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Another.......
10k put in a few minutes ago at .21.
Don't worry.......a got a ton already.......
Just doing my part.
10k for me at the ask......
Keep on adding.........
Hey Walker.....
Where is Rilo?
You can also email me at cpneln@yahoo.com
PNTV and USA.........
HUGE WINNERS........Today and the future!
Enjoy all!
They did........I bought 10k at .239 and
shortly after that 10k at .212.......Clowns.
Got some more today fellas.......
Will be holding for some time....will add more each day.
Added at .17 today........
Will keep for some time..........
Buy on weakness.....
That is when you want to accumulate shares.
Nice retrace here to shake out some weak hands.....got some at .225 and .23 today.
Thank You.
Shareholder Letter out...........
April 13, 2010
Dear Drinks Americas Shareholder,
I have promised a letter to shareholders with an assessment of how we are progressing at Drinks Americas on our overall business and on our venture with Mexcor International Wine and Spirits. I am happy to say returning from the annual Wine and Spirits Wholesalers meeting in Las Vegas that we are making substantial progress in moving the sales of the company forward. The production and inventory build that the agreement is supporting has enabled us to produce and ship close to 10,000 cases since we announced the agreement.
Currently, 5,000 cases of Olifant are being produced in Holland against sales orders in hand, approximately 1,600 cases of Old Whiskey River have sold and are shipping this week and an additional 1,500 cases of Damiana have been shipped. Mexcor has already generated orders for these cases. There is also a container of Trump Vodka, approximately 1200 cases leaving Holland this week.
I am also able to report that there are a portion of these Old Whiskey River and Olifant cases going to chain authorizations that have been obtained in California. The new Trump Soho Hotel is also featuring Trump Super Premium Vodka and Trump Citron in the new spectacular Manhattan hotel opening this week.
Our agreement with Mexcor pays us a per case net royalty payment on each case of product sold. While our evolving business model will lower our overall per case revenue from the prior business model, we will dramatically grow our margins and accelerate our timeline to profitability.
Drinks Americas has been very professional in changing over our compliance and regulatory filings for alcoholic beverages so that the transition between Drinks and Mexcor shipments as the distributor of record is done adhering to all the various administrative filings that come with our industry.
As we announced in our recent press release of March 23, 2010, the Company reduced its third quarter payables and short-term debt by $383,000 from last fiscal quarter and additionally paid down $200,000 of its long-term debt. We continue to work down our outstanding payables debt and reduce our historical overhead annual run rate of more than $4.8 million to a run rate approximating $1.2 million annually.
I am very happy that the business model is working as we move forward and the economy evolves. I would also note I have increased my ownership of the Company’s common stock by 4 million shares last week and another 5 million shares this week. This is a reflection of my faith in the Company.
I will continue to keep you updated on our progress at Drinks Americas Holdings, Ltd.
J. Patrick Kenny
President and CEO
Drinks Americas Holdings Ltd.
Adding more at these levels........
Thank you!
Thank You RILO for all your DD and Hard Work.
Kudos! Let's enjoy today and the days, weeks, and months to come.
Regards.
Interesting for sure........
and agreed. Doubled my position between .0128 and .015. Still not green yet, but will be if DKAM hits .05. It's about the future.....not the past. I truly believe DKAM has finally changed.......they had too! They wouldn't be around if they didn't. People talk about 15k in Sales last quarter, and don't even bother to take the time to find out why! Anyway, time will tell the truth.......interesting times.
Exactly.......Good Post
and spot on IMHO.........see what the next days, weeks, and months bring, but I couldn't agree with you more.
Sales went into this current quarter..........
See the PR Philsdaddy put up from October last night.......those sales went into November....current quarter should be pretty decent, but business model must change...more royalty deals with little or no overhead with more stategic parnterhships/alliances and stop the dilution.......just a waiting game now. Good luck.
Hey Spartak.......
That's where I entered as well........about 20% of my holdings in DKAM........then a little at .08 and .05, and a large chunk at .017. If DKAM is to change it's business model and does some more partnerhsips and etc...this should bump up to .08-10 cents fairly quickly. When the selling stops and good news starts...then we can talk....the key is execution which has been lacking...but if this changes.....look out. Have a good Christmas.
I'm a buyer at current pps levels....
will add each day over the next several weeks......got a very small amount at .128 this morning. I believe the current Q will be good and we'll continue to see the role out of a new business plan like the Israeli deal.......royalty % with very little overhead costs. Time will tell....I understand everyone's frustrations and legitimate concerns.....if DKAM changes it's tune; then current pps levels will be a buy of a lifetime...IMHO. Good luck to all the DKAM Longs.
Good memory Phil....
Thus the 1 million in inventory as of 10/31. All those sales just missed the quarter and were recorded in this the current quarter. I'll keep adding at these levels. Have a great Christmas all.
Do any of you have record of the o/s count as of 10/31?
I saw somewhere around 10/29 someone posted 111 million?
Lowest Volume in almost 2 months........
See what the rest of the week and the rest of December brings.
I have added a significant amount of shares at .017....Thank You to whomever sold them to me. I see a nice rebound to .08-10 cents between now and January 2010...of course just my 2 cents.
Yep.....that's good.
Once all these shares are sucked up, it will be interesting to see where the pps moves too.
The key is.........
to figure out where all these shares being sold are coming from......once one figures that out........it is a no brainer buy at current levels. As you said, time will tell.
Loading up at these levels.........
Thank you......let's talk a year from now and see where DKAM pps sits.......much higher IMO........minimum 5x IMHO...but could be 10-20x bagger as well. DKAM has weathered the storm, will soon have more credit than they have ever had before, solid revenue and earings growth...will be the best is DKAM's history, insiders taking stock in lieu of salary and personal loans at much higher pps.........Mgt interest is aligned with shareholders. Just going to take some time and patience to play out, but the proof will be in the numbers...and I've bet they'll be very good over the next year. Remember, buy when you don't feel like buying........how many bought March lows in many stocks?...not easy to do, but the smart move. Best to all..long or short. I'll continue to add on any weakness at current of lower levels....I've 4x my position over the past 3 days........thanks to those selling. When the selling stops in the next few days/weeks, coupled with some + PR's.......pps should move back up to .10-12 cents rather quickly and higher as time progresses.
Our day is coming DKAM Longs.......Continue to accumulate and be patient. Proof will be in the numbers. Good luck to all.
Yes that is correct Rod......
Sorry I wasn't clear.......quite frankly my English sucks....everything has to run thru DNA.......but no need IMHO to do a Phase 2.......they should have enough to start a Phase 3, and IMHO DNA won't be able to stop this....they'll need to bless it, but there only answer would be "yes" IMHO.
Zake.....
Just my thoughts.....
1st step would be starting a Phase 3 with Cephalon in Italy based on the data and results collected in Italy. Then getting DNA's "blessing" to sell it off-label here in the U.S.
It would also be nice to see more data.......but that is in the hands of the Italians(it must be pretty good b/c they are still paying for it......lawyers must have some good evidence for IPLEX in battling ALS), and the Myotrophin results out of Mayo would also be a good starting point too....I thought they would have been out by now?
All the testimonials coming out of Italy seem to indicate IPLEX is the best hope for those with ALS, and INSM comments that it is safe and tolerable also bode well.
Have U tried contacting "Pianoman" or jsvlb on the YMB......I think his name is Jesse.........he is quite knowledgable in the IPLEX and ALS area.....I have not tried to make contact him, but it may be a good starting point.
Regards
Portx......Take it easy on Dew......
He is getting hammered on his IDIX....which he has pumped all along......falling from double digits to new 52 week low yesterday at $2.20.....and his GTCB also sitting at it's low too.......He's just upset he missed the boat loading INSM in the 60's and 70's like many of uf did.......Take it easy on him. He may be an INSM Long soon......
LOL!
Nice call Rod......
Chart looking good....
http://stockcharts.com/charts/gallery.html?INSM
We'll break $1.09 tomorrow on good volume IMHO......We'll see soon enough.......
Either way....INSM is going higher this time.
I agree except my pps target for INSM
by EOY is $2.50-$3.25......Time will tell........
RTN............
Allan told me they had already tested producing several drugs at the Boulder facility........obviously just on their own....no FDA involvement.....I'm assuming the obvious here, but they sounded confident, and yesterday's CC at CEUT proved that, and they want to be the 1st ones out of the gate......INSM could produce.....partner could sell it......time will tell.......
Wasn't PaulaNow aka Darcie and etc.......
RTN.........INSM and Biologics.....
INSM has already produced several of these drugs at their Boulder plant(don't know which ones), and are very confident in their ability going forward to produce all of these drugs and find a very good partner......time will tell...but as U know...Allan is NOT a pumper......straight shooter......Interesting times I would say.
U can't be serious......
Do some real DD instead of saying.........
"I dont see any other reason for the Company to appreciate unless the market helps."
Too funny..and honestly...what a joke!...INSM pps rarely moves with the market....it is a microcap BTK stock.....to repeat....it does NOT follow the market......Market could be down 2-3 straight years, and INSM could triple, quadruple in pps.
Please don't post unless U have something useful to say or should I say truthful....your post falls under "MINDLESS DRIVEL"
Wjlknew.......
U really need to do some TRUE DD on INSM....I would strongly recommend U ring up Allan.....seems like U have lots of doubts/negativity to be long INSM....I have done extensive DD on INSM and love what I have uncovered from Allan, Tulley and some very, very significant large INSM holders.......great info is out there. I added 350k shares under .7299 to my existing INSM position in the last 2 weeks based on my DD.
INSM does NOT Window Dress or PUMP........Allan is one of the most conservative, NON-pumping CEO's I have seen/talked with in my 20+ years of investing.
Phase 2 trials for HARS, MMD, and ROP will be forthcoming later this year, and ALL of them will be designed as Phase 3 enabling, and INSM will NOT need any further financing to fund these trials per Allan......ALS is a big wildcard as well, and Allan does NOT want to pump anything on ALS till further results and info. is known. Verbal comments so far have been very encouraging.
INSM and Biogenerics is the real deal....that's all I can say at this point.....I expect a very large partner will be forthcoming at some point this year. Give U a hint....why did they hire a top notch guy to be President of their Biogenerics Division......Hmmmmmmm.
If U value INSM at current levels U would come to a rational pps of $1.50-2.00 right now.......INSM trading at .81 now is a gift...take advantage of it!...U buy stocks when they are on sale....undervalued...when they are pushed down by irrational investors/markets...U buy, buy, buy...buy low and sell high.
Insider buying is very bullish and with very good REASON.
BOL to all INSM Longs...our day(s) are coming.
Totally Concur Rod.......
Here is my post from IV to support RTN's superb and truthful post.....
http://www1.investorvillage.com/smbd.asp?mb=235&mn=3546&pt=msg&mid=2464800
Supacharga...Don't waste your time with these 2 CLOWNS.......
They don't get INSM nor have they done their DD on INSM....Those of us like Rod, yourself, and others know exactly where U are coming from........they should just give Allan and Co. a call and do some other true DD,.... then they would know.......
Best to U........
PARTNERSHIP.........
It is coming.
INSM......Contender.....
Setup a CC with Allan and Tulley.....these 2 do NOT BS or HYPE, and they are the real deal for Biogenerics...........U will see a nice partnership for INSM this year...sooner rather than later..........very possible with the likes of TEVA, BARR, RDY, MRK, and etc...............
Thank U Rod.......
As always...greatly appreciated and much thanks.
Rod....INSM.........
Would appreciate your take(as always) on INSM and its future in Biogenerics.....looks like its coming sooner rather than later.......5+ years, and now maybe 2ish or less, but in terms of INSM pps........could start factoring in soon?
Thoughts?
Best,
John
Christiaan.......Incorrect.....
It will generate revenue, but whatever revenue.... it will offset against expense........so no profit, but will slow cash burn quite nicely.
MMD and HARS will be big for INSM, but will be a bit....
ALS is a wilcard, but likely in quite a longshot.....
Bio-generics........HUGE.
Do DD and Rod.........
Do DD..........A revenue multiple would be more accurate than EPS and etc........at 225 million U could give that a multiple anywhere from 5-12 based on the BTK sector...and in this case IMHO it would be towards the upper level as there is nothing out there for ALS and MMD....either way U cut it...that's over a billion in marketcap for INSM just for ALS......Time will tell. Here's to the new and bright future of INSM. Holding Long and see great things from 2007-2009
Thanks and Best Regards to the both of U.
John