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That is awesome!
Go over to Alkame Holdings facebook page. He said the quarterlies would go faster as they are not audited, but the K's are and will take longer.
That said he also said he has a CPA firm preparing the proforma of each filing so the work can just be checked by the auditors and approved with any changes they want to make. This is to speed things up as much as possible.
He also said he cannot give any specific time frame due to laws.
RKE knows what he is doing. No worries for me. By this summer this company is a kicking mule.
No we did not. Please don't jump off the balcony.
Hopefully you will get a little peace now that another Q is out today.
Just remember..it isn't when it comes out, it is what is says when it does. When we get into the 18's that is what will count.
Your 15 million shares long and are green and yet you are complaining..head scratcher man.
Robert's facebook post always said the auditors control the timeline. They have a CPA firm creating proforma audits for the auditor to work with. Eakle wants to get current more than you do.
Look if you are a professional contrarian I get it and I don't mind as contrary opinions make markets, but if you are a long investor I don't understand your obsession.
ALKM is not a flipper stock..it is for long term investors.
Would you please clarify your position?
Well if several people who follow the stock would not insult Robert on the facebook page he would be communitive. The fins take what it takes..the auditor controls the timeline and the company in no way controls the pps.
You are angsting over nothing IMO. Eakle is working to build a behemoth and he is well on his way.
Are the waters selling quick in your stores?
Chad will drive efforts to quickly grow market share in the Midwest and he is a fantastic addition to our growing team of seasoned beverage professionals.”
He has put out quarterly audited fins approx every 6 weeks. That's fast.
There was a big MJ convention in Vegas this past week. You know RKE was all over it.
I believe Robert is well respected in his industry.
Fill lines working! Puration, Inc. (USOTC: PURA) (“PURA”) today announced its first shipments of EVERx CBD Infused Water with redesigned labels are beginning to ship with the first bottles anticipated to hit shelves next week. Puration last week reported 400% revenue growth year to date with sales of $868,300 and $448,800 bottom line. With two new products in addition to EVERx coming out soon, Puration anticipates accelerated growth in 2019.
Nobody is selling their KGKG stock..ask is at 10,000 shares on a day with a major major news development.
Don't people usually sell on the news?
Love dissenting opinions..makes markets!
YES! Knockout Hire. He worked for the largest energy drink and has come over to Kona Gold.
Says a LOT! Great product that can compete and win..Webb has got to see a great opportunity here.
I think he means the HIPH story. They are a direct competitor of PURA.
They are current for reporting..It would only make sense that the SEC has updated their status but it has not been made public by the company. So OTCmarkets websitesees the SEC listing them as an audited reporting company now, but next qtr is when that will begin.
Anybody see anything different?
Cane Sugar is the best. ALKM has played around with Stevia in the past as has PLSB with their Lemonades. Stevia is ok but it can leave an after taste.
It is actually Hemp Protein powder and it act to give the drink some body as well as adding nutrients.
This change has not been done off handed. Nothing this company does is.
Definitely a lot going on. Fins reported doubling of travel expenses and 4x office supplies.
That is awesome. I think I will contact them about working the Fort Myers area of Florida. Ready to stop contracting and that would give work with less physical toll.
Nice!. Any chance you take over the whole midwest and work for Kona full time?
It means that Kaly will now start receiving income on every Everx bottle made from the license to use their technology. Could be very valuable.
Eakle is in lots of meetings...working 24/7.
Big supporter of ALKM here. Their ceo is the driving force behind Everx and Highdrate.
ALKM has been setting up production lines and just announced last week the super fast 12,000 bottles an hour cold fill line is now operational.
I don't think supplying Highdrate will be a problem.
I believe the platinum uses cane sugar.
Agree on Watermelon..they should drop it and go with the 3.
Yes. It helps you sleep and the oil softens your poop. Yes.
Just talked to Smoke and Brew..as you have seen on Kona Gold's facebook page they have 100 cases in stock.
So they have sold about 45 bottles of Highdrate between the 2 stores in the 2 weeks since they received them in. This Saturday they have a display set up out front for samplings and tastings to raise the awareness.
Working the ground game!
Plus audited fins will be a cinch..no messy financing to sort out.
Plus the balance sheet is perfect for a buyout if that comes to be.
Great product and a very shrewd ceo.
Possible. RC is using his cash perfectly. He is not wasting his time with messy financing crapola..focused on growing the business. That is huge!
Bought a milly at .005. Kaly will now start receiving licensing money for every bottle of Everx filled from now on.
I did some figuring and based upon PURA's fins just out they have produced about 200,000 bottles this year.
I figured they get 3.00 per bottle and with sales of 886,000 less say 200,000 estimated sales from the grow operation..everx accounted for 686,000 in sales in the first 3 qtrs this year. The math says 228,000 bottles x how much for the cbd extraction fee from the license. Let's say it is .25= $57,000.
As Everx grows so does Kaly income. Worth taking a stake in IMO.
Company review: I have printed out the fin and looked it over and here is what I see:
1. Shipping expenses doubled..product going out
2. Advertising expenses doubled..pull through in stores as Sellinger is overseeing
3. Office supplies 6x increase...very good sign as things are happening.
4. Management fees slashed. RC not paying himself and it appears Sellinger gets 10 million shares as compensation..he increases sales he reaps the rewards.
5. Clark this year has paid in $181,470 of his own money to pay all bills..there are NO liabilities..that is huge! Anyone who does that has supreme confidence in the product.
6. He has prepaid rent and other expenses.
He has signaled qtr 4 to have $156,000 in sales..that is 5x the 3rd qtr!!! Signaling a gross margin of 56,000 which at worst will be a breakeven..then as the distributors and web sales increase it goes up. Sellinger is awesome. Hopefully the new midwest sales manager will be just as impressive.
Overall RC has invested so far $666,218 and his stock is worth 110,000,000 X.08= $8,800,000. We have a very smart and clear thinking ceo who will make us all lots of money.
If ever there was a penny stock to hold...IMO
Yes. RC is personally bankrolling the companies expenses. He paid in capital to make sure all bills are paid..no current nor long term debt.
He will get it back many many times over with his 110 million shares. Smart man with excellent product(s).
Yes! Sellinger gets 10 million shares..nice. Travel expenses way up..they have been on the road inking deals! Office supplies way up..things are happening!
Management fees cut. Clark trying to make the company profitable on the bottom line. He gets his on stock gains.
Total expenses next qtr probably around $50-60 thousand..Sales estimated for qtr 4 at 156,000 with a gross income of $50-60 thousand.
The company will break even at worst next qtr and new deals and distributors will set 2019 on fire IMO.
Seasoned investors always bid lower than current price. The pps is not running away so they know that they can bid sit and get filled.
I see it as a very good sign. Just got to know the DD and reason out what you can with pr's and filings.
Life in the pennies my friend. You are stressing way too much. Eakle has said they have hired CPA's to construct the proforma Audited filings to get them done as quickly as they can...but the auditor controls the process and the timing.
Do you really think Eakle wants to delay it? His shares are not up either.
Eakle is shooting for a clean company. There are no shortcuts..but when we get there..oh man!
PURA fins reveals ALKM revenues. So PURA's fin yesterday shows cost of goods sold as staying even at $318,000. They pr'd that they were using up the old label inventory and have ordered a new label production run.
Also their receivables are at $200,000 but their payables are at $8,000..so they are paying ALKM for product.
Now we know that ALKM has produced and billed $318,000 worth of Everx and has been paid for it as of Sept. 30th.
We are already halfway through the 4th qtr so that number if it is a substantial order for new label could be $500,000 plus.
Add that to 1.3 million for blueberries and then add the existing accounts for Bell they took over and add Highdrate and Black Rain..etc
It is possible that ALMM's revenues could exceed the 2.1 million RKE put out.
PURA PR'd recently that they are using up their inventory of old labels and their next production run announced in October would have the new label. That is why they did not have a cost of goods sold increase in the 3rd qtr.
Yeah the oil is heavy in it. I found it helps you sleep.
Did you ask the staff how the sales were going?
Beautiful! Thanks Ski.
Oh I see. Thanks for letting the company know.