Kona Grill Inc fka KONA

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Renee

10/05/21 6:24 PM

Post #88

KONA: Charter Cancelled/Dissolution

FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

CaoPanShou Free

09/14/21 7:54 PM

Post #87

Did The ONE Group make any statements about how they intend to handle the ticker symbol. One group trades under $STKS on Naz.

Renee

05/27/21 7:03 PM

Post #86

KONAQ changed to KONA. BK case dismissed.

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

CWatt250

05/27/21 3:44 PM

Post #85

Re: #84: @DDHOUND - The Grill is no longer part of the

Gotcha. Thanks for the info!

DDHOUND

05/27/21 3:38 PM

Post #84

Re: #83: @CWatt250 - Ya I don’t have that. But Kona Grill

The Grill is no longer part of the Shell. This is an empty shell with low float that will be interesting to see what they bring into it. The empty clean shell with this outstanding should be trading between $1-$2.

CWatt250

05/27/21 3:29 PM

Post #83

Re: #82: @DDHOUND - Its not about me being right its on

Ya I don’t have that. But Kona Grill does have a Twitter and is very active. They don’t look bankrupt to me. This can run 10 fold of any news hits.

DDHOUND

05/27/21 3:22 PM

Post #82

Re: #81: @CWatt250 - I hope your right. I’m in at .10

Its not about me being right its on the finra daily list.

CWatt250

05/27/21 2:56 PM

Post #81

Re: #80: @DDHOUND - Yes. Think people do not know this so

I hope your right. I’m in at .10

DDHOUND

05/27/21 2:45 PM

Post #80

Re: #79: @deafcone - Do commons survive?

Yes. Think people do not know this so I am waiting to buy dip before close. Hope it goes real low. Looks like it will be a clean low float shell. Will open tomorrow as KONA!

deafcone

05/27/21 2:27 PM

Post #79

Re: #78: @ANTI-BAGHOLDER - KONAQ out of bankruptcy with a 15 million

Do commons survive?

ANTI-BAGHOLDER PremiumMember

05/27/21 1:16 PM

Post #78

Re: #77: @MichaelKane - Yes according to Finra website: https://otce.finra.org/otce/dailyList

KONAQ out of bankruptcy with a 15 million AS, and they are still in business.

https://www.konagrill.com/

MichaelKane Free

05/27/21 1:02 PM

Post #77

Re: #76: @ANTI-BAGHOLDER - Bankruptcy dismissed?

Yes according to Finra website: https://otce.finra.org/otce/dailyList

ANTI-BAGHOLDER PremiumMember

05/27/21 1:01 PM

Post #76

Re: #75: @alexbh2285 - KONAQ will no longer exist - the ONE

Bankruptcy dismissed?

alexbh2285 Free

10/22/19 12:46 PM

Post #75

Re: #74: @Millermanagement - Look at what is brewing over at KONAQ...

KONAQ will no longer exist - the ONE group bought certain ASSETS of the company out of bankruptcy. I assume you are recommending STKS (One Group Hospitality - the buyer) and not KONAQ (a bankrupt shell with more debt than asset value).

From their latest (10/15/19) filing (8-K)

As a result of the Asset Sale, the Debtors have sold substantially all of their assets. Accordingly, the Debtors have ceased ordinary business operations. After ceasing business operations, the Debtors expect to engage only in the liquidation of their remaining assets, and the winding up of their affairs, and, where feasible, dissolution under applicable state law.

No portion of the proceeds of the Asset Sale will be distributed to holders of its common Stock. Instead, all such proceeds are expected to be applied in their entirety to the costs associated with administering the Chapter 11 Cases and reducing the amount outstanding of the Company's senior secured indebtedness under the Second Amended and Restated Credit Agreement dated March 9, 2018, as amended, among the Company, the lenders from time to time party thereto, and KeyBank National Association, as administrative agent, which was rolled into the Company's financing facility (the "DIP Financing Facility") that was approved by the Bankruptcy Court.

Furthermore, the Company does not expect to be able to distribute to holders of its common stock portion of the proceeds of the liquidation of any of its remaining assets, which are insufficient in value to permit any such distribution to stockholders after first being applied toward the reduction of the Company's DIP Financing Facility and administrative expenses of the Chapter 11 Cases.

Having ceased ordinary business operations without assets likely to be sufficient in value to make any distribution to holders of the Company's shares of common stock, the Company advises its stockholder that the trading prices, if any, for such shares may bear little or no relationship to any future distributions and that such shares may not have any value. Trading in shares of the Company's common stock poses high risks and the Company urges extreme caution with respect to existing and future investments in its common stock.

Millermanagement Free

10/22/19 12:34 PM

Post #74

Look at what is brewing over at KONAQ... it is a great price and STK steakhouse just bought them and will be keeping all the Kona locations open. The owner of STK bought company out of Bankruptcy for 25million in CASH. Do you think the owner was looking for a platform to go public with his steakhouses to?? Also imagine a KONA Sushi venue set up like the STK steakhouse concept!!! WOW.. THIS could blow up!! I have eaten at 2 of STK Steakhouse locations and they are FANTASTIC. If the owner does the same to these Sushi locations WOW!

Go to stksteakhouse.com

I am a lifer on this one. Just bought 14k shares and will keep buying.

FROGGER

05/18/19 3:03 PM

Post #73

Re: #72: @420man - I did. They are $73M in debt and

Yes Konaq has major debts to pay but Christi Hing who brought the company success is back to turn things around. By closing all the non profitable restaurants and bringing back happy hour (and a great one at that) and taking additional measures I can personally attest that there restaurants are fantastic. Kona grill already has a 20 million offer and more will come in if a sale of the company is required. I believe that they will stand by there shareholders because there stockholders tend to be costumers as well (which speaks to there level of quality and service).

420man

05/03/19 7:01 AM

Post #72

Re: #71: @stocksplit123 - Who said likely bankruptcies can go on for years

I did. They are $73M in debt and the remaining restaurants are not profitable. Who's going to buy a restaurant chain that's going bankrupt after pouring millions into it to keep it alive but still failed? They will liquidate the best they can to pay senior debtors, and thus there will be nothing left for commons. JMO

stocksplit123 Free

05/03/19 1:32 AM

Post #71

Re: #70: @420man - Commons will likely be canceled pretty quick here.. SAD!

Who said likely bankruptcies can go on for years

420man

05/02/19 1:03 PM

Post #70

Commons will likely be canceled pretty quick here.. SAD!

420man

05/01/19 6:53 PM

Post #69

Man..I knew they were gonna bounce this before BK...just didn't anticipate it being the day before. Glad I sold!!

Renee

05/01/19 6:22 PM

Post #68

KONA changed to KONAQ, bankruptcy:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

willlbone

05/01/19 3:11 PM

Post #67

Chap 11 today. Sell

First Crown Research Free

05/01/19 1:40 AM

Post #66

Hello $KONAQ

420man

04/30/19 6:54 PM

Post #65

Sold @ .17 from .115 for 48% gain.

420man

04/26/19 9:56 AM

Post #64

Adding

420man

04/25/19 8:56 PM

Post #63

Anticipating a nice bounce here... will be watching. JMO

Renee

04/24/19 6:35 PM

Post #62

KONA delisted from the Nasdaq to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

Juschilln

04/24/19 5:52 PM

Post #61

Re: #60: @willlbone - Quick drop from 24 to 13 cents from

What's the deal??

willlbone

04/24/19 3:03 PM

Post #60

Quick drop from 24 to 13 cents from 2:30 to 3:00pm.

willlbone

04/18/19 3:30 PM

Post #59

Never ending slide.

yesterdaysnews74 Free

12/20/17 1:44 PM

Post #58

Re: #53: @bullandbearwinner - The news is great .However i would like

Almost back to $1.60 where CEO bought 60k earlier this year making dilution a possibility and my new mark of $1.20

yesterdaysnews74 Free

12/14/17 11:38 PM

Post #57

Re: #56: @yesterdaysnews74 - Could be very bad today, eod could result

Just the beginning, might get interested around $1

yesterdaysnews74 Free

12/14/17 8:24 AM

Post #56

Re: #55: @Lone Wolf - Berrrryyy interesting....

Could be very bad today, eod could result in 52 week low

Lone Wolf

09/13/17 3:04 PM

Post #55

Berrrryyy interesting....

TooFrank

06/13/17 12:00 PM

Post #54

Looking for a bottom

bullandbearwinner Free

04/25/17 4:22 PM

Post #53

Re: #49: @starbuxsux - Kona Grill Announces Proposed Public Offering of Common Stock

The news is great .However i would like to know the use of their money proceeds

starbuxsux Free

10/29/14 11:22 AM

Post #52

Re: #51: @starbuxsux - Weeeeeeeeeeeee! Trailing stop limit locked in :-)

Thank you KONA!!

starbuxsux Free

10/28/14 2:02 PM

Post #51

Re: #50: @starbuxsux - In for earnings flip...Up huge today on the

Weeeeeeeeeeeee! Trailing stop limit locked in smile

starbuxsux Free

10/28/14 12:13 PM

Post #50

Re: #49: @starbuxsux - Kona Grill Announces Proposed Public Offering of Common Stock

In for earnings flip...Up huge today on the "wings" of BWLD report...IMO

Restaurants doing well for me smile

starbuxsux Free

06/17/14 12:21 AM

Post #49

Kona Grill Announces Proposed Public Offering of Common Stock

4:18 PM ET 6/16/14 | Marketwire

Kona Grill, Inc. (NASDAQ: KONA), an American grill and sushi bar, today announced that it is offering to sell 2,000,000 shares of its common stock in an underwritten public offering. In addition, selling stockholders are offering to sell an additional 300,000 shares in the offering. The Company also expects to grant the underwriters a 30-day option to purchase up to an additional 345,000 shares of common stock in the offering.

The Company intends to use the net proceeds from its sale of shares in the public offering for new unit expansion, remodel and maintenance capital expenditures and for working capital and other general corporate purposes.

KeyBanc Capital Markets and Raymond James are serving as joint book-running managers. Feltl & Company, Janney Montgomery Scott, Lake Street Capital Markets and Wunderlich Securities are serving as co-managers.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. A copy of the preliminary prospectus relating to this offering may be obtained by contacting KeyBanc Capital Markets, Attention: Equity Syndicate, 127 Public Square, 4th Floor, Cleveland, Ohio 44114 or by telephone at (800) 859-1783; or Raymond James, Attention: Equity Syndicate, 880 Carillon Parkway, St. Petersburg, Florida 33716, by email to prospectus@raymondjames.com or by telephone at (800) 248-8863.

This press release shall not constitute an offer to sell or the solicitation of an offer to purchase, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Kona Grill Kona Grill (NASDAQ: KONA) features American favorites with an international influence and award-winning sushi in a casually elegant atmosphere. Kona Grill owns and operates 26 restaurants, guided by a passion for quality food and personal service. Restaurants are currently located in 17 states: Arizona (Chandler, Gilbert, Phoenix, Scottsdale); Colorado (Denver); Connecticut (Stamford); Florida (Tampa); Idaho (Boise); Illinois (Lincolnshire, Oak Brook); Indiana (Carmel); Louisiana (Baton Rouge); Maryland (Baltimore); Michigan (Troy); Minnesota (Eden Prairie); Missouri (Kansas City); Nebraska (Omaha); New Jersey (Woodbridge); Nevada (Las Vegas); Texas (Austin, Dallas, Fort Worth, Houston, San Antonio, The Woodlands); Virginia (Richmond). For more information, visit www.konagrill.com.

Forward-Looking Statements Except for the historical information contained in this news release, the matters addressed are forward-looking statements. Forward-looking statements, written, oral or otherwise made, represent the Company's expectation or belief concerning future events. Without limiting the foregoing, these statements are often identified by the words "may", "might", "believes", "thinks", "anticipates", "plans", "expects", "intends" or similar expressions. In addition, expressions of the Company's strategies, intentions or plans, are also forward-looking statements. Such statements reflect management's current views with respect to future events and are subject to risks and uncertainties, both known and unknown. You are cautioned not to place undue reliance on these forward-looking statements as there are important factors that could cause actual results to differ materially from those in forward-looking statements, many of which are beyond the Company's control. Investors are referred to the full discussion of risks and uncertainties as included in the Company's filings with the Securities and Exchange Commission.

Investor Relations Contact:
Liolios Group, Inc.
Cody Slach
Tel 1-949-574-3860
Email Contact

SOURCE: Kona Grill, Inc.

MouseStomper Free

06/18/13 3:05 PM

Post #48

Is anyone still watching KONA?

LOL

10/19/12 6:33 PM

Post #47

Re: #46: @Superfly15 - This is up 50% since the beginning of

Yes, good call. Looks like their earnings caught up to their price, now it's a 19 P/E instead of 68.

Superfly15 Free

10/19/12 6:26 PM

Post #46

This is up 50% since the beginning of the year, and over 70% since I began mod'ing the board.

Hopefully growth has continued this quarter.

PRESS RELEASE
Oct. 15, 2012, 8:30 a.m. EDT
Kona Grill Sets Third Quarter 2012 Earnings Call for Monday, November 5, 2012 at 5:00 p.m. ET

SCOTTSDALE, AZ, Oct 15, 2012 (MARKETWIRE via COMTEX) -- Kona Grill, Inc. KONA -2.17% , an American grill and sushi bar, will hold a conference call on Monday, November 5, 2012 at 5:00 p.m. Eastern time to discuss its results for the third quarter ended September 30, 2012. The company will issue its financial results in a press release prior to the call.

Kona Grill's President and CEO Berke Bakay and CFO Christi Hing will host the call, followed by a question and answer session.

Date: Monday, November 5, 2012 Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time) Toll-free dial-in number: 1-877-941-2068

Toll/International: 1-480-629-9712 Conference ID#: 4568022

Superfly15 Free

07/16/12 7:36 PM

Post #45

Kona Grill Sets Second Quarter 2012 Earnings Call for Monday, July 30, 2012 at 5:00 p.m. ET
Date : 07/16/2012 @ 10:30AM

Kona Grill, Inc. (NASDAQ: KONA), an American grill and sushi bar, will hold a conference call on Monday, July 30, 2012 at 5:00 p.m. Eastern time to discuss its results for the second quarter ended June 30, 2012. The company will issue its financial results in a press release prior to the call.
Kona Grill's President and CEO Berke Bakay and CFO Christi Hing will host the call, followed by a question and answer session.

Date: Monday, July 30, 2012

Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)

Toll-free dial-in number: 1-888-846-5003

Toll/International: 1-480-629-9856

Conference ID#: 4552874

The conference call will be broadcast simultaneously and available for replay via the Investor Relations section of the company's website at www.konagrill.com.

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Liolios Group at 1-949-574-3860.

A replay of the call will be available after 8:00 p.m. Eastern time on the same day until Thursday, August 30, 2012.

LOL

04/30/12 10:53 PM

Post #44

Re: #43: @Superfly15 - This "junk" appears to be growing into its

Your quotes would indicate I called this junk, yet I don't see that in any of my posts??? Yes, it looks like the turn around of the century, not sure how they went from 10-20c yearly to about 50c. Let's see if they can keep it up a whole year or if this was just an anomoly. I haven't read the financials so I don't know if any one time occurances happened to make it change so drastically. Assuming all is well, it deserves a P/E of 20, $10 per share!

IMO

Superfly15 Free

04/30/12 10:36 PM

Post #43

Re: #42: @LOL - Almost at a 20 P/E, then it will

This "junk" appears to be growing into its P/E just fine.

Kona Grill Reports First Quarter 2012 Financial Results
Today : Monday 30 April 2012

Kona Grill, Inc. (NASDAQ: KONA), an American grill and sushi bar, reported results for its first quarter ended March 31, 2012.
First Quarter 2012 Highlights vs. Year-Ago Quarter:

Restaurant sales increased 8.6% to $24.2 million;
Same-store sales increased 8.7%;

Restaurant operating profit margin increased 480 basis points to 19.9%; and

Net income of $1.2 million or $0.13 per share, compared to a net loss of $92,000 or $(0.01) per share.

"The momentum we gained last year rolled into the first quarter of 2012," said Berke Bakay, president and CEO of Kona Grill. "The 8.7% same-store sales growth during the quarter represents our sixth consecutive quarter of positive same-store sales. More importantly, we were able to leverage these sales to drive a 19.9% operating margin, which we believe is in the top tier of our peer group."

First Quarter 2012 Financial Results

Restaurant sales in the first quarter of 2012 increased 8.6% to $24.2 million, compared to $22.2 million in the first quarter of 2011. The sales improvement reflects an 8.7% increase in same-store sales, driven by 6.4% growth in guest traffic and higher average guest check. The 8.7% increase in same-store sales compares to a 7.8% increase in the fourth quarter of 2011 and a 7.6% increase in the first quarter a year ago.

Net income in the first quarter of 2012 was $1.2 million or $0.13 per share, compared to a net loss of $92,000 or $(0.01) per share in the year-ago quarter.

Financial Guidance

For the second quarter of 2012, the company expects restaurant sales of $24.7 million compared to $24.5 million for the second quarter of 2011. The company also expects net income of $1.25 million, or $0.14 per share, compared to net income of $0.8 million, or $0.08 per share for the second quarter of 2011.

LOL

04/04/12 2:41 PM

Post #42

Almost at a 20 P/E, then it will be a buy! I like what I see, though not much of a following here, maybe I missed something.

LOL

04/04/12 2:40 PM

Post #41

Re: #40: @Superfly15 - Obviously he got into the job, saw that

It's just never good when that happens. Sorry, I've been away from the board. Still way overvalued for this segement, $3-4 max.

Superfly15 Free

04/04/12 2:37 PM

Post #40

Re: #39: @LOL - Obviously he got into the job, saw that

Obviously he got into the job, saw that something wasn't right, and wanted to get his name and rep out of there.IMO

Curiously enough, the CEO announced he was leaving in January for personal reasons, and it is April now. So I am missing why the "CEO is leaving!" comment is relevant.

LOL

04/04/12 2:33 PM

Post #39

Re: #38: @Superfly15 - Why is it bad news?

Obviously he got into the job, saw that something wasn't right, and wanted to get his name and rep out of there.IMO

Older

Kona Grill Inc fka KONA

Followers	6	Posters	29
Posts (Today)	0	Posts (Total)	88
Created	03/30/08	Type	Free
Moderators

Kona Grill, Inc. (Kona Grill) owns and operates 24 upscale casual dining restaurants in 15 states, in the United States. The Company's restaurants feature a selection of mainstream American dishes, as well as a variety of appetizers and entrees with an international influence, including a selection of sushi. The menu items also incorporate over 40 signature sauces and dressings that Kona Grill makes from scratch. The menu offerings are complemented by a full service bar offering an assortment of wines, specialty drinks and beers. The Company's menu is mostly standardized for all of its restaurants.

Company Website :: http://konagrill.com/

Financial Information :: http://phx.corporate-ir.net/phoenix.zhtml?c=191864&p=irol-sec

Press Releases :: http://phx.corporate-ir.net/phoenix.zhtml?c=191864&p=irol-news&nyo=0

Annual Meeting Information :: http://phx.corporate-ir.net/phoenix.zhtml?c=191864&p=proxy

Investor FAQ :: http://phx.corporate-ir.net/phoenix.zhtml?c=191864&p=irol-faq

Kona Grill shares jump on upbeat outlook

Tue Sep 20, 2011 11:57am EDT

(Reuters) - Kona Grill's (KONA.O) shares rose as much as 35 percent on Tuesday, a day after the American grill and sushi bar raised its outlook for the third quarter as promotions and an improved menu help it gain market share.

Kona -- which owns 24 restaurants after closing its underperforming West Palm Beach outlet last month -- is outperforming other casual diners and its strong sales growth will continue into the fourth quarter, Feltl and Co analyst Mark Smith said.

Smith raised his rating on Kona's stock to "strong buy" from "buy," citing strong current results and his outlook for growth through 2012.

"We are encouraged by the raised guidance and think Kona restaurants are seeing improved results after the emphasis on store level margins, restaurant remodels and recent price increases," Smith said in a note.

The restaurant chain, known for its sushi, has been adding items to its menu, like a selection targeting health-conscious people and has spent on marketing to boost sales.

"We believe customers are discovering the recent improvements to the menu," B. Riley analyst Conrad Lyon said in a note and kept his "buy" rating on the stock.

The company has also re-shuffled its top management this year by hiring restaurant industry veteran Michael Nahkunst as its interim CEO and promoting Larry Ryback to the position of chief operating officer.

On Monday, Kona forecast third-quarter revenue of $24.1-$24.2 million up from its prior forecast of $22.7-$23.7 million.

Analyst Smith also pointed to a recent pull-back in the company's share price as a reason for raising his rating on the stock.

The company's shares have lost almost a third of their value over the past month, excluding their gains on Tuesday. They were trading up $1.31 at $6.57, after touching a high o$7.10.

http://www.reuters.com/article/2011/09/20/us-konagrill-idUSTRE78J45120110920?feedType=RSS&feedName=globalMarketsNews&rpc=43

Most recent 10K (August 1, 2011) : http://biz.yahoo.com/e/110801/kona10-q.html (Sales growth doubled year over year)

Mutual Fund Ownership : http://moneycentral.msn.com/ownership?symbol=KONA&Holding=Mutual+Fund+Ownership
Insider Ownership : http://www.secform4.com/insider-trading/1265572.htm
http://moneycentral.msn.com/ownership?symbol=KONA&Holding=5%25+Ownership

Institutional Ownership : http://moneycentral.msn.com/ownership?symbol=KONA&Holding=Institutional+Ownership

Per last 10K August 1, 2011 ::

Authorized Shares (A/S) :: 15,000,000
Outstanding Shares :: 9,217,296

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Kona Grill Inc fka KONA

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Kona Grill Inc fka KONA

Kona Grill shares jump on upbeat outlook

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