Drinks Americas Holdings, Ltd. (DKAM)

[FUNMAN]

You're technically right. They could still raise more than half a million dollars at that price.

I'm just thinking that from a practical point of view, if they don't have increasing revenues so they can start paying expenses with cash, before it comes time that they have to do another RS, DKAM will be long gone.

From another viewpoint, the diluted shares are either payments for services to vendors who do not have to disclose they are selling (so the shareholders really are paying the vendor), or they are management's shares, that they bought on the open market pre-RS (which I doubt they are selling). Otherwise the 30 Million authorized in the employee compensation plan was disclosed.

When the next 10Q comes out, we'll see how bad, or good it is.