Kona Gold Beverage Inc (KGKG)

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Let's not forget this new!!
30,000,000 being retired

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.