Wednesday, March 21, 2018 1:20:44 PM
First off, this stock most definitely reacts to financial news, as many do. Mid November 2017 we saw news that the company reduced costs by 33%, and increased quarterly revenue by 62%. In December we saw news the company eliminated all debt. Looking at the chart, you can see mid November we were at around .005, we ran > .02 by early January, just off of this FINANCIAL related news. If this isn't conclusive evidence this stock reacts to financials, then nothing will suffice to ignorant investors.
I also found something in late August 2016, I never noticed before. The company was in talks with an Indian company for international distribution, which I found extremely interesting. I also saw a news release in 2016 that Robert Clark stated they were pursuing an uplist because some of the larger retailers require a higher stock market to be considered as a vendor, since the higher markets validate the company both financially and hold to a higher standard.
Lastly, there is a pattern of Robert Clark providing transparency to shareholders, and even attempts to add shareholder value by retiring shares in 2015, reducing debt in 2017, including the use of their own personal funds. I also noticed the slew of new distributors in just a year, as well as all the trade shows Robert Clark goes too. I think we are in a real good spot here, and when financials release in the next 2 weeks, we will all be very happy. I think alot of people are missing all of the reorders and all this new distribution news. We could literally see quadruple revenue growth in a single quarter. I mean that $50,000 buy in Q4 for a distributor reorder is huge, not counting every other purchase by distributors, direct sales, etc... I can't wait to see what the CEO letter says as well, as I think we are very very close to uplisting as well.
Go KGKG!!!
Recent KGKG News
- Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • InvestorsHub NewsWire • 09/10/2024 05:30:00 PM
- Kona Gold Beverages, Inc. Nears Completion of Reverse Merger with New Candidate • InvestorsHub NewsWire • 08/12/2024 02:00:17 PM
- Kona Gold Beverage Inc. Signs Letter of Intent with Bemax, Inc. to Sell Kona Gold, LLC • InvestorsHub NewsWire • 08/07/2024 02:00:00 PM
- Kona Gold Beverages, Inc. Announces Strategic Initiatives and Corporate Direction Changes • InvestorsHub NewsWire • 08/02/2024 06:00:00 PM
- Kona Gold Beverage Significantly Reduces Debt from Multiple Holders • InvestorsHub NewsWire • 07/31/2024 01:00:00 PM
- Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • InvestorsHub NewsWire • 07/17/2024 01:00:00 PM
- Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • InvestorsHub NewsWire • 05/08/2024 12:30:00 PM
- Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • InvestorsHub NewsWire • 04/25/2024 12:30:00 PM
- Kona Gold Beverages, Inc. Prepares for First Production Run Set to Launch May 17, 2024 • InvestorsHub NewsWire • 04/22/2024 12:30:00 PM
- Kona Gold Beverages, Inc. Acquires Surge Distribution LLC from Loud Beverage Group, Inc. (LBEV) • InvestorsHub NewsWire • 04/16/2024 12:30:00 PM
- Kona Gold Beverages & Apple Rush Co. Execute Joint Venture & Manufacturing Agreement • InvestorsHub NewsWire • 04/11/2024 01:40:00 PM
- Kona Gold Beverage, Inc. Announces Highest Quarterly Revenue In Company History Surpassing $1.5M In Revenue In Q1 • InvestorsHub NewsWire • 04/09/2024 12:30:00 PM
- Kona Gold Beverages, Inc. Reports Over $3 Million in 2023 Revenues, Anticipates Robust Growth in 2024 Following Covert LLC Acquisition and Product Expansion • InvestorsHub NewsWire • 04/02/2024 12:30:00 PM
- Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • InvestorsHub NewsWire • 03/26/2024 12:30:00 PM
- Kona Gold Beverage, Inc Successfully Acquires Covert LLC, a Leading Multimillion-Dollar CPG Company • InvestorsHub NewsWire • 03/12/2024 01:00:00 PM
- Kona Gold Beverages, Inc. Achieves Current Information Status and Unveils New HighDrate D9 Drink Can Designs • InvestorsHub NewsWire • 03/05/2024 03:32:49 PM
- Kona Gold Beverages, Inc. Unveils Exciting Rebranding: Introducing HighDrate D9 Seltzer Drink Line • InvestorsHub NewsWire • 02/20/2024 02:00:00 PM
- Kona Gold Beverage Announces Participation of New Management Team at SE Petro Show in Myrtle Beach Exhibiting Rebranded Kona Gold Energy Drinks • InvestorsHub NewsWire • 02/15/2024 01:30:00 PM
- Kona Gold Beverage, Inc. Unleashes Exciting Rebrand of Its Popular Energy Drinks - Get Ready for a New Wave of Vitality • InvestorsHub NewsWire • 02/07/2024 02:00:00 PM
- Kona Gold Beverage's Strategic Direction and Shareholder Value • InvestorsHub NewsWire • 01/30/2024 02:00:00 PM
- Kona Gold Beverages, Inc. Signals Strategic Growth with $5 Million Non-Dilutive Credit Line • InvestorsHub NewsWire • 01/23/2024 02:00:00 PM
- Kona Gold Beverage, Inc. Eliminates $1.3 Million In Debt and Reduces Authorized Shares by 4.386 Billion • InvestorsHub NewsWire • 01/18/2024 02:00:00 PM
- Kona Gold Beverage, Inc. Announces Sale of Ooh La Lemin Lemonade Brand • InvestorsHub NewsWire • 10/04/2023 01:00:00 PM
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