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This looks to be a new acquisition opportunity, I don’t recall this company ever being mentioned. They’ve been on an acquisition spree lately, feels like they are building something big IMHO.
Looks like I do have a good imagination, the Yield sign has been remove and KGKG is now current. Great news and heading in the right direction.
Noticed that too. It did remove the Dark and Defunct tag, so step in the right direction. I imagine the yield sign will be removed soon too.
With several days of huge gains, there’s always going to be some consolidation, trading 101. Only weak hands would sell now with all this momentum.
Justthefax, interesting is right. Congrats to those who took the risk and loaded up at .0004 and .0005. 100% return!
Looks like you’re right about Gold Leaf being closed, check out their website, goldleafdist.com.
Man, I hope they follow through with that new can design. That design is money and will launch this brand IMHO.
GLTA
You can trade how you want to trade, but there’s definitely money to be made here. I’ve always said, never fall in love with a stock. This is definitely not a long term hold, it’s a day trading stock IMHO
Interesting trading and really high volume this morning. Good money to be made swing trading this.
I was about to post the same thing…finally!! Would love to see this back in the 3’s!
He’s going to need some bigger news other than adding distributors, that doesn’t seem to be moving the needle anymore.
Still think this is undervalued. If we can break through .0025, where the resistance is, I think this will move up some, IMHO
Looks like Clark is on a tweeting rampage this morning. I think his latest tweet answers your question Luho, wonder if he’s following you lol
Some nice end of day buys too!
I had to look at this chart that you guys are so hung up and it looks similar to a chart Clark posted in April. Looks like it’s directly from Walmart, don’t think they made these.
Also, the chart shows they did $5k in sales last year with Walmart and are at $75k this year. That’s a 1,400% increase. What’s the problem with that, please explain?
Just looking at the share structure, CAFI’s float is only 51M shares! This thing is tight, a penny might be the right entry point.
I’ve been in KGKG for a really long time and the news of Clark becoming CEO of this company is a very interesting play. Can’t wait to see how this unfolds.
Agree! This could get very interesting, especially if they bring everything under one roof. I can see both companies benefiting from this. Hopefully more news will follow from both companies.
10Q is out. First thing that stood out to me was revenue increase from $995k to $1.275m compared to previous quarter with a net loss of $1.6m compared to a net loss of $3.5m last quarter. Seeing that net loss shrink by more than half is a step in the right direction.
Using current numbers, they need to do $6m in revenue to break even, so still a ways to go.
With warmer weather and summer months coming, it’ll be interesting to see how well they do in all these stores. I think we’ll see a big increase in sales. I’ll be watching the end of Q2 and Q3 for a big jump in numbers.
Thorough DD is how I found my info and jumped in at $2. Definitely happy with my ROI this week, hope others took advantaged as well. GLTA
Just do a Google search on Pyxs and Nancy Pelosi. She’s not the only one buying it up.
Target price is $12-$16. Nancy Pelosi’s husband just scooped up a bunch of PYXS and he somehow always has the inside scoop on stocks ;)
Phil, this is awesome information. I could see you selling this as a service to companies, not just beverage companies.
From what we’re seeing, I think Q1 numbers will be good, but Q2 numbers are going to blow everyone away and this thing will fly, IMHO
Speaking of stores carrying it, did you guys see this tweet? Right nexts to Prime, which has been blowing up!
When your product does amazing, you get more space in prime locations! Ooh La Lemin at Walmart in Jefferson, WI. Our lemonades are taking over! $KGKG #OohLaLemin #Lemonade pic.twitter.com/N9zXLmGFZH
— Robert Clark (@RobertClarkCEO) March 20, 2023
If they are selling lemonade up in Alaska in the winter, then this brand definitely has potential!
Appreciate all the updates, looks like the lemonades are finally rolling out to Walmarts.
Can you show us in the press release where it says this?
It states their team “officially” launched the lemonades with the Kona team. Nothing about them being a new distributor.
ALKM has no impact on KGKG, I hope you understand that. ALKM can go done in a blaze of glory and KGKG won’t skip a beat.
You do realize AKLM only copacks their HighDrate, which is a very small portion of Revenue. Lemonades and Energy Drinks are copacked elsewhere and make up the majority of their revenue. I wouldn’t be surprised if they discontinue HighDrate with such strong growth from Ooh La Lemin, which seems to be their focus.
If you take time to read the boards, you’ll see the lemonades are in many Walmarts in several states.
Fully reporting Co with the SEC and growing revenues every year…not sure that qualifies as a scam pump and dump, Junebug lol
I was counting new distributors, so considered them as 1. If you’re counting states, then 3 new states added, which I think is a big win with 1 distributor.
I’ve counted 5 new distributors they’ve added this year. I’d consider that a pretty solid start.
We had 11-12 days of buying going from .002 up to .008, then settling back to where we are now. Healthy consolidation is happing right now and we’ll sit here for a bit until they release some solid news which will help drive this up to the next consolidation point, IMHO.
It’s called taking profits. If you marry yourself to ANY company, that’s when lose money. Like I’ve said, if you know how to trade, you can make some great money here.
Congrats to those who bought in the dip, easy money today.
Looks like a group sold off this morning and took profits, can't blame them. She bounced back nicely though, which shows some strength.
We are a couple press releases from hitting a penny. Hopefully they put out some good news next week.
Exactly! Congrats to those you bought in the .002s and taking huge profits.
I was thinking we’d be back at a penny by the end of the month, but that could very well happen by tomorrow.
This thing has been way undervalued and with the previous selling pressure gone, it’s moving back to where it should be.
With current financials, this should be in the $.013-.016 range, IMHO. That would be a market cap of $27m on the high side.
No real volume? Are we watching the same stock. Over 30m shares traded a couple days ago, over 20m shares yesterday, and already over 12m shares today. That’s great volume and it’s the best BUYING volume this stock has seen in a year or two.
3 million share wall at .006 getting taken out. Strong buying today. Could be back up to .0075 by the end of the week and .01 by the end of the month, IHMO
The PR states the $250k is “net income”, that’s after expenses, so not weird math. So, they are saying, $4.5m in revenue - expenses = net income of $250k. At the end of the year, the Co would be in the green $250k. A step in the right direction.
I actually found it an extremely informative PR and an insight into what’s going on with the Co. Not sure how that’s odd. Should they not update shareholders? I think you feel so burned by the Co, you’ll never see any positivity in any of their PRs.
Just an FYI, a good friend of mine works in public relations, and you have to get approval from companies for press releases and some don’t allow it for various reasons. They’ve omitted company names in the past and I was curious as to why myself.
Share structure is looking really good here. I don’t think there are enough eyes on this and it’s flying under the radar. One solid press release and this thing takes off, IMHO
HAHAHA…yes, this!