Drinks Americas Holdings, Ltd. (DKAM)

[sneaky_peaky]

First off, time for a reality check again. The stock is 19 cents. Stock's that are 19 cents have their issues and all those issues have been priced into this stock many times over. Stocks that are going out of business are 19 cents. Stocks that are on the verge of BK are 19 cents. Stocks with negative perpetrators of information combing the archives looking to recycle the same McDonald's hamburger 40 different ways are 19 cents.

Second, the stock has lost 24% of its market cap in three sessions on 41000, 7000, and 14000 shares. Therefore, the company lost $5,100,000 in market cap from $21 mil to $16 mil on less than $15000 bucks. The stock is sporting a 21% spread and could be .35 just as easily as it is .19.

Third, Snyder and Schwalm are buddies for years. Formed SoBe together. Break bread together. If High Falls can get KPS to come in to back them, and clean things up, so can Drinks. It's that simple. If the media can cite "sources familiar with the matter" that High Falls is a bidder for Labatt or KPS is a bidder for Labatt, then I can cite those same sources that Drinks is a bidder for Labatt. I can cite that Drinks got $200 million in backing to pick up whatever InBev is willing to throw their way. Oh, but wait. We have to see it in print first from somebody else. Gotcha.

Fourth, the SOV/Santander deal was months ago. Santander froze all credit lines. Kenny reiterated emphatically at the SM that the SOV credit line was in tact. I'm going with the CEO over any bloggers at this point. At this point? Always actually. But more importantly, I'll place my bet on a white knight VC firm to move things along quite nicely from here. It's what "those meetings" were all about.

Fifth, its obvious the stock as I've stated before is priced for failure and not success. It is trading at .75 of forward guided revenues when the stock has always traded at 3-5 times sales since its inception for a fraction of its intellectual property value alone. Anyone that tries to say it should be less is just kidding themselves and the rest of us for even attempting that point of rationale. If you want to make this the "Show Me State", then fine; Nebraska is a great place to go hide from the world. In the meantime, this is the last chance to take advantage of these prices IMO. You'll have your news before you know it.