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? If RC provides all sales channels and experience to other co it does NOTHING for KG!
it is another co!
Of course it was a release for other co, but as the controlling holder and CEO of KG, and as part of fiduciary responsibilty, he needs to share to KG investors how spending whatever time away from his KG ceo responsibilities accrues to investors.
But RC did not address the divided interest concern in his release. Nor any benefit to KG.
Merge? This other co has nothing yet. They are filing for name change, symbol change, share restructure. They have to first develop brand, market, ops, web etc. A couple of years?
It is nor as if, at '002, KG is a success with nothing left to do! Or as if there is fepth at mgt. Look at KG board, or other noteable HR. Thin.
RC owes KG shareholers an explanation.
i glanced at that. I think also their AS is almost maxed out as well.
not sure what the excitement is.
From a KG point of view, the ceo is now diluted between 2 entities.
There is no rev coming to KG, just to RC.
There is no rev in this new co either. It is a start up.
Per release "We have a lot of work to do in developing the Company's websites, product production, marketing, and launching some fantastic products. I am excited for what lays ahead for the Company and to be working with some great brand ambassadors.".
All that 'work' is for the OTHER co. While KG still needs marketing, social media and promotion work.
Clearly the 'market' didnt get excited. Even on a day when you could throw a dart and get upside.
So i guess you can congratulate RC, but doesnt do anything for current KG holders.
So as i understand you suggest only positive commentary is valid?
To be clear, i am not short, or a 'basher'. I fully disclose my interest, which to repeat, is to keep an eye until the co transitions to a new co, share structure, rs or whatever to arrive at state where the co values retail investors.
I did hold mils of shares during the epic run. Did well.
Right now that is not the case. I do not seek 'pump' news or releases every other week. But when they DO release that it address obvious imvestors interests.
The dilution, and lowering default threshold are clearly NOT positive. You may remember the early days when RC did address shareholders directly. i have scores of emails from him on a wide range of shareholder issues. Now just random and inconsistent. Not even an accompanying Mgt letter when Q's come out.
The current margins per can are tiny after accounting for distributor costs, salaries, operations etc. My point is i have yet to see the presentation that drops numbers into a forward looking view leading to profits of scale.
Normally a co DOES some kind of outline that paints such a picture. In fact in the first year they did that.
But Just releasing ad hoc opening in a new state, w/o context, $ , review of other developments is not helpful.
Absent this, it is guesswork and blind. As i see it, even at 8 mm revs the co will
still need to dilute to stay afloat.
And that suggests hard to sustain higher share prices.
sad to say there is NO factual case presented by co for sustainable share price appreciation.
They have their own plans for shares for themselves. There may be a time when they RS, sell, merge and at that time they certainly will promote shares as it is in their interest.
All those who now hope for a secret release of lasting news directed at shareholders are just 'hoping'. That is not investment or even speculation.
The 'early days' of sustainsd share price back at .14, or even .03 will not, cannot, return with 10 bil authorized hanging over any advance.
Fortune CAN favor the bold, but this case is more a fool and his money are often parted.
Of course all who 'believe' have their right to do so. But there has not been a single case using numbers, visibility, marketing, independent review, independant fin interest to support the co.
i dont doubt a pump to .015 or so...but only to drag more $ our of investors.
Disclosure , i have a tiny position and follow only for the NEXT step after transformation.
20% doesnt keep up with dilution.
I thought they said 8mm, if less even worse when factoring in share growth.
all controlled by RC in other series shares
$1.6?
They forecast eoy at $8mm.
Unless they do much better...$2.5-3mm they will likely not make forecast.
This qtr should reflect a significant % of the Walmart roll out.
At rate of dilution they need to exceed eoy to grow revs to share %.
Yes could be 'record' but still track below eoy and dilution.
no... the same posting intiatives and not following up has gone on for years.
rebrand was to be completed in Jan... and allow for social media campaign.
Repeated rebrand plans, yr aftee yr... and still crickets
exactly... the math, with the share debt, the need to continue funding production operations... makes it very hard to forecast a meaningful positive share case.
Especially as there is minimal 'brand' premium development...
but who really cares. Any PR is an opportunity to promote.
Could use more detail and more.
What is anticipated $? Update Walmarts?
Update if on pace EOY$?
And why this one?
Like marketing, social media IR is random.
no budget for marketing?!
a college intern to manage a consistent social media campaign targeted to new distro areas?
monster , red bull, liquid death... all were marketing hand in hand from get go...essential
i dont see them trying to sell to another major. That assumes the BRAND is established. Not just selling in walmarts.
The co is not doing anything to promote itself and generate value.
All the deals and debt are at sub penny. If the shares were .03 then much less of the co would be dealt away.
They could easily and cheaply promote the co... awareness equals value to possible customers as well aa shareholders.
Dilution at these levels has been the worst for holders and co
unless the 'aquirers' , debtors, are part of the plan.
Sure there is a way to retain product line up.
no, actually i see a different scenario.
i see them bleeding all the current value out of this vehicle, rolling this into another entity that they control.
They are not promoting this, or doing anything to enhance share value, the cheaper it is the better for them.
this co is a rounding error for most scale venture deals, but on a small scale, a read of the layers of indecipherable debt, share deals, and insider awards show retail is not the focus.
what do you base that projection on?
pumping? How about promoting the product?
a joke... a random tweet, no formal news or updates, not even with Q's.
yes, your diligence and research shows real expansion.
But if not for that, given information and news by company we would know '0'.
Website, investor presentation, ad/ marketing, social media.... '0'
Most of these cost very little.
What IS the message? They REALLY dont care about retail investors, and this indicates to me that there will be a RS, or planned sell. I dont think this is a sell to outside major or they WOULD be promo and pumping... rather they will reatructure into new entity, or shell.
how exactly are they trying to improve their story?
what the review also showed is that there are alot of quality funded competitors.
There is no good reason to not have an effective marketing plan VISIBLE somewhere. Coupled with no shareholder communication re share value it suggests retail investors are NOT part of their plan.
Silence is ok w biotech, or serious proprietary tech etc.... not with soda and beverages where marketing and customer is king.
try to bing/google
sparkling fruit drinks... and a huge range of drinks come up.
Kill Cliff
Izze
Mash
Spindrift
San Pellegrino
La Croix
Aha
Ice
Bubbl'r
Kimono Mikan
Fizzique
and more... not one general search pulled up / included Ooh Lah.
Spindrift came up often w high marks.
This remains an issue... to not invest in keyword , basic digital marketing speaks volumes. It is NOT expensive.
so why does mgt never lay this out for shareholders?
RC used to, now not even a ceo letter on q's. Likely on advice from council.
Yes, they (the co) are not 'selling' shares as part of the filing, as these shares already are part of accounted issued. However the buyer likely can. There is no mention of restrictions on these hundreds of mils shares ( that i can see).
not necessarily for a loss.
my thought is more restricted now available, dilution in the active market.
yes, the minimal report has been in effect, but re-stated enforces the company chooses not to update or represent retail common holders.
what it looks like is a lot more shares will be coming to market.
Further the conpany notes in bold it is electing to comply with reduced reporting requirements.
actually volume is not bad at around 6.3mm 30 min into day.
Support at .0024 with 3 mm on bid, but also continued selling with 1.4 mm on ask.
This is continued insider and co sells with dilution for all others.
so far large blocks selling at .0025
its just math.
debt. obligations. margins. costs.
i dont doubt a possible run to .02, but the share structure ( and transparency) has to change to be meaningful for investors.
It is clear ( to me) that mgt is squeezing all it can from current shares to fund operations.
At some point an RS, fold into a new shell, or something like will happen.
The next qtr HAS to show exponential growth, with improved bottom line to consider any real opportunity.
right now, it is, as you say, a 'hope' spec.
the problem with that is a .05 value with 2.4 bil shares would suggest a cap value of 120mm.
Given eoy sales at 10mm, likely still operatimg at a loss, hard to make that case.
? around the same time a co by the bane of Kona Gold ran from .002 to .14-.16.
Those of the time that exited near highs did very well.
Since that time the course of share value has mimiced ngtf by a continuous share value slide.
But also any hope of serious major move w KG is limited by the continuous dilutuon.
Now ngtf has 200mm authorized w float of about 75 mm.
KGKG has 2.5 bil ( soon reporting much higher i think) and a float of 2.1 Billion.
Thats over 25 times ngtf.
A one time spike is not a model for what to expect w Kona
the issue for shareholders is that holder are paying for this w dilutuon.
The next Q is crucial... it should show growth at LEAST showing solid path to eoy forecast.
or KG needs its 5mm now.
I looked up the funder, very little info.
Massive new shares...wont be clear until next Q
So the filing retracting the rs is now followed by a massive sale of shares -
This is a prospectus (this “Prospectus”) of Kona Gold Beverage, Inc., a Delaware corporation (“Kona Gold,” our “Company,” “we,” “our,” or “us”). It relates to the resale or other disposition by the selling stockholders identified in this Prospectus, and their transferees, of up to 702,280,139 shares of our common stock, par value $0.00001 per share (our “Common Stock”).
http://archive.fast-edgar.com/20230522/AI2YE22CZC2RCJOZ2K2C2ZY2PU8TZZ22Z252/
so apparently they have withdrawn the filing for a RS.
regarding trading, it appears large share block sells in this range, at time both large ask/bid bet .0026/.0028
Could be company $ raises 'transferring' shares to inner investors.
Not sure what catalst to materially move shares. Another 3+ mo for next Q.
Again, last Q release w no comment by mgt.
I still feel the co is going to run up shares to fund growth, and once /if established RS or merge... clean up the indecipherable loans and share awards.
i still ( also) dont understand no marketing/ social media campaign. Seems to target areas around most successful sales area , raise brand awareness would juice sales and retention.
But looks like this is a base and once bulk selling is complete should rise back to .0035 / .004 even in quiet stages.
this Q is very difficult to assess.
the number of share agreements and awards, loans and dilution is SO complicated it makes it impossible for a shareholder to assess.
That there was only 200k growth while shares doubled is running in place on a downward slope.
While many have said the NEXT quarter is the one to show exponential growth that shows a path to pay all debt and obligations...and stop dilution... i feel the next one will be revealing. The first to see the results of all the Walmarts.
No marketing budget still stands out as huge negative.
impressive