Kona Gold Beverage Inc (KGKG)

[TucsonPhil]

The company has went from an emerging growth startup, with Ooh La Lemin, to become a VERY old startup with no large distribution deals again.

I did not believe that Ooh La Lemin was going to become a great hit, but I believed that it was a socially acceptable product for Walmart, being used by Kona, as a foot in the door to get the energy drinks on the shelf.

Without a competent producer, and distribution network, there will be backorders and empty shelves. Walmart will NOT tolerate empty shelves!

From my inventories, seemed like distributors were doing multiple grocery deliveries (Albertson's, Pick n Save) during a week, but only once a week to Walmart.