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Comments from Kid Rock about Badass Beer...
How did things materialize with your new beer, Bad Ass Beer?
I was approached by Drinks Americas about doing my own beer.
We talked about it and it obviously made sense … I love beer. I consider myself a pro. When I used to have my deal with Coors Light, it was very good to me, I would be a smart *ss on my son’s emergency card form and stuff for school, I would write “professional beer drinker.” I was getting paid to drink.
So, they approached me and we talked about [it] and they wanted to start in New York or something and I said, “Really? If we could do something in Michigan … I don’t know what the Stroh’s plant looks like or what the breweries are like, but if we could investigate that and if there is a way I could do it and make it there and do something to help out the economy there and keep people employed … that would be a great thing.” Low and behold, it worked out beyond what I ever thought it could of in what’s happened in Webberville with the Michigan Brewing Co. and the million dollars that has been invested in tax breaks from the government and hiring 450 people. It’s all been very positive … even though it’s going to get really negative as soon as I start f*cking with all the other beer companies with our ads because it’s going to be so much fun.
Really … who are you going to put on blast?
We’re putting Budweiser, Corona, St. Pauli’s Girl … pretty much anyone who just makes a funny ad. It’s not that I have anything against them. It’s just funny that with my image and calling it Bad Ass Beer … the stuff you can do with it is just endless. The marketing is hilarious.
How involved are you with the actual development of the beer?
We had a few different tasting tests and bring three beers in at a time and number them one, two, three and have a bunch of friends, family, whoever, out to a local pub ... and I’d have everyone write down what number they liked. I really just wanted to make a normal beer. People out in the parking lots of Kid Rock shows or Lynyrd Skynyrd shows or Tom Petty shows, they are not drinking premium beer. Times are tight … people want to have something refreshing with no aftertaste, that is not expensive and, you know, it’s cool and that’s what I’ve really tried to model it after ... we always say, “This isn’t about drinkability, it’s about slamability.”
I assume you will probably be criticized for the beer and all of the other things you do, despite the fact that they effect our community in an extremely positive way. How do you deal with the haters these days?
There is too much good to focus on it ... I’ve always said … if Jesus Christ was sent back to earth to forgive us for all our sins … I’m very confident that the first person that gets a picture of him will throw it up TMZ and I’m pretty sure the first comment will be “Jesus is a f*cking douche bag.” You learn … there are people that work a long time to get to the positions they are in. When you are talking about ... what some smart *ss 16-year-old kid says on a blog, I’ve learned, it’s all very funny and entertaining, but it’s just not very relevant to anything ... I know I’ve worked a long time and very, very hard to get to this position and I get to make a lot of people happy.
You can always tell a slow day at the office.
1. 500 share trade through at .30 I'm working on getting busted now.
2. Make up questions for other people to ask.
Don't forget the biggest one...
Kidd
Oh, I forgot! She's sitting in Chris Elias' office typing on her cell phone!
I was just reminded of something that will lead to higher sales even though the company will never lay claim to it.
When Coors first came out, everyone wanted a "Taste of the Rockies" but had to wait a considerable time for the product to make it across the country.
So, truckers would load up all they could and then sell it in states where it wasn't being offered and people wanted it. So, people would pay 3-5 times over retail to get their hands on some.
You have to figure if they will pay $48 for 144 ounces at Comerica Park, they will probably pay $100 for a case of bottles at 288 ounces.
Totally illegal and not me of course, but these Kid Rock fans are relentless!
Oh, and if you want to argue that it will never happen, that is your prerogative. But what are you going to do about the 3,000,000 registered trucks on the highway in this country that are crossing state lines who all just happen to be a vital and thriving part of Kid's demographic?
You going to keep them from carrying 10 cases home where their state has none? To enjoy at their leisure. Oh, that's right. Truck drivers don't drink beer.
Add another 30 million cases of potential sales...give or take.
No, I would hate to be a real big holder and have someone tell me my position has been diluted by 27% since April 30, when in fact the authorized and outstanding shares of DKAM as of that date was 86.58 million shares therefore resulting in a 17% increase in outstanding shares.
Further, it would be more of an injustice to usurp that same individual's large position and level of intelligence by ignoring this climate in which shares were issued as the worst economic crisis this nation has faced, as well as this company, all while they were putting the biggest sales and profit generator for the company into the market.
News Release
FOR IMMEDIATE RELEASE Contact: Ashli Bobo
BERLINE
248-593-7436
abobo@berline.com
The Symons Family to Receive 2009 CRUSH Northern Michigan
“Restaurateur Humanitarian Award”
Troy, Mich., July 27, 2009 – Children’s Leukemia Foundation of Michigan, a statewide agency
whose mission is to help families cope with leukemia, lymphoma, and related blood disorders, is
proud to present the 2009 “Restaurateur Humanitarian Award” to the Symons family. Chandler
Symons III will accept the award on behalf of the family at the 2009 CRUSH Northern Michigan
Wine & Food Classic on Saturday, August 15, 2009. The event will take place from 6 PM to
12 AM at the private Boyne Falls home of Kathryn Kircher.
The “Restaurateur Humanitarian Award” recognizes individuals for their overall excellence in the
food and hospitality industry, as well as their extraordinary contributions to the community.
The Symons family has been a fixture in the Northern Michigan community for more than 50
years. Their family roots are in their family general store founded in 1956 by the late Chandler
“Tom” Symons II as a family business with the first Symons General Store located at Boyne
Mountain. Chandler Symons III now operates the family general store in Petoskey, the awardwinning
Chandler’s Restaurant in Petoskey, and Pierson’s restaurant in Boyne Falls. Symons is
also the new owner of Bay Harbor restaurant cava. He credits the success of all the family
businesses to two things: the hard work of his parents, who built the family business, acquiring
and maintaining its reputation for high quality products and service; and the “amazingly talented”
people who have come to work with him.
The Symons family has tirelessly demonstrated their commitment to philanthropy and
supporting Michigan charities and organizations. They have contributed to the Northern
Michigan Hospital, Crooked Tree Arts Council, Little Traverse Bay Humane Society, Christ
Child, and the Bay Harbor Foundation, among others. Through the Symons family’s generosity,
these worthwhile organizations are able to continue their missions.
“It is a privilege to honor the Symons family with the 2009 Restaurateur Humanitarian Award, as
part of the CRUSH 2009 Northern Michigan event. They have made it a priority to give back to
the community and Michigan charities and we applaud them for their efforts,” William Seklar,
President and CEO of Children’s Leukemia Foundation of Michigan.
Modeled after CRUSH Birmingham, CRUSH Northern Michigan will offer the novice and
connoisseur alike the opportunity to savor the very best food and wine while enjoying the
timeless beauty and charm of Northern Michigan. Kircher’s home features an elegant ambiance
in a picturesque setting along the Boyne River. The evening will feature a second-to-none
experience including extraordinary wines paired with regional cuisine, river tours, a relaxing
bonfire, bocce ball, croquet, live entertainment from Urban Folk Sweetheart, Erin Ivey, and
dancing under the moonlight with DJ Mike Anthony.
Participating in the event will be Napa, California-based Proprietors, Vicki and Tom Celani of
Celani Family Vineyards, the Honorary Family Vineyards for 2009 and Igor Larionov of Igor
Larionov Selections, Also participating will be Master Sommelier and 2009 Honorary Wine
Director for CRUSH Northern Michigan, Ron Edwards. The Honorary Executive Chef for the
evening will be Jeremy Kittelson, Executive Chef of Restaurant Avondale in Vail, Colorado.
The list of honored guests also names culinary masters from around Michigan, including
Chandler Symons III, owner of award-winning Chandler’s Restaurant in Petoskey, Pierson’s at
Boyne Mountain Resort and new owner of Bay Harbor restaurant cava; John Korycki, Chef and
Owner of ZaZio’s Modern Italian Experience in Kalamazoo; Karen and Roger Williams, Chef
and Proprietors of Galley Gourmet in Bay Harbor; Marit Kaszubowski of the Bay Harbor Yacht
Club; Carol Costello, Chef/Proprietor of Costello Catering in Harbor Springs; Eric Patterson,
Chef of The Cooks’ House and Wellington Street Market in Traverse City, and Elizabeth Glass
and Chris Meyer, Proprietors of Lake Street Market in Boyne City.
Bryan Ulrich, wine expert and Owner of Left Foot Charley will be featured during CRUSH
Northern Michigan. Other wineries and importers highlighted during the event: Elite/Leone
Distributors, Empson USA, Bowers Harbor Vineyards, Gill’s Pier, and Weygandt-Metzler
Imports. Other sponsors include Grand Traverse Distillery with specialty vodka and Michigan
Brewing will debut the famed Kid Rock Bad Ass beer.
Tickets for the event are $1,500 per couple. Proceeds from CRUSH Northern Michigan will
support programs and services for Northern Michigan patients and families affected by
leukemia, lymphoma and other related blood disorders. For additional information about
CRUSH Northern Michigan, visit www.crush2009.com or contact event producer Jaime Rae
Turnbull at 248-672-2020.
About Children’s Leukemia Foundation of Michigan
Children’s Leukemia Foundation of Michigan is a statewide agency helping families cope with
leukemia, lymphoma and related disorders by providing information, financial assistance and
emotional support. In addition, the Foundation has provided more than $6.5 million in research
dollars to Michigan’s comprehensive cancer institutes. Children’s Leukemia Foundation of Michigan
is headquartered in Troy, Michigan. For more information, call 1-800-825-2536 or visit
www.leukemiamichigan.org.
# # #
Yep, he has been doing that about American Idol...American Badass at every concert.
I guess his way of keeping the name out there even though it is one of his songs he routinely performs.
That could be one of the dumbest most ridiculous things I have ever heard.
"Well, we might as well chalk it up boys and close the doors for good. The DOJ is making us sell Labatts because we will have too big a market share for the beer in NY. You know what that means right? We will never be able to buy another beer or beer company...ever...and grow our business because of absolutely no reason other than the fact one person thinks we should."
And it gets even better! Badass goes on tap at Terry's on August 6. On August 7, they have a COORS LIGHT sponsored pajama party to a packed house.
The result? Badass Beer outsells Bud Light, their best selling beer, BY MORE THAN DOUBLE. As for Coors Light, the sponsor of the party?
Badass outsells Coors Light by more than triple!
Knock knock. Who's there?
$30
$30 who?
$30 to make you holler while the rest sit in the corner counting shares!
Yep, once again, another great promo!
Binnis, you are definitely on to something as we have all drawn reference to but yet seem to get hammered for such at every turn.
We dig deeper. Deeper than most. When you do we find out that Terry's, for instance, has some 50000+ regular patrons on their mailing list. Why not? A nice place right on the water. Endless crab legs will always draw them in!
But this time, not the crabs! LOL Talk to terry and he'll tell you. Badass is the bomb! First time ever, a beer is OUTSELLING BUD AND BUD LIGHT combined. Friday nitght, a Badass kick off party two weeks after having the brew. Lines and once again, not enough beer!
Yes sports fans. We WILL, I repeat, we WILL get a buyout offer. It is simple ECONOMICS 101 for those who insist that shares and lawsuits are more important than what a product is doing to change the face of the landscape it is painted on.
And Binnis? The other camp will quickly try to talk everyone out of it because nothing like this we've talked about before has materialized.
But it is simple. My bet is it will be either InBev or SAB. Why? Because you always buy the company that is cutting into your market share. Or, you buy the company that is cutting into the other guy's market share.
Stay tuned. The party is just getting started and this time it will not just be at Billy's Place...it will be everywhere!
Kid Rock at Boyne Mountain
It seems now we have an icon for all.
Kid Rock in the way you know him best.
Fremantle Media, Makers of American Idol Present Kid Rock..
Ask on Tuesday. Hopefully he will reserve enough time to squeeze you in. First he has to answer how this company can have the audacity to issue a few shares and then attest to record sales growth as the result. After that he'll have to account for how Badass could be the best beer introduction in two decades leading to $$$hundreds of millions in sales for the company when he has a track record of not doing anything positive.
Once he deals with these life support issues, he'll check to see if the doors are still open. If so, then for comedic value, he might address all the avenues of additional revenue coming in for the company that will further accelerate sales.
Probably nobody will hear him because they will be waiting for the next caller to tell him 525 shares were issued while he was talking about record current growth for the company.
Badass was at the concert last night in Boyne Falls, as Kid performed at the amphitheatre there on a return visit.
If it was not inside MMS proper as I understand but was available in many neighboring areas going to and from then this wasn't a Drinks snafu or misjudgment or lack of awareness or another company having rights and not budging.
It would fall to the distributor to question why since plenty of beer was available.
Name
Buy American
Made by Americans
Born on the Fourth of July
Trouble's Brewing
Easy to drink. Done
Mock the big boys
Then you get military, road hogs, fans, blue collar, redneck, average joe.
That's enough. Nobody else matters. You have to spend too much money to "market" anybody else if they've haven't figured it out by then.
So, the decision was made to drop Newmans to enhance profitability and for the betterment of shareholders.
Miracles never cease.
As far as whether Kid will do the advertising himself or whether it goes back under the umbrella with WMG is still unclear unless somebody asks. Since we do have ties with WMG and IGAM both, we'll have to see.
I can tell you that Atlantic is covered under WMG. Kid came out vocally early last year wanting his own beer and from what I'm told, met with two other companies besides DKAM. He was directed to Drinks because of the relationship with IGAM and what DKAM was doing with them and Violator. Without it, and the so-called lack of visibility and products regarding Dre, 50, etc.., then Kid would have never known to go to DKAM.
It was no contest when the others turned their noses up at making the beer in Michigan as to who he would go with. They also weren't working with celebrity branded bevvies. He knew he'd made the right decision when he tasted it.
The rest shall we say is "future history."
How can you manage to misinterpret, misconstrue, and misinform this board with every post IIIIIIIIIIIIIII make?
The report was an ANNUAL REPORT THROUGH APRIL 30, 2009. YET IT INCLUDED A NUMBER OF ITEMS TO UPDATE THE SHAREHOLDERS, AS NOTTTTTTTTTT REQUIRED, ON A NUMBER OF ITEMS THROUGH JULY.
I would hope everyone will pick up on one big important point.
The company went out of its way to prepare an Annual Report detailing all financial activities through the end of April 2009.
In addition, they went to a lot of effort, and also adding to the delay of updating shareholders on various financial covenants, to update shareholders pretty much through the end of July of 2009.
What else is there? Nothing I can see.
So, come the middle of September you will see a turnaround in sales to a higher number for Q1 '10 adding in whatever will be discussed on Tuesday without any new surprises of consequence.
And everything else out there is about what you'd see for any 15 cent stock. In fact, pawwing over about a dozen of these financial stocks' reports, it seems to be far less than what those $2-$28 stocks are doing.
Top 'O The Morning To Ya!
It doesn't get any easier when you can simply stop traffic right next to the HOV!
Apparently so considering it still appears LIQR never paid any $$$ to DKAM and they filed for monies not paid in marketing cost that spanned longer than their entire agreement with DKAM. If I look more closely, I bet they are trying to get money out of DKAM for services before LIQR was even a publicly traded company. It would seem about right for them to given their track record. 101 finds it highly suspect when somebody jumps up knowing all about how much DKAM actually shipped to LIQR when it was never published anywhere. And further, one finds it highly suspect when that amount of $200K also finds some $90K or so of DKAM products sitting in a bailment warehouse not being delivered to customers that LIQR seized and took control claiming default. If LIQR supposedly received $200K of product and claim they were due another $800K in products that were never shipped, then why is $90K sitting blindly in a warehouse waiting to be stolen by LIQR? A matter for another day. Speaking of which, it is a clear and concise SEC violation for any member of the media in any regard to contact any publicly traded company and/or write any articles or report on any company thereon without first abiding by rules of Fair Disclosure that said member of the media is a shareholder in the company they are reporting about in any fashion. Ooops! That ends that.
Dang! More sky falling. A conference call. What in the world will we do having to talk about all these exciting new things that weren't in this news we read about tonight?
So anybody else thinking what I'm thinking? Great insight of a report!
Olifant is up 40% on $1.2 million ($1.68 mil)
Existing sales base of $2.478 million
Add Israel in for $3 million minimum up to its mandated $5+ mil per year.
We're at $7.1+ mil in sales, which are record numbers, and we haven't even booked a drop of Badass Beer sales yet?
What are you talking about? The sales for the year are $3.6 million. Add in the $1.2 million in Olifant sales. They are separated. So, we booked $1.4+ million for the quarter.
Sales at the end of January for 9 mos were $2.2 mil.
Sales at the end of April for the Fiscal year are $3.6 million.
We just saw a 180% increase in sales for the quarter and our lowest loss per share to date recorded.
Pro Forma or not. You can't take away the fact that they are there, and they are being booked now.
And please don't argue they aren't being booked now. Since this April 30 report, we have sponsored a 32 city tour with Olifant. We wouldn't do that not to book the sales and wouldn't put out PR's showing a 40% increase in existing sales.
Sell Mortimer! Sell! This company can't possibly make it on a turnaround like this!
Music to my ears and the deafening sound of another one bites the dust.
In June 2009, Liquor Group Wholesale, Inc. (“Liquor Group”) a company which provided distribution services for us in several states filed a claim for damages against us in Duval County Florida for alleged damages including breach of contract and is seeking approximately $2 million in damages. It is the Company’s strong opinion that the claim arose out of our termination of the agreements we had with them for their nonperformance, failure of the plaintiff to accurately report sales to the Company and their withholding of information required by the agreements. The Company filed a counterclaim of $500,000 for damages against Liquor Group and has denied their claimed breach of contract claim previously made against it. The Company contends that it is owed money by Liquor Group under the agreements.
Yep. And on Monday our sales were $2.4 million and now they are $3.6 million and we're sporting our lowest loss in company history.
We're just too darn good now.
Nevermind. Fixed and included. Sales $3.6 million now and work from there.
And there's the counter claim against LIQR for the $500K they owed Drinks and never paid one red dime of. As we all know, the REAL claim as they never paid Drinks a dime and over filed for monies due which will invalidate their suit.
Kid is the licensor. That's why the trademarks were transferred. It's how it is done. The LLC gets 50% but we book all the sales.
We may prepay all or part of the Drinks Debenture upon 10-days prior written notice and are entitled to satisfy a portion of the amount outstanding under the debenture by offset of an amount equal to 125% of the amount owed under the Investor Notes, which amount will satisfy a corresponding portion of the Drinks Debenture. For example, subsequent to receipt of the $375,000 and prior to the receipt of any payments under the Investor Notes, we can satisfy the Drinks Debenture by paying $718,750 to the Investor.
Also as part of this financing, the Investor acquired warrants to purchase 2,500,000 shares of our common stock at an exercise price of $0.35 per share (the “Investor Warrants”). The Investor Warrants contain full ratchet anti-dilution provisions, as to the exercise price and are exercisable for a five year period.
Out of the gross proceeds of this Offering, we paid the placement agent $37,500 in commissions and we are obligated to pay the placement agent 10% of the principal balance of the Investor Notes when each note is paid. We will also issue to the Placement Agent, warrants to acquire 5% of the shares of our Common Stock which we deliver in response to Share Repayment Requests, at an exercise price equal to the Market Price related to the shares delivered in response to the Share Repayment Request (the "Placement Agent Warrants"), which warrants are exercisable for a five year period, will contain cashless exercise provisions as well as anti-dilution provisions in the case of stock splits and similar matters
Our CEO has guaranteed our obligations under the Drinks Debenture in an amount not to exceed the lesser of (i) $375,000 or (ii) the outstanding balance owed under the Drinks Debenture. In addition our CEO, COO, and three other members of our Board of Directors and another of our shareholders, have, either directly, or through entities they control pledged an aggregate of 9,000,000 shares of our common stock to secure our obligations under the Drinks Debenture (the “Pledged Shares”). The Company has pledged an additional 3,000,000 shares of its common stock. The Company has agreed in principle to issue to those individuals who pledged their shares, 0.5 shares of Company stock for each share pledged.
On July 14, 2009 the value of the Pledged Shares fell below the required amount and consequently the Investor delivered a notice of default to the Company. On receipt of the notice the Company requested, and the Investor orally agreed, that the penalties the Company would have incurred would not apply. The agreement was subsequently documented and the Investor also waived the application of this provision through October 31, 2009. In response to the default the Investor to transferred 5,523,645 shares of the Pledged Shares into its own name in order to commence sale thereof to satisfy payment of the Drinks Debenture. Accordingly and upon the Company’s request, Investor agreed to waive its right under an Event of Default.
In order to secure waivers which the investors in our December 2007 financing claimed were required for the Company to consumate this financing (see Note 11), we allowed, and the three December investors elected, to convert an aggregate of $335,800(335.8 shares) of our preferred stock into 3,358,000 shares of our common stock.
In June 2009, in partnership with rock and roll personality, Kid Rock, , the Company formed a limited liability company (LLC) in which it is has a 50% interest and is the managing member. The LLC has the license rights to distribute Kid Rock’s BadAss Beer on a worldwide basis for a term of five years with a option to renew for an additional five years. The license requires the LLC to pay the licensor $0.35 per 24 can case (or equivalent liquid volume) with certain minimum royalties for years 2 through 5 of the agreement payable on the first day of the applicable year. In accordance with the agreement the Company is required to issue an entity controlled by Kid Rock warrants to purchase 100,000 shares of our common stock at an exercise price of $.15 per share which was the market value of our common stock at the closing of the agreement. The warrants are exercisable for a 5 year period. In addition, the Company is required to issue the entity additional warrants based on the sales volume of the product up to additional warrants to purchase 1,000,000 shares of our common stock at an exercise price of $.35 per share. These warrants will also have an exercise period of 5 years.
Yawn. All that matters to me is that it's the lowest loss ever for the company and the lowest loss per share for the company. All the rest is rhetoric during a severe melt.
Well, it's after 5 o'clock on deadline day. I just checked. No numbers. Nobody in parking lot. The lights are off. Doors are locked. No conference calls. Seller's orders crossing after hours. Consumer spending numbers in the tank. The past 30 days was all a dream. Issued shares that cannot be sold have suddenly become all this resistance on the stock. The world as we know it has come to an end. Yep, because we couldn't have a history lesson from six months ago and then talk about it by a certain time.
lmao!
Correct. The majority of the absolute disgraces to the market and the world just took $$$billions in money from where ever they could get their hands on it and repriced a number of other derivative instruments to just stay afloat.
Our company did it on their own without basically stealing from the American people and then scheduling a junket in whatever city the wind blew them.
Exception noted and once again discarded.
IS ANYONE OUT THERE LURKING AND WATCHING?
And not posting because you just don't do such things?
Well, let me give you some insight on what is about to unfold.
At some point today, I expect the company will make its deadline and file its YEAR END FISCAL 2009 REPORT ENDING APRIL 30, 2009. Pay attention now. APRIL 30 2009.
This will encompass a period when the market was sliding into an abyss and the world appeared to be crumbling before our very eyes. This encompasses a period where distributors stopped buying. Lenders stopped lending. And above all, CUSTOMERS STOPPED PAYING FOR PRODUCTS RECEIVED.
So, as a glimpse of what Drinks traversed in the global meltdown, I expect you'll see some very poor sales. After all, for those that watched, the company did not come with any news that they were doing anything exciting during this time period except selecting MBC to start producing Badass Beer.
As soon as that report is filed, you will see a number of people pop up screaming the end of the world. Look at me!!! Look at me!!! The sky is falling. Folks, it fell for everybody. But they are issuing more shares! Hey, everybody did! They have had one decline after another after another! Yep, many companies have and the average of their stock price is 20 times that of DKAM. They will comb that report today looking for any and every way for you to sell your shares so they can be right. That is why one of the bigger shareholders is sitting on the bid for 500,000 shares because he wants your cheap shares. He knows what those who own ZERO shares will do.
But he also knows the more important thing. The first quarter of FISCAL 2010 is already in the books. He also knows that since the April end quarter the company has credit, they are shipping product, the company has cash to sustain operations, the Israel contract is shipping and monies are being received, and most important, Badass beer was introduced to millions of people in MI and MBC cannot produce the beer fast enough. He already knows that the FIRST QUARTER 2010 ENDING JULY 31 WILL BE SUBSTANTIALLY HIGHER THAN THE NUMBERS YOU WILL SEE TODAY FROM THREE MONTHS PRIOR AND ARE MORE INDICATIVE OF WHAT THE COMPANY IS DOING TODAY.
But he also knows more. He knows that Badass being produced as fast as it is is going to produce even faster. He knows that the bottle business for Badass is substantially higher on a distributor level than the keg business. He knows those bottles are going online within a matter of hours AND IN THIS CURRENT QUARTER. That means that the July 31 quarter is symbolic of the dramatic turnaround for the company and this current quarter is the continuation of that turnaround for many quarters to come as sales will rise each and every quarter as far out as anyone can see for the nationwide launch state by state of Badass Beer.
He knows that alot of big numbers for Badass have been thrown about. He went out and found those numbers to be true and he knows that whether Badass does $10 million or $50 million or $100 million or $500 million, all of those numbers are much larger THAN ANY NUMBERS DRINKS HAS PRODUCED FOR THE COMPANY BEFORE. AND IT IS HAPPENING NOW! NOT BACK IN APRIL WHEN THE BEER WASN'T EVEN AVAILABLE.
Of course, until it is in a filing just what these numbers are, there again will be that host of negative players that want simply more than for it not to be true. They will continually bombard you with extra shares outstanding that of course lead to these massive sales. They will draw you back to no evidence of a turnaround because that turnaround isn't in a filing. They will show up with all sorts of lawsuits referencing Drinks while not holding a share. They will do whatever is necessary to draw any current and future money away from this stock.
No matter though. You won't have to wait long. The July 31 FIRST QUARTER 2010 NUMBERS WILL BE FILED BY THE MIDDLE OF SEPTEMBER. AT THIS POINT YOU WILL HAVE EVEN MORE INDICATION OF HOW MASSIVE THE SALES ARE FOR BADASS BEER. And yes, the naysayers will jump up again and tell you it is always tomorrow...always tomorrow. Yep! It certainly is! And tomorrow is even more sales for DKAM. Deal with it. They can't prevent it.
Just remember what is most important...and despite all to the contrary that is talked about otherwise. You don't invest in a company for what it is today or yesterday. You invest in a company for what it will be tomorrow. And for this company, tomorrow is happening in the biggest way you could imagine. And there isn't a thing all the naysayers can do or say to prevent it.
Economics 101 and the laws of market making. Create the bid for 500,000 and buy the ask for 500,000. That way the thieving market makers can't wash the stock out without him getting bought in the process. Plus he gets the glory of buying those shares of the ill informed, ill advised, and ill natured overall that will sell because the stock is on all time lows on this earnings report from six months ago instead of paying attention to what the company is doing today.
Pretty funny to watch the action. It's obvious who it is. At the end of June there were ZERO shares short on DKAM. If it was such a cataclysmic catastrophy as many would portray it, it would have millions of shares short. July saw that number rise to 16K shares short. And the action explains why. One person is holding a long position and is such a tightwad, they have been parked on the bid for weeks. So, what are they doing? Through another account, they are continually throwing 100 and 500 and 700 and 1000 share darts into the bid as a short, and into their own top bid in their other account to go long. Net result? They haven't lost or gained any shares. They HOPE and pray somebody will follow their dart and sell their shares to them. They own more long shares and own some short shares in two different accounts. Totally illegal and has been reported. But it continues to prove the mentality level that pervades the playing field in which we live.
It means that any current litigation of any kind is only attributable to what the company has disclosed over what anybody just up and types "arbitrarily."
You know I find it highly odd. A certain financial journalist has declined numerous requests for a phone conversation with the CEO of Drinks Americas.
That's worth as much as anything when it comes to credibility. Now it is bordering on stalking and witch hunting and pre testimony tainting of the defendant and counter claimant.
Noted and submitted
No, here are the facts.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6495913
Anything else is just message board rhetoric that can and will be dismissed.
I said Arbitration Claims
They never go to court
Whatever
It doesn't concern me
The train left the station and some companies didn't get invited to the party
First mistake. I never asked a question. Next mistake is showing up on another message board knowing full well the stock being protected is going out of business. I never did that. Follow the path of lies and deceit. Third mistake is not picking up the phone and talking to the vendors/suppliers. They will gladly offer you all the supporting materials to their claims against LIQR. One in particular offered fifteen counter claimants with the exact same story. Of course, any good self proclaimed journalist would have done that immediately, not to mention the presence of Olifant in the Western States is a one off presence at best and the only reason it is there at all before now. Any less than mediocre journalist would know that. As it is, it's just somebody doing whatever they can to protect the shares they are being given by the company and paint the tape every day to make sure it doesn't close under 20 cents before it goes to zero.