You do realize you replied to a post I made in May. Not sure if it was resent inadvertently, but no secrets about what the situation is now with management not having enough courage to provide any updates.

Seems like a better fit as compared to WalMart. I also think Whole Foods would be a better play personally, but that's a different covnersation.

The 10Q should be interesting...

Quarterly due tomorrow and one would have to think there should be commentary about the CEO's new role with CAFI, not to mention a quick note about July numbers and tracking to overall revenue for the year.

GLTA

It will be interesting to see how WalMart allocates for any Ooh La Lemin products going into any fall store resets. The store I am close to here in MN (1861) only had the non-carbonated drinks and rarely if ever had all four flavors on the shelf at one time. They also only had the product in stock for about 6 weeks.

WalMart just doesn't feel like the right fit, whereas Target or Whole Foods seems to align better with the product. Product placement is also key, so we'll see what the last 12 months results in.

Two weeks to the quarterly, so at least something will be coming out...

GLTA

I wouldn't be so sure they don't make EOY forecast, which is $6.8-7M, not 8. I'll spare everyone the math, but they need 20% Q over Q growth to get there. Gold Leaf was growing faster than the drink numbers, so I expect that to change these next two quarters and I think we'll see something in the 1.7M area for Q2. If we get more than that, I'd say the $8M stretch goal is in reach.

Seems that a mid year update after the 4th would be in order to cover the status of the rebrand and what first half numbers look like. Short of being pro-active on that, Aug 15th for Q2 numbers...

Enjoy the last parts of June and long weekend for the 4th!

Seems a bit odd that they haven't offered up any unofficial end of month number for April and May as they were pretty consistent at the start of the year. Not sure it's worth reading much into or not, but without that we're pretty much limited to quarterlies.

Time will tell...

Not sure there is anyone they have to report to outside of the SEC or OTC. Typically, if you get to the Expert Markets/Grey Sheets, they aren't reporting anything...

They are filing under the rules of the OTC and have actually been meeting their requirements for the last three years on the OTC. You may consider this to be a "scam" since it is not the SEC that they are reporting to, but their reports have been made nonetheless.

Not disputing your data and the store here may be an anomaly, but there was an ovenight restock and there were no cans of strawberry in the set. I guess it depends on how many cases they are getting at the distribution point and how quickly they get through them. This particular store only had strawberry once in the last couple of months in me checking the shelf...

I checked my local WalMart in the Twin Cities and the shelf was fully restocked, no strawberry, but the rest of the non-carbonated lemonades. the product is moving and the restock was encouraging. It's not a big display by any means, so a little promotion could go a long way.

Your inventory info will be interesting as I am surprised at the lack of strawberry being available. Hopefully, the company can keep up and get the Hemp drinks out in the market this summer.

A little Friday pop just for grins? Maybe we'll finally start to see some news about summer plans next week?

Probably not holding any breath for over the weekend...

GLTA

Let's just say that there is a good opportunity to clear up the path forward in the next 2-3 weeks and we'll see if RC takes advantage of that. Memorial Day is the official start of summer in many locales and he has to report Q1 by 5/22 (if they file late), so May is a key month for the company to set the direction for the rest of the fiscal year. If you don't see anything in that timeframe, it's your call on what you want to do about it...

GLTA

Q1 Earnings report is only two weeks out, so I would expect to see an update on KG Energy drinks by then, along with an April sales number. There is ample opportunity to build momentum as we head into summer...

That $1.25 per can price point is pretty intriguing and hoping they still have reasonable margin as they seed the market. We'll see what the warmer weather brings...

GLTA

I think the name is fine and it could be OohLaLemin rather than having spaces to preserve the identity. I think packaging options that fit a pricing strategy might be worth some consideration. Since they use 16 oz cans for the non-sparkling, 4 packs are an intriguing idea, especially for maintaining a cost/can strategy...

I'm not a marketing guy though, so I'll leave that to others.

They added Strawberry to one of the WalMart's here in the Twin Cities and I concur with that flavor tasting a bit better. The shelf space at this particular store is modest, but it is being restocked... Warmer weather can only help...

It is interesting that the pricing strategy at WalMart is lower than the 12 pack cost buying online and we'll see if that changes over time. $1.80 for a 16 oz.can is a decent deal, especially with the low sugar/calorie angle. Changes in packaging might be worth considering...

The one thing that stands out from the 10K for me is the focus that is still being placed on the KONA portion of their business. Despite the very obvious plan for lemonade, much of the business conversation is still geared toward the Energy drinks. I would have to think there will be more revealed between now and May 15 when Q1 results will be formally published and the drink season is officially "on".

As far as the debt calcs go, you may want to take a closer look at what they are projecting for revs this year (8M) and what a blowout year might produce (20M ~4-5 times 2022 revs). That debt elimination is a 3-5 year program barring a blockbuster deal/endorsement...

The next quarter should reveal some things, good or bad, enjoy the show.

Annual Report will cover Q4 earnings and they should report by 3/31. Anything ahead of that is voluntary...

10% month over month => 200% growth for the year.

The big jumps are nice but sustainable, maintained growth would be nice to see for the next few years...

20% month over month is pretty aggressive. I'd be pretty happy with seeing 10% over the next few months.

GLTA

So do you think it will be February Rev news, or another distributor announcement? Tues March 8th last year for Feb revenue announcements, so we'll see if they are on pace...

Stopped in to a Twin Cities (MN) WalMart today and they had single cans on the shelf in the specialty drinks aisle near Energy Drinks. Pretty modest set that had original, peach and blueberry of the non-sparkling. Interesting that they are priced less per can when buying singles than the 12-pack, but should help them move better in convenience stores if that continues to be the practice.

The other point worth noting on the cans is that they are printed with Manufactured for: Ooh La Lemin in Milwaukee, WI Distributed by: KonaGold Beverage Melbourne, FL. We still need to find out who's actually making the product and putting it in the can... I'm fairly sure the distributor in the midwest had previous ties to Ooh La Lemin, but don't recall for sure. Getting the product into 7-11, Kwik Trip, Holiday, Speedway in the WI, MN, IA markets would be a big step in the right direction.

It would be cool to see them with the 12 packs on the shelf somewhere and maybe someone can confirm that.

Have a great weekend!

ALKM's angle in all of this is around the Hemp side of KG's business, so we may see something coming when the new cans are produced and more attention comes back to that side of the business. ALKM is bottling, not canning, so that may be the other factor.

Not sure that KG would spin off the energy drinks, but you never know. Aligning with a larger partner could be a possibility, but I find it more likely they will be funding material purchases to to insure they can supply the distributor expansion.

Should make for a lot of speculation until they do share something. I know S&E is small, but think they may be more of a factor than we know...

No argument on the cost to make the product, just a matter of owning the assets and having the labor directly on payroll. I'm fairly sure they don't own any production lines and probably won't barring another partner coming into the mix. The supply side is being addressed with the additional shares being authorized. They need solid relationships with the contract bottlers/canners and that's why it would be good to find out who they are using. Ideally, they should have more than one, or at least one with a couple of locations across the US.

We'll see what the company has to say over the next 60 days as they get through Q1 and the associated reporting/updates.

Musk has too much on his plate already and he knows little about retail. We have enough challenges already :)

Their distribution arm (Gold Leaf) is doing fine and if they can maintain their growth rate, that portion of their business is on a good path. I don't think it's as dependent on bevs at this point, which is probably good. I don't think they ever had their own bottling capabilty, that's been outsourced completely and they did not gain any when they bought OLL. I'm not sure they will share, or if anyone on this board knows who is doing their bottling/canning for them. We know who takes care of HighDrate, but that's a very small portion of what they're doing. There was a lot of discussion about A-B relationships, but not sure how much of that is still in play or ever panned out.

They will be bought out by someone long before they need to worry about anything like Coke's structure...

I would agree as that's a substantial capital hit and as long as the bottlers keep up and maintain quality, no need to deviate. The interesting aspect would be in knowing which regional companies they were contracting through and what relationships could be leveraged accordingly.

Do they really have their own manufacturing facility? I have asked on this site many times if anyone knows who handles their production. To your point, they need to be getting more time somewhere to keep up and may need to consider their own facility at some point, or finding another regional contract manufacturer.

So the rest of TX is still out there to get - I would expect to hear about that before the end of Q1. I'll have to go check on AZ and the balance of the South for coverage, but I believe they said they wanted to have full coverage of the US with DSD type distribution companies in 2-3 years. I think we'll see at least a couple of distributors added each quarter for the balance of the year. Enjoy the ride...

First week of April should tell us a fair amount. Annual Report should be out by then and they will likely make a revs comment about Q1. If they can keep pace at $500K revs/month in Q1, their chances of exceeding $6M for the year should be pretty good. If they can maintain 5% growth month over month for the balance of the year, they have a real good shot $8M for the year. Gold Leaf has been maintaining that pace for most of 2022, so if they can get the bevs side matching that, KG should be fine. I would expect the first half of the year to be better than expected as the WM placements and new distros play out. The latter half will be indicative of how well OLL is taking hold with customers. The dark horse is the hemp drinks and if there is any uptick with the new cans and marketing to support it.

I like their chances, but it's all about execution now.

I'm more focused on who does the cans for the Lemonade and KG Hemp products. ALKM did not broker the connection to Strategy CPG...

Hope the steak was tasty :)

Does anyone know who KG contracts with for bottling/canning? That may be the way to find the connection to Strategy & Execution.

The Linkedin tidbits for that company tie into Black Rifle and Niagara Bottling...

Interesting backgrounds from the two featured on the website - Pepsi, Red Bull and associated distribution backgrounds for Snacks and Beverage. Need to see what comes out as they head into the new year. Interesting post on Linkedin about beverage launch in 2023... Do your own stalking to see where there might be additional links on why they chose StrategyCPG

Depends on who Saccani services. Their core customers may not be first in line for Kona Gold. Short of that, no reason, but likely more possibilities to fulfill some of the activity for Ooh La Lemin...

I was hoping for that in the 10Q, but may need more of an update around the distros when they are formally announced.

I stand corrected and forgot they had submitted. Waiting on their supplier's update next Monday...

Saccani looks interesting, the other two may be diamonds in the rough...

Hopefully some more insight come next Monday with an updated 10Q.

A lot of pressure on the next 4 months, especially if they don't are a splash with Kona re-launch. They really need to double the output of sales outside Gold Leaf as they are consistently increasing that part of their business 5-10% every month. They need to get the next batch of distributors mobilized by end of July to have impact.

A lot of things have to go right to hit $8M and getting to $3M revs by 6/30 is a key indicator. A lot of work to do and we'll see what communications looks like after Q2 end heading into the 10Q in August.

Seems like April might have been a miss on numbers as they have not said anything yet in a release or in any reports about those figures. May info is good and they are tracking at about 5-10% month over month growth through Gold Leaf. I'd have to think the Kona direct number for lemonade should be past $200K for June, that will give them a good chance at $550-600K for the month. Time will tell and we'll see if there is any follow up yet this week on the Energy drink relaunch, or it that waits until Q3 (after July 4).

GLTA

where did you see that trade? I also don't see any filings that posted end of day on OTCMarkets...