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Old Timer

06/05/09 9:44 AM

#34553 RE: sneaky_peaky #34552

The use of Letters of Credit and the cooperation of our production partners are insuring production and supply without burdening the Company's existing capital base. This is a very important and dramatic event in our overall plan to expand Drinks Americas' icon brands internationally."

I like this part since it means we don't have to use any of the financing we have lined up and gives more profit to the company.
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P K G

06/06/09 11:16 AM

#34614 RE: sneaky_peaky #34552

You just ignore the falling off a cliff the 1st and 2th Q?

Based on the Q's for this year, sales will be $2.3 mil. at best. Little over 1/2 mil dollars per Q. I'll bet they are way under that for the 3rd Q.

BTW, where are the financial reports for 3rd Q? Will be late[they are ALWAYS late]if not out by the 15th. Right?

PK has come up with another way to say the same thing about Israel that we had already heard. IMO, that is to try to offset BAD financials coming. That's his M.O.

At any rate, it sure was good to see the movement Friday.
Just 7 more days like that and I will be even on my holdings. Would have to move way on up to make up for the losses I took last year, however. Sure would be good to get even. I'll let you guys make the profit. I'll settle for getting even.