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Wednesday, April 01, 2020 4:35:48 AM
Here is response I received from KONA IR:
Brian,
Thank you for reaching out to us.
The Company is still working with the grocery chain, which is a very time consuming process. That process has now been extended due to the Coronavirus, but we will update shareholders once that is finalized and the Company begins a rollout.
In the beverage industry, the first and second quarters of the year is the peak season, which brings in more revenue. The third and fourth quarters are the slower seasons, the 4th quarter being the slowest. Many shareholders do not understand this and believe revenue will just continue on an upward trend throughout the year, but this is not the case, not just for Kona Gold, but for the industry as a whole.
The Company hit it's projected revenue for 2019 and is very confident it will hit it's 2020 revenue projections as well.
Thank you again for reaching out to us and stay safe.
Best Regards,
Investor Relations
Kona Gold Solutions, Inc.
844.714.2224
www.konagoldhemp.com
www.highdrateme.com
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