Drinks Americas Holdings, Ltd. (DKAM)

[sneaky_peaky]

Accretive Finance Definition:

A term commonly used to refer to a merger, acquisition, or joint venture that will be accretive to earnings, meaning that it is expected to add to earnings per share. When equity markets become bearish and merger, acquisition, and joint venture activity slows in response, a merger, acquisition, or joint venture must be perceived as being accretive to earnings, or shareholders will not be supportive.

Huh, shareholders not supportive and yet, this deal is accretive meaning that as a whole from such acccretion, the entity perceived as the whole, is now profitable. Only on DKAM could that not happen! Oh wait, the majority of shares are held by insiders, over 60%. They are in favor of this deal.

And of course, accretive remains from the date of such accretion, which means yesterday. Olifant was accetive, and we picked up their sales from November to December.

As such, our sales as of yesterday jumped from just over $2 million per year, to over $17 million per year. Huh, this damn calculator keeps coming up with a 750% increase in sales. What the heck am I doing wrong?

Oh, I know! I forgot to add in the Kid Rock sales which are 1500% ahead of guidance.