Drinks Americas Holdings, Ltd. (DKAM)

[philsdaddy]

I believe the flood of shares on the market was due to the St. George group taking possession of the shares that were pledged by DKAM-- as a result of the default, if you remember the recent filing, the investor was taking those shares and immediately selling them on the open market. that selling pressure, provided that DKAM was not into continual default, was/is supposed to abate by the end of October. I believe it will be in November that we will start to see a rise in share price.
Lee