Drinks Americas Holdings, Ltd. (DKAM)

[10 bagger]

Trying to do a little needed DD...Just spoke to:

CONTACT: Charles Davidson
Drinks Americas
203-762-7000
[e-mail]

As of last night there were 190,384,990 shares outstanding..

The last 10Q showed the following:

Common stock, $0.001 par value; 500,000,000 and 100,000,000, respectively, authorized; issued and outstanding 32,017,000 shares and 18,873,000 shares at October 31, 2010 and April 30, 2010 32,017 18,873
Treasury stock, 738,333 and 1,738,333 common shares held at October 31, 2010 and April 30, 2010

Using 20 business days per month indicates that DKAM has diluted it's shareholders by an Ave. of 6,598,625 per day since the last 10Q reported date.. Thats a lot of stock folks..

hank