Drinks Americas Holdings, Ltd. (DKAM)

[slmlrd]

DKAM holdings are clearly in an accounting situation. Acting in an operating capacity needs a ton of cash in this business, in which they do not have. This sector has been notorious for m&a. The debt has been reduced, tax losses and the liabilities shrank according to a previous NT filing statement. These facts suggests to me the preparation of a continuation of an asset under a different entity. Concern for me is will DKAM have enough cash to create more of a product identity ,recognition and distribution to get a decent price for what the product is worth. I guess some more hype will be implemented in the market place. IMO the A/S is a threat and the O/S has been utilized for legitimate costs of building product for the purpose of some type of entity transfer. There are no other means of obtaining operating cash from the current entity @ .0002. All the previous news drove the price in the opposite direction. I concur a major event will have to transpire. Technical analysis i will leave to algorithms. $dkam