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FO continues a nice uptrend finishing the week up.
The LIQR website still shows DKAM products, so I think they are still distributing for DKAM.
I only know what the recent filings tell me. There is a section in the SEC filings of Liquor Group - LIQR that says that DKAM has aproximately $150,000 in back orders. When you look at the LIQR filings from the prior quarter, DKAM had about $120,000 in back orders as well. This is a trend that can definitely hurt DKAM in the market, if they don't have product to fill these orders, and it certainly can't be helpful for DKAM's relationship with LIQR, considering no inventory, no sale, no profits.
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How do you know this about DKAM?
Does anybody know why DKAM shows up in the SEC filings of LIQR with $150,000 in unfilled orders if DKAM is doing OK?
No one at LIQR would "not comment" on this issue, but LIQR has DKAM products in 15 or so states!
Anybody know why DKAM has such a big back order with LIQR?
Shows about $150,000 in unfilled orders in the SEC filing.
I am merely floating a concerns about DKAM with others whom have skin in the game. Market makers would not "Clear the Books" on a stock that they thought was going up in value in the near future, that is just crazy talk.
The reality is when the selling is majority on the bid side there are real issues to scrutinize. There are several major sharholders whom have posted bids in 10K quantities to absorb the downward pressure, but how long will they hold up if the pressure remains downward as it has been for so many months?
How do we know that increase in volume of the DKAM selling is not the dumping of shares by insiders? Large majority of the selling was on the bid side.
Does anyone know what the insiders are reporting for their holdings?
My DKAM share price guess: $0.05
Not new to PK but for a DNAB to have such extensive operational claims I would assume they should have pretty decent books to present.
Just looking for some steak with that sizzle.
Old Pogue’s "Horseplay on the Midway" McGala a Success
May 2, 2009 - Ponte Vedra Beach, FL - The 15th Annual Ronald McDonald House® Charity McGala held at the world famous Sawgrass Marriott Resort featured a Kentucky Derby and old-fashioned country fair theme complete with great food, entertainment and giving. Liquor Group donated the bar for the $250 per couple event, which included some of their finest products such as: Old Pogue Bourbon, Ocean Organic Vodka from Hawaii, Surreal French Vodka, Happy Tequila and Primo Malbec Vodka.
After "betting" on the big race, guests watched the action on big screens inside the ballroom and sat down for a wonderful meal. Many guests sponsored families staying at a Ronald McDonald House® for a year, six months, three months, a month or a week. Each donor received a balloon for their commitment and the air above all of the tables quickly filled with them. A silent auction featured a variety of items for guests to take home including artwork, jewelry, golf items, trips and gift certificates to popular restaurants. A local favorite band Pro Bono got everyone up and dancing after dinner.
The event raised nearly $250,000 for the House program thanks to Presenting Sponsor Vistakon® and McGala Chair Meg Kuchar. A big thanks to everyone that attended the event, and Liquor Group looks forward to seeing more of you next year!
Why doesn't DNA Beverage (DNAB) have any SEC filings that we as shareholders or potential investors can readilly review?
As investors we must rely on facts to make good decisions, not just hype. I think that there is a good chance that they have something worthy of investment here, but I need facts!
Where are the financials on this company? How can you evaluate the company without any data?
I agree that DKAM has big potential. The Liquor distribution industry is consolidating rapidly. Glaziers, one of the nations largest (and oldest distributors at 100 years old) just merged with Southern Wine & Spirits. Independent Distributors are becoming as rare as unicorns. They need to make a big push to get their brands implimented.
It is good to hear from a large shareholder of DKAM. They have a golden opportunity in the control states with Liquor Group (OTCBB:LIQR) behind them, and they can move quite a bit of the lower cost Olifant Vodka in those 18 states with little difficulty and high profit returns.
I hope they pull it off!
From what I can understand reading DKAM's SEC filings, I think they are either out of cash or very low on it. Their debt service is high and they do not have much treasury stock left to raise additional capital without mass dilution.
Distribution of a new beer is both expensive and carries a small profit margin per unit, and when you consider that beer has a shelf life, that worries me at the retail level (remember Booty Beer?...)
I think their top management is very clever and resourseful, so I hope they can pull it off.
Glad that someone is focusing on DKAM in their blog!
Liquor Group Wholesale (LIQR)
Notice the volume trend, it looks like the buyers are finally stepping up to the plate!
StockProfiler.US: LIQR
Stockguru.com: Stocks to Watch: LIQR
For a company that has not hired any AR firms to date, they sure are getting a "buzz" on the Street!
Drinks Americas (DKAM) carries a lot of debt service as well. Have you seen Liquor Group Wholesale (LIQR)? They are a distributor of Drinks products in 10 or so US states but they have a very compelling story.
If you like STZ you should check out Liquor Group Wholesale. OTCBB: LIQR
They are in a similar industry but have a large market potential an no debt with a tiny float. US Operations in 31 States.
Worthy of a look?
Liquor Group Wholesale (OTCBB:LIQR) continues to surpass the expectations of it's current shareholders, yet it does not seem to have the attention of the general public as of yet.
When it does, watch out!!!
Greedy 1 must be very pleased, in at $.07 and now trading at $.32.