Kona Gold Beverage Inc (KGKG)

[Lemmiwinks]

I blocked him but judging by your post....Those investments would now require a 6 bagger or more for one to recover....he might actually do it if projections by company are reached. We all just waiting for the companies further execution and strategy shift to big box and big distro...... This is the cleanest OTC company out there.
But to be 1000% clear, we need big established distributors....the mom and pops caused the 2nd Q Anamoly and I for one am close to closing up shop....but not just yet....
But that was expected....however anyone wanting Kona in Vegas now has to deal with me for the next year....quirky Nevada beverage laws....

Let us review the War Map-

Fact: no convertible debt
Fact: only 36 mill restricted ( employee agreements)
Fact: the 764 million outstanding should remain stable for the foreseeable future
Fact: authorized shares is 900 million.
Fact: history of retiring shares
Fact: only preferreds basically left are the CEO’s (for the most part)
Fact: 300k inventory
Fact: large AR
Fact: 600k line of credit...ya don’t see that often in stinky pink land.
Fact: gonna meet high end revenue projection of $2 mill for 2019.
Most important FACT: This stuff is just really good!!!!

My advise to company....take the small mom and pops when they order 4 pallets ore more...but concentrate on the bigger established distributors who already make 99% of their revenue off other brands and have established routes. Don’t introduce new products without retiring laggers....the SKU’s are too numerous for a $2 mill revenue or even an $8 mill revenue company...

It will be a shame if she gets lost in the mix....but she is way ahead and just an absolutely fantastic energy drink!!!was so thrilled when I got a KONA shout out wearing my T at Disneyland.....

The 3rd q disclosure says it all....those who have been here know what we got....growth and serious potential. Problem was the conversions by Quantum Capital and that we were trading on THAT potential to the max....we at a fair 20x right now. It’s gonna explode again for sure....just keep the booked Revenues in sight when ya decide to buy more or not at a given price....
I believe the story is closer to the beginning than the end. Don’t get hurt....don’t pile everything ya have in....but there is solid potential here with a somewhat derisked SP right here in the 4’s. Likely the fundamentals supported bottom of 4 flat.

The clincher is the product is great. The brand is great. Majority of sales are non CBD, but huge upside once Mitch rams through CBD on the upcoming appropriations bills....
It’s been a rough 6 months...the share price suffered,...actually it SUCKS....but this is a stronger company with a lower market cap than when I first bought some..let the bulls run.
The 1920’s are about to repeat themselves....just be sure to cash out by 2028.....
General Rommel
Panzer division
Front lines.