Kona Gold Beverage Inc (KGKG)

[allenc]

I don't believe KG is looking to be acquired but rather to build a stronger company. Maybe after they establish proven sales and strong revenue growth and better capital structure, a significant buyer could throw out an offer that won't refused.

Key Highlights:

Strategic Credit Line: The $5 million non-dilutive credit line will be used for production growth, market share expansion, and potential acquisitions.
Preserving Shareholder Value: The credit line is structured to safeguard shareholder value by preventing conversion into shares of the company.
Transparency Commitment: Management is fully committed to transparency and will keep shareholders informed regarding the share structure and any potential conversion developments.
Responsible Financial Stewardship: The new management team is focused on eliminating conversion possibilities within its control and seeking funding sources aligned with shareholder interests.