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It's hard to figure.
Is 125,000,000 shares equal to 49% of the company? If there are 500,000,000 now, that has to be cut in half with a reverse to get close to 49%. And how do the convertible preferred shares fit into the equation? I'm sure Cabo and company got a good deal for themselves, but there's not enough info to see where stockholders stand.
J. Patrick Kenny, CEO of Drinks Americas, stated, "The addition of the products to our portfolio supported by the significant production resources provided by Cerveceria Mexicana and Fabrica de Tequilas Finos changes Drinks Americas' business model, supports rapid growth and expansion, and will enable us to reach profitability. We are very happy to have finalized the agreement and begin to focus on the expansion of the Company."
This will be a big deal if Drinks becomes profitable.
Kezzek, Did you just paint a 16 cent trade?
I hope whoever did it has some commission free trades to work with.
There is a John Wayne poster on the front door
of the largest liquor store here in Columbus, GA. He's holding a Rheingold and the caption below reads, "My beer is Rheingold" followed by his signature. The beer is being delivered Monday according to the owner. I didn't realize that DKAM owns all the old artwork and is free to use them in advertising. I bought a bottle of OWR and a bottle of Olifant while I was there.
Actually it does. Read it again.
–adjective, -ver·er, -ver·est.
That's a cut and paste from the definition. Just because you are not familiar with a word doesn't mean it doesn't exist.
Griff...severest is a word. Here's the link
http://dictionary.reference.com/browse/severest
kezzek, was your prediction of 1 to 2 cents
for the first week of trading after the split?
100k volume is not bad.
The same money before the split would have traded 1.5 million shares.
I love the pigeon with goggles on.
He looks like he's got a serious mission ahead and he's ready. I can see a commercial with him crowing "Rheingold" as he takes off, like the Lone Ranger said "Hio Silver" as he rode off. Too bad we have no money for a commercial.
Who would have thought a lizard
could sell car insurance? It would be great if beer drinkers thought of Rheingold every time they saw a pigeon.
...I STILL cannot stop laughing...Duke...
All the way to the bank?
You're right again
It says the company selling is over. I'm guessing they have raised all the money needed and it goes up from here.
Thanks for staying on top of things Mr. Bill. I would have missed that without your keen insight.
Are the boys done selling,
or taking the week off for the 4th? Volume sure has dropped.
That's strange.
My last sale window only shows 1 trade at .0053 for 12,000 shares. Anybody else see the 300k kezzek is talking about?
Here's what has to happen
to justify a .20 pps. Using PKG's figures, $300k per qt overhead and an average of $15 per case profit.
It will take 20k cases per qt to break even (20k x $15 x 4 qts = $1.2 mil overhead).
Another 62,752 cases per qt at $15 per case gets us to the .20 pps at a 15 p/e. (62,752 x $15 x 4 qts = $3,765,129)
According to the 2003 US Census, there were 33,902 liquor stores in the US. If we can sell 10 cases per qt to 25% of them, we are at .20 with the 15 p/e. (8476 stores x 10 cases x $15 per case x 4 qts = $5,085,600) Also, that does not figure in any sales to bars, restaurants or additional countries, which will generate many more case sales.
I believe our p/e will be much higher than 15 as we approach that goal and launch 3 to 4 new products.
So, to answer your question PKG. I do believe it is possible.
PKG, You are wrong.
Savannah Distributing was already the distributor for OWR in Georgia. I had my local store order a case from them over 1 year ago. I also met personally with Patrick. During the meeting, he not only talked about distributors, but knew the names of the individuals at the distributorships that he was working with. I also spoke with Charles Davidson a couple of weeks ago and he was just as informed as Patrick.
Mexcor is using contacts that were already in place and expanding into new areas with their own contacts.
Your post shows me how uninformed you truly are. You are the one who needs to "Call PK and ask him". I have and know the truth.
The largest liquor store in my town,
here in Georgia, has been out of Olifant for over 2 months. The assistant manager drinks it himself and recommends it to customers. He called Empire Distributors in Atlanta to find out why it wasn't available. He was told that it had to be reregistered in the state because of the Mexcor deal and that they had ordered 2 containers of Olifant. I should have asked how many cases are in a container. I will try and find out. He is expecting product within 3 weeks and was pleased to find out that that it was available in flavors.
It seems to me that we are about to have products on shelves in places we've never been before with no interruptions in reorders.
I wish Dre would put out Topless something
to go with the new song on his cd by the same name. How about a sparkling tequila? Even better if it tastes great with Dr. Pepper. I'd hate for us to miss this opportunity.
I'm still in the herd too.
Just fell to the rear. It's hard to keep up hauling all these shares. Besides, unless your the lead goat the view never changes.
Not much longer boys.
I went to my regular liquor store
here in Georgia last night. Old Whiskey River, which had been missing for months, was 6 bottles deep on the shelf. 5 bottles deep when I left. The manager saw me and knew I'd been asking for it. He said he had 6 cases in the back. Olifant and Trump were also 6 deep on the shelf.
I find it odd too griff,
investors aren't flocking here, yet anyway. There was a post up earlier that seemed to be a well thought post that presented a clear representation of what was possible here without any "pie in the sky predictions". What happened to it? Why is it gone?
Phils, 2 things come to mind
1. Volume precedes price.
2. In my business, I buy and sell certain items of value from individuals. Cash is very tight for many people right now. I'm seeing many with immediate needs at the same time that many of my competitors have stopped buying or are offering very little for the item. People are forced to sell because of their situation at the best price they can get on any given day, especially when they have no more time. My guess is that whoever is selling needs cash now and does not have the luxury of waiting.
I also believe that the price will move when they have raised enough cash to cover their immediate need.
It doesn't make sense for Liquor Group
to file a suit like this unless they are having financial problems themselves. Why sue for $1,000,000 only to lose that many times over if this ends their relationship with DKAM? They said others were also behind in getting product to them due to the credit crunch. Will they sue all their suppliers that got caught in the squeeze and alienate them too? Think of the supply and profits from that future supply that they will lose. It sounds like an act of deperation to me.
I operate a small business and have many customers that are behind on payments. The only way I would sue them is if I was about to lose my business. I'm not, so I'm working with them until things get better for them. They will remember that when times are better and I will not have lost the profits from many more years of dealing with them and all the additional customers they send my way.
Kid Rock and Fortune Brands
It looks like Fortune Brands is all over Kid Rock. I'm sure they are aware of his beer coming soon with Drinks. It makes me wonder if they'd like to own his beer one day.
http://press.jimbeam.com/press/theredstag
Several appointments to tend to?
Mrs. Calhoun called and said you threw her newspaper on the roof. You need to go take her another one. Hurry back.
Hey Duke...You can stop now
The market's closed. Nobody can buy now, so take some time off from talking people out of buying.
We'll see you back bright and early Monday.
I'm one who believes the stock is going much higher.
I don't know when it's going, but I'm confident it will. I have been accumulating shares on the bid for some time as are many here. There is no need moment to pay the ask. The numbers aren't there to bring a fresh group of buyers, neither are the products out yet to cause the price to begin to rise. It makes sense to me, as also to many others, to sit on the bid and buy shares from those who are selling for what ever reason. My point is that right now paying the ask isn't necessary because momentum created cannot be sustained. The day is coming though when paying the ask will make sense and at that point, we all can decide whether to add more or ride the position that has been accumulated. It is obvious to me that there are several here who watch this stock and every post very closely. These guys will be part of the ones who have to pay the ask when it starts moving up. I for one am grateful for their constant negative posting. They have helped me to accumulate my position by sitting on the bid. Keep up the good work fellas.
Here's my guess as to what's going on:
DKAM was found to be trading on several European exchanges without the company's approval. It is my contention that those trading on those exchanges were only there to naked short the shares. The theory is to put massive short selling pressure on a thinly traded stock and try to drive it to zero. Once the price gets close to zero, the company cannot use their stock to get financing. Usually money is tight with these targeted companies and this move could force them out of business. This event is what the nakeds want. There is no taxable event since there is no buy to balance the short sale and the illegal deeds are never exposed since the company no longer exist. What makes it even better is the naked short sales never showed up on the reported short sales in this country.
On the other hand, the exchanges that allow naked shorting of OTC stocks have their limits, especially if the stock begins to move up. At that point the nakeds are forced to begin covering with real shares. It becomes a game of musical shares with everyone scrambling to find a cover. What if there are 5,000,000 shares or more that need to cover? Imagine what that does to the share price. Imagine what it would do if Kid Rock presales were announced and a throng of new buyers appeared. Not to mention the Violator deals that are about to hit the shelves. This could get ugly for them very quickly.
I guess if I were one of these guys, I would see the window of opportunity closing quickly and feel a strong sense of desperation. I'd do everything I could to drive the price lower, including hammering the message boards nonstop to keep new buyers away and cause as many stockholders as possible to sell. I guess I would even hammer this post too. I couldn't have people even thinking that this might be true.
I happen to believe that this scenario is exactly the case, but that's just my opinion.
Caution, did you really look?
2 minutes on Google and I found this available in New York.
http://store.nexternal.com/shared/StoreFront/default.asp?CS=youngs&StoreType=BtoC&Count1=165447413&Count2=82587838&ProductID=17946&Target=products.asp&utm_medium=cse&utm_source=googlebase
It's these kind of misleading posts that make many here question your intentions. I'm sure you have googled Leyrat Cognac USA and found this information.
uw...So what you're saying is that
you think Rilo is stretching the truth to the positive side, so by misinterpreting the truth to the negative side that makes you guys even? I'm still missing your point. Why are you here?
I don't get you uw86.
Shouldn't you wait until February is over to make this
observation? Does "commence in February" mean February 1 or possibly during the month of February? Surely you realize
that you've stretched your interpretation to cast the most
negative spin possible. If you don't, I want you know that
everyone else here does see it.
Your motivation is what I can't figure.
Hey deest. Was that a clue in your post?
"...out of the blue."
Ok Coop...Funniest post of the year
so far...ROTFLMAO!!!!
I hit the Kick N Chicken
liquor store last night. They had Olifant 750ml and 1.75l. They were sold out of TV. I asked about Olifant flavors and the hourly counter help guy never answered my question. Instead he tried to sell me on Ruskova vodka. Apparently it's fairly new and cheaper than Olifant. They had a huge display in front of the counter selling 1.75l for $13.99. I read up on it and it's supposed to be fairly good. It's distilled 6 times. There will always be competition....that's why I like our iconic model.
On another note, my daughter called the other night and told me her husband came home and said he'd just heard on the radio that Kid Rock was coming out with his own beer. He wanted to try it. I'm thinking radio dj's are talking this up across the country.
No Griff, It's a joke.
On the rare days I sunk a few one putts, that's what my golf buddies called me. Usually I have the touch of a blacksmith.
Grass Roots Theme Song
I went in the largest liquor store in town last night. This place had at least $1 million dollars worth of inventory. The owner was there and immediately asked if he could help me. I asked if he carried Olifant vodka and he said yes. As he walked me down through the aisles, we turned a corner and there before me was a 6 foot high stack of Olifant cases. He had a big sign that read 1 Liter Olifant Vodka $19.99. The price was a bit high compared to what I've seen on the internet, but I knew his overhead was tremendous. As I paid him for a bottle, I asked for the Rasberry and Vanilla flavors. He didn't know they existed, but said he would get them. Obviously he wanted to be "the" store in town that has anything anyone could want. He only had 2 bottles of Trump and didn't know it came in flavors as well. I told him about the grape winning the best flavored vodka award and he said he would get them too.
That's the second store I've checked here in Georgia. The city I live in has a population of 200k. I am just realizing how big Olifant is and more importantly that they already have a distribution pipeline that could easily handle all our other products.
I think we are very close to a major run here.
Duke, how hard did you look?
I just received a case of Trump Grape from Garnet Wines at 929 Lexington Ave. New York, NY. They only had 2 bottles left in stock, but quickly got a case from the distributor.
Here's a link to help you, if you're really looking.
http://www.garnetwine.com/main.asp?request=SEARCH&
Just type Trump Vodka in the search box and press enter. Let me know if you need more help.
Probably Knot Going...
Is that what PKG stands for?
Adis...Labatt wasn't there either
I was instructed to post about PKG. The boyz were impressed and said they'd report later. Apparently, PKG said he would show and didn't. My thinking was that if he'd been there his attitude might be different, but he wasn't. They were leaving for dinner and seemed to be having a good time. I suspect we will hear about Labatt if and when something happens.
Hot Off The Presses from the S/H meeting:
The boyz are fired up. Gink, Draco, Sneaky, Rilo, Coop, Ripnrob and Billy C (Jay Jr.) all had one message. "PKG...lotta show...No go". My best guess from that cryptic message was that PKG was not in attendance. Aside from that, they were impressed with Kenny and the crew. More to come tomorrow.