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Thanks for the support guys. Just sold another half case of chocolate raspberry truffle to one of our hemp shops. That and the French vanilla are popular there.
We sell a unit of coffee to retailers for $10.50, but give them a discount on purchasing a case, effectively making it $10/per. I believe in top margin pricing right off the bat. We will be moving larger volume here soon, but will be focused on the canned coffee when it releases. I'm trying not to take on too many SKUs until we have full time staff, so the focus is still Kona products, and of course the coffee. Would love to get vape pens, hemp flower at some point.
First off, it's not a story, second off, I don't have to share anything I've been communicating with Ryan as a distributor.
I thought it was a nice gesture to share where Synergy is going and when with this new product, maybe I was wrong. I believe in running business as transparent as possible, and I've already had some of you reach out to us asking for a timeline of when we will have our new products. I'm telling you the last communication with Ryan, I was told "hoping by end of Feb for teas" and "the coffee will be a week or 2 later".
Believe whatever you want, follow up as you wish.
No changes yet that I've heard, unless Ryan emails me it's going to be longer. I'm not going to bother him for info I already have, which is end of Feb for tea, and coffee a couple weeks after, so early to mid March.
You like those moving averages? Been watching them for the past couple weeks make crosses. 20 should cross the 50 next week. I'm sure we have some more hot news on the way as well, whether that be an uplist, new product, explosive fins, more distro news. I mean, think about it, it should only keep going up as they expand.
Hahahaha! So good, and so true.
We may never see 6's again. Say we roll into an uplist and/or additional big distro news, plus product launch, plus annual, plus Q1. At some point the growth will trigger a massive breakout again like last fall and we will be laughing that we didn't snatch up everything below 10 cents. Also, IF 6's ever happen again, remember this, a broken clock is still right twice a day. ;)
This is why we are going to the moon. The company gets dozens of requests for products and becoming distributors, that Chris goes through almost daily. That paired with the loyal shareholder base on ihub, Yahoo, and FB group is amazing. That group has quadrupled in a month. It all adds up to something very big, the wildfire of Kona is spreading. Everyone should always keep that in mind on top of all of the other positives. Know what you own! This is going to be big, and in a way, already is and spreading!!!
Upcoming positives are annual and Q1 fins, uplist to OTCQB, new products, and of course the week to week distribution news.
Another cross in MAs about to occur too. 20 day over the 50. 8 day has already crossed the 20 and 50. Chart is still very much bullish.
Incorrect. Run in December went to 7 cents not 15.
I'm guessing the RSI was too high at .018 back then? Before running to 6 then to 12 cents. Sucks you missed out, not everyone can read charts or do the DD necessary to see such massive gains coming. Its OK though, many here have shared the DD necessary to see the upcoming massive gains, highly recommend you follow our lead.
Completely forgot about that, thanks SQUEEZER. Even still, that record is from 12/31/17, it's quite outdated, just looking at VATEs as of 10/18 being over 500, it's safe to say a few thousand at least at this point.
Exactly, super outdated.
Annuals are due 90 days on OTC Pink, could be another month. Last year it came out on 4/2/18. They do have a book keeper now so it could be earlier, especially if they are trying to follow OTCQB filing which I believe is 45 days.
Lol, hate to say I called it, surprised there are still some bag holders hanging on to this. Clear as day PnD and dilution (~250m). So much for "$1, $3, $5, and even $10 per share" fantasies. Been way overvalued. The market cap would be in the billions, and they are so far from that.
Luho is an OG here. He is and has been loaded with shares since the sub penny days. He might as well be EF Hutton, finding DD on the VATE shares KGKG owner before anyone else, called the Elliot Wave theory last fall, and continues to hold for even larger gains. Many of us are in the same boat. I don't like to ride the dips so I've dropped shares and bought back in lower a few times, I've also been caught out of position selling too.
Enjoying this HighDrate pre-workout, looking at this beautiful bottle and thinking, "holy crap, there is 10mg of CBD isolate in every bottle with caffeine", just stop and think how unique this drink is and how insanely well it has been and will continue to sell. Then add in new flavors come out, the cans, sponsorship, no debt, very little dilution, transparent CEO, a true visionary, industry beverage pros closing deals weekly, AB distro house, explosive sales, self-distribution, growing staff, uplift, I mean you have to be blind not to see where this is going and fast!
Yup, which is fine, that is the entire purpose of listing your company on a stock market, to find growth. My partner and I were just looking at OTC Pink requirements last night, seems pricey to go that route, especially factoring in accountant time to get listed but could fund the business for years too.
Knowing RC, he will give back to shareholders again by retiring more shares in the spring to offset some of the dilution.
8 day crossed the 50 day, and it's been trading above that. Not even worried. A y additional news, uplist, anything major and it goes to the moon again like last fall. Need to follow the buy signals my friend.
Why? Clearly dilution, just look at the OTC profile update from 2/7. Technicals starting to turn now too. This will come back to reality sooner than I thought. There is still hope with this kind of volatility and volume but that falling knife will appear.
Its called a buy signal actually. Why are you here again?
That beautiful cross of the 8 day over the 50 day.
Fins will kill the run as people see the debt and lack of revs for a 200m market cap. Reality will bring this back down, but Ill jump in Monday and get out before the falling knife.
Not necessarily. This massive jump in PPS can also be MMs maximizing their client's newly issued shares, to get them the best PPS. It may just be dilution which is fine for the short term play, can make money off of that and the hype the rise in PPS causes. If I buy in Monday, where do we see this by Friday?
I know how to read an OTC profile, that is what has opened up a slew of questions ive been posting but being told to ignore and just buy...
Sounds good. Where do you think this will be end of next week? I see this will run hard Monday from the technicals, just trying to figure when this will stop to see if its even worth jumping in at this point or if i already missed that boat on this run. Lots of posts saying things of no substance like, "many people made a ton of money" or "just believe! Just buy!". obviously not a very logical explanation lol. I get many have blinders on because they are so emotionally pumped from making so much in a short time. Im looking for answers from those able to step back and look at the bigger picture, ad its clear this isnt an IF it will come back down, but, when it will come back down. Hype will stop at some point.
This is the first poat of substance ive seen. This is what I was looking for as I couldnt find the SS in the 10Q and saw the financial issues. That and the near 200m market cap. Last i could find for SS was from 8/2018 where it was 8.5m. I know its no longer there. How has L2 been the past week, have anyone spotted dilution?
Looking for logic not emotional hype. Sounds like the patents may be the real deal but the technicals scream diltuion, doesn't mean there isnt more money in this run, but im looking at it more for the short to intermediate play not long term. It needs to make sense, not "buy just to buy cuz so and so made money". Im looking for substance in the explanation.
Im also more so looking for anyone following this stock who is not typical retail. The momentum and technical traders analysis and looking for targets for this run to see if worth jumping in still.
I get that, but the float if its still 8.5m shares would have traded over itself 47 times in 2 weeks. Thats impossible and too liqud for the float to be that small and "locked up". Especially with updated share structure showing 250m in unrestricted, i would not be surprised if the float is now close to that. Im not trying to p*ss on anyones parade, as I want to get in on this myself, but there is definitely dilution on this run, which ive seen before. SLNN ran from .0007 to .01 3 years ago with massive volume during there dilution. So im trying to avoid that situation again is all.
I also know its OK if dilution is occurring during big news, often times thats a type of healthy dilution.
I see ~400m shares traded in 2 weeks. Im sorry but there is no way the float is still 8.5m. News/PRs also seem to have picked up lately too. Any traders have any input here? How much room is left on this run before the falling knife?
What is float? OTC profile is outdated and no financial disclosures except an updated OTCQB cert. What worries me about jumping in is that the moat recent cert says float is 8.5m but this kind of volume thats inpossiblez there has to be dilution occurring, which us fine if the why makes sense. Can someone bring me up to speed? I dont want to jump in if its just OTC hype or a PnD.
Whats the story with the share structure? OTC profile shows ~250m O/S and ~250m in DTC, and only a 1.6m float?!?! The float date is 2015 though, odd. I see share structure updated 2/7/19 too.
Why is this running so hard from .02?
Who is ready for the bullish abandoned baby candlestick on Monday? Also 8 day should cross the 50 finally!
Incorrect. Read the chart. Monday/Tuesday will be glorious especially if we get more news during the cross.
Yes, we are in a local 4 store health food store. We are also working on 2 medium to large grocery, locally for now. Ill explain more if/once we close those.
I know the entire story actually, completely by chance. The guy called and made Jasmine almost cry as he was a tool from the start dropping F bombs because he claims he lost money, and demanded a manager. Honestly he sounds unstable so ill watch what i say about that. Anyways, he requested a manager and RC got on the line asked him what he could do for him, he further dropped F bombs, acted a fool and then hung up. The problem is the guy himself, not the Kona Gold staff.
Ill side with the staff just based on his ihub response. His post was borderline manifesto, Incoherent non-sense.
Nothing yet. Sent you a message. ;)
A customer of ours also owns a hemp/CBD distribution company that sells online and is opening 2 high traffic stores, and has just asked for pallet pricing.
2 other big deals being worked on that will transform the business completely. My dream of doing this full time is quickly becoming a reality. We are also working on a job description to hire a driver/beverage sales consultant full time. Its about to get real here in Milwaukee.
We are a boutique distributor in Milwaukee. Opened our doors back in August. We have an IMS system, phone system, the works. Going to destroy the blue collar distributors with our technology, organization, and unique niche products. My background is IT. Currently have a 1099 helping with sales, and looking for more to help saturate our market. Only recently (past 3 months) started to kick things into high gear. The coffee sells well, and I cannot wait to get those cans, they will sell easily in grocery/health/hemp stores.
Thats what i was told by RM while inquiring when we will have access to the new product, so i can budget. New HighDrates will be out around that time too, may have to make a decision based on which one comes out first. In the end we will carry both of course.
Im sharing when my distribution company Synergy Distributors LLC will be receiving our product and why.
Keep playing the victim card. I find it unlikely that you lost money unless you bought yesterday, which, you cant lose if you dont sell. I sense a crazy or short in disguise. Either way, the ignore feature on ihub is great. :)