Drinks Americas Holdings, Ltd. (DKAM)

[Toxic Avenger]

I'm thinking lower as the dilution starts up again. Sooner or later 150 million shares are owed to WW (hopefully at least, or DKAM is really going to be hurting for cash). Then there's still the death spiral convertible to deal with, the $200k owed to the former VP sales due at year end, the $5 million+ in current liabilities, the negative cash, the going concern, and on and on.

Big disappointment in Rheingold sales I'm guessing. That was the last savior of the company (first Trump, then Olifant (now no longer majority owned), then the death spiral, then Mexcor, then Rheingold, now WW. Oh yeah, Dre was/is in there too.

I'm thinking it will be another disappointment next quarter (remember, now with WW, sales don't equal gross revenues to DKAM as they are merely "master distributor").

But I'm sure we'll be hearing that the NEXT QUARTER is the big one. It's become a common refrain.