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$KGKG According to the recent filing, maturity on notes due the first quarter and notes even due today could be the reason for the recent dilution. Clearing up the past under the old management was discussed in the last PR. Appears starting with a clean slate, then releasing product, new website, company name, etc are currently in process. What is interesting is the mention of an open house event. Bleg also mentioned an open house event at the Melbourne location for tomorrow. Interesting.
$KGKG According to the recent filing, maturity on notes due the first quarter and notes even due today could be the reason for the recent dilution. Clearing up the past under the old management was discussed in the last PR. Appears starting with a clean slate, then releasing product, new website, company name, etc are currently in process. What is interesting is the mention of an open house event. Bleg also mentioned an open house event at the Melbourne location for tomorrow. Interesting.
Yahoo Finance has the following write up on Nuvibe (kgkg):
"NuVibe, Inc. Overview
NuVibe, Inc., a lifestyle company, develops and sells hemp and cannabidiol (CBD) products in the functional beverage and fitness markets in the United States. It offers hemp energy drinks and CBD energy water; and alkaline waters, beverages for kids."
Nuvibe is not over yet. They have a lot more news to share. It mentions CBD water, Alkaline waters, and beverages for kids.
IMO
Seems like there is a broken pump in the KGKG machine.
ALKM used to produce the HighDrates for KGKG.
I saw something in an outside article about the other companies. I cannot recall where. As I recall, because I was one of the morons who invested in USMJ, I noted a relationship with KGKG which mortified me because USMJ have been known to be scammers. I actually made about $15K on USMJ on some wicked rebound they had before again disappearing. Sadly, I am praying and hoping for some wicked rebound will occur with KGKG to save my ass. I have little faith to be dropping money on them now.
Here is a post on this board from 2019. I did not know how to post a link, so I copied the content.
gregcod
Re: youwish1 post# 82663
Tuesday, January 01, 2019 12:03:29 PM
Post# 82696 of 120546
Take this into considerATION..2 YEARS I called Pura (Puration) CEO Brian Shibley, and he gave me 35 minutes of his precious time to tell me not about my $ 3,800 investment in PURA..But about his CBD Sports /Hydaration Drink- EVERX.. which was just about to have a first order shipped to Drug Emporium in Colorado I believe..He told me many things ..but one Biggie He finally told me...The 2 CBD/THC/Hemp/ Extractions Patents that NCN Biotech Pura had exclusively had the extraction license to use in its Beverages was worth many ,many million..NCN Biotech!! I quote him in saying. " NCN Biotech Has as good...or even a Better Extraction Patents..and he said we,Pura is a "Start-Up... penny stock..but that he said if other than GW Growths EXtraction Patent..A $120 dollar stock worth is as of now any indication..Pura will growth Thruout the years to be a promising dollar company....So now you allGo Figure KGKG is now partnered with Kaly and Pura..Kaly owns those NCN Biotechs CBC/THC extraction patents..Now do ya think Brian Shibleys, Pura CEO, is a Scam? Think Not !!!!!!! I bought pura at .01 late? and sold for .22 cents.. for a whopping $ 86,000 dollars a few months ago. !!! Profit but I listen to Puras Brian Shibley..he took 35 minutes with me and told me the concept was well founded with CBD/ possibly THC edibles /clinical market use..which are many..No sugar coating NADA! So You all can sell your BS as your opinion which is just an opinion..but Kaly owns those patents NCN Biotechs..A Fact.. so being a partner with Brian Shibley.Kona Gold .and Alkame..We are going to see dollar signs,,IMHO
Looks like the same juggling and swapping game being played with KGKG. Multiple companies playing shell games with funds and assets IMO.
Which shell is the profit ball hiding under?
The only association was ALKM, that Kona used to make some of their drinks. I know because
I bought shares of ALKM, but it does not reflect on the business of KONA, only that ALKM
appears not to be the maker of drinks for us anymore.
How were THOSE companies associated with RC and Kona ?
Because that was a joint venture called Farmersville that failed before it ever got off the ground.
Here is good link for that info:
https://finance.yahoo.com/news/pura-publishes-farmersville-hemp-brand-133900219.html
LOL. Now that is damn funny!
Hey Bobo... jccrybaby don't know anything about those companies...all those companies went to 000001...same management.same thing will happen to kgkg... SUCKERS!!!
Have you looked at ALKM, USMJ, PURA and other associated with RC?
Hope you are right, but I have my doubts.
Yup ha e to agree with hope swill this stock n company really sucks I'm selling and on my way to better things not waiting for this bs game any longer good luck to you all peace and love is the answer but not just here
Hey hope swill are you finally buying some shares ? About time
Trend break
Hahahahahahahahaha
Looks like KGKG may come alive again real soon things seem to be in the works behind the scene glad to get some shares at these levels will pay off one day
thks for update on ps.
Got a brief email response... my summary... 'all moving forward, goal to put rubber to road before updates, but apparently all products ( kona, new highdrate, covert) all underway along with new company as holding co, with breakout brands.'
fwiw.
For me, even blind, if they do close to their goal 10-12 mm revs then current cap of 2.5-3mm remains a spec opportunity.
imo
Nice to see the Yield sign gone. Three weeks left in the second quarter.
Say, wasn't there a launch of products scheduled for the second quarter ?
I agree. Time for a good housecleaning.
No pity from me. Many of those companies are in the OTC and have fleeced shareholders / investors for millions.
RClark ran this company into the ground and stole the money imo...
I saw 7ssss yesterday/Monday ,6sss?..IN YOUR FACE JCCRYBABY!!!
Seems like a few people in here are finally getting it.
How many more shares will have been printed by the next disclosure?
Lifebone??!!!! There are around 20, definitely less than 50, people buying this crap at this point. You're simply giving the money to insiders who control the price and are waiting for new saps to cheat.
Look at ALKM who used to produce the hydrates for KGKG. They will exist indefinitely and management there will make their money and whenever they want/need more cash, they will just continue to dilute their share base. Are they a legit company? Yes, but beyond management shares, they don't give a damn about their shareholders.
At least they still produce and produce damn good products. KGKG had good products, arguably the best in their industry. But they make poor decisions and really do not care about their shareholders. Shareholders who BUY their shares are fools with this company.
That's only because no company interaction with the shareholders.
They are keeping us in the dark. They need to throw us a lifebone soon.
Wow, this may go all the way down.
Still buying. Nothing but upside for me...LOL
Don't worry hope swill I still love you and I'm not crying I'm laughing cause you be funny
Jccrybaby....I see 8ssss are selling/7sss are next... In your face jc!!!!
Do we see .0005 on the horizon? The scams can only support price for just so long.
Agreed they should reveal at least something to all the shareholders at least soon
i am net very positive over the years, but am down over 35% after averaging down in this last run.
But a loss is only realized when sold, and i hold and continue to buy small lots under .001
Could be a fools effort, but i feel they are working on
-New site(s) / listing
-Getting SOME product out
-Integrate the Surge / Covert co's
At .001 the co is valued under 3.5 mm or so.
A coin toss. If they have even a small pulse then can recoup +.
But the silence after 'launch' and no comment following last Q... and nothing visible on any site or consumer sales fronts... all blind.
i do not see dilution over last q.
so when are they going to pause/stop this diluting machine??Im excited to grab some at these levels but, who knows if this keeps goin down more
For sure one day patients will prevail
Well, I am going to keep buying, regardless. Could be another that increases in value.
They will keep the shares the same don't worry
The reason I asked is that I have had a few companies change their names and that it did not affect my shares. As a matter of fact, they actually increased in value. I was just asking.
The name changes don't mean anything at all....it still is the same company and same management...the kgkg shares might be worthless after the name change/ticker change..the new ticker might come with it's own new shares...lmao!!??!!
I think they are trying to start everything over fresh from before but they have to be smart about it for All our sakes
So when is the name change supposed to happen, and what does it mean for KGKG? I am thinking of jumping in. Go or No-go?
Unfortunately, accountability of management in these companies is highly unlikely. The "forward-looking" disclaimers put the risk squarely on the shoulders of investors.
Short of something outright illegal, that SEC or DOJ can finger, they will get away with their ill-gotten gains.
I lost a bunch on this one and am sure I am not the only one. I snuck in and out a few times, on the hype, to get some money back, but still at a net loss.
GLTA.
Such a damn shame. I got duped like a lot of people. I rationalized so many things they did the first few years of operations. I do think RC started out with the right intentions and then took the easy way out with scamming everyone because of shady opportunities as a penny stock company. Seems that was when he may have met the USMJ and PURA people. Who knows, he might have known them from the beginning.
I know of a few others from this board who invested heavily as have I. It has been very painful to lose a ton of money. Did well investing for a while and did cardinal sin of putting all my eggs in one basket, the KGKG basket. This company had the best products in their industry. Now they no longer offer the original HighDrates, limited the new THC HighDrates to dispensaries (can they even ship their products over state lines to online customers?), and now aren't even producing the energy drinks. They are rudderless as a true operation, and apparently making it difficult to find anything of substance on their operations in order to pull more scams. I hope this Companies management gets theirs someday.
But, but, but, why would they not want people to be able to find anything of substance about their operations?
First answer is that anything seems possible with this group (except full transparency, product release, share value and effective marketing).
I have not seen any filings either, which makes me wonder how/why Yahoo! has changed the name already.
PR said they were changing the name and applying for the new symbol. That's what we know. No mention of a buyout or takeover.
https://www.prnewswire.com/news-releases/kona-gold-beverages-inc-announces-name-change-to-nuvibe-inc-and-initiation-of-ticker-symbol-application-process-302127549.html
Seems they are purposely making it cumbersome to research the ticker and name.
likely not... as noted earlier, lack of imagination w name, but not associated w Canada 'Vibe Growth' or Vibed. They have 7 stores in California, website and current financials.
The company being talked about is the FINRA posting of the change of status of VIBEF to VIBED, Weather or not it
is the same company that Kona Gold is changing to is a different story, because we have no actual news to tell us.
But I have NOT seen a filing for a name change from KGKG to VIBE or anything like it. So I am Just asking the question
Could a Foreign company named VIBEF, have something to do with the name change of Kona without a filing . IF VIBE were to buy
KGKG, it would be in effect a name change without the filing. ITS JUST A QUESTION.
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