Kona Gold Beverage Inc (KGKG)

[Vestest]

In my opinion, just with a 7x revenue which is extremely conservative and a Rev conservative estimate at 5M (under 2023 forecasted numbers and just at current Rev pace) Thats a 35M Market Value valuation, stock would be at about .015.

Yes I get OS could keep moving up, but as long as Rev keeps increasing, numbers should eventually work.

My personal though, that 2022 over forecast gave fuel to the bears, but if you really analyze the fundamental, you realize it might have over sold. Stock ran hard with anticipation that 8M was a potential, well that might actually be the 2023 or 2024 actual numbers at the pace they are growing. They recently expanded dustribution towards the southern states.