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I just heard from a friend of mine that heard from another friend who was told by another friend that they had some inside info that Kona's revenues this quarter are going to be incredible, lol.
I like that carp,
Maybe some outsiders saw BLOOD's phony pr and took it for real. Oooops, here comes the skull and crossbones, lol.
So strange that the bid right now is almost a penny higher than yesterday's close
Wonder if there is something brewing that we are not aware of. This morning I am seeing market makers with an opening bid of .123 and the ask for the most part above .13 and going up as high at .18 and.20
Just wondering if there might be some sort of press release that is leaking out.
Get ready for another dip into the 6's for the day. I wouldn't be surprised to see another 5 to 10 million go at that level today. Sooooo sad!
Past couple of days sure have turned a lot of 6's. That is what continues to bother me the most here. I just don't have the guts to try to buy more as I have millions at an average cost in the 12's and I am just hopeful it will at least get back there during my lifetime.
I would be pleased if they are current by then as well but I got the feeling from what I read not to expect anything to be filed until at least that time. They have filings for 3 quarters for 2017 plus an annual and them 3 filings for 2018 plus an annual there and then 2019 to deal with by that time. I was just hoping that we would at least START to see quarterlies filed by July or August of this year.
If I misinterpreted what they were trying to relay, my apologies but it just sounded like nothing until the end of this year.
I am not saying I will not hang in, treedoc
What I am saying is that my understanding is that they hired the in house bookkeeper/accountant at least 6 months ago. Accordingly, the records should be in some semblance of order so they only need to be reviewed by the outside accountant and that should not take another 6 months in my opinion. We are not talking about a huge company here. I would have thought that filings should at least start to appear by July or August the latest. We have been in the computer age for record keeping for many years, not needing an abacus, fingers and toes to count on.
Just my opinion.
Well, I have to say this, in my opinion, is not going to be a stellar start for the week relative to ALKM. On fb, Eakle and Kaufman both gave projections for the fins to now be current by late this year or early next year. Sorry but I do not believe there is any way it should take that long for the new accountants to get the house in order. This stock will go nowhere in my view until they are current.
Am I missing something
I just went to the Kona site and I do not see any mention of or link to the HighDrate products???
I always had the ability through dropdown to access the Highdrateme site in the past.
Good for you, TTF
Hope you have a huge amount of this to set you up for life!
On the line of mixers, not sure how it would taste but the Platinum with I believe it is called Goldschwager - a liquor that has specks of gold floating in it -- Now that would be a Kona Gold Bomb, lol.
It might be possible, Theo but if that is the case I believe that there is a requirement for any insiders to report the purchase of those shares to the SEC. It would be a nice thing to see the SEC showing that as it would show some great positives for the company and their belief in the company. If I remember correctly, the forms showing this must be filed within a couple of days.
Wish I knew or at least had some idea.
What bothers me is for all those large trades, someone big must be unloading in my opinion. Far too many multimillion share trades in lumps for it to be small time sellers in my opinion. If it were more small trades, I could see it but if I remember correctly, at least 60 million of those trades were in multimillion blocks. Honestly scares the crap out of me personally with what I hold here.
Just my opinion though.
Another 24 million in three trades in the 7's now 6 on the bid.
They only have so many sister companies to sell between
You are definitely on target, PRP with that other Center Of The Earth suggestion, lol
Something is definitely up - there was just a 12 million share trade that went through at the 7's and then right after that one for just under 8 million shares.
More like a Journey To The Center Of The Earth to me
Most of the 21 million in trades so far today have been at 7 -- Either they know something we don't or they are in just to try and flip for a couple of ticks. We may never even get back to .001 let alone any higher.
Just my opinion
I am getting real uncomfortable seeing those large 7 orders going through
Add to that, if it does start going in the right direction, it will be hard to overcome all the sub penny flippers that this could attract. I am beginning to believe that even getting to a penny with the current share structure will be a very tall mountain to climb.
Just my opinion and, believe me, I do hope I am wrong.
Thieu, where did you see that ALKM was buying shares?
Wonder if I should shower and suit up for that trip To Da Moon today, lol
Great and succinct post, jersey!
I don't think people are necessarily upset about you flipping, gregcod, it just gets old and tiresome to hear someone trying to brag so much about what they SAY they are doing. To me its like a guy that doesn't have the equipment and has to make up for it by trying to show off all the fancy toys he has.
Do what you want but most are more impressed about what one does in the background, quietly. I am one that likes to pay things forward quietly and not worry about being recognized for it as it makes me feel better as a person.
Just my opinion and I apologize if it offends you.
Almost 36 million in volume and goes nowhere.
Oops, sorry there was some temporary movement down.
To Da Moon this week
Let's see what did I do with those magic beans that i bought from Jack -- I need to plant them, lol.
How much are the newer startup distributors selling, I wonder.
I would imagine that those that have been out there for at least a few months must be approaching sales of at least $12k a month. That would be $144k annualized and I think that is very conservative. I think we have at least 60 of them already pounding the pavement the last I heard. That alone generates over $8.6 million in annualized revenue. Even if they only grow by 5% to 10% per month and we add, say another half dozen new distributors each month, we are in for some massive growth!
Kona should consider offering to provide at least partial reimbursement for wrapping those distributors' vehicles as a form of additional advertising -- that would help everyone!
I would really like to have an idea of how the larger distributors like AB are doing with this in comparison to the small startups. My take on this is that those large distributors go under the premise that the Kona line is just another 6 to 12 sku's to sell amongst their hundreds of sku's, many of which are established and with national advertising. While the young startups, for the most part only have these items and are accordingly working much harder for the Kona name. My bet is that if we were to compare the sales per person of the startups to the sales per salesperson of the larger distributors, that the startups are putting out much more product on that basis. I also believe they will be more loyal to the Kona brands.
I am in the Tampa, FL area and am amazed that, even with our signing with Lucky's Markets months ago, Kona is not in the St. Petersburg store yet nor in the Bradenton/Sarasota store. I also was in the Pensacola, FL area last week (panhandle of FL) and we are not in the Lucky's Market stores going up that way. That was disappointing to me. I have even made multiple requests with the store in St. Petersburg and asked to order it. I have to order it over in Orlando and pick it up when we go to visit family there. I was also amazed at the advertising I saw on tv in the panhandle for other energy and energy related drink brands that I have never heard of before. Additionally the shelves are loaded with them.
My big point being that I believe Kona is on the best track right now for getting product out there using the small startup distributors and, for the ones that are really pushing our products, I believe that you all can carve out a very profitable and fast growing business with the Kona product line and the addition of select others. Kona is so small still by comparison to many others but has such a great tasting product line, it will continue to grow rapidly and be the catalyst to jump start so many startup distributors it will be a win, win, win for all - Kona, distributors and stockholders. Only wish I were younger and healthy enough to start my own!
Thanks to all of you that have taken the initiative as well as those spreading the Kona word!
Great Effort, ice
It is really appreciated and to me this provides a lot of long term positives. Those on a crew like this can be real influencers as they travel and share at various locations around the country. Plus one never knows when a big name might show up for one of their shoots and become a fan of the drinks.
Again, thanks for having the foresight to do that!
Isn't Hemp Lifestyle associated with PUR fluff and associates. If so, in my opinion, that pretty much negates any value for that PR.
The only thing in my mind that might help move this stock is getting current with the fins. With the change in firms reviewing this, I am a little more hopeful but will certainly not be holding my breath.
My other concern is with all of the shares out there, we will see a lot of flippers that will slow any significant movement. It will take a lot of time, sadly, regardless of the revenue they are starting to bring in. Just feeling like I traded a vehicle that I was upside down in for another with no money down and have just gone deeper in the hole. Only hope that one day before I die that I will be able to see some upside here.
Wonder how long it will take the new Accountants to get up to speed and start having records in order to get the filings current?
Christmas of what year???
Perhaps 2025
I am wondering if more dilution is going on so they can fund more operations?
OOPS, LOL back to 8's
Sorry I have nothing better to do right now
Next milestone will be .001
Then I will start feeling a little better - especially if it holds at that!!!
Aston, this is not like an abusive relationship, It is one, lol
Nothing gonna keep us down!
If there really is some news dropping I sure hope they don't wait until after the market close tomorrow. Any potential benefit to a pr would be lost over the weekend in my opinion.