Tuesday, March 13, 2018 4:42:19 PM
Do you really think coca cola’s beverage incubation unit would
Be interested in KRED if it weren’t at the proof of concept phase of product development. Look at the strategic alliance partners, look at their distribution capability.
I’ve visited the coffee farm where KRED sources it’s coffee fruit and beans on the big island; it dosent get more real than that. I’ve met the owner of that farm; he buys and sells the majority of Kona Coffee branded fruit and beans, acting as a wholesaler for many small (5 acre) farms. His farms are large +100 acre. KRED has a working relationship with coffee production that will meet the demands of the RTD coffee space.
We will see revenue updates and product releases as demand for KRED RTD cold brew increase through the strategic alliance. Or the market may reject the product...But market research shows growing YOY increases the the demand for RTD cold brewed bevs.
Don’t expect the co to spend money on uplisting and sec reporting until coke buys 30-40% of the co and we start seeing kred on Coke’s distribution trucks, or coke buys the co outright, which won’t happen until KRED is 10+ annual revenue.
I think 2017 total was around 3.5 mil and they projected a large YOY increase in 2018 during the last conference call when they reported qtrly revs of 350k - 450k.
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