Filing Details

Accession Number:
0001185185-12-000196
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-08 13:27:35
Reporting Period:
2012-01-19
Filing Date:
2012-02-08
Accepted Time:
2012-02-08 13:27:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
873540 Drinks Americas Holdings Ltd DKAM Beverages (2080) 870438825
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1524448 F Richard Cabo C/O Drinks Americas Holdings, Ltd.
372 Dansbury Road, Suite 163
Wilton CT 06897
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-01-19 9,929,602 $0.00 10,229,602 No 4 J Indirect See footnote
Common Stock Acquisiton 2012-01-23 10,000 $0.50 10,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect See footnote
No 4 P Direct
Footnotes
  1. 10,229,602 shares are owned by Worldwide Beverage Imports, LLC ("WBI"). The Reporting Person is the sole member of WBI. As previously disclosed in the Issuer's public filings, WBI purchased an aggregate of 10,229,602 shares in exchange for (i) certain license and distribution rights; (ii) the cancellation and satisfaction of a $300,000 loan owed by the Issuer; and (iii) $1,200,000 in inventory, the sales proceeds of which are to be contributed to the capital of the Issuer.