Kona Gold Beverage Inc (KGKG): news from the sister company

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justhefax

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Wednesday, 03/14/2018 8:06:10 PM

Wednesday, March 14, 2018 8:06:10 PM

news from the sister company -

they retired 200mm shares. mgts still are very close - RC is President of Vate and Ryan is CFO of KGKG....so could another possible action-upcoming be retirements of KG shares ? :)
Note - again a statement about mgt commitment to shares.

ORLANDO, FL. -- March 13, 2018 --InvestorsHub NewsWire -- Elev8 Brands, Inc. (USOTC Pink: VATE), a holding company focused on the commercial development of hemp and CBD-based products including hemp coffee, tea, E-juices, CBD Lotions and CBD Tinctures that target the health and wellness markets, is pleased to announce the retirement of over Two Hundred Million (200,000,000) shares of common stock by the Company’s Management Team.

The Company has been working diligently to maintain a solid share structure to help increase shareholder value. Elev8’s management team was able to negotiate the retirement of over Two Hundred Million (200,000,000) shares of common stock. The current Issued and Outstanding as of March 13th, 2018 is 363,232,031.