Wednesday, April 12, 2023 11:50:10 AM
*Credit Lines of 5M March 30,2023, that is a new line when 10Q went out so full 5M available. (Page 11 10Q)
*Recently $200,000 line of credit on March 7, 2023, the draw of $85,000 from the issuance of $85,000 line of credit on March 9, 2023
This is the year, RC made the move. Notice the uptick in credit line funding rather that dilution issuance of common shares approach. 5M credit line is equivalent to 1.25 Billion shares at .004. They switched financing channels and aren't diluting, we likely still get the conversions coming in but not to fund operations as was done heavily in 2020-2022. 5M credit line (non dilution) should push them through 2023, banks must agree with them going NET positive 2023, that a big credit line. I don't know why no mention of forecasted NET positive for 2023 but that's what 200k cases should get them too. Thinking the goal is aggressive, and their being careful with the PR not pumping. All positive in my opinion on OTC stocks.
Historical facts, lemonade has been know to trend during times of economical depression. This acquisition saved this company.
Recent KGKG News
- Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • InvestorsHub NewsWire • 04/25/2024 12:30:00 PM
- Kona Gold Beverages, Inc. Prepares for First Production Run Set to Launch May 17, 2024 • InvestorsHub NewsWire • 04/22/2024 12:30:00 PM
- Kona Gold Beverages, Inc. Acquires Surge Distribution LLC from Loud Beverage Group, Inc. (LBEV) • InvestorsHub NewsWire • 04/16/2024 12:30:00 PM
- Kona Gold Beverages & Apple Rush Co. Execute Joint Venture & Manufacturing Agreement • InvestorsHub NewsWire • 04/11/2024 01:40:00 PM
- Kona Gold Beverage, Inc. Announces Highest Quarterly Revenue In Company History Surpassing $1.5M In Revenue In Q1 • InvestorsHub NewsWire • 04/09/2024 12:30:00 PM
- Kona Gold Beverages, Inc. Reports Over $3 Million in 2023 Revenues, Anticipates Robust Growth in 2024 Following Covert LLC Acquisition and Product Expansion • InvestorsHub NewsWire • 04/02/2024 12:30:00 PM
- Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • InvestorsHub NewsWire • 03/26/2024 12:30:00 PM
- Kona Gold Beverage, Inc Successfully Acquires Covert LLC, a Leading Multimillion-Dollar CPG Company • InvestorsHub NewsWire • 03/12/2024 01:00:00 PM
- Kona Gold Beverages, Inc. Achieves Current Information Status and Unveils New HighDrate D9 Drink Can Designs • InvestorsHub NewsWire • 03/05/2024 03:32:49 PM
- Kona Gold Beverages, Inc. Unveils Exciting Rebranding: Introducing HighDrate D9 Seltzer Drink Line • InvestorsHub NewsWire • 02/20/2024 02:00:00 PM
- Kona Gold Beverage Announces Participation of New Management Team at SE Petro Show in Myrtle Beach Exhibiting Rebranded Kona Gold Energy Drinks • InvestorsHub NewsWire • 02/15/2024 01:30:00 PM
- Kona Gold Beverage, Inc. Unleashes Exciting Rebrand of Its Popular Energy Drinks - Get Ready for a New Wave of Vitality • InvestorsHub NewsWire • 02/07/2024 02:00:00 PM
- Kona Gold Beverage's Strategic Direction and Shareholder Value • InvestorsHub NewsWire • 01/30/2024 02:00:00 PM
- Kona Gold Beverages, Inc. Signals Strategic Growth with $5 Million Non-Dilutive Credit Line • InvestorsHub NewsWire • 01/23/2024 02:00:00 PM
- Kona Gold Beverage, Inc. Eliminates $1.3 Million In Debt and Reduces Authorized Shares by 4.386 Billion • InvestorsHub NewsWire • 01/18/2024 02:00:00 PM
- Kona Gold Beverage, Inc. Announces Sale of Ooh La Lemin Lemonade Brand • InvestorsHub NewsWire • 10/04/2023 01:00:00 PM
- Kona Gold Beverage, Inc Partners with Cottonwood Distribution in Utah to Distribute its Ooh La Lemin Lemonades • InvestorsHub NewsWire • 07/25/2023 01:00:00 PM
- Consumer Automotive Finance, Inc. Appoints Experienced CEO in Consumer Packaged Goods to Build Company into a Sports and Nutrition Powerhouse • InvestorsHub NewsWire • 07/12/2023 01:45:00 PM
- Kona Gold Beverage, Inc Partners with Bibb Distributing to Distribute Ooh La Lemin in Georgia • InvestorsHub NewsWire • 06/21/2023 01:00:00 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM