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"18 exciting retail locations in Indianapolis and is one of the largest chain outlets in the area."
Definitely is not going to hurt. More exposure for vodka of the future!
Well said. Pretty much nailed everything. I guess on June 21st we'll have a glimpse of what to expect and on September 20th most of us will reevaluate for good - to hold or to dump. I sure hope it's HOLD.
Keep it going! Now we need Orenthal and griff to jump in. I remember Kezzek was saying something about speculative position for small amount. Hey, Kezzek, like my friend says "No balls, no glory!" - come aboard!
I agree that PK burned a lot of bridges with many people with his action in the past. Numerous litigations where company had to pay in the end tells me that DKAM (PK) was to blame. I am yet to see at least one case where DKAM is the winner (hey, maybe with LIQR?? Would be nice :) "A final arbitration hearing has been scheduled for June 22, 2010, in Jacksonville, Florida.")
But why do you assume the guy can't learn?
It says: Currently 5,000 cases of Olifant are being produced in Holland against sales orders in hand. It could fit as many containers as you want, depends on size of container. Case is the most important measurement unit here. 5,000 cases. Probably they all will be split between CA and GA.
Just came home. I have this LS close to my work where 3 months ago I asked about Olifant. "Olifant? Why would we carry this one? We've got all sorts of vodka here. Take your pick." - was the answer. Today I decided to check if anything changed. I didn't even have to ask for OV as it was on very front of the shelves. I asked how it was doing and got the answer: "Well, it can't compete with Russian Standard, but it sells OK". Needless to say I left with 1.75 bottle of this product at $25 including taxes. You can't beat that!!
I don't think these are interrelated occurrences.
griff, I don't see us going below penny on recent developments, but I also don't see us breaking .02 at least until numbers released. So, why bother with counting .001s now?
That confirms overall trend I noticed by going over my local liquor stores in Brooklyn, NY. TV hardly sells - I think it needs more promotion from Mister T himself and probably much better economic environment to do well, but Olifant, where present, is doing good. I have my hopes high just on Olifant. It alone will become major player in DA's portfolio very soon.
IMO we will break 400M. With the pace we're on we'll do it this year. Though it can be stopped with Mexcor's help by the end of the summer. Recent developments indicate it is possible. We'll see.
"The assistant manager drinks it himself.." now that's gold! :)
Seriously, July 10 quarter should err... MUST be a breakout quarter!
Hmm, interesting.
Confirmed presenting companies as of 4/30/2010:
Drinks Americas Holdings, Ltd. (OTC.BB:DKAM - News)
Nicee!! Nice to see former investors realizing that if there is time to re enter then it's probably now (unless you're willing to buy at .04) PKG's info is very enlightening and looks like there should be no doubt our products will be in California in May. Mexcor is real!
Let's hope so. That's why I use Kezzek's advise that if you do not believe the company makes it - sell and never look back, if you do believe - add more. I'll buy more once there is proof OWR and OV available at Lucky and Save supermarkets.
I remember the same thing happened to me with TAST. Bought at 4 sold under 2 as the stock continued plunging on debt and decrease in sales concern (eerily similar to DKAM). In six month the stock peaked at $8 as they improved their sales.
Imagine if DKAM repeats TAST or JSDA scenario you'll lose your hair :)
I disagree with some of our longs that DKAM is like a "spring" or ready to fly "to da moon". That's why I never managed to climb that shuttle, that is parked for quite some time for, I guess, refueling. Even if PK stops dilution at, let's be optimistic 400-450M it will be looong way for DKAm to climb. There will be many sellers at .02 more so at .04 and if it goes to .10 there will be sea of sellers, heck even I would sell at .10 unless PK stated "No dilution. No reverse split". So let's hope DA would show progressively increasing fee income and reduction of debt. Market will react. Slowly, but will.
Joe, stop watching your blood (money) drain! Take a deep breath, relax and reevaluate your chances at least after July 10 quarter. That's precisely what I'm going to do. At this point I really don't care if it hits .01 or not. If it does I'll pick more. Will be waiting for westcoastdaddy to report on the availability of our products at Lucky and Save chains, which would indicate Mexcor is all about business!
Pictures as a proof! :)
You ever did bonfire? Just imagine you put so much nice wood and expect nice bonfire. You light the match and ignite it. The flames start spreading, become bigger and bigger you're salivating in expectation and then comes in your nemesis Patric Kenny and pours bucket of water on fire...
Geez, 161 stores... Let's do it!!
Joe, like I said there were too many unfulfilled promises. Today people will only beleive numbers. I myself cheer positive PRs but in the back of my mind know that 10Q is the only source that can tell us the truth.
If every one of them carries OWR and OV man, that will be huge!
We all hope it stops sooner or later. All recent developments should contribute to achieving this goal.
Do you have intention to buy in again?
Go ahead!
Wow good news after good news. I sure hope this is sign of turnaround!! Go DKAM!!
I stated before and truly beleive Olifant has (using sports terminology) All-Star potential written all over it! All we need now is bigger exposure for this product.
With the dilution of 10M per week we're going to stay under .02 for a while. Though it's all interrelated: once more money flow to the company - less need for this last resort.
Would be nice if some of the titans like Orenthal bought back. If you look at 6 months chart you see DKAM formed bottom at 1.3 cents. If someone would contemplate about getting speculative position now, I'd say go for it! If someone wants investment based on prospects of company growing and becoming profitable I'd say wait for next 10Q (or even better July 31 Quarter) to at least get a glimpse of what to expect with Mexcor.
Fantastic news! Go DKAM!
As evidenced by some of our posters DA's products began to appear in retail stores after some period of extinction. This indicates Mexcor deal is developing and progressing.
I believe if PK would not be able to dilute DKAM would already be gone.
Bills. Debt. Interest.
It caused too many people too much pain.
You can bet that the almost 10,000 cases includes the 5,000, 1,600, 1,500 cases.
Thanks for response. Yeah, too many things not clear, to many unknowns. Gotta wait for financials.
Yeah, main unknown quantities here:
1) Margins
2) What triggers generation of fee income - delivery or final sale.
Hopefully we'll find out soon.
Kezzek, what do you expect in terms of numbers this quarter assuming it's ~$10 per case?
I hope this is the case. But even if 19,300 were shipped even if 19,300 were sold that's approximately 200,000 of fee income. I would be thrilled if they reported this amount as it's roughly 100K short of break even point!
No offense guys, but do you use logic or common sense in your calculations?? Fee income will exceed 380,000????? I'm telling you right away NO WAY! Even if they shipped 20,000 cases which probably is not the case, Mexcor still needs to sell them all before sending money to DA. Also, last shareholders letter is very deceiving imo. PK says the agreement enabled us to produce and ship close to 10,000 cases and then goes over to discuss cases of what product were shipped and cases of what product is still in production. The way I interpreted 9,300 cases were produced (with Olifant still in production) and some of them already were shipped.
Considering Mexcore needs to sell a case before sending a payment for it I estimate current quarter fee income from 50,000 to 100,000.
Heck, 100,000 would be awesome but IMO not attainable.
Agree. Although IHUB is heaven compared to yahoo boards where any positive posting finds millions of negative altercations.
Also agree that we can just wait it out. I don't expect great results this quarter, but ever increasing sales from that point on once new model evolves. Therefore will sit tight adding on dips and cheering any positive news.
I miss RILO. At least his sweet posts were giving me piece of mind knowing that we're all millionaires in the foreseeable future. Without him the board is dead. And watching DKAM without any news is like watching paint dry. Sigh.
BTW, does anybody know what happened to Sneaky? Is he no longer DKAM shareholder?