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3,000,000,000 / by 100,000,000 = 30 people possibly about to be rolling in dough! I'm a dreamer, what can I say!
I am on E*Trade and you can buy DKAM
EU Clears AB InBev’s $108 Billion SABMiller Takeover
http://www.wsj.com/articles/eu-clears-ab-inbevs-108-billion-sabmiller-takeover-1464107386
Canceled My Order... Your right!
It's beer 30
I have a sell order in at $.005 all or none for 60 days . LOL
At this point the chances of that happening are none whatsoever. For god sakes DKAM just take me out of my misery or shed some light on the situation. There is no news on day of the dead beer anywhere at all but Grupo Modelo purchased the brands with Cerveceria Mexicana S.A. De C.V.?
You can't place a buy order but you can place a sell order? Is this good or bad in your eyes? I can not tell if you were happy or upset? So your saying we are all screwed?
I am officially loaded to the gills on this one. Now I wait and see if one man's trash is another mans treasure. I know not what I do but am going with my gut on this one! pun intended! Best of luck to all involved $DKAM$
Any day now! LOL Burrrp! :( . ..
AB InBev's acquisition of SABMiller remains on pace for a second-half 2016 close.
S.A. can be an abbreviation of: Sociedad Anónima or Sociedad por Acciones in Spanish; variations include Sociedad Anónima de Capital Variable (S.A. de C.V.) and Sociedad Anónima Bursátil de Capital Variable (S.A.B. de C.V.) for publicly traded companies in Mexico.
Thanks for trying Sub! or Trade-O-Puss
Did the company profile get an update of Company Directors?
http://www.otcmarkets.com/stock/DKAM/profile
Maybe someone send and email to Mr. C Davidson to see where we stand?
Email: cdavidson@drinksamericas.com
Here comes Cinco de Mayo happy hour at Closing Bell.
5 May 2013 Constellation Brands Celebrates Cinco de Mayo and rings the NYSE Closing Bell
At least Constellation Brands (STZ) will have a nice Cinco de Mayo party at the New York Stock Exchange on May 5 as they officially kick off Cinco Happy Hour by ringing the closing bell.
http://finance.yahoo.com/news/edited-transcript-stz-earnings-conference-021557771.html
Rob Sands, Constellation Brands Inc - President & CEO [92]
--------------------------------------------------------------------------------
"Okay, well thank you, everyone. As we wrap up our discussion of the fourth quarter and FY16 results, I want to reiterate how pleased I am with our year-end success and how we are positioned for continued growth and financial strength in FY17.
As our guidance shows, we are confident in our ability to continue achieving growth and we are firm in our commitment to deliver shareholder value. We look forward to the next time we speak with you in early July when we will share the results of our first quarter of our new fiscal year.
But before then we hope you'll pick up a few of our fine products for your spring celebrations, including Cinco de Mayo and Memorial Day weekend. And speaking of Cinco, you can look for us at the New York Stock Exchange on May 5 as we officially kick off our Cinco Happy Hour by ringing the closing bell. Thanks and have a great day."
Kah Tequila Ruling April
http://www.prnewswire.com/news-releases/fabrica-de-tequilas-finos-sa-de-cv-is-pleased-to-announce-that-the-mexican-institute-of-industrial-property-impi-has-sanctioned-destiladora-del-valle-de-tequila-tequilera-la-tilica-sa-de-cv-for-illegal-use-of-the-tr-300253228.html
Why would DKAM go from marketing liqueur and beer for years to practically falling off the map and internet overnight? The relationships and ties between the Cabo family and Drinks Americas is bizarre because there is no current news. Did WWBI buy the shell of DKAM? I have no idea what is going on but wish I did! IMO feel like they are holding out information or news before a big event vs. going bankrupt and disappearing completely over night without news of that happening.
Volume 4.30 M?
Who is playing with my mine!? Not a fan of cryptic volume.
DKAM had a ton of volume traded over a 5 day period this time last year?
147.3 million 4/27/2016
268.1 million 4/28/2015
159.3 million 4/29/2015
37 million 4/30/2015
408 million 5/1/2015
1,019,700,000 Billion Shares traded in 5 days…
What does it mean??!
http://www.bloomberg.com/features/2016-trump-vodka/
DD is value! Go DKAM $$$
Sorry on phone
In my opinion I think DKAM will make me mucho dinero in 2016!!!
ttp://monitoreconomico.org/noticias/2016/jan/06/anunciara-anheuser-busch-epn-instalacion-de-su-nueva-planta-en-mexicali/???
The skeletons must and will come out one way or another!
Good artical on the exportation of mexican beer brands. http://www.forbes.com.mx/corona-la-apuesta-de-ab-inbev-para-conquistar-africa/
IMO DKAM shares/Assets/Exclusive distribution rights/Ownership of half of WWBI have been acquired as part of this 1 1/2 year long deal that went through Wednesday Nov 10th with Group Model. I hope the price is as high as it should be with the boom of Mexican Craft export worldwide IN 2014,2015 and we all will be flying high soon. I really don't care when it happens or news drops cuz long tax credits will make me go from rags to riches. Beer industry is no joke. Imagine Microsoft or Apple early 80s. LOL, We have our stake of this as share holders. Now write e my check.
GO $DKAM$ Forbes México - Noviembre 10, 2015
http://www.forbes.com.mx/grupo-modelo-adquiere-dos-cerveceras-artesanales-en-mexico/
Grupo Modelo acquires two craft breweries in Mexico
a company strategy to diversify its portfolio in the Republic
Mexican and reach new markets. Model group also wants crowned in the craft beer market.
Not just enough to be crowned in the traditional beer market. Grupo Modelo, through a subsidiary, acquired Mexicana Brewery and Tijuana Brewery, craft brewers that are located in Baja California.
"The acquisition of the assets of the two breweries an opportunity to strengthen brand presence in Mexico and abroad," company sources said Forbes Mexico, who did not specify the amount of the transaction.
Model includes the purchase of brands and assets of the two Mexican companies, which is no small matter for the opportunity it offers to corporate diversification of its offer in Mexico and other countries.
Mexicana has the Mexicali Brewery, Pilsner, Light Mexicali, Mexicali Dark, Day of the Dead, Red Pig, Chili Beer, Rio Grande and San Miguel brands, which are marketed primarily in the United States as well as in Australia, Japan France, Italy, UK, Spain and New Zealand.
On the other hand, Tijuana Brewery brews Light Tijuana, Tijuana Güera, Morena Tijuana, Rosarito Beach, Bufadora, Brava and Xolos, marketed in Mexico, Czech Republic, Japan, Switzerland, Hong Kong, Israel, Australia and Canada to name a few regions.
To this day, Grupo Modelo negotiations with the two breweries acquired are kept in terms of confidentiality.
In 2013, craft beers reached only 0.05% of the domestic market, a figure that could climb to 3% or 5% in the coming years, analysts say.
The beer market in Mexico was valued at 21.795 million dollars in 2012, according to data firm Euromonitor International.
The craft segment of the beer industry could have growths that reach up to 200% per annum, said in 2012, Jaime Abreu, president of the Brewery Association of Mexico (Acermex).
Grupo Modelo's strategy is to seek greater presence and better positioning of brands of Mexican beer in foreign markets, while continuing with the marketing of Mexican craft beers through its e-commerce platform Beerhouse.
Beer House is an internet platform that allows Mexican consumers buy premium packages and microbrews an offer that includes 53 brands from Europe, United States and Mexico, according to publicized on the website www.beerhouse. mx.
Among the brands are Minerva, Tempus, Azabache, Malafacha, Cucapá, Stella Artois, Hoegaarden, Hertog Jan, to name a few.
Mexico is the leading exporter in the world of craft beer to go with the product manufactured in the country to more than 180 countries.
The ability to model could make the difference in the market for craft beers. In 2013, the Belgian company AB-InBev acquired all of Grupo Modelo by 20,100 million dollars (mdd).
Grupo Modelo has an installed capacity of 61.5 million hectoliters of beer annually and produces 14 brands, including Corona Extra are, Modelo Especial, Victoria, Pacifico and Negra Modelo.
Currently, the brewery produces more than 78 million hectoliters per year, while generating 55,000 direct jobs and 2.5 million indirect jobs.
Read the full business strategy of Grupo Modelo in Mexico next edition of Forbes, published on November 15.
DKAM is not dead. Whack that piñata!
This stock has had consistent volume for the past 2 years?
http://www.nasdaq.com/symbol/dkam/historical?tf=2y
With very little/NO news updates? Only time will tell I guess...
Maybe the $320,000.00 debt owed to IBC funds is holding the stock price down? After DKAM has paid off all of its debt to IBC funds the PR and NEWS might start to come out. Until then PPS will stay where it is.
On July 26, 2013, the Circuit Court in the 12th Judicial Circuit in and for Sarasota County, Florida (the “Court”), entered an Order Granting Approval of Settlement Agreement (the “Order”) approving, among other things, the fairness of the terms and conditions of an exchange pursuant to Section 3(a)(10) of the Securities Act of 1933, as amended (the “Securities Act”), in accordance with a Settlement Agreement (the “Settlement Agreement”) between Drinks Americas Holdings, Ltd. (the “Company”) and IBC Funds, LLC, a Nevada limited liability company (“IBC”), in the matter entitled IBC Funds, LLC v. Drinks Americas Holdings, Ltd., Case No. 2013 CA 5705 (the “Action”). IBC commenced the Action against the Company to recover $327,131.65 of an unpaid Convertible Debenture of the Company, which IBC had purchased from the Company on October 15, 2012 (the “Claim”). The Order provides for the full and final settlement of the Claim and the Action. The Settlement Agreement became effective and binding upon the Company and IBC upon execution of the Order by the Court on July 26, 2013.
Pursuant to the terms of the Settlement Agreement approved by the Order, on July 26, 2013, the Company agreed to issue, in one or more tranches as necessary, that number of shares equal to $197,630.64 upon conversion to the Company’s common stock, $0.001 par value (the “Common Stock”) at a conversion rate equal to 35% of the lowest historical traded price of the Common Stock.
The Settlement Agreement provides that in no event shall the number of shares of Common Stock issued to IBC or its designee in connection with the Settlement Agreement, when aggregated with all other shares of Common Stock then beneficially owned by IBC and its affiliates (as calculated pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules and regulations thereunder), result in the beneficial ownership by IBC and its affiliates (as calculated pursuant to Section 13(d) of the Exchange Act and the rules and regulations thereunder) at any time of more than 9.99% of the Common Stock.
Furthermore, the Settlement Agreement provides that, for so long as IBC or any of its affiliates hold any shares of Common Stock, the Company and its affiliates are prohibited from, among other actions, voting any shares of Common Stock owned or controlled by the Company or its affiliates, or soliciting any proxies or seeking to advise or influence any person with respect to any voting securities of the Company, in favor of: (1) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Company or any of its subsidiaries, (2) a sale or transfer of a material amount of assets of Company or any of its subsidiaries, (3) any change in the present board or management of the Company, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board, (4) any material change in the present capitalization or dividend policy of Company, (5) any other material change in Company’s business or corporate structure, (6) a change in Company’s charter, bylaws or instruments corresponding thereto (7) causing a class of securities of the Company to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association, (8) causing a class of equity securities of Company to become eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, as amended, (9) terminating the Company’s transfer agent (10) taking any action which would impede the purposes and objects of the Settlement Agreement or (11) taking any action, intention, plan or arrangement similar to any of those enumerated above.
F-30
Table of Contents
The issuance of Common Stock to IBC pursuant to the terms of the Settlement Agreement approved by the Order is exempt from the registration requirements of the Securities Act pursuant to Section 3(a)(10) thereof, as an issuance of securities in exchange for bona fide outstanding claims, where the terms and conditions of such issuance are approved by a court after a hearing upon the fairness of such terms and conditions at which all persons to whom it is proposed to issue securities in such exchange shall have the right to appear.
On March 7, 2014, the Circuit Court in the 12th Judicial Circuit in and for Sarasota County, Florida (the “Court”), entered an Order Granting Approval of Settlement Agreement (the “Order”) approving, among other things, the fairness of the terms and conditions of an exchange pursuant to Section 3(a)(10) of the Securities Act of 1933, as amended (the “Securities Act”), in accordance with a Settlement Agreement (the “Settlement Agreement”) between Drinks Americas Holdings, Ltd. (the “Company”) and IBC Funds, LLC, a Nevada limited liability company (“IBC”), in the matter entitled IBC Funds, LLC v. Drinks Americas Holdings, Ltd. , Case No. 2014 CA 001374 (the “Action”). IBC commenced the Action against the Company to recover $455,000.00 (the “Claim”), which Claim consists of the Notes (as defined below). The Order provides for the full and final settlement of the Claim and the Action. The Settlement Agreement became effective and binding upon the Company and IBC upon execution of the Order by the Court on March 7, 2014.
Pursuant to the terms of the Settlement Agreement approved by the Order, the Company agreed to issue, in one or more tranches as necessary, that number of shares sufficient to satisfy the Claim amount upon conversion to the Company’s common stock, $0.001 par value (the “Common Stock”) at a conversion price equal to 25% of the lowest sale price of the Common Stock during the ten (10) trading days preceding the share request inclusive of the day of any share request.
The Settlement Agreement provides that in no event shall the number of shares of Common Stock issued to IBC or its designee in connection with the Settlement Agreement, when aggregated with all other shares of Common Stock then beneficially owned by IBC and its affiliates (as calculated pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”), and the rules and regulations thereunder), result in the beneficial ownership by IBC and its affiliates (as calculated pursuant to Section 13(d) of the Exchange Act and the rules and regulations thereunder) at any time of more than 9.99% of the Common Stock.
Furthermore, the Settlement Agreement provides that, for so long as IBC or any of its affiliates hold any shares of Common Stock, the Company and its affiliates are prohibited from, among other actions, voting any shares of Common Stock owned or controlled by the Company or its affiliates, or soliciting any proxies or seeking to advise or influence any person with respect to any voting securities of the Company, in favor of: (1) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Company or any of its subsidiaries, (2) a sale or transfer of a material amount of assets of Company or any of its subsidiaries, (3) any change in the present board or management of the Company, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board, (4) any material change in the present capitalization or dividend policy of Company, (5) any other material change in Company’s business or corporate structure, (6) a change in Company’s charter, bylaws or instruments corresponding thereto (7) causing a class of securities of the Company to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association, (8) causing a class of equity securities of Company to become eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, as amended, (9) terminating the Company’s transfer agent (10) taking any action which would impede the purposes and objects of the Settlement Agreement or (11) taking any action, intention, plan or arrangement similar to any of those enumerated above.
The issuance of Common Stock to IBC pursuant to the terms of the Settlement Agreement approved by the Order is exempt from the registration requirements of the Securities Act pursuant to Section 3(a)(10) thereof, as an issuance of securities in exchange for bona fide outstanding claims, where the terms and conditions of such issuance are approved by a court after a hearing upon the fairness of such terms and conditions at which all persons to whom it is proposed to issue securities in such exchange shall have the right to appear.
On June 12, 2014, the Company entered into a Judgment Purchase Agreement (the "JPA") with IBC Funds LLC (the "Seller"), pursuant to which the Company bought from the Seller all right, title, and interest in and to the judgments against the Company and J. Patrick Kenny, held by the Seller.
The executed JPA provides that Seller sold and assigned to the Company all of the Seller's right, title, and interest in and to the Judgments in consideration for the Company's promise to pay the Seller the aggregate sum of $320,000.00 in accordance with a payment schedule included in the JPA.
You could probably reach Richard Cabo or get his contact information at WWBI.
http://www.manta.com/c/mtrq0lw/worldwide-beverage-imports
Drinks Americas Holdings Ltd
4101 Whiteside St
Los Angeles, CA 90063
Phone: (323) 266-8765
Worldwide Beverage Imports LLC
4101 Whiteside St
Los Angeles, CA 90063
Phone: (323) 266-8686
Last 8-K states that DKAM is still affiliated with DOTD
http://quote.morningstar.com/stock-filing/Announcement/2015/2/7/t.aspx?t=:DKAM&ft=8-K&d=97871a97d5d72d52394588b272a05f05
On February 7, 2015 the Company’s Board of Directors elected Salvador Chavira Reza as a Director of the Company. Mr. Reza has a background in real estate development and brokerage.
At the same time, the Company’s Board of Directors confirmed the election of Mr. Leonard Moreno as the Company’s Chief Executive Officer, Secretary, and Chairman of the Board.
Mr. Moreno has 37 years of experience in the beverage industry with extraordinary depth and expertise in the manufacturing, marketing, and distribution of beer and wine products. From 2006 to the present, Mr. Moreno has served as Managing Director at Cerveceria Mexicana, S. de R.L. de C.V., Tecate, B.C., Mexico. In that capacity, he has rebuilt Cerveza Mexicali and established and developed new lines of craft beers, including, Day of the Dead, Rio Bravo, and Chili Beer.
From 1998 to 2006, Mr. Moreno was Chief Executive Officer of Marta’s Vineyards where he established a distributor network and built a successful wine import and distribution business in the United States. From 1978 to 1998, Mr. Moreno served in various capacities as a national sales manager, managing director, vice president, regional sales manager, and as a sales manager for select beer and wine products.
The Company believes that with a new and experienced management team, the Company may be able to better implement its business plan subject to market and general economic conditions.
Once we see a filing or news this thing will shock everyone IMO. Cabo and Lenny have a plan and with crazy revenue and low overhead we will be in for a surprise. Just a matter of time. Possibly April 2016. I don't care when, since I am in this whether we sink or set sail or even take off. My long term tax benefits are just an added bonus at this point. BTW what happened to our promising Eagle? He was all about this taking off into the sunset. Can someone PM him for an update?
The world's biggest brewer, Anheuser-Busch InBev, has agreed to buy its main rival SABMiller for $104 billion
This my be the ultimate!
Beer Wars!
http://www.usatoday.com/story/money/business/2015/10/07/beer-wars-anheuser-busch-inbev-makes-third-bid-sabmiller/73500474/
Great video and read!
The video says there is an Oct, 14 deadline for this deal?
I hope we make some $$$ with DKAM soon.
Whether Good, Bad, Alive or Dead. I have a feeling NEWS is right around the corner... Happy October 1st! Go $DKAM$
Or a private company could be buying the shell of this public company and the DKAM ticker symbol to go public themselves and use Drinks Americas debt as tax write-off. It can cost a lot to IPO and take a very long time. Especially if your located in Mexico I assume. A little Safe Harbor stock/debt buy back would be nice.
Here's an example of an accounting safe harbor: a firm is losing money and therefore cannot claim an investment credit, so it transfers this claim to a company that is profitable and can therefore claim the credit. Then the profitable company leases the asset back to the unprofitable company and passes on the tax savings.
GO DKAM!