"but will not affect the net cash flows from operating, investing, or financing activities which were previously reported."
I'm not fully convinced of the negative tone that at least appears to be in this report. Yes, there were mistakes in the financial statements of previous periods, but it is good that these have now been made known. The company can now put this behind them and hopefully not make these mistakes again and concentrate on the future.
Going forward, the anticipation of the earnings news as well as the execution of the marketing plan of the Trump Vodka keeps me in this stock. This company also needs to work on somehow getting on a big board as well.
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Snippet: Trump Super Premium Vodka Now Available in Washington, D.C.
WILTON, CT -- (MARKET WIRE) -- March 07, 2007 -- Drinks Americas Holdings, Ltd. (OTCBB: DKAM), a leading developer and marketer of premium beverages associated with renowned icons, today announced that as orders and re-orders for Trump Super Premium Vodka continue to grow, distributors in various parts of the country have increased their orders for the Company's Willie Nelson's Old Whiskey River Bourbon and Damiana Liqueur.
Launched in October 2006, Trump Super Premium Vodka is already available in 28 states and duty-free shops in Canada. Product sales continue to expand from the recent launch in Washington, D.C., as well as re-orders in several markets, including Connecticut, New York, California, Massachusetts, Maryland, Pennsylvania, Illinois, Indiana and Florida. Trump Super Premium Vodka will be available to consumers nationwide within the next month.
Elyse Kudo, General Manager for Monument Fine Wines, Drinks America's distributor in Washington, D.C., stated, "Trump Super Premium Vodka fits the Monument Fine Wines philosophy to a 'T.' With Trump you have a supreme vodka produced in Holland of the highest quality, and brought to market by two brilliant entrepreneurial forces -- Donald Trump and Drinks Americas. To have sought out third generation master craftsman Jacques de Lat to craft the ethereal vodka, which is a five times distilled, selected wheat libation, is key. The vodka's smooth taste, coupled with the world-renowned artist and designer Milton Glaser who created the distinctive package, will without a doubt catapult this vodka to grace the bars and shelves of DC's finest establishments."
************ Trump Vodka available nationwide within the next month!!! Then it starts to go international.
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quote:Originally posted by RagingBull: p rowds somebody just made alot of money off your panic
only was able to sell 600 at 2.24 then it just kept droppin and droppin... thats why i said i couldn't sell... so i'm not in horrible shape... may wait a few days before putting that small amount i was able to sell back in.....
-------------------- NDOL(well before the crash)FPPL BLDV CSHD WWEN?
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Basically it won't affect the cash they are reporting on their books, the cash flows reported have no coorelation to performance, they just give management and investors an idea as to actual cash on hand
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posted
Drinks Americas Forms Marketing Venture With Hollywood Producers Thursday March 8, 7:00 am ET
WILTON, CT--(MARKET WIRE)--Mar 8, 2007 -- Drinks Americas Holdings, Ltd. (OTC BB:DKAM.OB - News), a leading developer and marketer of premium beverages associated with renowned icons, today announced that it has reached agreement with prominent Hollywood film producers, Mark Burg and Oren Koules, for the cross-marketing of Drinks Americas' beverages in movie and television productions. ADVERTISEMENT
Twisted Pictures, Inc., an affiliate of Evolution Entertainment, Inc., the producer of such popular movies as the "SAW" franchise, has agreed to a marketing arrangement whereby the Company's Trump Super Premium Vodka, Willie Nelson's Old Whiskey River Bourbon, Damiana Liqueur, and Newman's Own Lightly Sparkling Fruit Drinks and Fruit Essence Waters will be placed in its current and future movie and television productions.
Mark Burg and Oren Koules, Co-Presidents of Twisted Pictures and Evolution Entertainment, said, "In movie and television production, product promotions are the future of the film business. With rising costs, this is a great way for a brand to get exposure and hopefully enhance our films. We drink (and love) Trump Super Premium Vodka and Newman's Own Fruit Drinks and Waters, so why wouldn't the characters in our films as well?"
Mark Burg and Oren Koules are veteran film producers, with early producing credits including "Bull Durham," "Can't Buy Me Love," and "Set It Off." The pair formed the production company Twisted Pictures in 2004, and the management/production company Evolution Entertainment in 1998. In addition to developing the SAW franchise and other movies (such as "John Q"), Burg and Koules are the executive producers of "Two and a Half Men" (the top-rated sitcom on television).
J. Patrick Kenny, CEO of Drinks Americas, stated, "As it has become apparent that our products are becoming the celebrities of the beverage business, it is very fitting that our icon-associated beverages have found their way into movie and television productions. We all know that marketing is part show business, and Drinks Americas could not be happier that our icon-related brands will be moving into the spotlight of popular movies and television shows."
Mr. Kenny continued, "Our icon-associated products naturally generate a great deal of publicity. One of the powerful results of this constant exposure is that our reach extends to all forms of electronic and print media. This type of publicity is the purest form of marketing and the quickest route to creating brand awareness. Our new strategic relationship with Twisted Pictures and Mark Burg and Oren Koules is another powerful way that Drinks Americas will place our high-profile products directly in the mind's eye of the consumer."
About Drinks Americas
Drinks Americas develops, owns, markets, and nationally distributes alcoholic and non-alcoholic premium beverages that are often associated with renowned icon celebrities. Drinks' portfolio of premium alcoholic beverages includes Donald Trump's Trump Super Premium Vodka, Willie Nelson's Old Whiskey River Bourbon and Bourbon Cream. Drinks' non-alcoholic brands include the distribution of Paul Newman's Own Lightly Sparkling Fruit Juice Drinks and Flavored Waters.
Other products owned and distributed by Drinks Americas include award-winning Damiana Liqueur and Aguila Tequila from Mexico, Cohete Rum Guarana from Panama, and Rheingold Beer. Damiana, Old Whiskey River, Aguila Tequila and Cohete Rum are Gold and Silver Medal award winners respectively from the International Beverage Tasting Institute and the San Francisco International Wine and Spirits Competition. For further information, please visit our website at www.drinksamericas.com.
NOTE TO MEDIA: For Interviews, call Charles Davidson, Drinks Americas, (203) 762-7000, Ext. 18.
Safe Harbor
Except for the historical information contained herein, the matters set forth in this press release, including the description of the company and its product offerings, are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the historical volatility and low trading volume of our stock, the risk and uncertainties inherent in the early stages of growth companies, the company's need to raise substantial additional capital to proceed with its business, risks associated with competitors, and other risks detailed from time to time in the company's most recent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.
Contact: Investor Relations Contacts: Stanley Altschuler Ryan Daniels Strategic Growth International 150 East 52nd Street, 22nd Fl. New York, NY 10022 (212) 838-1444 Email Contact
Public Relations Contact: Michael Smith Rubenstein Public Relations 1345 Avenue of the Americas 30th Floor New York, NY 10105-0109 (212) 843-8328 Email Contact
Hubert Millet Brings Extensive Global Branding Expertise WILTON, CT, Mar 09, 2007 (MARKET WIRE via COMTEX) --
Drinks Americas Holdings, Ltd. (DKAM), a leading developer and marketer of premium beverages associated with renowned icons, announced today that Hubert Millet has been elected to its Board of Directors. An international senior executive with over 40 years of experience in consumer products, Mr. Millet spent over 20 years in senior management positions in the beverage industry, where he served as President of Seagram's Global Brands Division and Chief Executive Officer of the Cointreau Group. Mr. Millet is currently a board member of Hermes USA, a prestigious leather goods, fashion and perfume company based in Paris, France.
"We are very excited to have Hubert Millet join our Board of Directors," commented J. Patrick Kenny, President and Chief Executive Officer of Drinks Americas. "He adds depth and further expands our team. With over 20 years experience in the beverage industry, Hubert brings a wealth of expertise and invaluable insight into the development and marketing of beverage brands on a global scale. With the growing success of Trump Super Premium Vodka, combined with several products in development, Hubert's appointment reflects our commitment to becoming one of the fastest growing beverage companies in the world."
Mr. Millet said, "I am thrilled to join Drinks Americas' Board of Directors and work with their superb management team. With the Company's unique strategy that combines premium beverages with renowned icons, Drinks Americas is well positioned to become a global company. I look forward to contributing by leveraging my expertise and international relationships for the Company's product development, distribution and marketing plans to maximize the Company's international growth opportunities."
A native of France, Hubert Millet is an international consultant and an adviser to the French government on foreign trade. Mr. Millet was President of Seagram's Global Brands Division based in Paris. He also served as Chairman and Chief Executive Officer of Seagram's Mumm Martell Group. During this time, he was Chairman of Barton & Guestier SA and Herve Leger, and board member of Martell Cognac, G.H. Mumm, Perrier-Jouet and Tropicana Europe.
Mr. Millet was also President and Chief Executive Officer of the Cointreau Group. He is currently a board member of Hermes USA. A graduate of the University of Paris, he received four major French decorations, including Officer of National Order of Merit and Officer of the Legion of Honor. Mr. Millet resides in Hilton Head, South Carolina.
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Chart has turned. News this week that will blow the numbers out of the water on earnings. Stocks with lesser revenues and no earnings doubling. If people can't figure out to load up on this stock now they never will.
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quote:Originally posted by fortune500guru: Chart has turned. News this week that will blow the numbers out of the water on earnings. Stocks with lesser revenues and no earnings doubling. If people can't figure out to load up on this stock now they never will.
posted
Loaded up again today 2.52 ouch! But I have been in since around 1.61. I have been looking forward to earnings report, I knew it would be in March sometime. I would love to see this go to NASDAQ by the end of the year. A lot of work to get there.
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Here's a post from eyewuzthere over on the Yahoo Board:
quote:
While everyone is locking in their profits and figuring out "Now What?" with JSDA, DKAM is set to announce its quarter blowing away sales by 2000%.
It's amazing how things go together. Here is what was just said about DKAM's Paul Newman drinks:
"Drinks Americas' national expansion of its soft drinks follows last year's successful test marketing of its Newman's Lightly Sparkling Fruit Juice Drinks in the New York metropolitan area. Simultaneously with the national roll-out, Drinks Americas has expanded its product line of Newman's Drinks to include six fruit sodas and three fruit flavored, lightly sparkling waters. The Newman's drinks are all natural and are certified kosher, and the sodas are made with real fruit juice and pure cane sugar."
And this was the news from February:
Patrick Kenny, President and CEO of Drinks Americas, announced today that a substantial number of new accounts have authorized and purchased Newman's Own products. These new customers include Foodtown Supermarkets (60 stores in the New York metropolitan area), Amish Markets, Fairway Markets, Marcus Dairy Distributors (in Connecticut and New York), Alaska Distributors (in Washington State and Alaska), Quality Food Centers (53 stores in the Pacific Northwest), Bristol Farms (17 stores in Southern California), Gleason's (15 stores in Southern California), Scolari's (27 stores in Nevada), Metropolitan Markets (15 stores in the Seattle area), Eckerd's Drug Stores, Key Food Supermarkets (in the New York metropolitan area), Grand Union Supermarkets (in the New England area), and Fresh Grocers (7 stores in the Philadelphia area). The foregoing adds to the long list of distributors and retailers that comprise the Company's current customer base, including the joint venture with Beyer Farms/Tuscan Dairy, ShopRite Supermarkets, Shaw's Supermarkets, 7-Eleven, King Kullen Supermarkets, and numerous distributors nationally.
Oh and did I mention they have the fastest Vodka launch in history surpassing Grey Goose first year sales by over 500%? And Grey Goose was bought out for $2.3 billion which equates to $18 a share for DKAM?
Those of you that know had JSDA under $1 and look what happened. This time they gave you all the news right there on DKAM at $2 and it will do the same thing JSDA did. Do the right thing and make the play already!
-------------------- "Great Day for Up!"....Dr. Seuss
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Drinks Americas Announces Earnings Conference Call & Webcast Tuesday March 13, 2:43 pm ET
WILTON, CT--(MARKET WIRE)--Mar 13, 2007 -- Drinks Americas Holdings, Ltd. (OTC BB:DKAM.OB - News), a leading developer and marketer of premium beverages associated with renowned icons, announced today that it will release its fiscal 2007 third quarter results before the market open tomorrow, Wednesday, March 14th, followed by a company-hosted teleconference at 11:00 AM ET the same day. During the teleconference, J. Patrick Kenny, President and Chief Executive Officer, will review Drinks Americas' financial results, strategy and outlook. A question-and-answer session will follow.
The dial-in number for the conference call is 1-888-694-4641, confirmation number 8571052. To listen to the live Webcast, log on to the investor relations section of the Company's website at www.drinksamericas.com. The call will also be available for replay for seven days by dialing 1-877-519-4471, pin number 8571052.
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About Drinks Americas
Drinks Americas develops, owns, markets, and nationally distributes alcoholic and non-alcoholic premium beverages that are often associated with renowned icon celebrities. Drinks' portfolio of premium alcoholic beverages includes Donald Trump's Trump Super Premium Vodka, Willie Nelson's Old Whiskey River Bourbon and Bourbon Cream. Drinks' non-alcoholic brands include the distribution of Paul Newman's Own Lightly Sparkling Fruit Juice and Flavored Water Drinks.
Other products owned and distributed by Drinks include Damiana, the Mexican liqueur, Aguila Tequila; Drinks' award-winning Cohete Rum Guarana from Panama, Swiss T and Rheingold Beer. Damiana, Old Whiskey River, Aguila Tequila and Cohete Rum are Gold and Silver Medal award winners respectively from the International Beverage Tasting Institute and the San Francisco International Wine and Spirits Competition.
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