Kona Gold Beverage Inc (KGKG)

[Squeezer]

The S-1 was mainly explained in the April News letter:

Kona Gold Beverage raised an additional $1.5 million in capital in early 2021. Portions of the proceeds from this current round of funding were used to acquire S&S Beverage (Lemin Lemonade). The remaining proceeds will be used for product production, expanding the Company's national sales team, growing our distribution footprint, expanding our market share, and on going business operations. The Company will be hiring regional sales reps that will be tasked to grow sales within our distribution partners' territories by working on-site with each distribution partner's sales team. Additionally, Kona Gold has partnered with several beverage brokers who have relationships with national and regional chains. These brokers provide the Company with additional sales power by utilizing their established relationships with buyers in key markets and chains.