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This has nothing to do with anything I said.
The actual price isn't important. What is important is the cost of NS to bring the product to the market and if they can undercut the production/delivery costs of their competitors.
It doesn't matter if we are using $11/lb as a retail price example of $40/metric ton as an example. Undercutting is undercutting.
Silly me for trying to engage you in a rational conversation on this.
You had me going there for a minute.
That is not the point.
Of course the retail store would buy it wholesale.
The point is NS could potentially undercut the wholesale cost of other shrimp and maintain the same profit margin.
That's my whole point.
If HEB is selling shrimp at $11/lb and Natural Shrimp can undercut the production/delivery costs of that shrimp, then Natural Shrimp could potentially put their product on the shelves for $10/lb and still market higher quality
They'd start gaining market share pretty fast if they could undercut the final retail price and still be profitable.
I would too.
I was making a speculative assumption, by the way. I don't have a clue what the true cost per pound is for any production method.
But you do have to factor in all costs to get the shrimp all the way to the store/restaurant. Not just the cost to produce a shrimp in the tank or catch it in the net.
The foreign shrimp have a huge disadvantage in delivery costs as they have to travel 8000 miles. The Gulf shrimp caught in fishing nets has freezing costs to move their shrimp more than a few miles inland. Natural Shrimp selling to local markets is the easy winner on delivery costs.
To add to this...
All those things that make current shrimp farming effective today cost money. The boats. The chemicals. The brooding stock. Etc
Natural Shrimp has costs too, of course. They have to buy the water tanks. They have to pay the electric bill for the electro filtration system. Etc...
But with a significantly lower mortality rate than the standard practices today combined with possibly lower operating costs than a fishing boat or a chemical filled farm plus importation costs it's very possible that Natural Shrimp could get to a place where their cost to produce and get a pound of shrimp to market is lower than the cost to catch shrimp by boat or by foreign farming.
So Natural Shrimp may not just be producing a cleaner healthier product, but they might be able to undercut the competition's price as well.
I don't know this. It's just a possibility.
But take a shrimp boat. They have to buy the boat and maintain the boat. They have to hire a crew to run the boat. They have to pay for gas for the boat. This isn't cheap.
And take a foreign shrimp farm. They introduce chemicals to the breeding pools. The chemicals have to be bought. They aren't free. Then only half the shrimp survive to maturity. Then you have to ship them to the United States and keep them frozen for the whole trip. the shipping alone has got to be expensive.
Now take a look at Natural Shrimp. The initial cost of the water takes and filtration system is probably less than the initial costs of a shrimp boat. The electricity to run it costs less than the boat's gas for sure. There are employees that maintain the tanks but you don't need an experience fisherman willing to live on a boat and taking on all the risks of that hazardous job so your labor costs have got to be lower than the shrimp boat crew. NS's labor costs are higher than the Asian farmers for cure, but when NS is done growing their stock they have twice as much shrimp by weight than the farm with 50% die off and their delivery costs are a truck to drive it 20 miles to the restaurant, not to ship it frozen across the Pacific.
We've previously heard how Natural Shrimp's product would be worth more than the other farming methods. But if their costs are lower they could keep the same profit margin as other shrimp producers and still undercut prices.
Maybe they can't do that today. But the larger the volume they produce, the more production cost per pound goes down.
Right?
I am baffled by this investment strategy
I think .0742 is a great buy! I want 35,000 shares with this $2,597 that's burning a hole in my pocket.
What? You want to sell it for .075? That will cost me $2,625! Where do you expect me to come up with an extra $28?!
Are we really at 16 minutes without a single trade?
After a 2,000,000 share volume to start the day?
Tell me that's not weird.
Edit...literally the second I posted this...a trade went through.
Still. A 15+ minute gap in trading after a flurry tells me that the mid .07's are a pretty solid floor.
No one's willing to drop selling price.
No one's willing to raise asking price.
I don't think the big sellers this morning read the WSJ article about this sector....
Right?
And "a liquid diet to clean out the poop vein" is not any sort of genetic or epigenetic change
It's a common procedure before a colonoscopy. Is everyone who has had a colonoscopy a GMO?
The Q1 report isn't even the good one.
It'll be okay. It will probably bump the stock up above the .09's at least, meaning everyone currently holding should be in the green (unless you are among though who bought on that quick trip to .15 and back)
In fact it'll probably spike it much higher than .09 for a day or two because....it's the OTC and weird stuff happens. But I'm guessing a settling in the .09's after the Q1 numbers get backed into the stock
Q2 and Q3 on the other hand....
Look out above.
Q1 is January through March. Not exactly the high point for any cold beverage.
The store shelves are being stocked in summer vacation spots like Myrtle Beach today, but no one is buying Kona Gold in Myrtle Beach today because there's no one in Myrtle Beach today.
But people show up to Myrtle beach in June, July, and August, or Q3. LOTS of people. So all those stores that are selling 1 can a week today could be selling 20 cans a day come summer.
As for the rest of the country, summer is just a better time for cold drink sales. Ask Coke and Pepsi. They will tell you the same thing.
My prediction is that the Q1 report stabilizes the stock price a little higher than it is now but nothing Earth shattering. Then Q2 sends it North in a hurry when we see back to back profitable quarters (assuming they really do stay profitable, that's the gamble here) Then when Q3 shows 3 consecutive quarters of profit and continual growth (which I expect solely because of summer) the sky is the limit on this thing.
Hmmm.....neat.
Learn something new everyday!
And learning something factual and helpful right here on iHub! Will wonders never cease!?
It's going to be a good day.
Yeah....changing their diet and water conditions does not make genetic modifications that quality them as a GMO
None of that alters the DNA because....that's now how this works. That's how any of this works.
Did you take basic high school biology?
Why wouldn't the Natural Shrimp have the vein?
They still eat. They still digest.
Zoo animals are raised in captivity too. They still poop.
iHub could use a little of that too
Wild claims are made here with no basis in fact but attempts to counter those claims or ask for proof are whacked pretty fast
I chuckled at John Deere buying out KGKG
I laughed audibly at the Russian Collusion investigation of KGKG
Thank you
I needed that
Last week SHMP was s total disaster and everyone should have run away from it, according to you.
The week before that it was going to be $1.
Now you are promoting it again.
What changed? Multiples times...within 3 weeks.
Do tell.
I mean...it's New York
EVERYTHING is within 8 miles
New York is a very crowded place
And?
Let's assume this letter is about uplisting.
Does anyone have any idea how long that might take once the OTC has all the paperwork they need? And I'm SURE there is a hell of a lot more paperwork needed than just this letter so I have no idea if KGKG has submitted everything yet
Just wondering how long the review process takes once the formal submission has been made
Is it weeks or months? or a year plus?
Good pick up
That date got by me. I read it 3 times and read it as this year, not last year
In that case I think this has to do with uplisting.
Notice also that the letter is directed to the OTC Market, not to the shareholders.
This is strictly showing the OTC that their books are in order
Link to the lawyer letter
https://backend.otcmarkets.com/otcapi/company/financial-report/215125/content
Suuuuure you did
Just like you met with them in New Orleans but had to use photos of the NS team you stole off of Facebook to 'prove' you were even there?
Funny how your story of how you talked to Peter for 1 hour matches exactly with someone else who said they talked to Peter for 1 hour.
Seems odd that such a busy guy would have multiple hours to chat on the phone with random strangers.
Especially a random stranger like you who says he sold all his shares and thus has no financial interest in SHMP (but we all know that is yet another lie)
Because KGKG trades in the OTC pinks and the OTC pinks don't make any sense half the time.
Even the most viable company is going to have weird volatility in the OTC with day traders causing price fluctuations that don't correlate to actual company performance.
But over time the actual performance of the company does cause the price to rise and fall on average with it's actual value. You just have to look at the average price month to month to see a reasonable rise and fall in share price that makes sense.
If you look at it week to week or day to day or especially minute to minute it's just not going to make any rational sense. There are too many people buying it to flip it in a day or even an hour who may not even know what Kona Gold makes. They just know it's a volatile stock they can make a quick buck on.
But gradually the lowest price the flipped can bring the stock down to slowly rises. So even though there is still volatility that the day traders love, the price fluctuates between .079 and .082 instead of .073 and .075
Also....the retirement of C shares wasn't publicized with any fanfare. Just tucked into the annual report, which itself wasn't PR'ed. So many many many people, even longs, don't even know about it yet.
That's the next best things to hearing that the are restocking shelves of existing stores!
And on a Saturday night...as far from trading hours in either direction as you can get
Because charting!
CHARTS!!!!
GRAPHS!!
Colorful symbols!!!
You saying to 'know the facts' is like a fish saying to 'know how to live out of the water'
The only problem with that post is where he suggests news this week or next
If there is news, great
But if there isn't....dear god it will crash because NO ONE is reading this with a grain of salt. People reading this and hear 'News is definitely coming out by the end of next week' and it spreads like wild fire. And everything gets hyped.
Then whatever the first deal SHMP is working on gets delayed by a week because the other company's lawyers insist on changing some small language in the contract and it takes an extra week to vet that new language. This is all normal stuff for a business deal....but when news doesn't drop by next Friday for NORMAL NON TOXIC REASONS everyone flips the eff out and says the sky is falling and Peter is a liar.
All I ask for Peter is to keep time frames out of his posts.
Where do you check the rsi?
Don't try to explain greater than / less than numbers to him.
That math is too complex.
He got that photo off Facebook. Its not his
That's the same picture you already posted. You stole it off Facebook where it was originally posted by a family member of the team.
And the photo I requested was showing YOU at the convention, where you have now doubled down on claiming to have been
Where is that photo?
I've got more patience/patients than an emergency room during flu season
I know it's a risk. I'm still long.
It's easier to take that risk when you've already cashed out big and are riding free shares and have an average share price of .015 on your remaining cost basis. That's where I am.
The 'longs' people talk about here not caring about daily fluctuations are the people with those sub nickle shares.
This thing can go sub penny and I'm still profitable.
I also have a long time horizon for this to work. I think it could be 6 months minimum before things really start moving. And it might take 24 months because major deals don't happen overnight. And I'm okay with that that time horizon because this isn't my only investment.
And if the share price fluctuates between a dime and a quarter for 6 months....I don't care. Unless I see something Natural Shrimp does that looks like a gigantic business mistake that changes the underlying fundamentals of the company, I don't care what the share price does today.
Everything rides on news of profitability either through sales or licensing. And I know that's not being announced today.
Day traders gonna day trade. There is enough volatility in SHMP that makes it a viable day trading target. I get that. And I get that it's going to make large price swings for a while. If news comes out showing real income, the buy pressure will end the day trading and volatility overnight regardless of what level it's trading at the day before.
What I don't care for regardless of my long term investment strategy is the blatant manipulation by poser valor thiefs.
I understand how VERY DIFFERENT that scenario is from people who bought in above .50 and are hoping it comes back to that level immediately just to break even. I've been underwater on stocks (heck I was underwater on SHMP for a few months) and it sucks! It's VERY hard to stick to the plan and wait for improvement. When my 3 cent shares were dragging me down in December it was painful. But I waited and was handsomely rewarded.
Now the whole thing could be a bust. They might not sell a single shrimp of make a single licensing deal. That is the risk. That is the ONLY thing you are betting on as a long. Will they make money or won't they?
I think they will. And I'm betting 130,000 shares I'm riding free that they will. That's easier than making the bet with a $30,000 cost basis that's now worth $15,000 like the people who bought in at .40 are dealing with today
You can review on Amazon even if you bought the product elsewhere
Just so everyone knows, you do not have to buy a product on Amazon to leave a review on Amazon. It just won't say "Verified Purchase" next to your review and will show up under all the verified purchase reviews when viewed as a list.
But that's not important. What you say about the flavor of Kona Gold and what not is much less important than adding another 4 or 5 star review to the pile.
So everyone here...EVERYONE...should leave 4 and 5 star reviews for Kona Gold on Amazon. Write a 6 page detailed dissertation or just write "I love this drink, it's better than Red Bull" but mark it 4 or 5 stars.
The star rankings matters TREMENDOUSLY in Amazon's product display order algorithm. They aren't the only thing that factors in, but they are an important one.
And a 4 star review wouldn't hurt. Right now it's all 5's and one 3. That looks kinda fake. 4 star reviews lend credibility to a product's reviews.
And go to the questions and answer them. Or ask new questions. It doesn't matter if you already know the answer. Just having the question section being more active generates buzz.
https://www.amazon.com/Kona-Gold-Vanilla-Infused-Calories/dp/B07L62GWB9/ref=cm_cr_srp_d_product_top?ie=UTF8&th=1
So still no proof of the claim you made yesterday?
I don't need to investigate this because I didn't make the claim. You made the claim. You prove it.
That's how this works
This next PR with the 2018 financials ins't even the one that's going to make this explode.
I mean by itself it's not that exciting. They were still $40,000 in the hole for 2018. The positive news was the sales were 10 times 2017. So the trend is way up.
But it's not a game changing financial report that will propel KGKG to the moon.
However....
They have already said December was the first profitable month. And all indications are sales are up from December.
So they are trending the right direction.
Sales are up, but they haven't been hiring hundreds of people so all their other expenses shouldn't be going up. They shouldn't have double their budget for office supplies and stuff. Salaries will go up a bit, but not the electric bill or rent.
So income is going up a lot. Expenses are going up a little.
Ultimately while this current 2018 financial statement is nice, it's not really THAT exciting.
But sometime in April we should see quarterly reports that show profitability in 3 consecutive months and trending up.
That PR is the one that is going to make this explode to .20
In the mean time we're hovering around .09 which is 10% more than the last couple months. That makes my bottom line green right now which makes me happy. So I can hang out in the .09's for another month or so. And when this financial report is PR'ed it will spike KGKG up to .10 for a day. But it'll probably settle back down around .09 because it's just not exciting enough to keep it elevated. Honestly anything .08 or above is good with me until that first quarter 2019 report comes out.
But when Q1 comes out....don't be waiting until then to buy. That's the day this goes nuts.
And that's not even discussing how most of the distributor partnerships wont't really pay off until Q2 2019. Most are just starting to get product now. They haven't seen huge sales in first quarter. And the Myrtle Beach are distributor? There is no one in Myrtle Beach right now. Hasn't been since September. Those distributors will have Kona Gold on shelves when the summer beach crowd hits the area. And even still a drink like Kona Gold is more of a summer drink. It just is. So even in normal city markets without seasonal population fluctuations the sales will just be better in summer than in winter. Coca Cola will tell you the same thing.
So while first quarter financials will make KGKG pop...2nd and 3rd quarter financials are going to be just insane.
In other words...don't call your realtors just yet. But start looking in the better neighborhoods to get an idea of where you want to live in 2020 and 2021.
I think you misplaced your decimal.... hahahah
Yeah I didn't describe that well.
I meant leaked as it was trickling out.
While we all saw it I'm comfortable guessing that the VAST MAJORITY of potential investors and even the majority of current investors who don't read the message board every day didn't see it because they wait for a 'news alert' to pop up.
And the news alert only pops up when there is an official PR release
What I'm getting at is that the financials from yesterday were probably not seen by the masses yet.
When they are....kaboom.
I don't feel like this morning is a shake.
Those are usually accompanied by multiple accounts bashing the stock 6 ways to Sunday on every message board.
That's not happening today. It's the missing element of a shake out.
This feels more like profit taking.
KGKG has traded mostly sideways for 3 months. Aside from the short lived dips down to .05 and back up there hasn't been much short term profit opportunity in kgkg
Yesterday gave that opportunity. I think people were selling off yesterday to finally pull profit out. That leaked release of the financials gave people reason to buy and sell.
This morning everyone tried to jump in to ride the wave from yesterday and there were just too many sellers and not enough new buyers. So the price couldn't sustain itself in that volume crunch.
None of this is bad.
This is just natural price fluctuation I think. Exited investors and excited profit takers.
Yesterday's 20% gains were never going to be sustainable without an official PR of financials that is still expected sometime this week. But they are up 10% and holding from yesterday's open. Even that seems extraordinary without official news. But it looks to be holding around 9 cents.
KGKG does not function like a normal OTC penny stock. There is a cult following of this stock (not a bad thing...I'm part of that cult) that makes it sustain things that would rush most penny stocks.