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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 88guy88on May 31, 2023 12:29am
238 Views
Post# 35471654

Announcement of BIG order will be next

Announcement of BIG order will be nextThe loan is short term and repayable in 120 days...likely funds being used to fill a big order...perhaps an order for China....happens all the time with smaller companies....lender is confident in the ability of company to pay back loan plus interest for this working capital as the loan is "unsecured"...I think this is the beginning of more orders to come and adds more likely hood that Lassonde will be swooping in real soon....also note the director is willing to accept DSU in lieu of pay as they know that the value of shares is worth much more that a paycheck today

Quarter results should be out soon..expecting good things..Cheers!  :))
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