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Idk. Anheuser got Kona into dozens of stores around here. Just didn’t have the follow through from Kona. The opportunity was clearly there
100% spot on
Somebody definitely used the PR to unload. Hope it’s not management selling their personal shares.
He was the CEO of Lemin. Kona brought him on as a full time employee with the buyout. Not sure if he owns many Kona shares currently. So he wouldn’t be personally hindered too bad by the scenario I laid out. And RC could always just sell a portion of his shares and retire the rest in this scenario also. Similar to some of the stuff that happened with Kona and VATE a few years ago.
I’m not saying any of this will happen. I hope none of it happens. But I believe any longer term Kona investor has to keep it in the back of their mind as a possibility.
You bring up a very legitimate point.
For investors, there’s 2 troubling things to consider if they shift their entire message and focus completely (to lemonade and distribution):
A) the obvious — it’s not as sexy of a sector for investors. So the multiples and/or spikes will be expected to be less
B) a transition entirely from Konas hemp and CBD products to the Lemin could possibly result in Clark handing the company over to Stineman. Which means we could be looking at Clark converting and selling his ~600M shares owed to him; and then Stineman doing the reverse split, if needed, after Clark is finished.
I don’t want to see this happen, but I’m definitely keeping this possibility in play.
Hopefully Clark keeps those shares locked up, and powers through. But who knows what he’s considering as his future move here.
That’s where the new rules for college athletes could be huge. They need to have started those conversations with local collegiate athletes already. It’s got a huge potential for cheap cost with great awareness.
Go look for the athletes with solid social media followings. Pay them with some free cases of product and 100k shares. Have their contract show that they have to post about Kona products 2 times a week.
Go grab the athletes in areas where product is sold. Which, I assume South Carolina should be saturated by now with gold leaf there. Florida should have hot spots also. If they dont, Kona needs to fix this ASAP.
The opportunity is there, it’s just up to Kona to execute on it
Kona needs to use the new NIL rules to promote awareness on a local level. Go grab some college football players from hotspot areas in Florida where Kona is on shelves. Cheap and effective possibility just opened up. And they need to pounce on it ASAP before others do….
Here’s an example:
Auburn QB Bo Nix announced an endorsement with Milo's Sweet Tea shortly after midnight on his Instagram account. Nix is also sponsored by Ledco Lighting. He arranged that deal using the platform IconSource, which says it facilitated more than a dozen sponsorships with individual athletes in the first hours of the NIL era.
Legitimate questions. But nobody knows those answers. I’m hopeful they get things going, and refocus on their energy drinks and CBD waters, but it’s just hope.
They definitely need marketing. That’s the one thing 100% of the investors I’ve talked to have agreed upon.
Welcome.
With Kona currently focusing on lemonade and distribution of non-cbd and non-hemp products, I’m unsure how much any positive FDA news would impact the company and stock. If Kona sales were ramping up going into such guidance, it could be good. But at the moment, that seems to not be the case.
On the bright side, the stock is down 59% from the 2021 highs.
I’d look towards simple company progression and positive PRs (most likely from Lemin) to get the stock moving back in the right direction.
Just need Kona to execute and show that execution publicly.
Appreciate that.
Just bought a mixed case of 24 lemonades at Menards. Gotta support Kona, even if they are sticking it to the shareholders!
I know it’s not addressed to me, but I’m pretty sure it’s about February.
They’ve had to drop 2 of these filings. The previous one was in regards to the May 2020 S1.
The wording of the first couple pages of the new filing were about February S1. Disclosure: I stopped reading after this… hoping they didn’t shove anything new and detrimental in there. Cause almost everything released recently by Kona has been a blow to shareholders.
Amazing
#HotGirlSummerRules
— Kona Gold Beverage (KGKG) (@KGBeverage) June 22, 2021
✅ Stock up on Kona Gold Hemp Energy Drinks
What shares can they retire? RC only had like 17M left out of OS shares. The rest are owed to him, and would have to be added to the OS just to retire them. Wouldn’t accomplish anything.
Unless I’m missing something. Feel free to let me know if I am
#breakoutyear
….
https://konagoldbeverage.com
First time I’ve noticed this site being down.
I don’t run the company, chief. Of course shareholders have the right to voice their opinions on a shareholder’s message board. At least I’ve been here. You bashed the company nonstop until they acquired Lemin. Then you changed your tune.
Yes, I bought my own shares. Yes, I’ve been here since 2016. Yes, I’ve had concerns as well as positive sentiments. It’s called reality.
Sorry if you don’t like the content of my posts. I doubt we will ever see eye to eye.
Moving on… have fun responding. But I don’t see the need for anybody to have to defend their opinions when they’re based on merit. Just because “I” or “you” don’t run the company doesn’t mean that the individual shareholder doesn’t have the right to express their view on iHub. Maybe I’m wrong here, but it as long as you’re a shareholder, I believe you have every right to comment how you see fit.
So you’re validating exactly what I said in my original post. Thanks Buddy!!!
That’s Lemin. A company that we had to ACQUIRE via massive share dilution. Nah, I don’t think RC minds that too much. But shareholders absolute must take that into account.
Huh? You’re welcome, Chief?
Solid response. I echo all of that.
I’m very frustrated with how RC has decided to handle the company over the last 24 months. I hold hope that he figures things out; but it’s only hope at this point.
Throw that in the trash. There’s gonna be 1 billion shares on the market. We will be lucky to hit a dime, let alone that lofty number from that site using whatever messed up or outdated metrics they choose to utilize
My current concern is that with OTCX and CFGN both at the top of the ask, it seems pretty clear that those shares which were granted, with the S1 being deemed effective last week, are already hitting the market. And there just isn’t the excitement with KGKG in the shareholder community like there used to be. With a weak bid support, we could see this continue to lower.
I’ve been saying it for a while, but we really need Kona to step up their game. Banking on Lemin just isn’t going to cut it. They’ve got to execute with their Kona sales. Which hasn’t been happening since they changed things up 2nd half of 2019
I’m refusing to purchase any product until the site is working. Guess I don’t be buying any this summer…
http://www.oohlalemin.com
Wonder when this site will be functional.
Something I noticed, but not sure if it’s been mentioned here:
Wasn't original Q2 projections NOT including any deals that could potentially be closed? So why did a $250k deal only bump it up $100k? Does that mean that we are actually missing our projections in other areas?
This would explain the big dumps after the initial run up on the PR.
Also, CFGN is back. Hello to more shares to market. Went from moving up to $0.0325 early this week, to now having SIX market makers on the ask below $0.0299 with CFGN leading the charge. Frustrating, to say the least.
That’s a good point regarding cabin trips. Very valid
Agree. I’ve always lived within 30 minutes of a Menards. And I’ve never went for anything outside of home improvement or outdoor items. But… I’ve bought small food items in bulk while passing by. So there’s that. Ha
My thoughts also.
The profits from Lemin are nice; but for the investors, they came at a very steep price.
Too many shares. If they do something to address the share structure, it’ll move like crazy. But I’m not sure they’re in position at the moment to do anything about it
Any chance you got a link? I’m not seeing anything dated today
Yep. Penny stocks can have great PRs and positive company outlooks; but dilution kills any sort of positive momentum for shareholders.
Because of all the shares issues. They go hand in hand. More shares = more volume needed
$0.0280 looking like a pipe dream. Too many shares out :(
I could go for a close above $0.0280
Not asking for much
Also to note:
The new S1 mentioned the warrants from 2020, the warrants from 2021, and the common shares from 2021 in regards to YAII being owed them. But I didn’t see the common shares from 2020 mentioned in the same sense.
It’s highly possible I missed something. But to me, that’s implying the commons from the 2020 S1 are now distributed and completed. Would love if somebody else could chime in on this. It’s been a long couple weeks for me, and I wouldn’t be surprised if I overlooked something here. Hopefully not, because this would be a positive if it’s true.
At least it’s not a brand new unknown share issuance. It’s the one from February, if I looked at it correctly.
The action today is definitely encouraging.
Yep. I’m with you on that
“think”. It’s not good that nobody knows. The company has had ample time to state clearly what their intended direction is