Drinks Americas Holdings, Ltd. (DKAM)

[Halcyoniii62]

This is the problem - S-1

http://yahoo.brand.edgar-online.com/DisplayFiling.aspx?TabIndex=2&FilingID=5868721&companyid=9403&ppu=%252fdefault.aspx%253fcompanyid%253d9403

" In connection with the sale of the common stock or interests therein, the selling security holders may enter into hedging transactions with broker-dealers or other financial institutions, which may in turn engage in short sales of the common stock in the course of hedging the positions they assume. The selling security holders may also sell shares of the common stock short and deliver these securities to close out their short positions, or loan or pledge the common stock to broker-dealers that in turn may sell these securities. The selling security holders may also enter into option or other transactions with broker-dealers or other financial institutions or the creation of one or more derivative securities which require the delivery to such broker-dealer or other financial institution of shares offered by this prospectus, which shares such broker-dealer or other financial institution may resell pursuant to this prospectus (as supplemented or amended to reflect such transaction)."