Drinks Americas Holdings, Ltd. (DKAM)

[FUNMAN]

Totally agree with you.

I have pointed out some of those very same points before.

DKAM's expenses are outrageous. I run a lean and mean company and there is no reason why given DKAM's structure, they should be spending the way they do. It's time for them to suck it up and start running this company as if the goal is to turn it into a profitable company needing only $5,000,000 in revenue.

They'll make so much more money as soon as they show they are profitable by increasing revenues and getting expenses and debt under control.

Ironically, traders will also make a lot more money. When DKAM trades under $10,000 in a day in a narrow range, even the best trader can only make little more than "dinner money".

I have investments in a few companies with about 20,000,000 outstanding shares that I proudly say I bought really cheap. One of them now trades for $10 ... and is 80% - 90% institutionally owned.

That company filed with the SEC to sell another 2,000,000 shares priced at $9.50 ... sold them on Friday and the stock closed at $9.75.

They've never split since going public in 2003.

Even so, except for Friday when it was just crazy watching it sell all those shares, the stock sometimes trades with swings of as much as 50, 60 cents in a day. Now that can be a traders delight

There comes a time when being penny wise really is pound foolish. DKAM needs to realize this.

PK and traders can make so much more money with a really good company.