Drinks Americas Holdings, Ltd. (DKAM)

[Toxic Avenger]

Here's another interesting extrapolation.
On 12/6/10 there were 44.4 million shares outstanding.
If there were 190.4 million shares as of 3/15/11, that's an increase of 146 million shares during that quarter + a week.
My calculation shows a total trading volume of 207 million shares during the period. So new shares issued = 70% of all shares traded (naturally, some could have been traded multiple times and some previously issued shares also could have traded). That's an amazingly high percentage IMHO and really begs the question, "Who bought those 207 million shares?".

Also, that equates to 429% dilution in roughly 14 weeks. If that pace continues on the same percentage basis, in about 9 weeks the OS will have to be increased, or there will need to be another R/S.