Drinks Americas Holdings, Ltd. (DKAM)

[BuyonChance]

Corpkid,

Have you read all these SEC filings? All it proves is that drinks is great at spending money and has somehow talked it's attorney and board into taking stock (a whole lot of it I might add) as payment.

When Tom was CEO of Rheingold back in the early 2000's, they had a solid model and strategy to relaunch Rheingold. They werent looking for national brand loyalty and 35% market share. They wanted a 2% share of the regional market... and they had a profit margin of roughly 30%.... so far, Drinks looks like it has spent almost $1.8 million to sell $200,000 of product. And who owns all the 165:1 voting Pref C's???

Sounds to me like a spend and bail scheme... but that's just my opinion.