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KGKG has fallen a long way from the initial image of tatted-up 20 somethings stepping out of Lambo's with a can of Kona.
Bemax Inc. (OTC Pink: BMXC), a private label development company with a focus on disposable diapers and women's hygienic sanitary products, is proud to announce the successful completion of its acquisition of Kona Gold, LLC from Kona Gold Beverage, Inc.
LOL!! LOL!! DIAPERS?? WHAT THE FUCK???
Open more shell companies and have KG pay them for 'inventory', 'supplies', or 'shipping services'.
You gotta know Clark is still milking this cow. How is he doing it is the question.
That's not how it works. Price needs to drop nearer to .0003 before news comes out.
$KGKG From Sep. 10.
Kona Gold Beverage posts first profitable quarter on $1.225 Million in revenue!! #otc #acquisitions #stock $KGKG https://t.co/U77pC2IGWY
— Kona Gold Beverage (KGKG) (@KGBeverage) September 10, 2024
$KGKG New news should be droping anytime! https://www.otcmarkets.com/stock/KGKG/news/story?e&id=2946386
There has been significant dilution this year.
And years past the co proposed a crypto sideline. But not aligned in any way to core biz so discontinued.
Best to stick with their knitting.
Clark is not leading the co anymore.
Revs are reportedly related to Covert, not the bevs.
IN April they report almost $600k record revenues. And nothing produced. on the KGKG website Clark claimed another record $1.3 million in revenues and $133k in profits last month I think it was selling LuLu Lemon which he no longer makes or sells . All a bunch of nonsense. Nothing but shenanigans. No truth whatsoever and the crazy thing the stock is still trading. Some still believe Clark is ethical. How is this guy allowed to keep posting false PRs ?
It's diluted by 3.5 billion shares!
What if they bring a BTC or blockchain company into this shell. This will spike hard that you will have to chase. This is trading less than this its par value without the merger right now. There is no dilution. Good luck.
I belive this is a shell company. Nothing good going or ever will happen. The Ceo took huge salary boosts while his crappy company fell apart. One joke after another.
So... standing by all previous critiques, the opportunity appears possible.
At 4.5 bil os, if the 'new?' team brings in a synergistic co, and if last Q revs attach to the Kg Inc, not LLC, then it COULD be easy to see a cap value of 10-12 mm.
Thats a 4x from current.
Just sayin...
Lotto on!
There's no hammer. It's a scam
#LFG! We waited too long on this one! Drop the hammer 🔨
Yesss...totally agree with you, up for a reason👍
25% up for a reason! Bashers can suck it lol
$KGKG Excactly! Very unreal! I'm glad Ihub has the ignore button so I can block all those who have no shares, but try to creat FUD / chaos!
Well...it's also Very Good old news...so if not interested, why would you still be around?
Well...it's also Very Good old news...so if not interested, why would you still be around?
My grandma had a saying, "They'll do a pile, and step in it."
Seems fitting.
I was contacted by the Guinness book of world records, they wanted to verify Kona Gold Beverage was
the company that took the longest in OTC history to change its name since announcing so. They are also considering Kona
for the most times telling their shareholders they were moving forward and in a new direction without actually
moving anywhere in a noticable direction.
$KGKG Once the reverse merger has been completed and a final acquisition agreement has been signed, the new management team will host a nationwide teleconference to update all shareholders on the company’s future plans and strategic initiatives.
Continued Focus on Debt Reduction and Conversions
Kona Gold Beverage Inc. remains committed to enhancing its balance sheet through the continued negotiation of debt reductions and conversions. These efforts have been instrumental in achieving the company’s first profitable quarter and will remain a focal point moving forward.
About Kona Gold Beverage Inc.
The company is currently in advanced negotiation talks with several potential reverse merger acquisition candidates as it aims to expand its market presence and enhance shareholder value. With a focus on strategic growth and innovation, Kona Gold Beverage Inc. is committed to bringing the highest quality, most innovative products to market. It is also in the process of going through a name and symbol change to NuVibe, Inc. (OTC.PK: VIBE)
For more information regarding Kona Gold Beverage, please visit: https://konagoldbeverage.com/
Justthefax, this poster, he doesn't know what covert is, don't waste your time.
He says he called the office and they told him they're not selling products at this time? What a lie!
How come you're saying you called so many times and they don't answer you?
By the way, we all know he's lying, no office will say such a thing.
How can this have sales of over a million, when they are not selling product at this time? I called the main office and was told this!
I would had got more pleasure from wiping my ass and throwing the money into a fire pit to watch it burn.
Exactly because there is absolutely nothing here anymore.
When do we wash off the stock, with a symbol change, for a new round of pumping?
I remember buying this at 1 cent selling at 19cents way back. Now look at this Shit Car Go!!
Is the anything worth sticking around here?
Is HighDrates still part of KGKG (Kona Gold Beverages, Inc.)? What's the plan with this line if it is? I assumed it went with the energy drink company, Kona LLC.
Updating my post. I just saw that Justthefax caught the HighDrate on the website as well. I actually liked this product the best. Not a fan though of them adding THC and making it a sparkling water. If it is an add-on product, then fine. But keep the water and flavors. Even develop a line without the hemp and THC as an additional product. Damn the previous management. Ridiculous how they goofed up such a promising company.
What about people that bought at 0.0003 ? Or 0.0002? The 2s are UP 100%. LMAO.
And what are you?
Waiting on that nationwide teleconference to update the shareholders. Last PR says " after " the reverse merger completed.
You would think they would want to capitalize on a profitable quarter.
IF…
The last Q represented earnings primarily from Covert
The NuVibe name effort follows KG Inc (not LLC)
The newly posted mgt on Kona web site is the NEW mgt (not the departing mgt)
Highdrate is being renewed by KG Inc (new active link on website)
New reverse co aligns with Higdrate / Covert
Debt is actually reduced
New insiders / principals $$ are on board
THEN…
This represents a great opportunity.
But this is NOT clear from releases, as it is not clear what product lines attends LLC and INC, and which mgt leaves or stays.
It is also not clear given the last round of dilution and the daily rounds of hundreds of millions offered at .0004/5…which suggests a company valued under 2mm.
There should be something the NEW (if) mgt can share to clarify what was sold, and what remains.
T4 buyers are losers today lol
All you buyer at "4" are suckersssss... LMAO
Same. Reloaded .0004's.
that is ONE way to read it, and if so real potential from here.
But not clear and given past really do need them to communicate directly and clearly.
And need to see the shares stop pouring out ...
Don't buy 52 week low before merger because it is bad for your health according to those bashers. Lol
$KGKG Only changes on my DD about the OS that changed from 4.1B OS to 4.3B. Remember KGKG was .0063 in March 2024 with float may be little less than 4.1B. Waiting for whatever merger happens this to pop 🤣🤣🤣 https://t.co/heahcyFB5K pic.twitter.com/5xRhQhIwSM
— 007: A fearless OTC Trader (@shawonsarker84) September 16, 2024
Do I finally see some news that worthy?
Your posts and a report indicate that the KONA GOLD Energy LINE is sold
D-9 will replace drink line
Weed is Covert primary income producer
We are out of Florida to South Carolina and out with the old products and In with the NEW!!!!
Too bad management can't just flat out say so in a news flash instead of beating around the bush or nothing at all
Looks mighty good down the road with new line. Much more profit in weed than over marketed energy drink line!!!
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