Replies to post #49420 on Drinks Americas Holdings, Ltd. (DKAM)

[Toxic Avenger]

The dreams and hopes of every undercapitalized company. Unfortunately, it rarely happens. Big companies like to buy smaller, but not tiny and still successful companies.
Witness JSDA, which has been trying to get sold for a long time. It has a decent balance sheet and was profitable once upon a time. The only offer they had was at something like 1/2 the current stock price.

[Mr. Bill]

Wishful PIPE dreams - What major company wants to buy a company like DKAM that is losing money with a negative balance sheet?

[coach33]

It would have been nice a long time ago but DKAM never established anything solid with piss poor execution in regard to the Business Plan.

If these four things occur I see the "Possibility of Interest" from a larger entity.

1)DKAM continues to reduce debt looking better on paper.

2)DKAM "Wins" the current litigation with Liquor Group.

3)Mexcor Deal "Significantly" increases sales for OWR, Olifant, Trump.

3)Rheingold is a "Success" forming a sales base creating the potential for "Future Growth".

NOTE: Unless there is something going on that we are not aware of (credit wise) DKAM does not have the capital for exponential growth. Its a slow grind with the current Management and CEO. While they Manage it in terms of their current financial situation, its a PENNY PLAY. IMO (I hope I'm wrong)