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4//SEC Filing

Cabo Richard F 4

Accession 0001185185-12-000196

CIK 0000873540other

Filed

Feb 7, 7:00 PM ET

Accepted

Feb 8, 1:27 PM ET

Size

6.8 KB

Accession

0001185185-12-000196

Insider Transaction Report

Form 4
Period: 2012-01-19
Transactions
  • Other

    Common Stock

    2012-01-19+9,929,60210,229,602 total(indirect: See footnote)
  • Purchase

    Common Stock

    2012-01-23$0.50/sh+10,000$5,00010,000 total
Footnotes (1)
  • [F1]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.

Issuer

DRINKS AMERICAS HOLDINGS, LTD

CIK 0000873540

Entity typeother

Related Parties

1
  • filerCIK 0001524448

Filing Metadata

Form type
4
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 1:27 PM ET
Size
6.8 KB