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The mktg we’ve been running for our partners at @blueacornco & @elev8withus have been a huge success. Despite reports that PPP has run out of funding, our partners still have access to funds! We are one of the very few left so our campaigns continue! $BZWR
— Rhett Doolittle (@RhettDoo) May 7, 2021
Pot sector is rebounding very well today. Kona hasn’t been moving with the sector whatsoever, but never know if one day it will. TLRY getting their analyst upgrade seems to have really boosted quite a few around the area. Big boards look nice, and most of the OTC are green also (but on a lower scale).
TDA showed CFGN between $0.0300 and $0.0310 yesterday afternoon, but not in the morning session.
I think this is the playbook also.
Would love to see sustained increase in share price up to a nickel (the higher warrants), but realistically expecting it to take time.
Last update was very good. But not earth shattering. We are still in the “maybe this will open the door” phase. Once we get beyond that phase and into the continued distribution and chain deals for Kona/Lemin/Highdrate, it will be a different story. For the better.
Anything under $0.03 should be a solid buy due to lower warrants at that price. But semi-low volume would probably make it a slow grind for anybody trying to flip around the warrants for 10-20% gains, depending on entry price.
I’ve got a friend who was in KGKG from 2017-19. He’s looking to get in. My advice to him after he asked, was to buy under $0.03. Sell initial investment between $0.04 and $0.05. Free roll the remaining shares. And then add more if retraces back. If not, enjoy the free ride. Cant lose if it plays out like that.
Could be hard to do tho. We missed out on the otc run this winter. Couldn’t sustain anything significant to make up for the retrace over the last ~20 months.
Just the way it is. Going to have to wait it out until they announce non-Gold Leaf deals. Shareholders aren’t looking for secondary products via gold leaf. They’re looking for actual products from Kona.
Don’t get me wrong, revenue is revenue. But nobody is going to be thrilled about distribution of boxed water via gold leaf. It’ll be the Kona, highdrate, or Lemin deals that make more noise from a shareholder and share price perspective.
This.
Too many shares out there. Gonna take some big deals for Lemin, Kona, or HIGHdrate to shake this funk we are in.
Pretty sure trolling for trout is correct that it was simply a large sell at market order. They had it flashed on L2 just prior for around 1M shares, then it dumped on the market and was gone. Taking out the bid support (at that time) until it was sold off
https://www.sec.gov/Archives/edgar/data/1802546/999999999521001773/9999999995-21-001773-index.htm
I believe this is what you’re referring to. It appears to be seeming the POS AM from 5/3 effective. If you click the link under “reference account no”, that is what it takes you to
That was an solid write up. I’m impressed with his devotion. Seems like a person who truly wants to do well and make a difference
Decent chance at getting that test before close today
Not that I saw. Didn’t hit mobile version of TDA
“Words like this better create a green close! Enjoy...”
Well yes it was indeed a green close. Closed up over 10% for the day after that press release on the morning of the 3rd.
Appreciate it. Better than nothing. That’s for sure.
I’m crossing my fingers that Lemin is included on the items GL is distributing to Target. Not sure if GL or KG will confirm which items are being stocked in those Target locations.
I have read every PR Kona has ever put out, but I can’t recall one that’s been specific to just Gold Leaf only, in regards to their new clients. My memory could be betraying me though.
For sure. This has potential to be the break everybody has been waiting for
That’s new to me as well. Love it.
Great update, puts them on track for their 2021 goal. With lots of room to the upside if they land a couple large deals.
Been seeing a lot of fast food joints (Sonic being a big one) teaming up with Red Bull or other energy companies to make new drink specials. Would be cool if Kona could do likewise with some smaller level chains. Maybe sell to them at a discount equivalent to the lowest margin possible Kona could afford for the deal. It wouldn’t capture much revenue for Kona, but would be huge for exposure. Any kind of summer time food chain would work. Could even be regional in the eastern seaboard or southeast; the areas Kona is currently focused on.
Very true. And thanks for the response. That’s definitely a potential roadblock to keep in mind. As a shareholder, I guess if they sell their supply and have issues getting more product, it’ll be a bittersweet moment. On one hand, it’ll be proof that they’re selling product at a decent clip again; but on the other, it’ll be a tough handicap to swallow when/if it limits sales and revenue. Appreciate the added insight Tes.
Another note:
For 2019, KGKG reported $1.6M in revenue from Kona Gold, LLC.
For 2019, KGKG reported $83k in revenue from Gold Leaf.
The goal for 2021 revenue from Kona’s energy drinks and waters should be to eclipse the 2019 number of $1.6M.
Lemin should eclipse their 2019 numbers as well. Which would put them at $1M+
Those should be attainable goals. And then you hit that $2.5M low range 2021 goal overall. The Gold Leaf sales boost you to $3.5 - $4M, and you show that you exceeded your projections.
This is extremely realistic. And Covid (or anything else) shouldn’t be used as an excuse if underachieved. This is the year to launch forward. The economic setup is great right now. The difficult year of 2020 is a thing of the past; let’s move forward
Hope you’re right. I know you do business with Kona, but unsure if your post is based on something they’ve told you or just your hunch. Ryan Dodd (ski jumper) was in the Facebook group pumping the stock earlier this year, but he acknowledged it had nothing to do with anything he knew as being a sponsored athlete of theirs. Stock didn’t react as he was hoping and is down about 50% since. Unrelated to your situation, but something that stuck out.
Not near enough to justify the share structure (now & future). Lemin was doing $900k annually 2 years ago already. Need to see that grow to $2M+ this year IMO. With Gold Leaf at $1M+. Kona products should be $1M+ as well. These are conservative numbers from where I sit. Could easily make that case that Kona products should be $2M+ on their own this year. So $500K from all sources would be a start, but need to see it double in Q2. The problem as shareholders is that we are about to get a wave of shares dumped on us if YA II wants to. Pretty concerning. It’s a set up for sub penny and reverse split if RC can’t ramp things up. No signs of such expansions yet.
Tourism season technically starts this weekend throughout the south. RC needs to execute on a plan to capitalize off of this. We are going to see a summer of big consumer spending. Get those drinks on as many shelves as possible. Currently on an island vacationing myself, and the local convenience stop has THREE fridges of energy drinks as the very first items when you walk in the door. They wouldn’t be there if they aren’t selling. Those companies know business.
At least the pot stocks are moving nicely. Kona stuck in the mud, but the sector looks healthy
That’s disgusting.
If any potential shareholder uses twitter to check on companies, I can guarantee you that what their social media team just did would be a major turn off.
They really need to get their stuff together. This is embarrassing
The shareholder sent proof that they’ve been backing Kona on twitter since 2017.
Obviously they took it as a troll job also. Which anybody who uses twitter, and especially stock twitter, would see it the same way.
Kona just can’t seem to quit tripping over their own feet. Maybe they cannot walk and chew gum at the same time after all
Another response in that thread from Kona, after the shareholder posted a protected tweet:
“We appreciate the support simple man! Have an awesome day!”
If Kona cares about their shareholders and social media presence, they have to never do stuff like this again. If you respond to shareholders on social media, better make sure it’s positive or neutral.
IR won’t respond to Frank’s email, but social media has no issue trolling loyal shareholders publicly?
1st tweet (via Kona):
? Step 1. Pack cooler full of Kona Gold hemp energy drinks.
? Step 2. Do the 3-point-pocket-pat.
? Step 3. Head out to your favorite summer hangout.
Order Here: konagoldhemp.com
April Giveaway: gleam.io/uuph6/monthly-…
2nd tweet (via shareholder):
Step number 1. Get the stock price up
$KGKG come on Robbie!
3rd tweet (via Kona):
*Social Media team reading stonks tweets*
(Then Kona posted a gif of a skeptical looking dog)
—- to me, they’re trying to imply social media team doesn’t do stock awareness. But yet at the same time they use the word “STONKS”....
Just dumb, don’t hit the send button
It’s a chain thread on twitter. Not sure I can quite explain it in text. You’ll have to just check their twitter. Essentially, they’re trolling the account who has been their longest twitter promoter. Another pretty bad look, IMO. Could easily make a person think they do not care about shareholders
*Social Media team reading stonks tweets* pic.twitter.com/LIhhX6fd1E
— Kona Gold Beverage | $KGKG (@KGBeverage) April 28, 2021
“2021 is going to be a breakout year for KGB and Monday can’t come soon enough! We appreciate each and every one of our shareholders and wish you all a Happy New Year! We have so much exciting news that we’ll be rolling out starting the first of the year!
$KGKG #Thewaitisover”
- Robert Clark 12/31/20
Absolutely nothing regarding Kona since then. Only Lemin, and that was just for a brief moment.
I’ll be optimistic when I see progression. Need to see it though.
Spot on. Often times I look at how horrible it’s been for share holders over the last 20 months, and think it has to get better. But at the same time, I believe the drop in price is fully justified based on how backwards the company went. Would like to end up adding more shares, but I won’t until they do something positive. Show us the improvement. Don’t just force people to hope and believe blindly.
Even with Lemin, we’ve now went quite a while with no updates. Is that product going to go the same route and die off? Where are Selinger and O’Renick? Those guys were supposed to be hires who would really get the company rocking...
Guess we just have to get used to crickets
Sorry. I was responding to a post. So you’d have to read that post to see where my thought process was coming from. We absolutely need RC to continue as CEO. If he sells out, it could be a very bad thing IMO
The issue with RC no longer being CEO is all the shares he has owed to him. Once he’s no longer CEO, you can probably bank on him converting those 400M+ shares and being content selling on the market. And then new ownership doing a reverse split after those shares are liquidated.
Just my thinking, if I were in that position
Fully agree about doing both. The problem is, they haven’t shown the ability yet. Flagship items took a hit before Covid. Can’t emphasize that enough. Management needs to acknowledge it, and show how they’re fixing the issue. Which I haven’t see yet. Unless I missed something
On mobile. Going to need you to reply to your post so I can reference it
Clark has to own this 100%. Not sure he cares about those who have supported his publicly traded company. Seems content to just stay afloat and dilute the shareholders. Where’s the company progression? Blind faith or hope is the only thing investors here can cling to.
Company went backwards. Then silent. Then bought a lemonade company. And now seems to be focusing on lemonade and distribution more than their flagship products. Lot of older shareholders have disappeared because of it. Can’t blame them one bit.
In a time during an absolute BOOMING stock market, KGKG has gone in reverse. Nobody to blame but the company. Covid isn’t an excuse anymore. Especially not after KGKG’s CEO reiterated they’d still hit 2020 projections, then came up well short, and blamed it on Covid even tho he claimed they’d make projections during the middle of Covid..... take it as you will
Hope so! I’d like to see something positive.
And being based out of Florida, Kona is in the perfect spot to capitalize off of the tourist season. I’m down on the gulf, and it is absolutely hopping. Much busier than it was 2 summers ago. Everybody has cabin fever and enjoying themselves now if they can.
Get Kona on the shelves in the beach towns ASAP. That would be my #1 priority. No waiting either. Needs to be done yesterday.
You ready for some PRs?
Ha. Even with the heads up, it still make my heart drop a little when I saw TDA had over 6 figures in dollar value removed from my account early this morning. It resolved once I refreshed though.