrities. Drinks' portfolio of premium alcoholic beverages includes Donald Trump's Trump Super Premium Vodka, Willie Nelson's Old Whiskey River Bourbon and Bourbon Cream. Drinks non-alcoholic brands include the distribution of Paul Newman's Own Lightly Sparkling Fruit Juice Drinks and Flavored Waters.
Other products owned and distributed by Drinks Americas include award-winning Damiana Liqueur and Aguila Tequila from Mexico, Cohete Rum Guarana from Panama, and Rheingold Beer. Damiana, Old Whiskey River, Aguila Tequila and Cohete Rum are Gold and Silver Medal award winners respectively from the International Beverage Tasting Institute and the San Francisco International Wine and Spirits Competition. For further information, please visit our website at www.drinksamericas.com.
Eyes on Dkam if it can gain its mometum
DYSL (OTC/BB $1.60) 2007 EPS Estimated At $0.18-0.22
• 2006 Sales +37% vs 2005
• 2006 Profits +166% vs 2005
• 2006 EPS of $0.10 vs 2005 of $0.04
• Management projects 2007 Sales growth of 40-50% from EMF acquisition alone
• Additional robust sales growth from existing business units expected in 2007
• 2007 EPS should increase at a higher rate than sales growth
• 2007 EPS likely in range of $0.18-0.22
• Pullback from $2.00/shr in recent days on consolidation of gains from price breakout
• Possible attractive entry point at a low multiple of estimated 2007 EPS
• Technical resistance levels: $4.00 (from 2001) and then $6.00 (from 1997)
• Real company with real profits and long operating history (founded 1960)
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