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chipdacup

09/03/09 2:35 PM

#38314 RE: LOL #38313

DISAGREE 100%...let me explain

You are putting the value of DKAM at last years sales? That is foolish, IMO. The brands that they have to sell are worth way more than 8M. and that's not even taking into account next years growht that we will be seeing...with Badass, and Olifant...Israel, etc. not sure why you keep harping on the past. must be the only negative thing you can see about this company

You said: "The price of the stock is still over valued, so it doesn't matter how many kegs this one store sells. With a market cap of over $8M, and current yearly sales of $2.5M, it's over valued as of now."

DKAM is a 50% stakeholder in BAB Co. And no one knows what their cut of profits will be. It's likely that MBC and any other producers get cuts after production, then DKAM gets cuts through distribution...and KR gets a certain amount per bottle sold. But no one knows yet!

You said: "Let's also not forget Drinks Americas is 1 of 3 partners in the Kid Rock beer, so only 33c of every dollar sold can be put toward Drinks Americas sales, which means to justify the current market cap they will have to sell about $18M worth of Kid Rock beer, which I don't see happening for at least 1 year"

these sound like scare tactics! why didn't you throw in death spiral financing while you're at it? did you use that one too much already?

You said: "by then who knows how high the outstanding shares will have gone to.IMO"