Kona Gold Beverage Inc (KGKG)

[gman3]

A couple things on your synopsis as there are an endless number of "scenarios" that exist as this company goes forward on publicly traded markets. It might be helpful to understand financial reporting times as their Q4 report will be part of annual report filing, so we're in even more dire shape as that won't come out until the end of March.

If the company does execute on 10% additional revenues in Q3 that would be a pretty decent indicator of performance as they were up over 150% the previous quarter. It's really about sustainable growth rates, so keep things in perspective. I would be pretty happy with 10-20% growth in this quarter as the company would be executing as stated by the CEO. Let's also keep in mind that 40% growth in this quarter would be a very significant milestone.

As far as the share price levels you are speaking about, the chart would probably differ with you as there are some pretty significant resistance levels in place at 0.04 and above. There would have to be some major breakdowns in what we already know to even approach those levels. If there are folks that lack the fortitude and intelligence to hold their shares and try to gamble on the tax loss to buy back at a lower level by waiting the thirty days to hope the price goes down, I wish them luck. Also the charts are indicating we're at oversold to levels that have not been this low since the shares traded at 0.05 - how many sellers are left?

There is a lot more evidence to indicate we will remain here or go higher in the next 3-6 months, possibly substantially higher. So pick your "scenario" and invest accordingly. I think the stock has ample traction without the FDA regs. Any clearance of the ambiguity only makes it easier for KGKG to expand.

GLTA