6. INVENTORIES

12 Months Ended

Apr. 30, 2013

6. INVENTORIES

Inventories as of April 30, 2013 and 2012 consist of the following:

	2013		2012
Raw Materials	$	-	$	20,431
Finished goods		19,418		820,970
	$	19,418	$	841,401

All raw materials used in the production of the Company's inventories are purchased by the Company and delivered to independent production contractors.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details

DRINKS AMERICAS HOLDINGS, LTD 10-K