Drinks Americas Holdings, Ltd. (DKAM)

[FUNMAN]

The questions that really should be asked are:

1) What operational changes are going to happen with the addition of Cabo and his team?

2) Does Cabo intend to move DKAM forward, or was he looking for a way in to a public company and its share printing press?

The actions we see them take over the next few months will answer these questions.

The surest indication will be if they invest cash to start and continue a retail product advertising campaign.

Since they won't make any money quickly, I'll believe they are serious and in it for the long haul if advertising starts and doesn't stop.

Anyone who sees that happening is going to be buying DKAM and drive the share price up, as long as it doesn't happen as new shares are being dumped.

The argument that dilution is over doesn't take into account that all of the insiders can agree to further increase the A/S with or without a R/S. It only takes their accent.

As long as PK owns the majority of the voting preferred shares, those are really the only ones that matter. The common shares are just blank pieces of paper they print and issue to raise cash. The part of Cabo's deal regarding the 49% can be satisfied by issuing him more shares in a suitable and legal manner to maintain that percentage while the remainder gets dumped to raise cash.