Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I don't believe anyone ever said that LOC was free $$$. Just that it is a Non dilutive LOC,
So, you have tried their product? Highdrate energy waters or the energy drinks? They still have a new rebranded can design coming, correct?
Got yea, makes sense
I agree. There is plenty of upside here. They have definitely started in the right direction. New management just needs to follow through. A lot of folks cashed in from trips the last run, we have a new base in the mid $.0015-$.002 range. I expect we see more solid business updates, maybe even as early as this week.
I understand and why I am now here. New management, fresh ideas, form their PR's, they don't seem a fan of toxic lending. IMO the sooner they can shake free from Mast Hill Fund, the better.
Can anyone name all these subsidiaries?
So you are suggesting the sales of shares from the S1 registration to Mast Hill are restricted? IMO if management is serious about shareholder value and cleaning up the balance sheet, some of that $5M Non dilutive LOC should be used to clean up any or most remaining convertible debt.
So the main diluter here as of late has been Mast Hill? From the S1 back in May 2023. Looks like it is set to expire May 2024
I sent out an email last Thursday. I am sure new management is very busy. May be a good idea to have a dedicated investor relations rep.
Toxic lending. But hopefully the note holders have unloaded majority of their shares by now. Could be the start of much better year for the company and shareholders.
Does anyone here that has reached out to the company with questions via email, ever get a response?
Still have to get the 2023 audit complete, but definitely great to get 2021/2022 completed.
Using a cryptic tweet to unload a few millions shares.
He probably is in the process of unloading those now IMO
Looks like they just got out, LOL, 10M shares got gobbled up, confident slap IMO.
That 10M share wall on .0019 is just pure manipulation by retail. Folks are wanting to load these discount shares.
Keep in mind these were not PR's from some cheesy fly by night PR companies. These came by way of 8K's Material events. That carries a lot more clout.
In what position?
Question for you. I read the 15-12G filing back in Nov of last year. Was that to downgrade the company from OTCQB status?
Who is going to put up a $5M Non convertible LOC to a scam?? RC probably unloading his E Series shares and the sooner the better. I dont know much about the guy, but from what I read, his departure from the company was very welcomed.
Just some share shaking going on today. If this does hit $.002 or lower, I am a buyer! I don't really need more shares, but I will not turn down that good a bargain, lol. Solid news was released just a couple days ago, ink hasn't even dried yet. Management needs time to put their plan into action. JMO
Grabbed some today. Get the one tick flippers out of here and this move out of the trips easily IMO. AS should be close to maxed out. No history of RS is always a nice confidence booster. GLTA
Looking good here!
So a LOI to acquire some cheesy medical bandage supplier? And it is just a LOI. Apparently this news didn't impress many today and rightfully so. Not sure why Ballas is keeping this a publicly traded company. He dried the udder up a long time ago. No more shares to milk from the investing public.
Thanks, although I didn't even include the fact new management has already secured a $5M NON-Dilutive LOC to put back into and grow the business.
Just alot of positive moves, that hints to these guys having big ambitions for the company, which in turn should mean much higher valuations and share pricing. I believe we can expect more significant business updates sooner than later. JMO
This is way bigger than just this IHUB board. New management will be taking this to much higher highs within the weeks to months to come. I have recoup my initial investment and tucked shares away. I suggest folks on the fence here do some thorough DD. Just for starters in 2024, new management, reduction of AS by 4.386B. Left room within the SS for potential acquisitions, partnerships, etc. Removed $1.3M of debt from balance sheet. I wouldn't doubt if some debt was unloaded yesterday and today, without stifling the PPS move Northward. Seeking Alpha put this news out yesterday, 20M viewers per month on Seeking Alpha. Beginning of much bigger moves here IMO.
Brandon White has the business experience and Jermain Strong has the much needed connections:
"Brandon White is a seasoned sales and business development professional with over fifteen years of industry expertise. With a proven track record, he has successfully collaborated with both large corporations and startups to enhance operational efficiencies, cultivate robust relationships, drive sales growth, and expand market share."
Jermain Strong, according to his bio has significant connections within the sports world!
"Mr. Strong brings a wealth of experience, including a background in collegiate and professional football, to his role as CEO and Director. His vision for the company involves expanding its reach, leveraging a network of professional athletes to propel Kona Gold Beverage to the forefront of the beverage industry."
What do you mean? I could be wrong, but I do not think this management team is lying:
"is proud to announce the company has successfully secured a $5 million line of credit that will be dedicated to driving production growth, expanding market share, and exploring potential acquisitions."
They have the $5M NON-dilutive LOC, lets just see how wise they are with the use of the funds. According to the PR they have a good plan in place.
"We understand the importance of responsible expansion, and this credit line will play a pivotal role in driving our production capabilities, expanding our market presence, and exploring potential acquisitions that align with our vision."
Copper for sure, but I think this new team has even bigger ambitions than that. In due time obviously.
This is one you just might want to tuck shares away in and forget about for a few months.
Up 86% on 68M in volume is sweet!
We should see an 8K released, based on today's news.
Someone has some serious confidence in this new management team. $5M secured and NON-Dilutive line of credit. Watch these guys/gals create a much leaner balance sheet and start turning some serious profits here.
I see that 26M share block on the Ask, that was there last week, is gone this morning. More than likely got their fills last Friday. L2 remains very thin here
I agree. Great start to the new year here.
New management, New marketing, a fresh start in 2024. Become profitable and avoid S1 registrations, fund the business with profits, instead of taking out more debt. Cancellation of 4.9B in the AS / removing $1.3 of debt from balance sheet is a good indicator that new management is taking steps in that direction. Selling the Ooh La Lemin brand probably was a good move, if it was bleeding cash from the company. Curious to know how much they received from the sale and how the $$$ from sale of the brand was used.
Loading wall still sat at $.0015 at close. Watch it get taken out next week. Profit takers out, lets see this roll next week! A Monday morning PR would be just right. Have a great weekend all, stay warm
Exactly! No reason, unless I am just missing something, to sell at these levels. The loading wall at $.0015 is very telling IMO.
Well time to go do some snow removal.
GLTA, including myself, that has decided to hold position here.
Many of these do bounce back eventually. Kona has the potential for a significant bounce without dilution. Solid news today IMO
$.0014's up and L2 is really thin here!
$.0013's hanging by a thread, maybe a $.0014/$.0015 close?