Kona Gold Beverage Inc (KGKG)

[B0B0]

Big things on the horizon!

[PanchoJimenz]

They know something.

[Phoenix1111]

Dang look at the bid volume stacking up!!

[TucsonPhil]

A $14M IPO in this market will likely fail to generate much interest, although insiders may know something that we don't.
.

[justhefax]

The co needs to clarify.

Besides the pending RS, the last guidance for eoy is the standing 8-10mm. The last qtr offered no update and given reported numbers no reason to expect any upside surprise.

But up or down the company has not updated and would seem obliged to give holders accurate numbers

[Phoenix1111]

I absolutely agree. As far as the rollout for October, is it for ohh la lemin nationally? Or energy drinks too? I understand that ohh la lemin is already in some Walmart’s according to the previous Pr’s earlier this year. ???

[Luho]

How has the company not released a PR about the extremely important recent filing? Some sort of clarity or explanation of company intention and direction would make a lot of sense right now, or yesterday

[TucsonPhil]

So, we may get some last quarter sales in time to top up the annual results.

Do they need any volunteers to fold those display set cardboard backboards? lol

[Squeezer]

when we were expecting the Walmart national roll our, We got this in July.:
Clark continued, “We anticipated to be rolling out our Ooh La Lemin in June to a national retailer, but that roll out has been delayed until their store sets are completed, which is anticipated to be around the early October time frame. Even with the delay of that rollout, the Company posted its biggest quarterly revenue in Q2.”

[Squeezer]

when we were expecting the Walmart national roll our, We got this in July.:
Clark continued, “We anticipated to be rolling out our Ooh La Lemin in June to a national retailer, but that roll out has been delayed until their store sets are completed, which is anticipated to be around the early October time frame. Even with the delay of that rollout, the Company posted its biggest quarterly revenue in Q2.”

[NorthShoreTrading]

Walmart delay until OCT?? How do you know that?

[justhefax]

Well likely , or possibly , along with aggressive reverse the ipo may then further dilute.

If they do 1500-1, bring down to 1.1 mil. Then raise 14mm on top of that with another 2-3 mil shares at 3.5-5… plus warrants … means current holders will get crushed.

I am out, and will watch and reenter when the dust settles. It could be a real prospect with shared cleaned up.

[Squeezer]

I guess we know about Walmart delay until OCT
But what about this , Why no news:

Melbourne, FL -- May 17, 2022 -- InvestorsHub NewsWire -- Kona Gold Beverage, Inc. (OTCQB: KGKG), a holding company focused on product development in the better-for-you and hemp and CBD functional beverage sector, is pleased to announce its popular Sparkling Ooh La Lemin Lemonades will be sold in Winn-Dixie stores in Florida. The Company’s 12 oz Sparkling Ooh La Lemin Lemonades, available in 6 flavors, will be sold in various stores across the state of Florida starting in Q3 of 2022. The Company will announce the approximate number of stores and the dates as it gets closer to launch. This marks the second major Grocery/Supermarket chain the Company has announced in 2022 where Ooh La Lemin will be sold.

[Squeezer]

Tell me about it.
My account is disappearing and only up 100% on original investment.
I would like more information on :Plans, sales, upcoming events and so forth.
RC knows what's on but the average share holder doesn't. That is not good. Then you can't make a solid decision.
JMHO

[TucsonPhil]

I believe that any product placed in front of a Walmart shopper will get sales that it wouldn't have gotten through Amazon or other mail-order delivery channels. Most people will buy a new product to try it out. Those same people are unlikely to return it if they don't like it; they just give it to friends or family instead, then maybe those people try it and like it, Voila new customer(s). Exposure will be the key to increased revenues. This should be just the start of an escalating sales trend.

[Squeezer]

No problem
have been here since only having energy shot, original energy drink, and Kona Coffee. and split off for vate.'
guess you can call me a long!

[pacad]

Thanks for pointing that out but the drop in share value by 80% over the last 52 weeks doesn't really inspire confidence, especially if we see a reverse split to the same ratio.

[Squeezer]

After that RS opened door for KGKG. in sept

Symbol Change 09/11/2015 KGKG Symbol change from UNQTD to KGKG

now different company

DATE TYPE CASH AMOUNT SHARE AMOUNT * EX DATE RECORD DATE PAY DATE
04/07/2017 Ex-Dividend — — 04/07/2017 04/07/2017 04/14/2017
For every 10 shares of Kona Gold Solutions, Inc.(KGKG) ,rounded up to the nearest whole 10 block, the shareholder will receive 1 restricted share of Elev8 Brands, Inc (VATE). Will not be quoted Ex

Why post negative items for a previous company?

[pacad]

The reverse split in August 2015 (1:1500) certainly didn't help investors. In my opinion this history of reverse splits really illustrates the poor management of a company that had potential. I'm going to bail and just accept the loss. Good luck folks I hope you have better luck with this one than I have.

[Squeezer]

I have question which perplex's me.
If KGKG is structured with the four LLC's , comprised of the hydrate and storm for one, Energy drinks for another, Then there is Gold Leaf,
In the last news about up coming events S&S is also mentioned.
Question is Is S&S now active up there in Wisconsin, or is it part of
Gold Leaf, will we see reports about Sales and Revenue, Will Gold leaf nurture S&S and develop it into it's own model with all their products.
Lot's of possible revenue here. '

anyone have idea's

[Squeezer]

I have question which perplex's me.
If KGKG is structured with the four LLC's , comprised of the hydrate and storm for one, Energy drinks for another, Then there is Gold Leaf,
In the last news about up coming events S&S is also mentioned.
Question is Is

[B0B0]

At this point, an investor either believes a reverse split will be the best thing to happen to this company or not. Wager accordingly.

[pacad]

Thanks. After holding on to shares for some time I thought the news had little true meaning.

[justhefax]

Yes, read back a few posts

[pacad]

Hemp-based beverage maker Kona Gold files for proposed $14M IPO, uplisting to Nasdaq. According to Seekingalpha.com. Anyone heard anything about this?

[Cabocat]

Thanks for the info Phil!
Have a great weekend

[TucsonPhil]

I ordered my last batch of candy apple energy through Walmart, to see how the ordering process worked. I received it in about three days.

Today, I received two separate emails from relay.walmart.com, one for Highdrate and the other for Ooh La Lemin. The 20% off Labor Day sale promo code is LABORDAY2022

[Cabocat]

Where do you see this info?

[TucsonPhil]

Kona is working with Walmart to send out Labor Day sale emails to customers who have previously bought their products. Finally, they are doing something with advertising!

[TucsonPhil]

Kona is working with Walmart to send out Labor Day sale emails to customers who have previously bought their products. Finally, they are doing something with advertising!

[Luho]

The social media campaign is soooooo bad with Kona. They could pay any random 18 year old minimum wage and get a much better result

Hell, they called their own product “Kona Hold”

Inexcusable

[justhefax]

Bizarre …looks/sounds like a distorted reality promo after a night of too many bongs

What a mish mash of identity directions. They STILL have not upgraded or transformed their old brand site

https://konagoldhemp.com/about-us

Still have kona gold pictures with fast cars and luxe Miami vice direction. Soooo dated. Then mix in ooh la?

The advice they are getting on the brand marketing media front is really bad and the execution worse.

So sad as the product is good !

[mccd]

That’s awful. I’m trying to keep hope alive that this isn’t another BLEG… Shocked the price has held this week, but please get them some social media skillz

[gutek]

I am afraid it's too late to pump, everyone knows split is coming

[Luho]

https://www.instagram.com/reel/CiAb3nwseIC/?igshid=YmMyMTA2M2Y=


Sigh

[Cabocat]

They better have a couple amazing news releases. Otherwise a company upgrading and losing money is just a loser.

[TucsonPhil]

I am usure. Could there be any connection to news release?

[justhefax]

Yes an RS is/was the likely path to restructuring the shares.

But the likely good $ will be after such an event. And not immediately. The rs , imho, would and will destroy current holders value but lay foundation for a new stage of growth.

Another consideration is that the reversed shares, warrants, plus insider allocations and protections will be be tightly controlled. This makes future values hard to predict since the co still is losing money and needs to fund itself again via shares, and likely has some good news events to throw into the mix.

The current support at this level is another interesting sign.

[PickItToWin]

100% correct!

[Paco Sanchez]

I thought you were predicting earlier this year that a RS was coming and that it would be a good thing. If this company is successful after the RS, how would it crush existing holders? If you earn a $100,000 return in 5 years instead of the $1 million, it is still a huge return.

[Investor004]

Thanks for the comment Paco. I've been holding my shares for a while now. $KGKG has made some interesting news if you care; Kona Gold has broadened its salesforce in more states. I'm sure there is a real demand for the products.
I hope you're right.

[Paco Sanchez]

It only kills your investment if you sell. The reverse split, IPO, and uplisting is the best strategy for this company. They have a product that is in demand but don't have the money to generate the inventory to supply the demand. If you want to see the products roll out in Walmarts across the country, they need money to put them in stores.

[Paco Sanchez]

As the largest shareholder, he just destroyed himself?

[chsapeak]

So why do you feel the underlying reason for that may be?

[TucsonPhil]

Very suspicious that TD Ameritrade level II quotes quit working just days before this announcement.

[Luho]

Robert Clark knows he just destroyed the remaining value to his shareholders. If he was optimistic, he’d have made sure everyone knew.

Best hope now is a pre-split pump to allow remaining insiders to exit with a bit of value

[Investor004]

So therefore this news- Kona Gold is going to uplist is a reverse split guarantee. I've lost a lot of money with Kona Gold so far; the stock price has been falling steadily since last year. This is the final blow if a reverse split kills my investment.

[justhefax]

Current cap - est 10mm

They want to raise 14mm AND uplist

Uplist means cap requirements and min share price. A RS is likely going to crush existing holders

If good why would there not be some direct communication to current holders ?

[skifast 25]

https://seekingalpha.com/news/3879690-hemp-based-beverage-maker-kona-gold-files-for-proposed-14m-ipo-uplisting-to-nasdaq?mailingid=28924796&messageid=2900&serial=28924796.244&source=email_2900&utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=28924796.244

[urge2surge]

All these companies are essentially owned by the market makers, wall street. They dictate every facet of directions and actions. Seen it over and over again. The only thing I'm surprisedby today was that it didn't crash. The r s is inevitable. I've never seen one get the better days of such events. Obviously they want to uplist but the slaughter to current shareholderswill be painful.
I honestly hope longs make make good coin here. They deserve it.