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I believe your ATTITUDE is WRONG. I believe that anyone who has questions should have them answered. We are SHAREHOLDERS, OWNERS if you will. It's ALL about the little things and inspecting what you expect.
PK announced forward progress in terms of specific business benchmarks (Shareholders Letter)and we tracked them during the timeframe he gave us (Timeline) and they, for the most part did not occur. That brings into question his credibility IMO, because there was NO explaination from him or the company. I believe he has to answer many questions for the sake of shareholder confidence in HIS Integrity.
I am not bashing PK and I am with him but he has some explaining to do. You or PK may not like it but it's the right thing to do (integrity). Integrity is what counts, more than ever, considering this economic environment. If you want to talk about AIG, Integrity is the comparison that should be made. If anyone who asks questions is laughed at, I will sell my shares as I'm sure others who are interested in competent leadership will as well.
I don't want to hear anymore forward BS. I want to hear specific explanations and I want to hear specific numbers and planned dates in terms of Timeframes. The days of following PK and the DKAM management blindly SHOULD be behind us. At this point there should be a plan in terms of marketing, production and deliver that can be announced and follwed and we, as shareholders / owners should be kept UP-TO-DATE in a TIMELY manner. This is what I'm looking for, a company that ANSWERS to shareholders and works through a specific business plan for a positive result with REAL numbers. NO MORE PIE IN THE SKY BS!!! IMO Coach
TOO Late for that "CRAP," it was LONGGGGG Overdue and would be Pointless NOW!!! Have your questions ready for the CC. We should be grilling Mr. Kenny in terms of what was said, leading to expectations and what has occurred, which is not much. I'd like to hear the reasons for the results and move on to what the forward moving plan is now for the future. IMO
(LOL) Excellent Advice!!!!!
BAD Time for a COMMUNICATION delay IMO!!
Makes sense to me. Glad to see you are being hoonest about the business environment at this time. DKAM future rides on the Kid Rock Beer INTRO and sales numbers. The window is closing. IMO Coach
Good Point, but I do believe more beer is consumed during the summer...............
St. Louis wouldn't be such a bad thing either (LOL)!!!!
Regarding The CC. It is my hope that concerned SHAREHOLDERS would make a concerted effort to have questions and concerns answered by the CEO on the air in regards to our investments. The last CC was VERY quick IMO due to the fact that there were no more questions for MR. Kenny. Do not be afraid, he works for YOU!! I suggest everyone with questions and / or concerns write down their thoughts and express them during the CC. Thanks. IMO. Coach
Yes it is my friend. The Company / CEO stated that the Beer would be Manufactured in February / March. If DKAM misses this HUGE Opportunity it would certainly throw up RED FLAGS for me. I would have to take a look at my position and make some decisions. This is TOO EASY!!! IMO. Coach
Personally I would like to see it. I'm not sure it will happen. The Beverage industry and the economy etc., etc., introduce too many variables in the business environment at this time. Kenny has been beaten up enough. As he stated regarding the last letter, "No good DEED goes unpunished."
Hopefully you are CORRECT in terms of the OUTSOURCING!! I would expect nothing less from an Experienced Beverage Management Team!!! This BEER needs to get out and HIT HARD RIGHT away! IMO
My INFO says we are NOT releasing "TOPLESS" at this time.
That's not going to cut it. 100,000 cases will be sucked up by troops returning home alone. They had better have another BREWERY ready to CRANK it out!!!
If ALL this talk is TRUE (Pre-Orders), I sure hope DKAM has a contingency plan for another BREWERY ASAP! If they make the Market wait on this ONE, it will not be good. Hey, there will be people that will LOVE the beer and promote it on there own but not everyone is going to LOVE the beer. Any negative media (Bloggs, etc.) will stunt initial sales in other markets,IMO, if the product doesn't get out and IN THE STORES in a timely manner. I'm a DKAM man ALL THE WAY but OUR record in terms of delivery is questionable at best at this time. IMO COACH
MOST KR Fans will "TRY" the Beer wit a SIXPACK IMO!!!
Correct. In regards to my POSTS, I know KR starts a tour in April and I am SURE that he would LOVE TO PLUG HIS NEW BEER (ICONIC MARKETING) "IF" it is out and available. DKAM has to come through here IMO!! Coach
I just read your email again. You should definately be on the CC and ask these questions and voice your concerns. Write down your thoughts. I'll be on the call again with my own questions Thanks. Coach
Hopefully you will bring up your questions and concerns on the CC because you are not alone.....
Very Interesting!!
Thank you
PKG, I can only WISH to be a "STAR" like you!! My bad for making a PPS prediction to begin with, and yes, if I made that prediction 10 weeks ago I was wrong. I don't really remember but if you say I did I'm sure you have the POSTING to rub my face in. Anything to help you get your jollies. Thanks for bringing it to my attention "OH GREAT ONE" (LOL)!!
Duke, You and PKG are REAL *BEAUTIES*! DKAM, Kid Rock Beer Bonanza!!!!!!!!!
I don't really care about The Market or the SP at this point. They will take care of themselves accordingly. The ground work MUST get done. NO EXCUSES!!
I do care about the company (My Investment) in terms of being set up LOGISTICALLY in order to take advantage of the OPPORTUNITY (KR's Popularity, AMERICAN Company, AMERICAN Beer,AMERICAN JOBS, Michigan Tax Incentives, AB sale to INBEV and INBEV cutting COSTS-Hit'em where it HURTS!). Not to mention KR's Concert Tour, The Sturgis Rallies, Returning Troops. If DKAM Management has any FORESIGHT, they are setup and they KNOW they have to PRODUCE and DELIVER (inventory) NOW!!! Timing is EVERYTHING!!!!! It's time to get that BREWERY CRANKING Three Shifts and a LOGISTICS Plan for another Brewery!
The Rappers will see KID's Popularity and the Marketing will be EGO Driven which is what we want and the SYNERGY begins!! There is nothing wrong with a little competition amongst Musicians. Whose products are the hottest? Whose products will receive the greatest fan support?? These guys are in the BUSINESS to TOP each other's Sales!! IMO. Coach
It's PATIENCE oh mighty Brainiac........ Where have you been?? You weren't missed!! Here is a couple of new words for your VOCABULARY, they are, URGENCY and OPPORTUNITY.
WSJ - AB / INBEV Article "Sell Assets, Cut Costs"
MARCH 5, 2009, 10:07 A.M. ET Anheuser-Busch InBev to Sell Assets, Cut Costs Article
By JOHN W. MILLER and MATTHEW DALTON
BRUSSELS -- Anheuser-Busch Inbev said Thursday it would sell off $7 billion worth of assets, cut costs by $1 billion, suspend executive bonuses and slash dividends.
The moves should help the world's biggest brewer cope with the financial crisis and maturing beer markets, analysts said. Total beer volumes fell 0.8% in 2008, the company said Thursday.
Carlos Brito
The maker of beers from Bud Light to Stella Artois reported full-year profit of €1.29 billion, down from €2.2 billion in 2007. Revenue rose 12% to €16.1 billion, aided by the November acquisition of Anheuser-Busch.
The results, though mixed, indicate the Leuven, Belgium-based company should be able to manage the $52 billion takeover of Anheuser-Busch, despite the $45 billion of debt that it required. Rumors the company might be contemplating another corporate alliance seem increasingly unlikely, analysts say.
"Everything they're doing sets them up to turn profits in the future," says Marc Leemans, an analyst at Bank Degroof in Brussels.
ABInbev has floated €7.7 billion in bonds since last year. It's sold a 20% stake in Chinese brewer Tsingtao for $667 million and its Labatt's business in the U.S.
CEO Carlos Brito has mentioned five other assets he might unload. These include U.S. theme parks such as SeaWorld and Busch Gardens, as well as South Korean and German breweries, including the one that makes the Beck's brand. Mr. Brito has estimated their total value at $7 billion.
The pledge to continue trimming costs could cause tension in the company's Saint Louis offices, where a lavish corporate culture ruled for years. Mr. Brito and his Brazilian colleagues are reputedly tight-fisted. In December, ABInbev said it would cut 1,400 jobs.
The company said it expected to save $2.25 billion annually due to synergies from the Anheuser deal -- up from its previous estimate of $1.5 billion -- with $1 billion of those cost savings coming in 2009.
The company said Thursday it will cut its 2009 dividend to 28 European cents per share from €2.44 per share in 2008 so it can more quickly pay down the debt it acquired to buy Anheuser.
ABInBev's costs for 2008, measured as costs per unit of beer sold, rose 9.1% in 2009, significantly more than the 5-6% increase that the company was targeting. ABInbev said it would suspend executive bonuses.
Costs will continue to remain high for part of 2009. The company's practice of hedging its purchases of raw materials means that last year's record commodities prices will still impact profits a year later, despite dramatic price falls since, chief financial officer Felipe Dutra said in a conference call with reporters.
I was informed that the LABEL was done and approved before the Taste Testing Party last week. Therefore the Name is done. From what I understand EVERYTHING is DONE. Most of it HAS BEEN done! They can announce the name anytime but THEY NEED TO START PRODUCING BEER NOW!!!!!!
The BEER should be a fast Manufacturing to Distributor, to store cooler turnaround if the PROPER LOGISTICS are in place NOW!!!!
I don't care about the share price. By the way, there is a VOID in the mind of AMERICANS in regards to AB selling out. It's not a matter of their sales and profits and how they are measured. It's about timing and seizing a share of the Market. Do you think the KR Beer opportunity would be bigger or smaller if BUD still existed as AMERICAN "The King of Beers??" Hello??
No one is over-reacting. It's time to get this stuff OUT! If the Pre-Orders are ANYTHING like these guys have stated we need to get this BREWERY UP & RUNNING NOW! Let's concentrate on the Beer. The Rappers will come around when the KID starts stealing the THUNDER!!! Competition between ego maniacs is a GOOD thing.
There is a difference between over-reacting and having the sense of URGENCY to take ADVANTAGE of an OPPORTUNITY when it is presented. KR is VERY popular at a time when we NEED an AMERICAN BEER that creates AMERICAN JOBS! It's a Natural in terms of Sales Pitch, "The AMERICAN BAD ASS BEER COMPANY". The Military LOVES this guy. Do you know what the BIGGEST selling non-alcoholic beverage is in Theater (IRAQ & AFGHANISTAN)? It's "Monster"! Tell me that wasn't a big seller. Now 70 to 100 thousand of these soldiers are going home to drink BEER, KR Beer!
We can't assume a "wait for DRE Play" with this Product. The Kid's concert tours begin in April, The Sturgis Rallies run Late Spring and "ALL SUMMER LONG". The BEER Logistics need to be handled NOW and the Beer needs to be Brewed, Canned, Delivered CONTINIOUSLY ASAP to get out existing orders and to keep up with new orders!!!!
Over-reacting? I can't do a damn thing except hope someone from the Company may see my POST and get the message. Fact is, if they don't feel the same sense of URGENCY, they are missing a HUGE OPPORTUNITY. The PPS will take care of itself, someone needs to get the work done. NOW! IMO
KID ROCK BEER has the potential to KICK START this Company to Profitability. "American Bad Ass Beer Company" success will go A LONG WAY in terms of the Promotion of our DKAM Products. KID ROCK BEER can push DKAM up to NEW LEVELS at a time when the Economy takes the BIG Beverage Companies down to new levels.
Now we need the Management experience and BOD experience to LEAD the way in terms of LOGISTICS in getting this KR BEER Bottled, Canned, Delivered for IMMEDIATE SALES!!! It's time to take advantage of the timing by maximizing our NETWORKING, Sales and Marketing connections / experience. NOW is the TIME!! Can they PRODUCE???? I'm betting on J. Patrick Kenney!
According to SNEAKY and JOHNNY we have PROJECTIONS for PRE-ORDERS of 500,000 CASES of "Kid Rock BEER" NOW! WOW!!! Get that BREWERY in Michigan up and running with three FULL shifts and where is the second BREWERY?? Did someone say "HIGH FALLS"!!!!
PRE-ORDERS are Great! Let's FILL THEM!! I want to hear about RE-ORDERS!!!!!!! Lets get it ROLLING!!!!!!!!!!
AMERICAN JOBS, AMERICAN BEER, "American Bad Ass Beer Company" KID ROCK BEER!!!!!!!!!!!!
HUGE Void to be filled! Can you say OPPORTUNITY!!! Can you say TIMING!!! DKAM has to show it can Market, Manufacture and PRODUCE KID ROCK BEER NOW!!!!!!!!!!!!! IMO
Rilo I would really love for you to be right. Like I said, I'd be happy to be wrong. We'll see soon enough. Good Luck to us!! Coach
I don't! Let's leave it at that!!
Here's my prediction. 3RD Quarter WILL BE BETTER but 300% to 500% increase is ridiculous. Things have OBVIOUSLY been pushed back due to DRE and the many aspects of a very negative economy. Reality says we do MUCH BETTER 4TH Quarter!
Let me just say I would be very HAPPY to be wrong but I would be VERY disappointed to learn that 3RD Quarter was not better. Excuses WILL NOT work anymore. It's time for investors to be realistic and for DKAM & ICONIC Partners to PRODUCE!! IMO Coach
Rilo, that really sounds great but at this point I'll reserve my opinion until I see something. Like I have said, I believe in the CEO and BOD. My intentions were to invest in them (DKAM) but I am starting to feel like all I've done is roll the dice which is really what anyone does in OTC land.
If fact as OTC investors the odds are stacked against us. Most at this level don't play staright and speak with forked tongue. I've rolled the dice and I'm hanging tough but as I said the next 3 months are HUGE in terms of INTEGRITY for DKAM and their ICONIC Partners. Kid Rock I REALLY like, DRE / VIOLATOR and The Crew I DON"T TRUST!! TRUMP has proven to be a piece of sh_t in terms of marketing for DKAM so far. IMO Coach
So..... What's your point? He's a PUMPER? No sh_t Dick Tracy.
There will be IMPROVEMENT this quarter but your numbers are inflated and YOU KNOW IT. Part of the agenda!! IMO Coach
Kid Rock "LET'S ROLL!" But The Rappers I have little faith in at all...... Just being honest, I have already rolled the dice though and my bet is on Kenny and the BOD!! IMO Coach
I also hope your are correct about inventory in regards to "TOPLESS"........ It's time for DKAM to start producing. The next 3 months are huge in terms of integrity! IMO! Coach