Look at the deal he got:
"During the period ended October 31, 2005, the Company acquired certain assets of Rheingold Brewing Co., Inc. The consideration paid for by the Company for the acquired assets consisted of the assumption of certain liabilities, 724,638 newly issued and unregistered shares of its Common Stock and potentially, additional shares of Common Stock, with a market value of $350,000 issuable on October 16, 2006, and up to $150,000 in cash."
For 2005 the stock was about 50 cents to $1.75. Early 2006 it was about 75 cents and early 07 hit its peak of over $3.50.
That makes the value of the Rheingold acquisition somewhere between $850,000 and $3 million, plus "assumed liabilities".
Should you be interested, there's actually a case study based on Rheingold's owners right before DKAM here pages.stern.nyu.edu/~rwiner/Rheingold_case.doc
It looks like they were just starting to get Rheingold moving again when DKAM made an offer they couldn't refuse. I'd say it turned out to be a good deal for the sellers in the long run. Assuming they sold all their DKAM stock prior to the end of 2007.
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