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As an investor , yes, would agree mismanagement.
The drinks are not yet on any shelf, websites are not updated or renewed, no notice on Surge indicating it is now a KG co, dilution, new name appears to be bogged down, and no update to clarify.
That all said... i hold all shares, averaged down into the .0007's.
Emailed co and felt that they are indeed working on all. Shared my disappointment etc.
As posted multiple times, the risk reward at this level can be substantial.
I feel a chance they will work through this and speculators might be rewarded.
So, what I am reading from all these comments, is that there is continued mismanagement on all fronts.
my error - thought i read Vibed seeking VIBE.
Site - I didnt go further than to follow PR nuvibe link destination. So someone has secured, at least temporarily.
But seems clear they have run into issues w name or other to delay progress.
VIBE does not appear in an OTC ticker search so it appears to be available.
If you try to purchase nuvibe.co on GoDaddy, it says the domain is taken.
My guess is they aren't doing much of anything as evidenced by the fact that they don't seem to be doing anything.
Quarterly Report
https://www.otcmarkets.com/otcapi/company/financial-report/404212/content
pg. 16
likely that ticker is taken.
KG was premature in its announcement claim. An amateur unforced error.
And if you search vibe.com you get a social site.
Follow the Nuvibe link on release takes you to an unclaimed website on godaddy.
---
transparency also goes to updating issues and reasons for missed claims.
No updates on product of name or any prior.
My guess is they are working to clean all up... but never seem to learn actual results or solid claims are only thing that matters.
They need to stop with the claims of being an industry innovator, and 'taking industry by storm', corporate culture, 'having carved a niche', sales claims, and producer of bevS until actual sales, consumer validation and track record in industry.
They are different companies in different places with different tickers and different management teams.
VIBED/VIBEF is Vibe Growth Corporation, a California based Canadian company headquartered in Vancouver BC
https://www.otcmarkets.com/stock/VIBED/profile
https://www.vibebycalifornia.com/
https://www.linkedin.com/company/vibebycalifornia
KGKG is Kona Gold Beverage Inc/NuVibe Inc. with a new ticker of VIBE if they ever get around to changing it.
https://www.otcmarkets.com/stock/KGKG/profile
https://konagoldbeverage.com/
https://www.prnewswire.com/news-releases/kona-gold-beverages-inc-achieves-april-revenues-exceeding-586-000--302139845.html
Not sure how Kg is working new name etc, but Vibed is not KG
Thanks for the info on the effective date.
Daily list for FINRA effective 7/1 VIBEF
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Like a balloon?
Getting ready to pop!!
Go KGKG
Struc
i am fine if they put out several products as long as properly marketed.
Hemp , cbd can fall into health , but Thc is neither energy or health.
Energy is often caffeine based , but can also utilize milder natural ingredients.
Or can do pure health vita bevs.
All have markets and devoted consumers... but important the co knows how to segment and drive specific sectors.
But first step would be getting ONE product out.
i do hope they use fun language , creative , sales oriented... and stop overstating the company's accomplishments and place in industry with their boiler plate overblown copy.
Time for humility, getting products to market, let consumers and results speak for themselves.
I am an investor and would buy their products if they can just put them on the market. However, THC and chemicals in their beverages is a turn-off. They say their products are good for you. But I find that is not true if they include chemicals in the beverages. RC, as a CEO,, was very stupid to include chemicals in the beverages. IMO
yes
but a month or so + Jermaine Strong was CEO.
Never 'introduced' to new mgt, or exit of JS. Goes to transparency.
i am cautiously encouraged w new mgt, but all blind. New team has never communicated w investors.
What is THEIR plan and what is their view on shares, investors and value.
OTC Markets has Mr Jared Fisher as CEO and Brandon White as President Eichier as COO. Are these new people from Covert? See the OTC Markets information below.
COMPANY OFFICERS & CONTACTS
Jared Fisher
CEO
Brandon White
President
Elliot Eichler
COO
BOARD OF DIRECTORS
Brandon White
Audit Committee Member, Compensation Committee Member, Nominating Committee Member
OTHER COMPANY INSIDERS
Steven Bauer
Robert Clark
Roger Eagan
Terry Landers
Judith Wilt
Further add-
all aquisitions should include transparent diligence on impact to investors.
Cost/debt / anticipated returns / mgt /any side deals.
Covert seems a potential positive but no way to assess. Surge riddled w internal transparency issues.
Need to not release empty 'news' on Partnerships that disappear or not followed up. That was MO for past (RC) mgt making releases on distro deals everywhere but never materialize or followed up.
Mission - what is the co now? Thc ? a specialty bev co ? A distro co?
Assume they might say all, but have to have priorities, translate to investors.
Better to show real bottom line success in one than chase multiple rabbits.
And IF ... then be nice to outline mgt and goals $ for each.
If addressing investors need to anticipate serious scrutiny.
yes - frustrating
more forward looking claims and puffery.
Progress 1st half
-share value - .0028 to .0009
- 'aquisition' of Surge which was the landing spot of Gold Leaf , so KG bought from KG... who was paid?
- record rev / aligned w unannounced dilution... so a wash for an investor
- production near..' Goal was early May. No update. And this is just ONE bev. What about Kona Hemp, CBD, waters? Not avialable.
- what about update to strategic relationship w APRU?
- Mgt- the co now has the Covert team listed as CEO/COO on OTC. Jermain Strong was CEO. There have been material mgt changes to leadership. No news.
The co HAS to move past puffery and ignoring past claims. Further if the co wants to claim transparency as goal, then cant cherry pick.
i hold my shares. I gave the new team (?who now) through 2nd qtr to assure myself changes and turnaround post RC was real.
Random social media posts are not news.
Posts on X for June 3 & 14:
X Post
Has anyone seen the June 3rd & 14 posts on X?
nothing beyond what was in the release months ago.
given no bev products out anywhere the benefits of the 'strategic relationship' have not materialized (yet?).
And the shell games continue ...
Looks like the blind optimism is running out, even amongst the most staunch supporters.
If the debt wasn't so high, I would think that a buyout for their IP would be possible.
Look at the recent takeover, from Pepsi, of 2nd place by Dr. pepper.
DP did not acquire, they did a complete makeover and introduced new and exciting flavors, in order to capture a new consumer base.
Coke is been divesting brands that don't sell.
Takeover rumors are unfounded in the current market IMO.
Can anyone give any update about the relationship Apple Rush has with this company?
at this level their is no one in the money except insiders.
Think part of the recent activity is the transfer of some insider shares to new co.
At 10mm volume / $9k we are scraping the bottom now.
The co is now way late on all its stated objectives. No way to do serious diligence.
It is my bet, that the now almost 2 mo stall is their realization that nothing will matter until we see products on shelves, on websites that are current and relevant, and that the claimed revs attach to some real transparent outline, current and future.
It is likely now since NO owned product has been launched that eoy revs will be adjusted.
no excuses. Claimed transparency has to be for set backs and positive. No news as to why no balls in any hoops that any can see.
im in... but now NO substance... pure spec.
Are they possibly trying to scare people into selling there shares,so they can purchase?
I can never understand, if someone that thinks that a stock is a total fraud,why the hell would he care about letting us know this? I'm sure would have better things to do with his time..hmmm
assume you have sold all your shares , if you ever had. So here to share your trading insight on a tiny penny you have no stake in? Looks like you do yhat elsewhere as well.
Hows the bash pay?
No high daily volume trading.... just people trying to buy in now hoping it goes to 0063 again.... that was insiders pumping this stock to 63...; you suckers bought it.... you suckers are still buying it...or it would be at 0001... which it will be once you suckers stop buying it...then the volume will be 00000 daily..
Suckers!!!
yes, am familiar. i used 3.5 bil outstanding as est. rounded up
OTC Markets has the following info:
KGKG SECURITY DETAILS
Share Structure
Market Cap Market Cap
2,669,050
06/21/2024
Authorized Shares
5,900,000,000
06/09/2024
Outstanding Shares
3,336,312,279
06/09/2024
Restricted
430,515,224
06/09/2024
Unrestricted
2,905,797,055
06/09/2024
Held at DTC
2,895,173,117
06/09/2024
Float
2,453,312,419
12/09/2023
Par Value
0.00001
IMO
if they focus on a narrow but deep niche, and market to that, gain attention doing well with one consumer segment then can get a step up to first rung of ladder.
The math for survival / success at these levels CAN be huge. Of course can also go nowhere.
3.5 bil share out ( rounded up est)
assume 15 mm sales / breakeven +
that gives you about .004 or 4-5x from .0008
Of course that is a bet on biz plan execution and survival
I know how these products can get National exposure real fast. Over a half a million people attend sport venues every year. Get vendors to carry their products at football, basketball, tennis, golf venues. Can you imagine if just a quarter of these people brought a product, we are probably talking about 100k cans of beverage. The Energy drinks with hemp and D9 drinks. They would sell out in a heart beat.
IMO
Personally Ilike the recovery happening presently
Is NEWS PENDING??
Hit .0009 today !!!
thoughtful...
Thank you, moving steadily toward bottom, just a matter of where that may be, but buys from trip 1 to 4 are excellent IMO.
thanks for sharing... agree we are bottoming here and upside is huge.
An intangible is how many shares have been going into company friendly hands.
If co and allies are taking in a big % then can tighten this up.
Whether a spike or sustained will depend on next steps.
I was referring to this Tweet... think was on Friday....:
Kona Gold Beverage (KGKG)
@KGBeverage
·
Jun 14
Looking back on a busy and successful first half of 2024 for
@KGBeverage
. The $KGKG team is proud of our progress. From acquisitions to record revenue and more, we are making strides on all fronts.
Keep a lookout for an official press release detailing our stellar first half!
I, mainly, go by Charts and patterns I have discovered over the years... and, of course, what the OTC has been doing specifically the last 6 months... I think anything in the trips will pay 2-3 fold in next 2-4 weeks... (and higher...much... w/ a solid PR).. AIMO!! Once it hits the 50dma... then it gets fun!!
Best of Luck!
Struc
Yesterday was.0005 at its lowest/looks like today might go lower!!!
Hope you catch a spike with that strategy.
They lower the AS to 5.6B and now start the gradual increase back toward 10B AS?
I see they just increased AS TO 5.9B
If they dilute it down a couple more ticks, I will buy in here again. GLTA
dont remember any news on calendar , but overdue on alot.
That said , my hope is any news puts something contains actual results...public / website cleaned up, new name, products online for sale, and updates on mgt, board and other tangible.
i was wrong in the pace i thought they would achieve results. Clearly there has been massive dumping , likely debt holders / conversions, and RC milking all he can. Not much retail down here.
Didnt think we would see this level.
But i remain confident that the co will resurface and has a future. Remain confident under .001 will reward.
This one is about to Explode... Boom! Didnt they tweet about News this week?
Struc
Yep. Good low buys with high spikes. I’m sure cafi is just another garbage penny stock imo but it’s trading.
Missed it by a week. All downhill from here.
IN YOUR FACE JCCRYBABY/ 6.5 LOW TODAY AND NO VOLUME... HAHAHA JCCRYBABY...
Check out CAFI; do you have any thoughts on where the former KGKG CEO is taking that company? Making up what I lost on KGKG with Mr. Robert Clark's new company. Waiting on BLEG, although. Wish you both well. doorcounty
Hello Tuscan... IN YOUR FACE JCCRYBABY they dumped 60 million shares today/30 million at the end of The day/shares are down to 7sss... what do you think is going to happen next week????..6sss...5sss....4sss... lmao....
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