Drinks Americas Holdings, Ltd. (DKAM)

[FUNMAN]

You're right about the facts. I am guessing 10 - 20 million shares showed up in the last 4 - 6 weeks. Before that dating back to the r/s, I don't know. The stock didn't trade as heavily as it has recently, though it was in free fall down to .015 pretty fast. I don't really recall "buys" Vs "sells" from back then. I know you guys might.

We'll see the share count in a few weeks, and then have a better guesstimate what they may look like on the June statement.

Meanwhile, you guys know I am most interested in revenues, so I will be keen on seeing what's reported, and the announcements of new distributors. I am secondly interested in the promotional roll-out commencing. I'm not expecting much, but I would like to see some creativity and a burst of consumer awareness where it happens.



kezzek Share Saturday, March 05, 2011 12:30:00 PM
Re: FUNMAN818 post# 57385 Post # of 57388

First of all, who knows how many new shares have been issued. With the T/A gagged, it's impossible to tell.

What we do know from filings it that on 7/31/09 there were 94 million shares and on 7/31/10 there were 359 million shares.

During that time, the stock went from about $2 to 12 cents.

Don't discount large shareholders continuing to average down both in hopes of something turning things around and in supporting the price and reducing the chance of the company filing for bankruptcy.

And always remember, every one of those shares was also sold by someone. Who do you think is more likely to have a better perspective on the company, those who were given them by the company for services rendered, or those who are buying?