Drinks Americas Holdings, Ltd. (DKAM)

[Spartak]

No offense guys, but do you use logic or common sense in your calculations?? Fee income will exceed 380,000????? I'm telling you right away NO WAY! Even if they shipped 20,000 cases which probably is not the case, Mexcor still needs to sell them all before sending money to DA. Also, last shareholders letter is very deceiving imo. PK says the agreement enabled us to produce and ship close to 10,000 cases and then goes over to discuss cases of what product were shipped and cases of what product is still in production. The way I interpreted 9,300 cases were produced (with Olifant still in production) and some of them already were shipped.
Considering Mexcore needs to sell a case before sending a payment for it I estimate current quarter fee income from 50,000 to 100,000.
Heck, 100,000 would be awesome but IMO not attainable.