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OK, Patrick, you're in position to top Trump and Gates all together and become the richest man the world has seen if you make DKAM worth $5 :))
Let's do it!!!
Guys, just to make it clear, no buyout is ever happening if company loses money and is on the brink of disaster like DA is. Nobody needs liabilities on their balance sheets. For any remote possibility of a buyout to happen company must show increasing sales, profitability and prospects of future gains (new icons' beverages). And if DA ever shows profitability I would be the one happy camper even without any buyout.
Looks like Patrick stopped his monster printing machine (at least temporarily). We may see some upward movement next week, especially if positive news out.
AMAZING!!!!
Nice buys!
For DKAM to start its climb PK needs to come out with some serious news. Form 4 is great, but investors need more than just CEO's belief in the company. People need numbers!
Come on Patrick, show us some $$$
I understand when people skeptical about certain announcements coming from the company, but to be such about Form 4 is beyond my imagination. I guess sweet is sour for some people for good.
Yeah, looks it wasn't open market. Though I can't find any info on this in recent 10Q. What could it be?
But any way you slice it - it is positive thing.
Tomorrow should be good. At least it will buy us some time till Mexcor update.
Did he pay his own money or issued shares?? Now that's the question!
WOW IT'S HUGE!!!
http://www.insider-monitor.com/
He's the largest shareholder yet he continues accumulating.
Edit: looks like he bought at 0.04!! ?? on 01/11/10
S***** K*****,
TABC is investigating this matter. However, we cannot release information regarding ongoing investigations. Once our investigation has been completed information will be available for release through Public Inquiry.
Sincerely,
Thomas W. Graham
Marketing Practices Supervisor
Texas Alcoholic Beverage Commission
5806 Mesa Drive
Austin, TX 78731
http://www.tabc.state.tx.us/
http://www.tabc.state.tx.us/marketing_practices/bulletins.asp
V: 512-206-3411 F: 512-206-3349
EMAIL: t.graham@tabc.state.tx.us
"My question is, who is selling and why?"
As of August 17, 2009, we entered into a Preferred Stock Purchase Agreement (the “Purchase Agreement”) with Optimus Capital Partners, LLC, d/b/a Optimus Special Situations Capital Partners, LLC an unaffiliated investment fund (the “Fund”), which provides that, upon the terms and subject to the conditions set forth therein, the Fund is committed to purchase up to $5,000,000 of our Series B Preferred Stock.
Fill it tomorrow.
Spoke to Dan Schustack at CEOcast Inc today. I was hoping he could give me some insight on the date/week of the upcoming shareholder letter. He said he knew the same information from 10Q ("several weeks") and that recent price decline was a direct effect of preferred stock financing. We agreed the Mexcor update should be Big.
Before .018 ask there are following asks:
MMID Ask Price Shares Date/Time
DOMS 0.013 5,000 11:12:43 AM
AUTO 0.0138 5,000 2:56:57 PM
ETMM 0.014 5,000 1:49:20 PM
NITE 0.014 5,000 3:47:45 PM
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=dkam#getQuote
Brace yourself! We're going to submerge into sub-penny territory. Now!
Steady boys! It's only a game :)
Until I find out for sure about where Dr.Dre and DA stand and whether they're working on product launch or not my level of excitement seeing all the Detox launch hype = 0. Totally didn't like PK's answer regarding Dr. Dre during last CC.
Welcome back boston!! We missed you!
Thanks, PKG. Hope for some positive news (Mexcor update) soon. At least we're above 1c.
I wish stock market was closed for the next couple quarters :))
"I disagree with what you say, but I will defend to the death your right to say it" - Voltaire
This is perfect answer to RILO's post addressed to me. Sure I express opinion, but to call "DA is nearly debt free" ($7M in liabilities that must be paid in cash or stock) or "Dillution is for company debt reduction and they are almost done" (02/18/2010: O/S 228,374,534 - 3/29/10 O/S 264,363,014 36 MILLIONS INCREASE) how are these qualified - FACTS?? Please, RILO, I respect your opinion even though you were soo wrong in the past, so spare me from hearing from you something like this: "So much of your info is opinion and is wrong" because this line fits perfectly nearly all your posts for the last year.
Thanks PKG, it's nice to see a skeptical (in a good way) person like you getting more shares, but I rely only on my own DD. Anybody can access 10Q where all the info from inception to date. I feel (or hope, to be exact) based on recent changes company can turn it around. If they were to file BK - it would have done long time ago, before "death spiral financing" as it is the last resort for any struggling company. IMO rights offering probably the only way PK can obtaing financing without further dilution and it's nice to see he's working on it. Also, if PK was to abandon (bankrupt) DA his career would be over. I feel it's personal for him to turn things around. As far as i'm concerned PK did not report blatant lie lately (well, Canada is a mystery - if anybody has update please share) and looks like he learned his lesson. Upcoming shareholders letter with Mexcor update will shed some light on how things going and if it is positive we may see a little run up even before next quarter numbers out.
It would be nuts to average down before Mexcor, but now, in spite of remaining problems, I would do the same. In fact I bought more at .0165 couple days ago.
hard to disagree...
DKAM is going to a penny!!!!!!
April's foool!!! HAHA
Wait, but this is true... :(
UBSS on the bid at 0.05!!!!!!
:) I wish today was not April 1st...
Yep, 90 days. You're right. Still I'm pretty sure there would be some updates before 10K:
- Mexcor sales progress
- BAB (hopefully)
- Dr. Dre (I believe it when I see it)
- Rheingold (unlikely)
Big news would be Israel distributor finally set for production as it was reported in 10Q: "The distributor is in the process of purchasing component parts for its own production."
Close your eyes now and open them on June 21st (when presumably numbers for this quarter will come out).
My friend wants to buy 1M DKAM at .01 Come on it would be unfair for him to own on 10K 3 times as many shares as I own on 15K... :(
Lmao, we're in green hahahaha
I know how excruciating it is to watch your stock going down down down... I think I'm gonna take a week break and not to check my account.
As far as DSF concerns, only rights offering or some other form of investment can save the company from issuing preferred convertible. In this economy it's hard to find big investor, so I presume rights offering is the only way out of dilution.
Joe, if you're losing 10-15% sell it and don't look back. Because it looks like you won't be able to deal with 70-80% losses like most of us here. DKAM is not for the faint of heart.
"several weeks could be 2-3 months in his world"
Could be. Also, it could be next week. We'll see.