Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Well, it might just be time for my little gift to those long time shareholders who would like nothing better than to cash in on their investment in a big way. At the same time, they would like nothing better than to see a certain few never make a dime on this stock.
The SEC holds a pretty clear stance on insider information, trading on insider information, and tipping of inside information. The SEC holds clear that being in possession of inside information in no way constitutes a crime in any way. Even a shareholder of a publicly traded company can come into possession of material non public information and the SEC cannot prosecute anyone WHO DOES NOT PLACE A TRADE OR who "cancels" a planned trade in theory on a stock.
For instance, if I came to know of information from a third party who may or may not have been talking to, or overhearing conversations by officers of DKAM, that would easily see the price of DKAM rise above $1.00, and more in line with a price of $2-$3 or more in very short order as a result, the only way that information could be pursued as insider trading is if I actually made a trade based on that information. Additionally, if I, or others had planned to take profits on DKAM at $1.00 but chose to wait knowing the price was going over $3.00, then cancelling that trade "in theory" also does not consitute a crime
If I chose to share that information on this board, then no one could make a trade based on that information. That means anyone who then loads up on that information would be guilty of trading on material non public information. But that would also only be true if the information were to prove factual through information released in an 8K or by conference call or by Annual Shareholders Meeting. (DKAM can release ANY information they wish to at an Annual Shareholder's Meeting because DKAM Shareholder Meetings are open to the public with the SEC's advance guidelines for notice being met. So, that also refutes the previous claims here that PK could not tell people things at a SH meeting that he didn't release to everyone else. Yes, he most certainly can).
What this ALSO means is that once I put this information on the board, no one who is sitting with ZERO shares will be able to buy shares in DKAM and take advantage of that news until it is made public. Additionally, anyone who is short DKAM stock and covers based on the non public news posted here will also be guilty of trading on inside information as it relates to tipping. They will have no defense that the trades they made up until that news is released was not based on the news as it was posted here...even if that news is 3 months, or even longer from now.
It would be assumed that any regular poster on this forum would be in receipt of that non public information whether or not they chose to comment on it. Therefore, any trades they make would violate the rules, and they would be prosecutable for trading on inside information in DKAM.
Now, I have to decide just when to post it to get the most bang for the buck" so to speak.
And please don't try to argue all the mumbo jumbo otherwise. The rules are clear. Anybody else would just look stupid arguing otherwise.
Based on this reasoning, the Commission held that a broker who traded while in possession of nonpublic information he received from a company director violated Rule 10b-5. The Commission adopted the "disclose or abstain rule": insiders, and those who would come to be known as "temporary" or "constructive" insiders, who possess material nonpublic information, must disclose it before trading or abstain from trading until the information is publicly disseminated.
Several years later in the case of SEC v. Texas Gulf Sulphur Co., a federal circuit court supported the Commission's ruling in Cady, stating that anyone in possession of inside information is required either to disclose the information publicly or refrain from trading.25 The court expressed the view that no one should be allowed to trade with the benefit of inside information because it operates as a fraud all other buyers and sellers in the market.26 This was the broadest formulation of prohibited insider trading.
http://www.sec.gov/news/speech/speecharchive/1998/spch221.htm
It's the least I can do for all our friends who hold zero shares. And for those who have had two years to get all the shares they want.
And thank you for telling us to go check all the links in that article.
It appears Michigan Brewing Company has redone their entire website this weekend. Looks like a nice video is coming also. Now, who was it was all up in everybody's junk that MBC wasn't doing anything about pushing Kid Rock Beer on their website? We'll get there soon enough.
http://www.michiganbrewing.com/
If there is not manipulation on this stock, then someone should take the time to explain for everyone here why the following is occurring and has occurred in the past.
On more than one occasion, calls have been made to the Director of Equity Trading at Fidelity questioning why orders to buy were not being displayed or being filled on DKAM.
The response is the same.
"We do not make a market in DKAM. Your order has been routed to XXXX market maker. XXXX has informed us they do not have the inventory to fill your order. They are having to call around to find an available seller to fill your order. We want you to have every opportunity to receive the best price possible on this transaction."
First, I don't know about you. But I can guarantee all of you this. There certainly is not a single shareholder of DKAM that has been contacted by a market maker to see if they are willing to sell their shares right now because there is a large buyer looking to buy stock in DKAM. We have seen those holders of more than 50% of the shares in DKAM, that being management and the BOD, sell zero shares in the company since it was formed. Therefore, not a single LONG holder of DKAM has ever been contacted about selling their shares for a large buyer.
Second, there are billions of transactions occurring in the US Financial System on a daily basis. How many people, or should I say global populations, does it take to handle all these calls looking for sellers that are occurring on thousands of stocks on a daily basis? How does the entire US economy not grind to a halt?
Third, since when did Fidelity and the market makers they do business with nominate themselves as judge and jury to the order filling process? Any order to buy, no matter the size of the order, is processed electronically. Any order to buy where no liquidity is available then becomes a BID to buy that stock and the order is displayed accordingly.
In every instance where this has occurred, these orders were placed at the current Asking Price for DKAM, ORRRRRRRR slightly higher than the current Asking Price of DKAM to assure a full fill on the entire lot. In some cases they were AON, some not. Some GTC, some Day Only.
The point is folks that the market maker currently offering liquidity was in fact holding ZERO liquidity. Yet the market maker was not willing to stand down in any way to allow this, or any order like it to move in and become the best available BID on DKAM. Because that would force the price to go higher.
The second point is that every market maker in DKAM is obligated to display both a bid price and an ask price on the stock. If they have a client trying to cover on the bid, the market maker must display a minimum of 5000 shares on the ask, or offer, by regulation. These are shares they do not have. They do not own. If those shares get bought, or filled, the market maker has sold stock it does not have, and did not borrow, or make arrangements to borrow. That is a naked sale on the stock.
In an effort to not be holding naked shares, those same shares are then washed, or mirrored, back into the bid for their client who has a standing order to cover a short position and/or go long. The difference is then charged back to the large client with the order to cover, or even go long. Meanwhile, those phantom shares originally sold remain in the system and never show up as a naked short on any books or reports.
So, in this instance when a market maker is "having to call around" looking for a seller, they are looking for someone willing to step up and naked short the stock at a price higher than the current price because the market maker that took the order has a previous commitment to manipulate the price as low as possible for a short seller who was already manipulating the stock to begin with.
And the $64 million dollar question is?
Overvalued compared to what?
C'mon, educate us all on your years of company fundamental analysis relative to all metrics of investing.
Excuse me. But let's have a lesson in common sense here. You make a post about history as though everyone needs to adopt a rationale that history ISSSSSSS the precursor to future events...always and forever...until it is history...doomed to be measured only until future events find a way to eclipse that history and then also become history.
You and others here teach people one simple way of thinking..."A company is only as good as the quarter it never has."
That is an awful lot of work that would make it a full time job for educating people how to look forward when measuring a company's growth prospects.
I would much prefer to take the news coming from the company as the confirmation that the growth in that news is being realized. At the same time, I would much rather you go ahead and call the CEO a liar here, and to his face, rather than continually bashing me and trying to discredit me here because of repeating news issued from the company.
Everybody would be better off if you just took your beef up with the company right here...publicly of course.
As far as calling him a liar to his face....
I'll pay for the gas...and we'll serve Kid Rock beer to all in attendance.
Ahhh yes! Thank you for pointing everyone to that particular page. A thorough look tells us the exact culprits that began the entire short and distort campaign.
So, now it is safe to assume that you have throughly read every post since this company's inception, as well as have them categorized by pumper, basher(co-alliance), food for further shorting, referencing SEC filings by date and balance sheet category, every poster's personal information including IP address and location.
All without holding a single share.
Oh but wait, you are here because of what has happened to so many OTHER companies in the past so as to protect the interests of everyone that they don't receive the same ill fate as those ill advised shareholders of the past...
on the very same stocks your bosses drove into the ground through manipualtion, mirroring, wash sales, and naked shorting.
Thank you for bringing me up to speed.
uhhh...OK. Sock drawer theory...or should I say sock puppet...or should I say puppet for the shorts....
Duly noted.
Right on cue.
Who needs Six Ways To Kevin Bacon?
But wait just a minute. I could swear we have had unending post after post on this board for maybe 2-3 years now, and ever moreso recently. that Fails To Deliver do not exist here. Fails To Deliver can only result from naked shorting boys and girls. And that includes all the sock drawer theorists and grandma's that hide their money in the mattress.
This site clearly shows it has been pervasive for a long, long time. In fact, it perfectly coincides with when two particular posters began talking so negatively about the stock DKAM while never holding a position. Well, they actually do. Just not in this company's stock. It would be as a proxy for the interests that have been naked shorting it.
In keeping with the theme of the day, why do you keep posting old news? I mean seriously?
The company has begun shipping on a more than $100 million agreement over 15 years. They have Kid Rock Beer beginning to ship at any time. They are shipping Olifant. They have at least another $3 million in cash to make all these products a continued enhancement to sales. Enhancement means higher.
Now, please post the old filings and news that show the detailed sales decreases of 60000 cases of Trump per year going into Israel. Show me the continual declining Kid Rock Beer Sales you keep referring to as all product lines showing decreases. Please show me the declining Olifant Sales.
I'll wait. But I will tell you now I don't have all day.
Don't waste your time because you won't find any! These are all dramatic sales increases for the company.
It is amazing what happens when you survive an economic crisis and have money to continue operations in a big way:
http://av.rtl.nl/web/components/financien/rtlz/2007/week19/ma_1500trump.avi.MiMedia_WM_800K_V9_av.wmv
Uhhhh correction. Stock message boards are for informational purposes only and are not to be construed as investment advice both pro or con. I'll thank the board to remember that and not have their opinions swayed by those who have no idea what they are talking about nor have any vested interest in that opinion other than what other companies that are NOT DKAM have experienced in the past.
Unless you're a pure bump on a log or have no concept of reality or the markets in general, you would be blind to not see what is unfolding. Worst economic crisis in our lifetime. This company wasn't supposed to survive something like this and has done so with flying colors. Go do your in depth research and put together the Israeli deal with the Kid Rock introduction. Look at yesterday's news. You can call it a PIPE all you want and I hope you do. Because then you'll miss what it really is happening. By the by. Shareholder Equity just went positive again.
:)
And Jamie said she's scoring me a case of Bad Ass on the 17th.
I think it pretty safe to assume that Drinks could go ahead and announce that buyout offer for $3.50 a share...
And the stock will remain 14 cents.
Good job.
Lookie here:
http://www.livenation.com/
Anybody we know and love?
If you are just tuning in, one of the best tactics for those who are inclined to negate the positive things a company is undergoing, is to clutter a message board to make positive postings go pages back into the archives. In addition, turn the focus back to old news, old financials, and totally ignore and try to negate the positive news of the day. Don't forget, DKAM signed a new distributor today where we had a hole in the Midwest and in Wash DC. Don't forget that DKAM products are already shipping to the Midwest. Don't forget that means higher sales for this quarter. Don't forget Bad Ass beer is just days away. Don't forget the Israeli deal is paying us a minimum of $300K a month so we don't have to use that high priced credit so many have been beating into us that DKAM has as its only option...because it isn't. Don't forget that means higher sales for this quarter. Don't forget 60000 cases of Trump Vodka to Israel is $6.6 million per year plus Topless, OWR, and Damiana. Don't forget that means exponentially higher sales for the next 12 months, let alone the next 15 years. Don't forget we just weathered the worst financial crisis in our lifetime. Don't forget we have the finest BOD anywhere with a collective 150+ years experience in the business. Don't forget PK just assembled the finest sales force for further nationwide expansion.
Don't forget NONE of the past financials include anything I've highlighted above WITH THE EXCEPTION of the BOD with a collective 150+ years of experience that just weathered this economic meltdown we seem to so easily forget. And for that, I am able to put up this extensive list of things....
NOT TO FORGET!
That is you and just a few others...very few. I guess that's why there are all sorts of disclaimers all over the world that say, "Past performance is not indicative of future results."
Anybody would know that if you live in the past, or judge a book by its cover, all you will do is be behind the times and totally illiterate.
Let me refresh that. Almost anybody.
Actions do speak louder than words. We have a Board of Directors that owns over 60% of the shares, and has not sold a single one since the company was formed, as well as kept this company afloat during the worst economic meltdown we have ever witnessed. Then we have people all full of words that don't even own the stock.
Which one is more influential in determining the true value of a company?
(P.S. Don't answer that as it is just more words. The question was rhetorical as it always seems to be over and over.)
Halcy, copies of the bank statements work miracles in times like this!
You got it right on my friend.
Well, that's just it. You are not supposed to know. As with any company, the deal breeds the numbers. This isn'trocket science. Once the product comes out, then we will know in the financials. Before then, the stock trades higher on implications that it will be as successful as it will be because of the success that is built into the overall business plan of the deal to begin with. Of course, you have to be a shareholder for that to prove any worth. Therefore, non shareholders really have no material worth and their statements can be viewed as simply "pure speculation."
That does sound a bit cumbersome and a little Bad Asswards.
We go to the icon with a product and a plan. We then pay to get the appropriate trademarks and trademark protection. We transfer it over to the icon, who then licenses it back to Drinks, and we then own the rights to those names for X amount of years.
That would explain why a number of our trademarks have disappeared that a host of undesirables would have us believe was Drinks losing agreements and going out of business.
Not so. It's all part of their plan and is implmented on every deal they do. I'd still be inclined to find out why Bad Ass Beer was not handled this way. But since that is the name decided on for the first beer introduction and was done just in the past few months, it probably has not had time to transfer yet since it was just published on June 9 as effective. So, let's assume now that IT WILL transfer and Drinks owns the name of Bad Ass Beer on a licensing basis for the rest of the foreseeable future; just like all the others.
As I look and dig deeper, it appears these three trademarks were filed, and all three approved by the USPTO, and then they were transferred in Drinks' name to Kid Rock. So, they easily could be jointly filed. However, in either case, this appears to have been planned from the beginning and IMO has no bearing on the product, the introduction, the success of the brand, nor the agreement to distribute that is currently in place, or will be in place for many years.
Kid Rock won Wide Open Country Video of the Year last night at the 2009 CMT Video Music Awards for "All Summer Long."
http://www.cmt.com/cmt-music-awards/nominees.jhtml
Quote: I think this was based on creativity ... because what's more creative than a strip pole on a pontoon boat? -- Kid Rock
How can this be spun as anything negative? It can't.
"We have seen immediate sales results with an increase in our business in the Chicago market from the moment we began to ship product to Meridian Street Beverage."
This means increased sales and a big Urban connection in an area that was deficit like the heartland as well as Washington DC.
Go to Meridian's Website. Great layout. Great music.
They are in Illinois, Indiana, and Washington DC.
Check out the About Us page and especially the Contact Us page where it shows product locations.
Especially for those that want to monitor our products on the shelves.
For those that were looking for an urban hook to bring Leyrat and Sparkling odka to the masses, this is only just the beginning.
http://www.meridianstreetbeverage.com/
Oh absolutely guaranteed on that. There isn't a single thing they can do to prevent it.
LMAO. Go with that. It gave up 50% on the last earnings release and with all the MM games being played. So, a two bagger gets us back to where it was in March, and back to the market. Not to mention ONLY THEN 1/5 of what its Street Value is.
Then we can work on your "two bagger" when KR Beer is announced. And with this new Growth Curve from Kenny, not out of line one bit.
Hey Muffin? I have a plan!
Let's buy that!
:)
Corp? Here's the article. Let me know if you need any help getting her on board. The $2.95 I saved you? By me a Bad Ass! lol
Drinks Americas Banks on Icons
Friday, 08 May 2009
Wilton, Conn.-based Drinks Americas Inc. is facing a sobering environment in which to sell its iconic-branded alcoholic beverages as the world deals with its hangover from the last era of excess.
Born in 2004, the company has a stable of beverages it markets, including Donald Trump's Trump Super Premium Vodka and Willie Nelson's Old Whiskey River Bourbon. It also has some non-alcoholic brands, including Paul Newman's Own Sparkling Fruit Juice Drinks.
Neatly put, the company is an infant facing serious economic challenges and consumers who are watching their money closely.
J. Patrick Kenny, president and chief executive officer, said his company has passed a major hurdle in this economy by securing a new line of credit.
He said Drinks Americas lost a line of credit it had with one bank, which hampered its ability to move product. But the company has secured a new line of credit and is able to return to shipping its beverages.
Many companies have told similar stories in this economy of having credit lines yanked out from under them and only recently have they been able to find new lines. Some have not made it, but Drinks Americas is striving to move forward.
Along with obtaining the credit line, Drinks Americas also completed the acquisition of Olifant USA in January. The Dutch-made Vodka immediately added about $1.5 million in revenues to Drinks Americas' balance sheet.
Although there is concern over celebrity-branded items floundering in this economy, Kenny said Drinks Americas doesn't partner with celebrities, it partners with icons.
"We view an icon as one that's transgenerational, who doesn't need an introduction anywhere in the world," he said. The company plans to roll out Kid Rock Bad Ass Beer this year. Kenny said there have been 8 million web hits on the brew and it's not yet on store shelves.
Willie Nelson's bourbon continues to be a strong seller and the Trump vodka has remained in the market when many others have failed, he said.
"We have three, if not four, viable brands," he said.
Although Kenny, a 22-year veteran at Joseph E. Seagram & Sons, said his brands aren't tied to your garden-variety celebrities, an investment broker said she believes the same risks still apply.
"As long as you can guarantee the person carrying the brand for you is squeaky clean, you're OK," said Carolyn Frzop, vice president of investment at Janney Montgomery Scott's Fairfield, Conn. office. But if the celebrity makes a mistake and falls out of favor with the public, it could harm the brand. Public fickleness could also damage sales, she said.
Drinks Americas is not alone in hitching some of its fortunes to stardom, other retailers have done the same thing with mixed results. The Wilton company's major competitors, which include Diageo PLC, the No. 1 alcohol beverage company, which bases its U.S. spirits operation in Norwalk, Conn., also have embraced some celebrity branding.
Frzop said it's not only the celebrity issue, Drinks Americas is facing a difficult marketplace.
People are paying more attention to how much they are spending and what they are spending their money on, she said. That was less of a concern a couple of years ago, she said.
Even if the company navigates these troubled waters, its stock still is stumbling; "It hasn't exactly taken off," Frzop said.
DKAM, the stock symbol for Drinks Americas, has been trading in pennies for more than 52 weeks and its financial reports show net losses. The company reported a net loss of income of $6.3 million for the fiscal year that ended April 30, 2008. In 2006, during the same period, the company reported a net loss of $5.8 million.
The company is gaining in sales, up more than 180 percent in the three years. It's not uncommon for a young company to experience several years of losses while in the building stages.
No analysts are listed as following the stock and other investment advisers declined to comment because Drinks Americas is a penny stock.
Drinks also has been fighting several lawsuits, including one that the company settled by agreeing to pay a vendor $27,100 over three months.
In one case, Drinks Americas settled a dispute over its acquisition of the Rheingold beer brand to the benefit of the company, according to Kenny, who said the company wound up with a $5 million brand for about $600,000.
As for its future, Kenny said, the launch of Kid Rock beer will be big this year and Willie Nelson's bourbon continues to sell at barbecue venues and on the NASCAR circuit. Kenny also said acquisitions look promising for the company, but he wouldn't provide any targets.
Ultimately, Kenny said his company will come out of this economy stronger because it is going to survive, while others don't. He said he's been trying to communicate to investors is that his iconic brands are underappreciated and not valued as assets on the balance sheet. That makes Drinks Americas' 84 million shares of stock "highly undervalued," he said.
Copyright (c) 2009, Connecticut Post, Bridgeport
Yeah Corp. I'll get her name for you. Remember, hedges can know information and share it accordingly because as of now, they are not regulated. The window is closing though.
She needs to know what's about to happen.
The trademarks of Rock Red, KR, and Redneck Beer have been transferred over to Kid Rock himself. Remember, it is HIS beer and Drinks has the sole distribution of the product.
At the same time, we still hold the distribution trademarks and Bad Ass Beer....the flagship product.
This means exactly what it means. We own the trademarks on the product being released shortly. Kid owns the trademarks on products being talked about for the future.
Just so everybody is clear. The credit facility was expiring this month anyways.
So, we move on:
In June 2006, we entered into a $10 million, three-year, asset-based revolving credit facility with a financial institution to be used for working capital purposes. Under this line, we may borrow 85% of eligible accounts receivable and 30% of eligible inventory, as defined under the agreement. Interest on the line will accrue at 1.5% above the prime rate. The facility is secured by a first security interest in our assets. Also, in June 2006, we entered into a secured purchase order financing facility with another financial institution. The amount we are able to borrow under these facilities will depend on our outstanding eligible accounts receivable, inventory and eligible purchase orders, respectively. On January 31, 2007, $1,433,296 and $503,860 was outstanding on our revolving credit and purchase order facilities, respectively.
Corp? LOL The link gremlins are back at it again. No luck on the article as it has been archived.
It was originally printed in the Norwalk Advocate, a sister publication of The Stamford Advocate under this heading:
Drinks Americas holds its liquor
Author: Rob Varnon
Date: May 7, 2009
Publication: Advocate, The (Stamford-Norwalk, CT)
Page: C008
By Rob Varnon
STAFF WRITER
Wilton-based Drinks Americas Inc. is facing a sobering environment in which to sell its iconic-branded alcoholic beverages as the world deals with its hangover from the last era of excess.
Born in 2004, the company has a stable of beverages it markets, including Donald Trump's Trump Super Premium Vodka and Willie Nelson's Old Whiskey River Bourbon. It also has some non-alcoholic brands, including Paul Newman's Own...
http://nl.newsbank.com/nl-search/we/Archives?p_product=NWAB&p_theme=nwab&p_action=search&p_maxdocs=200&s_dispstring=allfields(drinks%20americas)%20AND%20date(last%20180%20days)&p_field_date-0=YMD_date&p_params_date-0=date:B,E&p_text_date-0=-180qzD&p_field_advanced-0=&p_text_advanced-0=("drinks%20americas")&xcal_numdocs=20&p_perpage=10&p_sort=YMD_date:D&xcal_useweights=no
It was then reprinted again on 5/11/09 in The Stamford Advocate under the heading, "Drinks Americas Banks On Icons."
I must strongly advise everyone that this response is in fact your opinion only.
Corp? I seem to recall the article you're speaking of. I believe Boston found it. It was put out as the Norwalk Advocate, but that is also the Stamford Advocate. The article cited a Bevvy Analyst from Janney Montgomery Scott and about the companies new products.
Bad news though. The article is archived and costs $2.95 to get it. Everybody a month ago linked it with no copy/paste. That's why we do it guys.From May 7:
http://nl.newsbank.com/nl-search/we/Archives?p_product=NWAB&p_theme=nwab&p_action=search&p_maxdocs=200&s_dispstring=allfields(drinks%20americas)%20AND%20date(last%20180%20days)&p_field_date-0=YMD_date&p_params_date-0=date:B,E&p_text_date-0=-180qzD&p_field_advanced-0=&p_text_advanced-0=("drinks%20americas")&xcal_numdocs=20&p_perpage=10&p_sort=YMD_date:D&xcal_useweights=no
If not, then it should be one of these?
DKAM One of the Best Summertime Plays:
http://seekingalpha.com/article/138790-5-ultra-low-priced-summertime-stock-suggestions
Kenny Cites 300% Growth in Wall Street Journal:
http://www.drinksamericas.com/files/Drinks%20Americas%201%2006%20091.pdf
Stamford Advocate/Wall Street Article:
http://www.drinksamericas.com/files/Advocate%20Article.doc
Small-Cap Breweries Can Quench Your Profits For Thirst
By Karen Riccio
The beer industry pumps nearly $200 billion annually to the U.S. economy. Plus, the National Beer Wholesalers Association (NBWA) shows that the industry provides nearly 1.9 million jobs--generating nearly $62 billion in wages and benefits.
Well, I'll drink to that, and apparently so will a whole bunch of people in Nevada. It's the number one beer-consuming state at 44 gallons per year.
With those types of numbers being generated, and the fact that summer is rapidly approaching, I thought it would be a good idea to explore some investment opportunities in the beer industry.
The trio of small-cap stocks I'm about to talk about does not resemble a Molson Coors Brewing Company (NYSE: TAP) or Anheuser-Busch (NYSE: BUD). Each are unique and capable of quenching your thirst for profits.
Craft Brewers Alliance (NASDAQ: HOOK), headquartered in Portland, Oregon is a leading brewer of handcrafted beers in the United States.
It is the result of a 2008 merger of two of the country's original craft breweries, Widmer Brothers Brewing Company and Redhook Ale Brewery, Incorporated. Following the merger, Redhook was renamed Craft Brewers Alliance, Inc.
According to a Wall Street Journal article, insiders at Craft Brewers Alliance have been buying the company's stock now that it is recovering from post-merger lows.
The faltering economy, slowed growth in the high-end beer business, higher raw material prices and the company's own slowed growth have weighed on the company's share price, which reached an intra-day low of $.85 cents a share in March.
With a name inspired by a daredevil kiteboarding trick, Slim Chance Light Ale is a craft beer "for guys with an active lifestyle and an appetite for adventure." The folks at HOOK say it's the beer you want to drink after a hard run, a day on the slopes or a long bike ride, but it's also great for when you're just hanging out in the backyard.
Although Boston Beer Co Inc. (NASDAQ: SAM) year ago quarter results suffered as a result of charges related to the recall of select bottles of Samuel Adams beer (SAM.N), it backs its 2009 profit outlook.
For the quarter ended March 28, the company posted a profit of $1.4 million, or $.10 cents a share, compared with a loss of $3.7 million, or $.27 cents a share, a year ago. Revenue rose 7 percent to $81.1 million.
The company reaffirmed its 2009 earnings outlook of $1.40 a share to $1.70. Analysts on average were looking for a profit of $1.49 a share, according to Reuters Estimates.
Founder and brewer, Jim Koch, brews Samuel Adams beers with 18 distinctive, award-winning styles of beer. The brewery has won more awards in international beer-tasting competitions in the last five years than any other brewery in the world. Samuel Adams is an independent brewery and has half of a percent of the domestic beer market.
Drinks Americas (DKAM.OB) plans to roll out Kid Rock Bad Ass Beer this year, and the company claims there have been 8 million web hits on the brew and it hasn't even reached store shelves yet.
The company's main goal is to hitch their wagons to the stars.
Born in 2004, the company has a stable of beverages it markets, including Donald Trump's Trump Super Premium Vodka and Willie Nelson's Old Whiskey River Bourbon.
Willie Nelson's bourbon continues to be a strong seller and the Trump vodka has remained in the market when many others have failed. Drinks Americas also completed the acquisition of Olifant USA in January. The Dutch-made Vodka immediately added about $1.5 million in revenues
The stock has been trading in pennies for more than 52 weeks (currently at $.14) and its financial reports show net losses. The company reported a net loss of income of $6.3 million for the fiscal year that ended April 30, 2008. In 2006, during the same period, the company reported a net loss of $5.8 million.
The company is gaining in sales, though, up more than 180% in the three years. It's not uncommon for a young company to experience several years of losses while in the building stages. Remember how long it took Amazon.com to finally turn a profit?
I rest my case .... and "Cheers!"
6/14/09 DKAM Report cites 212% Growth Rate Going Forward
This press release from one week ago cites a minimum commitment from H. Pixel in Israel for $3.6 million in sales per year. One week later, CEOCast reports $7 million in sales per year from this agreement. The original agreement calls for 60000 cases of Trump Vodka at $110/case plus 2500 cases of other DKAM products. This article also adds DKAM's new Sparkling Vodka to the mix totally more than $7 million in new sales.
http://finance.yahoo.com/news/Drinks-Americas-Receives-bw-15447310.html?.v=1
Drinks Americas Holdings (OTCBB: DKAM) $0.15
In keeping with the theme of battered sectors on the verge of recovery, Drinks Americas Holdings (DKAM ) represents an interesting play on one of the hardest hit sectors of the economy which now seems on the verge of a rebound according to recent economic data. DKAM is a classic consumer retail play involving some big household names that has been severely beaten down with the fall in consumer spending characterizing the past year's precipitous declines. Recent economic data indicates that consumer spending is on the rebound which suggests that companies operating in the consumer retail space may be in for a corresponding jump in their beaten down stock prices, making Drinks Americas Holdings, a company that develops, owns, markets, and internationally distributes alcoholic and non-alcoholic premium beverages associated with renowned iconic celebrities, an investment opportunity worth taking a closer look at.
DKAM's business model is fairly simple; take quality beverages and market them by partnering with iconic celebrities. The premium drinks become part of the Icon's lifestyle, public relations and media awareness drive trial and global brand franchises are created. Drinks will launch an American-made beer with Kid Rock this year and a cognac and tequila with Interscope and Dr. Dre following its success with products with Willie Nelson, Donald Trump and Paul Newman. The company's product line includes Donald Trump's award-winning Trump Super Premium Vodka, Trump Premium Flavored Vodkas, Willie Nelson's six-year Old Whiskey River Bourbon, and Paul Newman's Own Lightly Sparkling Fruit Juice Drinks and Flavored Waters. In addition to these, the company has recently announced a joint venture with Universal Music's Interscope Geffen A&M Records to develop and market iconic beverage products, with plans to market a selection of premium cognacs and a tequila. The release of the highly anticipated Kid Rock Beer is this summer. In addition to these Iconic brands , DKAM also owns Rheingold beer and several award winning premium alcohol brands are in its line. Earlier this year DKAM purchased Olifant Vodka which due to its economy pricing has gotten off to a fast volume start. DKAM is partnering with Snoop Dog's summer concert tour, the Olifant Vodka Blazed & Confused Concert Tour which will appear and be marketed in 22 US cities throughout the summer in large scale venues. The Olifant DKAM 22 city tour will feature Snoop Dog, Slightly Stoopid, Mickey Avalon and Stephen Marley. The company recently announced Olifant sales were off to a strong start driven by preconcert orders with one of its largest sales months ever shipping 7,000 cases in one month.
In addition to a strong product line with solid brand recognition, the company has been able to make significant gains overseas, recently signing a contract calling for orders for $7 million in Israel and has begun production for the order with a recently announced payment by the distributor, with talk of other international distribution partnerships in the works to bolster their strong domestic performance. Along with increasing their international penetration, DKAM has also recently been able to extend their credit line, greatly improving the company's ability to maintain inventories, increase production, and insure that their award-winning products quickly reach the market. The stock is currently trading around fifteen cents; just above its 52-week low, thanks in large part to the exodus of investors from retail plays spurred by falling consumer demand leading up to, and as a result of the recession. With the jumps in consumer spending and confidence numbers that have been seen in recent weeks, it is highly likely that companies such as DKAM which are dependent on discretionary spending will see a corresponding increase in their stock prices, and with nowhere to go but up, it appears that this under the radar retail play is primed for a jump in the right direction.
http://www.ceocast.com/(vdx3w0v4yf3i4n55dgfwld45)/NewsLetters.aspx?id=505
The most recent was a small blip in the Wilton paper.
If you are thinking what I'm thinking, this CEOCast report just raised guidance for the company.
Strange how it goes. If it were AAPL or CSCO or Mister Softie, or even a biotech or basically any other stock on the planet, a 200%+ increase in sales usually warrants no less than a 100% rise in stock price.
The article, like the PR says $300K per month. That is $3.6 million per year.
The CEOCast paid promotion should have come from the company. One could believe otherwise if it weren't for the shares included.
Therefore, the company is now saying $7 million per year.
It sounds like the company got a phone call from H. Pixel saying, "We're still on track for 60000 cases of Trump at $110 per case."
You know, just like those guys that do all that fabulous DD on iHub figured out over a week ago.
http://wiltonvillager.com/story/470722
Of those 42 of 42 losers, which of those have been profiled on CEOCast?
Ooops, 7.1 million on the CEOCast circulation, or thereabouts.
And, just in case nobody noticed. They must have talked to somebody we didn't. They get $7 million off the Israel contract.
That means I have to change the sticky up above. Our sales just tripled. But if they are as weak this past April 30 as others here would pound into us to believe, then the Israel deal just quadrupled sales.
Right? Right? Right? If sales are down to $2.5 million as of the end of April, and we just added another $7 mil+, then yep, that is a 300% increase in earnings, or a quadruple.
Funny, our CEO said an increase of 300% last October. I believe he also stated it in the Wall Street Journal in January.
I believe we did the math here, and got around $7 million also.
Strange how that happens.
But!!! Wait!!! OMG!!! CEOCast must be out of their minds! They just told millions of people DKAM is a BUY on this 300% surge in growth. How can they do such a thing.
They must not be reading this forum! We have to wait until that entire year's worth of growth is in the books and reported to the SEC before we can look for such a thing to happen.
So, CEOCast better retract and tell them it's a buy in August 2010 when the Annual report is issued detailing that very growth.
LMAO!!!!!!!!
It doesn't matter what the price of any stock is that the article refers to other than DKAM. DKAM was over $3.00 for $$$, and then PIPEd at $1.80.
Now they want their grand cover.
That's the great thing about precedence. It sets them up to do it with every transaction recorded and taped.