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Non-Tech : Drinks Americas -- Ignore unavailable to you. Want to Upgrade?

To: HEXonX who wrote (36)	2/8/2007 10:58:52 AM
From: HEXonX	Read Replies (1) \| Respond to of 49

AUSTIN, Feb 08, 2007 (M2 PRESSWIRE via COMTEX) -- A very interesting indicator to look for is where the money is flowing into. We have a filter that we watch every morning that shows us "Dollar Volume". Here are a few of these stocks: stockwire.com . Drinks Americas Holdings, Ltd. (OTCB DKAM) Wednesday's market went down 12.01% to $2.93 per share, with a total of 812,109 shares traded. The company announced that it has fully funded its marketing, sales and promotional program for its product lines. The Company stated that it has completed an institutional private placement of $8 million in common stock through Midtown Partners & Co., LLC, with all details of the equity financing being contained in yesterday's filing with the Securities and Exchange Commission on Form 8K which is available on www.sec.gov. J. Patrick Kenny, CEO of Drinks Americas, stated, "This new capital ensures that Drinks Americas is equipped to execute our business plan on an accelerated basis and support and grow each of our icon brands. This equity funding establishes a strong net worth and, together with our credit facilities at BACC/Sovereign Bank, positions the Company to anticipate and meet product demand, have substantial marketing resources, and provide for our corporate working capital needs. Whether it be the continued rapid growth of our Trump Super Premium Vodka or the anticipated re-launch of our newly acquired Rheingold Beer, this capital assures the unfettered growth of our products and our company." Drinks Americas Holdings, Ltd. engages in the production, marketing, and distribution of premium alcoholic and nonalcoholic beverages associated with icon entertainers, sports figures, celebrities, and destinations to beverage wholesalers in the United States. The company markets nine beverage brands, including Old Whiskey River Bourbon, a small batch bourbon; Old Whiskey River Bourbon Cream, a blend of dairy cream and bourbon; Cohete Rum, a sipping rum; Aguila Tequila, a 100% tequiliana weber blue agave reposado tequila; Normans Wines; Damiana, a Mexican liqueur; Y Sake; Swiss T, a ready to drink tea; and Newman's Own Lightly Sparkling Fruit Juices, a natural juice product. Drinks Americas was founded in 1986 and is based in Wilton, Connecticut.