Replies to post #37544 on Drinks Americas Holdings, Ltd. (DKAM)

[Graywolf123]

why don't you going to ask?

[griff100]

I don't see a need to ask about it...it says in the filings that they used shares for a lot of different things...so it's pretty obvious to me people are selling to get their money. If it was the co, there would have to be a filing...

[sneaky_peaky]

No, I would hate to be a real big holder and have someone tell me my position has been diluted by 27% since April 30, when in fact the authorized and outstanding shares of DKAM as of that date was 86.58 million shares therefore resulting in a 17% increase in outstanding shares.

Further, it would be more of an injustice to usurp that same individual's large position and level of intelligence by ignoring this climate in which shares were issued as the worst economic crisis this nation has faced, as well as this company, all while they were putting the biggest sales and profit generator for the company into the market.

[johnnybean]

I doubled my holdings since that date, so I'm way ahead of the dilution. In the absence of pre-emptive rights, if you believe in the company's prospects, you buy more shares to prevent dilution. My guess is I'm not the only long to have done so. JB