Home > Boards > US OTC > Media - Conglomerates >

Kaival Brands Innovations Group Inc. (KAVL)

KAVL RSS Feed
Add KAVL Price Alert      Hide Sticky   Hide Intro
Moderator: i_like_bb_stock, daiello, JettaR
Search This Board: 
Last Post: 5/6/2021 3:43:06 PM - Followers: 180 - Board type: Free - Posts Today: 2

Welcome to the $KAVL ~Kaival Brands Innovations Group, Inc~ message board.  With exclusive, world wide distribution rights for the BIDI Stick,
KAVL is poised to possibly become one of the biggest OTC plays of the year! (Last Edited: 08/21/2020)


 
BLOCKBUSTER NEWS ALERT!!!
Financials reported 5/27/2020 (see link below) $22,000,000 in revenues for 2 months in operation with a net income of $2,800,000. 

Next earnings expected no later than 9/15/2020


 
Important Website Links:  
Kaival Brands (Main Website)
Bidi Stick  (Retail Website to Buy Bidi Sticks)
Bidi Cares (Eco Friendly Recycle Program)
Qrx Digital (Marketing Company)



















 
 As of 7/7/2020 KAVL is NOW an OTCQB listed company!


 
KAVL Company Financial Reports (from oldest to newest):


05/27/2020 - 10Q for Period Ending 4/30/2020

Fiscal 2020 Second Quarter Highlights:

*Revenues for the second quarter of fiscal 2020 were approximately $22.5 million, compared to $0 in the same period of the prior fiscal year.
*Gross profit for the second quarter of fiscal 2020 was approximately $4.2 million, compared to $0 for the second quarter of fiscal 2019.
*Total cost of revenue – related party was approximately $18.3 million for the second quarter of fiscal 2020, compared to $0 in the same period of the prior fiscal year.
*Total operating expenses were approximately $458,000 in the second quarter of fiscal 2020, compared to approximately $4,200 in the same period of the prior fiscal year.
*Net income was approximately $2.8 million, or $0.00 basic and diluted earnings per share in the second quarter of fiscal 2020, compared to net loss of approximately $4,000, or $0.00 basic and diluted loss per share, for the prior year period.
*Cash balance at April 30, 2020 was approximately $2.0 million compared to $0 at April 30, 2019.

 
Official KAVL Company PR's with Notable Snippets (from oldest to newest):


03/09/2020 - KAVL Gets Exclusive World Wide Distribution Rights for the Bidi Stick

Kaival believes that the BidiTM Stick is both innovative and health-conscious, and because of its growth potential, chooses Bidi as its first  brand to exclusively distribute. Kaival has set its eyes on internal growth and expanding global distribution to assist selected brands to dominate their respective industries.


04/01/2020 - KAIVAL BRANDS ENGAGES QUIKFILLRx TO PROVIDE SALES MANAGEMENT AND MARKETING SERVICES AND ANNOUNCES TWO ORDERS OF BIDI™ STICKS
 

the Company is excited to announce that it received an order of Bidi Sticks in the amount of $70,000 from a large national convenience chain, followed by a subsequent order in the amount of approximately $65,000. These orders are the direct result of the Company’s collaboration with QuikfillRx.
 


04/03/2020 - KAIVAL BRANDS ENTERS INTO NON-EXCLUSIVE SUB-DISTRIBUTION AGREEMENT WITH MINIMUM PURCHASE OBLIGATIONS

Pursuant to the terms of the Agreement, Favs agreed to purchase not less than 500,000 units of Products from the Company by April 30, 2020 and, thereafter, agreed to purchase not less than 1,000,000 units of Products from the Company for each subsequent fiscal quarter during the term of the Agreement.


04/13/2020 - Kaival Brands Enters Into a Second Non-Exclusive Sub-Distribution Agreement With Minimum Purchase Obligations

The terms of the Agreement are substantially similar to the terms of the sub-distribution agreement between the Company and Favs Business, LLC, a Georgia limited liability company, including the terms related to minimum purchase requirements and termination rights.


05/27/2020 - Kaival Brands Accelerates Growth with Bidi™ Vapor Partnership

We have made substantial headway in our initial distribution of Bidi Vapor’s product, the “Bidi™ Stick,” generating revenues of approximately $22.5 million in the first few months of this partnership.  Our focus now is to continue to increase revenues by increasing Bidi Vapor’s market share in the vaping industry.”

 

08/21/2020 - 300,000,000 Share Reduction & Global Expansion

The cancellation of the 300,000,00 shares of the Company’s common stock results in the decrease of issued and outstanding shares of the Company’s common stock from 576,495,148 to 276,495,148, or a 52.1% reduction in the Company’s issued and outstanding shares of its common stock.

The development comes on the heels of the Company commencing its plan to expand its distribution of the Bidi™ Stick, a top-quality vape device designed for the modern adult vape user, internationally into the European Union, New Zealand, Australia, and Canada. The Bidi™ Stick is manufactured by Bidi Vapor, LLC and the Company acts as the exclusive worldwide distributor.

Other References with Notable Snippets:


04/01/2020 - California Herald - David x Goliath: Bidi™ Vapor’s Story of Taking Over America’s Vaping Industry

“The reason why we did what we did is to provide a better product, a top-quality product. We don’t want to provide a product with even minor problems, whether direct or indirect problems. We know what was right for the industry. The way we structured our company models and the vision, and the device we made, we think that this should be the next industry leader – globally,” said Patel.


04/03/2020 - EIN News Desk - QRX Digital Sales and Marketing Seals Its Partnership with Kaival Brands
 

As its digital marketing and sales arm, some of our plans are in motion, and we are looking forward to seeing the results after the initial phase of this partnership”. We have already secured a top tier online retailer that has placed and received its first order. Forecasting out via the initial order size, we expect this top tier retailer to become a multi-million dollar annual partner for The Bidi Stick.


04/06/2020 - EIN News Desk - Bidi™ Vapor Launches Bidi Cares The First-Ever Eco-Friendly Vape Program

BIDI Cares encourages customers to participate in the eco-friendly initiative by returning ten used BIDI Sticks for a free one. The program aims to reduce the production of new batteries, therefore maximizing the usage of high-quality batteries in every vape pen. BIDI Stick batteries are CE, FCC, & ROHS Certified, ensuring user safety and recyclability.
 



Excellent YouTube Video review with over 20,000 views.  YouTube Bidi Stick Review
Reviews each of the individual flavors and a must watch if you want a good feel for the Bidi Stick product KAVL is distributing.




Qrx Digital Website - A very exciting statement from the CEO, Russell Quick, of Qrx Digitial:   

“In just a short time, QRX Digital has already secured substantial new customers for Kaival Brands and is about to deploy a massive targeted digital campaign to dominate all global sales channels identified for Kaival Brands Innovations Group.”


As you can see a lot has happened in just a short time, with much more to come!  Especially with the promise "to deploy a massive targeted digital campaign" which is quoted just above.  But wait there's more...

Yes, this gets even better!  Take a look at the Share Structure from OTC Markets:


  

And to top that off, from the 02/20/2019 8K, the officers own over 85% of the shares outstanding
Additionally, they paid $325,000 in cash for the shell:

 

On February 6, 2019, Quick Start Holdings, Inc., a Delaware corporation (the “Company”), entered into a non-binding Share Purchase Agreement (the “Agreement”) by and among GMRZ Holdings, LLC, a Nevada limited liability company (the “GRMZ”), and Kaival Brands Innovations Group, LLC, a Delaware limited liability company (“KBIG”), pursuant to which, on February 20, 2019, GMRZ sold 504,000,000 shares of the Company’s restricted common stock, representing approximately 88.06 percent of the Company’s issued and outstanding shares of common stock, to KBIG, and KBIG paid GRMZ consideration of three hundred twenty-five thousand dollars ($325,000) (the “Purchase Price”). The consummation of the transactions contemplated by the Agreement resulted in a change in control of the Company, with KBIG becoming the Company’s largest controlling stockholder. The sole members of KBIG are Nirajkumar Patel and Eric Mosser. The Purchase Price was paid with personal funds of the members of KBIG.




 

 

 
KAVL
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PostSubject
#13251  Sticky Note Investor call coming! https://www.otcmarkets.com/stock/KAVL/news?id=296988 i_like_bb_stock 04/06/21 10:11:52 PM
#13159  Sticky Note I know I said I would take a daiello 04/01/21 11:34:28 AM
#13722   If you say so. daiello 05/06/21 03:43:06 PM
#13721   Sure they will.. and then a nice big Magnetics 05/06/21 10:23:03 AM
#13720   These shares for a buck or slightly over daiello 05/05/21 05:02:17 PM
#13719   There we go! This is the signal I Pandion 05/05/21 03:48:39 PM
#13718   yes bounced right off the 200 day MA i_like_bb_stock 05/05/21 02:29:14 PM
#13717   Yeah, it just wanted to go back and Manti 05/05/21 01:57:44 PM
#13716   new highs beautiful candle developing off the 200 i_like_bb_stock 05/05/21 01:16:59 PM
#13715   135K weak shares,... in stronger hands now.. kavl berdboy 05/05/21 12:27:56 PM
#13714   trips cumming? droopyeyes 05/05/21 11:52:56 AM
#13713   Yep, they are, that's why we're here. JettaR 05/05/21 11:45:26 AM
#13712   keep selling! kavl berdboy 05/05/21 11:27:39 AM
#13711   I added 5K more 1.06 this is truly nuts i_like_bb_stock 05/05/21 11:25:30 AM
#13710   lots of sellers it seems... insane..kavl berdboy 05/05/21 11:24:07 AM
#13709   Unless I’m missing something, looks like a great Wtrdoc 05/05/21 11:23:26 AM
#13708   gonna load another 150k soon .... prices berdboy 05/05/21 11:19:23 AM
#13707   This is truly f'ed up i_like_bb_stock 05/05/21 11:15:53 AM
#13706   Headed under a dollar. What a #%@%#$ shame. JettaR 05/05/21 10:59:29 AM
#13705   It would go lover anyway...the only buyers are chkta 05/05/21 10:56:45 AM
#13704   sadly once they announce the R/S it going berdboy 05/05/21 10:11:24 AM
#13703   Yeah it’s been very painful to watch this Brksqd227 05/05/21 09:42:40 AM
#13702   I must say, most painful bleed I've experienced. fourcloze 05/04/21 05:47:20 PM
#13701   Questions/Answers were added to the website... daiello 05/04/21 01:03:10 PM
#13700   That's a nice catch for sure, ANT ANTADOG 05/04/21 01:01:46 PM
#13699   someone got a pile at 1.07! lol..dummies selling....kavl berdboy 05/04/21 11:31:03 AM
#13698   This is hard to watch lol Just going to Brksqd227 05/04/21 10:47:53 AM
#13697   Yep, another clueless wonder. JettaR 05/04/21 10:27:15 AM
#13696   bye!! goingupnow0 05/04/21 09:58:22 AM
#13695   All done here after the reverse split. Magnetics 05/04/21 09:57:39 AM
#13694   all depends on when they filed it... time berdboy 05/03/21 02:35:42 PM
#13693   Yeah, berd, may want to review criteria bit fourcloze 05/03/21 01:22:30 PM
#13692   I think you need to check the listing requiements... chkta 05/03/21 01:10:44 PM
#13691   because i suspect we have already qualified for berdboy 05/03/21 12:24:22 PM
#13690   How can you have a 1 for 3 chkta 05/03/21 09:37:17 AM
#13689   lets hope its a 1/3 R/S now.... that berdboy 05/01/21 12:12:32 PM
#13688   agreed when we reverse it goes quickly i_like_bb_stock 04/30/21 03:38:35 PM
#13687   Looks that way. I think May will be hydr0gen1 04/30/21 03:36:29 PM
#13686   Those are all variables and factors to be Manti 04/30/21 03:07:47 PM
#13685   Finally ready to turn the corner here i_like_bb_stock 04/30/21 01:15:10 PM
#13684   I agree. BuyNStonks 04/30/21 12:11:35 PM
#13683   i agree.. it needs to be north of berdboy 04/30/21 11:22:42 AM
#13682   The way I read it is there has Manti 04/30/21 10:57:10 AM
#13681   especially with the last 2 qtrs being far berdboy 04/30/21 10:50:10 AM
#13680   This deserves some attention. if KAVL runs again, ManSax 04/30/21 08:28:18 AM
#13679   Though I would hope he is low balling ManSax 04/30/21 08:24:54 AM
#13678   Should be $67M(ish). BuyNStonks 04/29/21 06:34:58 PM
#13677   And that's precisely what I'm saying. The fourcloze 04/29/21 06:24:01 PM
#13676   if ypu are expecting over 90mm for the chkta 04/29/21 06:16:16 PM
#13675   Paid or not this exchange is a joke fourcloze 04/29/21 05:41:32 PM
#13674   Just an FYI, take a look at the ManSax 04/29/21 03:53:54 PM
#13673   try 3.00 pps.. i,m sure it will be berdboy 04/29/21 01:37:02 PM
PostSubject
Consent Preferences