Drinks Americas Holdings, Ltd. (DKAM)

[sneaky_peaky]

Caution, you REALLY got me playing this now. I mean, think about it. Conglomerates worldwide are spinning off and divesting core bands to raise cash and do deals, or finalize deals. Kenny did Olifant with no capital raise whatsoever. Sure, it was small potatoes in comparison. We knew a year ago at this time about the share raise from 100 mil to 200 mil with the financing then. And that should be folding in now. But here he comes in "The Letter" telling us all about why a capital raise could come from 100 mil to 500 mil. He still insists they don't need cash and have already shown warrant conversion to raise cash during our most difficult recessionary period in 16 years let alone the past 34 years. But this share raise is monumental. AND, and a bigger AND, look at the wording in that paragraph again. It is very succinct. He could have easily said we wanted to raise the authorized to be ready for any situation that might come along. He could have said that they will look at any possibilities that come along to expand the business. But he was VERY specific about HOW and WHY it makes sense to be in acquisition mode at this time. A dramatic authorized share raise at this time allows the company to issue up to a billion dollars of warrants if they want to. He said it again that they will be a billion dollar company. That alone is a far cry from $20 million+ in sales after four years. No, he has something dramatic up his sleeve. These deals are going on with a fervor right now. 100 mil to 200 mil is required. 100 mil to 300 mil is anticipatory. 100 mil to 400 mil is ambitious. 100 mil to 500 mil is telling everyone he is ready to do a deal of major proportions. What better way to get to a billion dollar company than to just go buy one doing as close to that in sales as possible. Then just hold on to it for a couple years, make it grander and better, and with the economy fully recovered, sell it at 10 times the price.