Drinks Americas Holdings, Ltd. (DKAM)

[Baileyuk]

LOL,

A $35m valuation for Rheingold is laughable. I would love to see that valuation too but because I think it is way too high. Disregarding value Rheingold gets its sales purely from its past glory which was non existent in most of the country. Therefore I cannot see it doing well against existing brands, especially considering the segment they are in is experiencing record declines.