Kona Gold Beverage Inc (KGKG)

[jagmanjoe]

While I agree with you about having more revenue streams, we do have to recognize that it also requires more product inventory on hand which also means more warehouse space required. Perhaps that at least partially explains why they needed to raise all that extra cash.

The additional products and rebranding does at least ease my concern about Kona trying to become more of a distributor and abandoning the drink manufacturing lines. There is also still potential, in my mind, of them spinning off Gold Leaf as a separate company. Remember a while back Gold Leaf did acquire a shell company and there had to be a reason for that.

Finally, I believe that while RC is trying to provide some insight about where the company is trying to go, he has to be gun-shy from when this downhill slide started and there was big talk about Winn Dixie. There has not been any real talk of that lately but perhaps the rebranding of Kona products is the final piece of the puzzle to jump start that one among other potential deals and RC is just now being more cautious and not wanting to announce anything until the deals are done.

While I am down considerably, I have lost so much that it makes no sense to sell and I have actually been accumulating a little here and there to try and lower my cost basis and try to have faith in RC and his management team.

Best of luck to all of you for the New Year wherever you are invested!