Replies to post #37373 on Drinks Americas Holdings, Ltd. (DKAM)

[sneaky_peaky]

Music to my ears and the deafening sound of another one bites the dust.

In June 2009, Liquor Group Wholesale, Inc. (“Liquor Group”) a company which provided distribution services for us in several states filed a claim for damages against us in Duval County Florida for alleged damages including breach of contract and is seeking approximately $2 million in damages. It is the Company’s strong opinion that the claim arose out of our termination of the agreements we had with them for their nonperformance, failure of the plaintiff to accurately report sales to the Company and their withholding of information required by the agreements. The Company filed a counterclaim of $500,000 for damages against Liquor Group and has denied their claimed breach of contract claim previously made against it. The Company contends that it is owed money by Liquor Group under the agreements.

[P K G]

What are you talking abour?

The 4th Q sales were $263,443. The lowest Q in history.

There are no figures after 4/40/09.

You wait until the open pps in the morning and the close by 4pm tomorrow. That nickel could be there. I wish that I had not bought at $.135. Anyone want mine for $.10?

Sales for the 4th Q, which we knew would be bad, were $20,246.85 per week. My goodness. No one dreamed they would be THAT bad. OMG! OMG!

When is the CC?