Replies to post #33548 on Drinks Americas Holdings, Ltd. (DKAM)

[P K G]

It is lack of sales. Pure and simple. All the original products sales have fallen. TV off a clift, but OWR, Newman's, every single product are down Q after Q. Then all these new products don't happen. All these new countries don't happen. They got Olifant but look what that caused. Loss of credit.

I can not understand what is going on. Don't understand how they keep going. People aren't getting paid. Probably other bills are piling up. The new credit: Does that just cover receivables? Just finances the products? If so, where are operating funds? If they buy a case at $50.00 and sell it for $100.00[just an example], do they get the $100 from their credit line or $50.00? If the $100.00 until customer pays, then there is operating room. If it's the $50.00, they have to carry themselves until collecting from the customer.

Something has to happen and quick, IMO. Real quick.

Last point: IMO, if you can't sell TV, OWR, Newman's, you can't sell. All the Drinks products are EXCELLENT.