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Diamond Estates Wines & Spirit Inc V.DWS

Alternate Symbol(s):  DWWEF

Diamond Estates Wines & Spirits Inc. is a Canada-based producer of wines and ciders as well as a sales agent for over 120 beverage alcohol brands across Canada. Its principal business activities include the production, marketing and sale of wine, and through its agency division, operating as Trajectory Beverage Partners (TBP), distribution and marketing activities for various beverage alcohol brands. Its brands include Twenty Bees, Creekside, EastDell, Mindful, Lakeview Wine Co., Shiny Apple Cider & Fresh Wines, and Backyard Vineyards. These products are available at government liquor boards, grocery stores and licensed establishments across Canada. It operates four production facilities, three in Ontario and one in British Columbia. The Company distributes a complementary portfolio of international wines and spirits through a subsidiary. TBP is the sales agent for many international brands in all regions of the country as well as being a distributor in the western provinces.


TSXV:DWS - Post by User

Post by habsfanon Nov 17, 2022 9:46am
239 Views
Post# 35106393

Insiders the winners IMHO!

Insiders the winners IMHO!In my humble opinion I am sure the winners here are the insiders who, regardless of the share price will rake in 10% on their investment.  They will keep this company afloat to make sure their investment pays off including recovery of their initial investment amount.  Win/win for them.  But what about us shareholders?  Another thought - is there any faith that mgmt will use this infusion of capital to develop and support a profitable operation? History says probabley not, so then shareholders will need to decide to either flee or see this through to hopefully a successful and profitable operation (or a over valued share buyout).  Where do you stand?
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