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Monday, November 14, 2022 8:15:44 PM
The issue is simply the damage to and case for retail investors. Dilution is exceeding the growth is and has been a huge drag on the company.
The company has not updated its annual forecast and appears to be a substantial miss. ( forecast 8-10mm likely 6-7).
It is clear there is non retail selling/trading at these very low levels. There is limited AS to draw upon into 2023 so the RS is on the table.
The company does not respond to investor diligence questions. Does not have a shareholder value proposition presentation.
I am looking forward to seeing the next steps but as noted this is all blind right now.
Recent KGKG News
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