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Great idea Swan, and not to steal your thunder, but I did that with 9 of them late last night in some key areas.
Make sure you include the Topless label. It gives it more pizazz when they can see it.
LA, Chicago, NYC, Detroit, Charlotte, Philly, Atlanta, Cleveland, and Boston
Yep, companies with horrible balance sheets and declining sales DO get enormous contracts and the chance to grow the business.
Although, it is pure garbage that Monroe County caved to these imbeciles just to protect jobs. If you or I were 2 years behind on our bills, well, I guess we'd all be bashing 16 cent stocks.
Every day, the negative viewpoint on DKAM grows more feeble with every sentence.
http://www.democratandchronicle.com/article/20090214/BUSINESS/902140317
Yep, this quarter better than last quarter, as if it matters. It's old news. That was the end of January since we count minutes around here. This quarter already beat that quarter in 3 weeks.
I can say today with 1000% confidence since somebody asked that the earnings to be reported in this current quarter will be better than the earnings the company will report in March. And I know Patrick agrees with me. Even the analyst I'm working with agrees with me. Germany shipping. Israel shipping. Kid Rock launch. Leyrat on shelves. Acquisitions. Topless release. Any or all, pick one. And if anyone has the audacity to even attempt to refute my claim they will in fact be wrong every day they even try to do so, and will be drawn to the forefront to be viewed publicly for the embarassment.
Of course, easy to happen when it already has. So, go ahead. I'm waiting. It's called check and raise. Get used to it.
So I just told the XXXXX on the story they are writing. Detox is 9 years in the making and because of Patrick Kenny and his relationship with Dre, it is coming to market with a song specially written, and obviously part of the delay, called Topless to match his Sparkling Vodka. Then there is the State of Michigan giving out tax incentives to MBC for brewing Kid Rock's beer; a deal that would never have come about without Patrick Kenny. I also relayed Kid's obvious interest in marrying his name with Rolling Rock beer, you know, "Roll On...Roll On" It wasn't written for the fun of it! Then there is Em's "Crack A Bottle"; #1 downloaded song on iTunes and the precursor to the Three Headed Monster; all because of Patrick Kenny.
Then I told him the stock price and the fact the company didn't advertise with the Super Bowl and that a hedge fund moved some shares around because they got slaughtered in this market.
He has been laughing for a solid hour. The tears are getting in the way of his writing.
15 year agreement in Israel. 15 year agreement in Germany. Multi year contract with Trump. Multi year contract with Willie Nelson. Multi year contract with Newmans Own. 7 year tax incentive program to produce Kid Rock beer.
Ooops, I forgot. I can't find the cognac at my local liquor store where they sell like 4 bottles a month. Nevermind.
Mr Kenny, reports of your pending demise have been grossly overexaggerated by some obviously lame excuses for opinions.
Some idioso said something somewhere about Trump filing for BK. He was on Letterman last night and specifically stated he stepped down from the casinos and from Trump Entertainment. The folks that are running it ran it into the ground with his name on it. They say because of the economy as the whole industry is in bad shape.
Trump however, is just fine.
I'll take pleasure in adding another one "to the list" as I said the upcoming releases from The Three Headed Monster would include our products either in the songs, the CDs, the jackets, or the videos, or all of them.
But we know it doesn't matter. What's more important is that Trump Casinos filed for bankruptcy of which The Donald no longer is a part of anyways.
The economy is in the chitter....The State of Michigan just awarded tax incentives to Michigan Brewing Company for creating jobs in the face of adversity while the auto mfrs are laying off everyone in sight in Michigan. Kid Rock is being applauded for putting his bad boy image aside and instead of performing mandatory community service as has been his MO, he is voluntarily creating it with his new beer.
However, there is one person SOLELY responsible for this human interest story that is unfolding in Michigan with Kid's beer. Unemployment is surging to multi decade highs and not even the US Government and the President are creating jobs. However, one man is and that is Patrick Kenny.
I'll thank everyone to be reminded of that while they continue to bash him and the company.
What you sir are referring to is quite the opposite. I bought a nice Toyota from the #1 car mfr in the world. Toyota just reported its largest loss in company history.
I guess I need to immediately sell my car before they report another loss.
Amazing people actually think we're this stupid to believe the nonsense they come up with.
Radio and TV picking up on this Kid story that he is creating jobs and putting people back to work where this country and this new President can not. Huge human interest piece that is catching fire.
I sent it to a dozen so far and you won't believe the responses.
Get ready.
Once again, bad information, bad assessment, bad analysis, and of course, continual attempts to talk the stock down.
Yesterday's news was put out over the AP wires by the State of Michigan. They couldn't wait to toot their own horn in the wake of all the massive auto layoffs and the current economy. So, the bright spot for Michiganers of all places, is in Kid Rock's beer.
Kid approves all press out there that comes from him or from Drinks. A formal PR with all sorts of details should be forthcoming.
I have confirmed 100% that Drinks is still 1000% in the mix and MBC is 100% the brewery that has been selected to brew Kid's beer. Samples are available now. I might just toot over there in a couple of days and try it myself.
Yes, I am looking at brewing capacity and how quickly Drinks will grow out of the microbrewery that is MBC and have to start farming out excess manufacturing elsewhere. But hey, the task at hand was accomplished; find a brewery in Michigan for "Kid's Brew." However, the place is hardly big enough. Good starting point though.
Now, if I was Kenny, which I'm not, but if it were so, I'd pick up Labatt and co-pack it at Latrobe and Cold Springs in three years. In the meantime, Kid goes out of Webberville until capacity is reached. Then farm it out to CS or Latrobe just like Sam Adams did with High Falls on their excess capacity manufacturing. Go ahead and pick up Rolling Rock in the meantime also, and put those folks back to work in Latrobe now. The Labatt comes in after 3 years to max out their capacity. Kenny creating jobs and expanding the business. All sorts of tax incentives and all sorts of implications.
Oh wait. Trump sales sucked last year. Nevermind.
Actuall OT, it is 31 gallons to a barrel. That comes out to 1.674 million gallons. That translates into 17.856 mil 12 oz. cans or bottles. So, we get 2.976 mil 6 packs or we get 744,000 cases.
Don't forget, we do not get retail sales. We get wholesale. So, at full capacity it is roughly $12 mil in sales. Kenny was calling for a couple million. Obviously being dramatically conservative.
By the way, yes, awesome work today Phils.
Yeah, obviously the one in MN is Cold Springs. I would imagine the other in PA is Latrobe. I guess they want to bring Rolling Rock back home where it belongs. :)
But hey, we can make it in MI just as easy as anywhere.
Comparative analysis of our company in the present. The former shows the potential and unlimited upside to the stock. The latter is some form of weak argument that at best shows the stock has priced in everything to the negative with no further downside risk. Therefore, after reading this list EVERYONE who reads this forum should know that the stock currently has priced in EVERY one of the negative connotations listed. No news and no positive implications of any kind are priced in the stock. None whatsoever. None.
1. Company signs Universal and Dre which will lead to exponential sales...One year, no product on the shelves.
2. Company signs Leyrat to US distribution...What? No special new cognac for icons?
3. Company signs Kid Rock to a beer deal to be released in early spring...Company hasn't done anything else on time. Expect Kid Rock beer maybe never.
4. Company releases products at a mere fraction of the big conglomerates....Company has no money. What other choice do they have?
5. Company jointly initiates a forebearance to save money on their credit....Company lost its credit. Going out of business.
6. Company has only begun to crack the distribution pipeline across all fronts....I can't find the products at my local store. The company will never be successful if I can't buy their products right now.
7. "Crack A Bottle" rockets to #1 with Eminem, 50 Cent, and Dr. Dre...I've seen nothing inidcating this has anything to do with Drinks Americas.
8. "Crack A Bottle" video could easily include Drinks Americas products...I've seen nothing to indicate this possibility.
9. Company doesn't deny the Labatt or Wild Turkey bid...Company could never secure the financing for either purchase. Nobody can talk about such things unless by some miracle it were to happen. Otherwise, you're a pumper.
10. CEO has said he has venture capital backing for acquisition....I'll know it when I see it. CEO is a liar.
11. Company releasing Sparkling Vodka and Leyrat in conjunction with Dre's Detox and the Three Headed Monster....Detox has been "in the making" for 9 years. Don't hold your breath.
12. Michigan Brewing Company selected to manufacture Kid Rock's beer and Kid stays true to Kenny's indication he wanted a brewery in his home of Michigan...Until I see a PR from Drinks that this is the brewery for his beer and we are still part of the deal, then I'll believe it. But don't hold your breath for product.
13. Company signs Violator Imports and 50 Cent to represent our new Leyrat Cognac brands, along with future product introductions...There has been no PR from the company, so even though it was in the Shareholder Letter, it needs to be in a separate press release before I'll believe it.
14. Company stated they will rely on their partners to release news on various product introductions and manufacturing milestones....Company doesn't have the money to even pay for a press release.
15. Company chose not to do any Super Bowl advertising, along with many US companies, because of the economy...CEO lied about doing Super Bowl ads. CEO can't be trusted any more. Company has no money. CEO should be fired.
16. Company is seeking a broader and more lucrative line of credit agreement....Company has no chance of any kind of credit in this economy.
17. Company bid Rolling Rock in 2006 and was beat out by AB to buy it. InBev will be selling it again and Drinks should get first shot...I didn't see it then. No PR. It didn't happen. I won't see it now either. Company has no money and CEO doesn't have VC partners.
18. Shareholders demonstrate enthusiasm and upcoming introductions and future prospects for the company to pull off what this CEO has in this economy against some titans in the business...Pumpers, one and all.
19. Any acquisition will result in immediate bottom line profit as the CEO is only looking for money making opportunities to grow the business as he stated...Massive dilution. Stock going to zero.
20. CEO states, "Kid Rock beer is technically the best product we have ever produced" and that is with a 25+ year veteran of the beer business on the Board of Directors...I'll know it when I see it in a PR or when I can buy it, let alone taste it for myself. I am the sole judge whether it is good or whether the product will be successful.
21. CEO releases Shareholder Letter detailing milestones going forward including 300% growth rate...I need a PR every week making sure all these things are happening. Otherwise, we've been lied to. Take the Olifant acquisition. It closed 9 days after CEO said it would. We were lied to. He should be fired.
22. Company in negotiations with yet two more major, major icons for product releases...Two years minimum before I can buy it. And I'll be the sole judge whether the product is successful.
23. Company guides for 300% growth over the next 12-18 months and it is cited and written as such in the Wall Street Journal...CEO has shown no signs of ever growing the business. It's all lies. He should be fired.
24. Company signs largest agreements to date in Israel and Germany amounting to well over $100 mil in sales...Company can't even get one bottle from China to put the stuff in. It's all lies. CEO should be fired.
25. Trump Grape Flavored Vodka recieves Platinum Honors at World Spirits Competition in Geneva signifying World's Best Tasting Flavored Vodka...I can't buy it at my local liquor store. I've never tasted it. It can't be that good if I can't buy it. Yes, I can order it online but that would be proactive on my part and I would rather not take the time away from bashing the company.
Yep, they are in the company business plan. Find icon. Select brewery. Make beer. Distribute beer. Make profit. Rinse and repeat.
What term there is troubling you?
Fantastic due diligence. Story comes out detailing the tax incentives, new jobs, and expansion of MBC. Hate to break it to you but the story was about MBC. And people wonder why DA not mentioned. Amazingly ROTFLMAO actually. The story didn't mention who is making the cans and bottles. So I guess it's ziploc bags or nothing at all.
They are found in the liquor store. Not the piggly wiggly.
Don't even try. You cannot be serious. It gets to a point where, well, where it is now. Everyone can figure out what I mean.
I just posted yesterday that a brewery had been selected and Patrick said it is, "Technically our best beverage creation to date."
Yeah, that means we're out all right. Out of the ball park.
Home run.
Sorry, no more tickets. But peanut vendors are needed for the gallery.
OK, you guys ready? I mean REALLY ready??
One of us got a response back this morning on a couple of things. No biggies. But one nice note off the Kid Concert.
You ready?
Patrick is enjoying the holiday sipping on a tall frosty glass of Kid Rock beer with his lunch. He says it is their Best Technical Creation to date. It is fantastic.
Obviously, the brewery has been selected and manufacturing is underway.
I do believe that is EXACTLY as it was laid out. Or, is it 4 and a half hours behind schedule??
I'd have to go check.
Wouldn't want that to temper anyone's enthusiasm if it is. LMAO!!!!!
Oh, and Glory trademark is filed and production is underway.
And P.S.......
If Kid Rock Beer is our Best Technical Creation....and Trump Grape Vodka was voted as "Best Flavored Vodka In The World"
Then.....
Take your time....
We'll wait for everyone to catch up.
Reality is yet another enormous buying opportunity despite the continual attempts to talk the stock lower.
It was fine actually. Friday was an up day and a great capitulatory turn with lots of buying. There was obviously a deliberate attempt to close it on the bids of the wide spread to prevent it from closing positive. And rightly so. The morons that sold and are flipping spreads cannot afford for it to go back up without them forcing them to buy back higher than they sold. I guess they figure three days of silence will let them back in. Simplest way to solve that. Just take it on up tomorrow without them anyway. The news will take care of itself and they'll be staring in disbelief.
Kid Rock concert last night was the bomb. These were sent to me with front row seats less than 10 feet away from the stage and Kid Rock. At one quiet point, a lady in the front row yelled out, "Kid Rock Beer! We want Kid Rock Beer!" Kid responded over the mike, "Hell yeah!!!!!!!!!!!!" and gave two thumbs up. Cheers rocked from everywhere on that one.
Pics and video snipits(All Summer Long at the end):
http://picasaweb.google.com/bmc7781/KidRockConcert?authkey=yTDGcmcSiDI&feat=email#slideshow
Why Drinks is a likely buyer of Labatt, Wild Turkey, and Rolling Rock. How soon they forget:
Transcript of Labatt and Wild Turkey purchase Q&A:
Caller: Hi Pat. I would like to say first of all congratulations on surviving this quarter while having to deal with the same credit limitations that the largest companies in the country and the world have had to deal with. And I appreciate mightily how you have set Drinks up to be lean and mean towards profitability in the coming growth in the next couple of quarters and beyond.
I have two questions. This is probably one of the greatest periods of consolidation we've ever seen in the beverage industry. Many opportunities out there for alot of different reasons of companies divesting and consolidating. In the wake of the InBev/Anheuser Busch merger one of the stipulations by the Dept. of Justice for that merger to go through was that InBev divest of the American portion of Labatts brewery. I heard from some sources that those proceedings are moving along towards a fairly swift conclusion. Is there any chance that Drinks might be one of the bidders in the mix there?
PK: Drinks wouldn't comment if it could or if it...we're not in a position to comment on that question whether we would be bidders or not bidders. We wouldn't offer comment. What I would generally say is that Drinks is in a position to be an acquirer for opportunities "generally like that" and in speculation in the press there's everything from parts of the major global companies up for sale in this economic environment through to something you just reviewed. So, Drinks obviously we have the management capacity; we have the ability to source capital to do transactions beyond well in advance of the size of the current company; and certainly has the management skill base with Jeff Daub, Fred Schulman, and Jason Lazo to "aggressively" size up and move against any opportunities that do come on the market. We wouldn't comment on this particular question but we would point our shareholders to say that we believe we're positioned for growth both through internal brand development; growth of the brands we do have and acquisition both small and large. Olifant drew something that would be as big as something like what we're talking about. Drinks has the capacity to do that. We think that's a large part of the value. What was the other question?
Caller: Pat just one more quickie. Not sure whether you can comment or not. Another franchise that I have found out is available right now potentially would look awfully attractive in your product mix is Wild Turkey. Could you; would that be something you might be interested in?
PK: "Yeah"; I mean we consider The Turkey a qualified icon but you know again our formal position has to be no comment and any brands like that would ultimately be attractive to Drinks and within our capacity to move forward on given our access to equity with our partners; our investing partners. But, our official position obviously is no comment.
Now my friends. We have already highlighted that if PK's official position is "No Comment", then why all the talk about how these acquisitions could be done? Why did he immediately say "Yeah" to the Wild Turkey deal? That is the way you would respond to a situation you were familiar with. How would PK know that The Turkey was an attractive brand to Drinks without know ing the price tag already? And the biggest of all....
"given access to equity with our partners; our investing partners."
Since when have we had investing partners??
This Q&A was conducted just like a job interview and PK had some ears listening from big boy land. He wanted folks to know he has big deals without saying it. He wanted his Damiama contact from Mexico to call in as it will be a natural transition to blend Mesa in San Diego as Labatts leading distributor to our business in SA. He wanted that global touch on the call and the global reach of this company.
So I told you I was contacting several news sources about Drinks being in the mix for Labat, Rollin Roc, and Wil Turkee and shared some various things with them all in the public domain as to why they are a likely buyer of any or all three. I just has a great exhange with one in particular that is putting together a story now and it looks like we'll be a Sunday favorite again!
The misspellings are intentional so as not to come up on any Google searches. You know how it is.
Wow! You still don't get it. I would have thought you would have at least picked up the phone and talked to somebody before embarassing yourself. Drinks contacted THEM to bring the LOC up two months earlier. It was an asset based credit facility they were not utilizing yet having to pay for. It allowed them to get paid in 5 days on very large orders that normally would have been 30-60 days. They had to do this before implementing a newer and more broad based agreement allowing for further acquisition and larger orders.
But of course, you don't see that in the 8-K and won't use the telephone, so it is what it is.
Hope you enjoy making someone else sell.
As for Enable? I called them. They are laughing so hard at the fodder, I won't even go into those details.
Ahhhhh yes, the story is familiar eh???? And as it says, "everybody knows everybody."
http://www.democratandchronicle.com/apps/pbcs.dll/article?AID=2009902120334
I'll even be a nice guy and give folks the LONNNNG weekend of grace to get in touch with Kenny. He's in Cali meeting with Dre for a special Detox promotion. So don't bug him. When he gets back, I expect a full report of the findings from your in depth phone conversation. If it matches what I have, then we're good. If not, then everyone knows where we stand.
Dragonfly brought forward now. Looks like 50 Cent is going to get his Energy Drink after all. It totally accounts for why no Violator formal PR from the company until the whole package is solidified.
No Gink on that assessment. I have seen it nowhere in print therefore, you cannot assume anything about anyone here. Just as they start from the gutter and work up with respect to this company, so shall we with respect to the indivuals in this forum.
No, see that's where the disconnect in the entire process exists. You have to pick up the phone and make a phone call. I realize that is outside the realm of reality, and of course, proper due diligence.
The company is not even utilizing their line of credit. They do not need it. Pick up the phone and call Patrick and tell him to explain to you "precisely" what the $300K is and was for.
Then ask him to explain PRECISELY what transpired with Enable Capital, a hedge fund, and what the ultimate outcome will be.
Now, when you're done doing all that, I want you to report back here with PRECISELY what he says, and then I will know you have actually done the work required. Actually done your first bit of due diligence required with any stock. Talk to the right people. I don't want some lame crap that all you need to know about the company you can read in the filings. Then I guess every marriage in the worlds can be measured by the marriage license. No, the twisted web stops now.
Then and only then, I will demand, and continue to demand apologies from you daily, and every day until, and even after the stock is over $10.
But not to worry, you'll be used to it, because you will already have cowered away tail between legs as Johnny says within about 30 days.
And of course, we will all still be waiting for the apologies from 5 of them here.
I didn't call personally. I just called my contacts at the WSJ, Post Standard, D&C, and TBN. Told them about the sotry and suggested they call and work it out. So I'll be looking for a nice news story any time.
The least I could do since it's going to a nickel right?
Well, that was easy enough. Kenny was called and asked again if they were bidding Labatt. Once again, no comment.
Duh
That means they have money. That means they are buyers of this and/or something else. That means everyone else is wrong...again.
Why would he say no comment this far into the process??
Duh
Tell your friends and I suggest you get those measly shares back that were dumped. It is cluttering up the marketplace.
Rolling Rock done deal IMO. They wouldn't have allowed the "Rock Red" trademark to move to this next level if there was opposition from InBev. This should be and undoubtedly be our next acquisition, and "from sources familiar to the matter"...they agree.
ARCA in violation. Not displaying both sides. Of course, we know they are hiding a ton under .19.
And point of reference only. JSDA was 19 cents after a slight retrace right before it went to $33. But as we're being led to believe daily, that is of little significance now that it is 39 cents and "overvalued"
First off, time for a reality check again. The stock is 19 cents. Stock's that are 19 cents have their issues and all those issues have been priced into this stock many times over. Stocks that are going out of business are 19 cents. Stocks that are on the verge of BK are 19 cents. Stocks with negative perpetrators of information combing the archives looking to recycle the same McDonald's hamburger 40 different ways are 19 cents.
Second, the stock has lost 24% of its market cap in three sessions on 41000, 7000, and 14000 shares. Therefore, the company lost $5,100,000 in market cap from $21 mil to $16 mil on less than $15000 bucks. The stock is sporting a 21% spread and could be .35 just as easily as it is .19.
Third, Snyder and Schwalm are buddies for years. Formed SoBe together. Break bread together. If High Falls can get KPS to come in to back them, and clean things up, so can Drinks. It's that simple. If the media can cite "sources familiar with the matter" that High Falls is a bidder for Labatt or KPS is a bidder for Labatt, then I can cite those same sources that Drinks is a bidder for Labatt. I can cite that Drinks got $200 million in backing to pick up whatever InBev is willing to throw their way. Oh, but wait. We have to see it in print first from somebody else. Gotcha.
Fourth, the SOV/Santander deal was months ago. Santander froze all credit lines. Kenny reiterated emphatically at the SM that the SOV credit line was in tact. I'm going with the CEO over any bloggers at this point. At this point? Always actually. But more importantly, I'll place my bet on a white knight VC firm to move things along quite nicely from here. It's what "those meetings" were all about.
Fifth, its obvious the stock as I've stated before is priced for failure and not success. It is trading at .75 of forward guided revenues when the stock has always traded at 3-5 times sales since its inception for a fraction of its intellectual property value alone. Anyone that tries to say it should be less is just kidding themselves and the rest of us for even attempting that point of rationale. If you want to make this the "Show Me State", then fine; Nebraska is a great place to go hide from the world. In the meantime, this is the last chance to take advantage of these prices IMO. You'll have your news before you know it.