Replies to post #30076 on Drinks Americas Holdings, Ltd. (DKAM)

[mr kez]

Sadly, my last post for the day, but perhaps one of you who talks to IR/Co each day could inquire.

Again, the 8k filing (http://www.sec.gov/Archives/edgar/data/873540/000114420409002211/v137228_8k.htm) states,
"On January 15, 2009, the Company, through its wholly-owned subsidiary, Drinks America, Inc., completed the acquisition of 90% of the outstanding capital stock of Olifant from its two shareholders, Jack McKenzie and Paul Walraven, under the Stock Purchase Agreement, as described in Item 1.01 of this report and incorporated by reference under this item . The number of shares of common stock of the Company issued at closing as part of the purchase price was 555,556 shares (the “Company Shares”).

The Company believes that the acquisition of the Olifant Shares requires the consent of Purchaser’s lender, and is engaged in discussions to obtain that consent, if required."

It seems to me that if it was resolved on 1/15 when the closing was announced, the 8K would have indicated it was resolved, not that consent was required and discussions were ongoing. My inference from no followup by the company is that the discussions are still ongoing, but if anyone knows differently, I think it would be valuable information for all shareholders and potential shareholders.