Drinks Americas Holdings, Ltd. announced that it has received $0.13 million in funding from Worldwide Beverage Imports, LLC.
November 01, 2012 at 12:00 am EDT
Drinks Americas Holdings, Ltd. (OTCPK:DKAM) announced a private placement of 8% unsecured convertible promissory note due May 1, 2013 for gross proceeds of $125,000 with new investor Worldwide Beverage Imports, LLC on November 1, 2012. The note will carry an interest rate of 8% per annum and will mature on May 1, 2013.
On November 1, 2012, Drinks Americas Holdings, Ltd. closed the transaction.