Tag Archive | "Drinks Americas Holdings LTD"

Drinks Americas Adds Toronto Market with $50,000 Liquor Control Board Sale

Drinks Americas Adds Toronto Market with $50,000 Liquor Control Board Sale

Drinks Americas Holdings, Ltd.announced today that the Company has launched the first of its products to be sold in Ontario, Canada. Drinks Americas has sold $50,000 of Trump Super Premium Vodka to the Liquor Control Board of Ontario (LCBO), which has authorized the product. This initial order will open the Toronto market for the award-winning brand also sold in Alberta and Manitoba provinces. The cases are scheduled to deliver to the LCBO warehouse in January 2010. [...more]

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Drinks Americas Sells First $150,000 of Icon Brands to Israel in Third Quarter

Drinks Americas Sells First $150,000 of Icon Brands to Israel in Third Quarter

Drinks Americas Holdings, Ltd., (OTC Bulletin Board: DKAM) ("Drinks Americas" or the "Company) announced today that it has sold $150,000 of the Company's iconic brands to its partner, H. Pixel International Trade Ltd., in Israel. This revenue will be reported in the current third quarter ending January 2010 for Drinks Americas. In addition to this first order shipping immediately, the companies concluded the final contract amendments with H. Pixel in Israel that call for a guaranteed minimum of $175,000 in fees and payments annually for the next 15 years totaling approximately $3 million to Drinks Americas with the added potential for certain incremental bonuses for additional volumes or product additions. Drinks Americas has also received a $90,000 deposit against the next three years as a guarantee. Under the terms of the agreement, H. Pixel will pay for production, marketing and inventory apart from the annual guaranteed payment. [...more]

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Friday, November 17, 5:41 pm

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