InvestorsHub Logo
Followers 539
Posts 22046
Boards Moderated 1
Alias Born 12/24/2009

Re: None

Monday, 07/18/2016 10:15:33 AM

Monday, July 18, 2016 10:15:33 AM

Post# of 37779
$KGKG retires 30M free trading shares ... 62M float

Charleston, SC -- July 18, 2016 -- InvestorsHub NewsWire -- Kona Gold Solutions, Inc. (OTC Pink: KGKG), a premier hemp lifestyle brand of exclusivity and status, is pleased to announce that the Company is retiring 30 million free trading common shares of Kona Gold Solutions, Inc. stock. The Company has negotiated with a shareholder to reduce the overall number of free trading shares to help position the Company for future growth. The 30 million Free Trading shares have been sent back to the Companys Transfer Agent and will reduce the current float for Kona Gold Solutions, Inc., which is 62,031,197 as of July 18, 2016.

"In efforts to reduce the outstanding number of free trading shares, we have worked with a long standing shareholder who has agreed to retire 30 million free trading shares," stated Robert Clark, CEO of Kona Gold Solutions, Inc. "As we continue to build Kona Gold on a solid foundation, it's important that our stock reflects that growth and we feel that a reduction in free trading shares aligns our stock with our growth strategy."

The Company has had a tremendous amount of success placing its product in retail locations throughout Florida, so the Company's management team has decided to look for warehouse space in Florida to continue its growth. The Company plans to have additional warehouse space within the next 14 business days and will have its new warehouse stocked with its Hemp Energy Drink, Clothing Line, Hydroponic Systems as well as its non-hemp energy drink and shots.


For more information regarding Kona Gold Solutions, please visit:

https://www.facebook.com/konagoldhemp
https://twitter.com/konagoldhemp
https://www.instagram.com/konagoldhemp/
http://www.konagoldhemp.com



Kona Gold Solutions, Inc.:

Kona Gold Solutions, Inc. is currently in the process of developing a premier Hemp Infused Product line as well as merging its current subsidiaries out of the Company. The Company announced it has moved its Corporate Headquarters to 1591 Savannah Hwy, Suite 201, Charleston, SC 29407. Konas new warehouse and office space gives the Company the space needed to expand rapidly.

The Company has created Kona Gold LLC, a Delaware Corporation, to begin developing its Hemp Product line. Kona Gold will begin developing Hemp Energy Drinks, Energy Patches, Hemp Apparel, Hemp Shampoo as well as a Hydroponics division; please visit the Companys new website to view updates and new products www.konagoldhemp.com

There are many hemp companies out there that get lost in the crowd, but Kona Gold sets the gold standard with its premiere line of products.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.