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They said a couple months ago that they were in the process of selling bithive. Did they make a profit? This is the follow through that is needed. Anxously awaiting how they handle explosive Q3 results.
Agree 100%. Uplist aside, there are plenty of non-fluffy things out there that shareholders want to know...Bithive sale outcome, exponential growth in locations, etc. Too many good things happening within KGKG. All appropriate for PRs.
The argument presented was that KGKG is in a better position than HIP*. I believe they are. However, I see at least four PRs from HIP* within the last month and they are running. There is a correlation here.
Thank you. This is very helpful. If KGKG could just get beyond their 6-8 week news cycle we would see similar interest here. Over communicate and capitalize on momentum. Investors want to hear from the company more than once every six weeks or so.
Explosive Q3 ends Friday. Real fun here is about to begin soon. 40 or so locations added this quarter plus new distributor.
The yield sign associated with VATE could be related to this situation.
Thank you. I think at this point the companies are the ones with the answer. Hope it's addressed soon. Those shares were always a bonus anyway and KGKG definitely has it's own legs to stand on.
From KGKG Q2:
Listed in the Statement of Stockholders is Kona Gold Solution, Inc.’s ownership of 2,476,722 shares of Elev8 Brands, Inc. Preferred Series D shares valued at $8,470,389 as of 06/30/2018.
From VATE Q2 revised:
On March 6th 2018 Kona Gold returned 148,603,365 restricted common shares
And
Preferred Series D Outstanding: 1,740,000
Doesn't add up. This should be addressed by KGKG and/or VATE asap
What exactly does KGKG own regarding the VATE shares? Because what VATE has reported in their revised Q does not match what KGKG reports. Any clarity here is appreciated. Thanks
Terrific news today! Sales VP is a huge step forward and a game changer for KGKG. I wouldn't be surprised if KGKG and VATE switch places or become equals in the .04-.05 range in terms of their pps very soon.
What about your original prediction of sub penny by November? Did you get a new handler or something?
Well at least they were communicating on a regular basis then. There has been zero momentum or interest over the past 4 or 5 months on this ticker. This opportunity for KGKG to share their great work in concert with the recent volume and pps bump won't last long. Last PR was in July and CEO letter was a month ago. Pair that with zero FB updates and a new investor may question whether they are even still in business when in fact it's just the opposite - business is booming.
Going to need some sort of proof of life from KGKG. They are doing what they always do and failing to capitalize on investor interest and momentum. Huge week last week and absolutey nothing from the company in reponse to keep the momentum going. Lack of interest and selling frenzy is right around the corner if they don't perk up soon. Great company...sell a million bucks worth of those VATE shares and hire a real team though.
Updated VATE Q1&2 reports posted to otcmarkets today. Q1 noted Series E and D issued to KGKG. Q2 reflects these shares but does not mention KGKG and instead states "individual." Either way the shares are there and accounted for. KGKG going to pop!
Thanks for clarifying. KGKG looking good. Feel free to remove the sticky. That was never my intention. My guess is RSP is responsible for it.
Both companies have been good about listing KGKG's VATE shares. Just wondering why they arent noted by VATE this time.
Scared shareholders willing to sell at these levels will tank any chances of uplist. This needs to be priority. If ceo "has better things to do" than communicate regularly with shareholders then that is a problem.
Looking for any proof of life at this point. Too many great things happening for KGKG right now to stay this quiet on the PR/social media front.
Looks like KGKG wants to bounce up today. Ask should spread that out and let it. And make a little more cash in the process.
Need that shareholder update that was PR'd last month. KGKG is making great strides but seriously missing the mark when it comes to keeping the public and shareholders updated. 42 new stores in CA and not a peep from KGKG about it. Great job California High Beverages but you can't bear the burden of promoting the product or expansion on your own. KGKG Spend the money and PR the heck out of this. Need a major public awareness campaign at this point. Time to step up your game KGKG and send this thing into the stratosphere.
$57,000 increase in capital investment looks good too. Would offset a lot of expenses. And didn't we learn a week or so ago that cap investment may include mgmt contributions?
Nice buy!
I still feel that KGKG should put in a bit more effort to ride the coat tails of CHB. Maybe the shareholder update will provide some more detail. Interested to see if they made a profit selling bithive as well.
All the pieces are in place. Need some traction on KGKGs end on the awareness front. California distributor is doing an outstanding job of raising awareness. And no KGKG facebook posts since 7/19?? This is a prime opportunity. At the very least share California High Beverages FB posts to KGKG's FB. There is a distributor in place who seems to be doing the work for KGKG here. Solidify that partnership, share the information, raise awareness. A "Where can I buy KGKG products?" list would probably have at least 50-60 locations on it by now.
Would be nice to see all of this reflected on KGKG facebook and website. California High Beverages is expanding KGKG presence in CA very quickly. Even a PR detailing locations and states would be nice. CHB FB likes are only around 50. KGKG could really capitalize on the awareness front here.
38 posted locations on California High Beverages FB. Socal to norcal, covers a lot of the state. Looking good KGKG.
Kgkg sitting on an $8mil gold mine with those vate shares. Dump em, hire a team and execute the vision.
Nice stable support at this level/pps. Loving the consistency.
Another store added on California High Beverages fb page. On Hotel Circle in San Diego. Anyone familiar with this area knows it's a tourist hot spot. Lots of folks on vacation trying to live that cowabunga lifestyle and KGKG is now abilable to them. Way to go CHB!! Crushing socal distribution.
You clearly aren't a shareholder.
Great PR today! Bithive sale is great news. How many states is KGKG in now? Seems like they are really hitting their stride of late. Naysayers and speculators are working overtime today and we all know that's a good sign.
KGKG seems to be operating with shareholder interest in mind. Evidenced by recent share reduction and VATE dividends many here received. Expecting to see similar good news/positives down the road.
Last I checked, and per VATE's annual report, VATE is renting office and warehouse space from KGKG. The false narrative that's being created isn't grounded in any facts. What I've presented here is 30 seconds of DD and a fact tied to VATE disclosure.
California High Beverages appears to be very aggresive and very successful in their KGKG SoCal distribution efforts. More posts on their FB page over the weekend. I thought Q2 was going to melt faces but it looks like Q3 could be pretty nuts in terms of revenue increases.
Quick scan of reports doesn't reveal RM as a beneficial shareholder. And no indication that RC or RM are out to tank each other's companies. Restructure makes sense in terms of KGKG and VATE's rapid growth of late.
KGKG Q2 revs expected to equal or surpass all of 2017 revs. VATE holdings will add millions to company value. A few weeks away from seeing this all reflected on paper. Gonna be a fun ride.
Hard not to. Could see those .018s again very soon that were so prevalent six months ago.
Q2 financials will be explosive. Just a few weeks away from KGKG formalizing their record setting Q2 - revenues equalling total for all of 2017 plus vate holdings. Will be a wild ride.
The April PR where they retired 160 mil shares? Thanks for "focusing" on that.
From most recent PR..
stated Robert Clark, CEO of Kona Gold Solutions, Inc. “Our second quarter revenue is approaching our total revenue of 2017.
Revenue + VATE shares reflected on Q2 report will be a strong catalyst.
All companies that uplisted to QB today filed their cert around or before DIRV did.
https://www.otcmarkets.com/market-activity/corporate-actions
DIRV is still in the game.