Kona Gold Beverage Inc (KGKG)

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Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue GoalPress Release | 03/26/2024
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

PR Newswire

MELBOURNE, FL, March 26, 2024

New HighDrate D9 Energy seltzer images on x.com

MELBOURNE, FL, March 26, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a dynamic holding company specializing in product development within the better-for-you and functional beverage sector, proudly joins in the announcement of Covert LLC's latest advancements, poised to redefine industry standards and bolster shareholder confidence.

Under the astute leadership of visionary entrepreneur Jared Fisher, Covert LLC unveils its newest offerings, notably the long-awaited Federally Legal D9 Gummies. These groundbreaking products represent a pivotal moment in Covert's steadfast dedication to providing consumers with premium hemp-derived goods that adhere to the most stringent standards of safety and excellence.

Covert LLC takes great pride in introducing its long-awaited eCommerce platform which will be going live in the coming weeks. The new site is crafted to offer a seamless and intuitive user experience. This strategic overhaul not only elevates customer engagement but also underscores Covert's unwavering commitment to digital innovation and accessibility.

"We are excited to unveil these significant enhancements, which underscore our ongoing dedication to excellence and advancement," commented Jared Fisher, CEO of Covert LLC. "With the introduction of our Federally Legal D9 Gummies and the up-and-coming eCommerce platform, we are poised to elevate consumer satisfaction and drive sustained growth."

In addition to these remarkable developments, Kona Gold is pleased to reveal the highly anticipated images for HighDrate's New D9 Energy Seltzer, featuring the first of many enticing flavors - Blue Raspberry and Pina Colada. Visit x.com/kgbeverage to stay up to date on the company and view the new designs.

Jared Fisher's strategic acumen and unwavering commitment have been instrumental in guiding Covert LLC to remarkable growth and success. Alongside his esteemed business partner, Elliot Eichler, Jared has fostered a culture of innovation and excellence that permeates every facet of Covert's operations.

Elliot Eichler, Co-Founder and COO of Covert LLC, brings a wealth of experience and expertise to the company. With a diverse background spanning various industries, Elliot's pragmatic leadership approach and relentless pursuit of results have been pivotal in shaping Covert's trajectory and driving its expansion.

"We remain steadfast in our commitment to expanding our product portfolio and enhancing accessibility for our customers," affirmed Jared Fisher. "The redesigned eCommerce platform plays a crucial role in propelling Covert forward, complementing our upcoming user-friendly website."

As Covert LLC continues to pioneer innovation and diversify its offerings, shareholders can anticipate sustained growth and value creation. With an unwavering dedication to delivering premium, health-conscious products, Covert LLC is positioned for continued success in the dynamic hemp-derived goods market.

About Kona Gold Beverage, Inc.
Kona Gold Beverage, Inc., operates as a holding company in the beverage industry. Through its subsidiaries, Kona Gold LLC and Covert LLC, it offers a diverse range of healthy energy drinks and products. Kona Gold's premium line of energy drinks caters to health-conscious consumers, alongside its innovative HighDrate D9 Drinks. Covert LLC specializes in high-quality products, including Delta-8, THCa, THC-P, and Kratom. Headquartered in Melbourne, Florida, Kona Gold Beverage, Inc. is actively engaged in expanding its market presence through strategic acquisitions.

Investor Relations Contact:
Phone: [phone]
Email: [e-mail]

For more information regarding Kona Gold Beverage, please visit: https://konagoldbeverage.com/

Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.

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SOURCE Kona Gold Beverage, Inc.
https://www.otcmarkets.com/stock/KGKG/news/Kona-Gold-Beverages-Inc-Strategic-Advancements-Covert-LLC-Introduces-Federally-Legal-D9-Gummies-and-Revamps-Innovative-e?id=434365



Kona Gold Beverages, Inc. Achieves Current Information Status and Unveils New HighDrate D9 Drink Can Designs

PR Newswire

MELBOURNE, Fla., March 5, 2024

Company actively engaged in negotiations with multiple acquisition candidates

MELBOURNE, Fla., March 5, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a dynamic holding company specializing in product development within the better-for-you and functional beverage sector, is proud to announce that it has obtained Current Information Status in an expedited manner, rectifying previous management's oversights. This achievement underscores the company's commitment to transparency and regulatory compliance, laying a solid foundation for future growth and expansion.

In addition to this milestone, Kona Gold is excited to unveil the eagerly anticipated new can designs for its flagship product, the HighDrate D9 Drink. These innovative designs reflect the brand's dedication to quality, creativity, and consumer appeal. The sleek and modern aesthetic is poised to captivate both existing fans and new customers alike, further solidifying Kona Gold's position as a leader in the functional beverage market.

Furthermore, Kona Gold is actively engaged in negotiations with multiple acquisition candidates. These candidates are revenue-generating and profitable multimillion-dollar companies that offer synergistic opportunities to enhance Kona Gold's portfolio and accelerate its growth trajectory. Importantly, the company anticipates signing letter of intents and acquisition agreements with these candidates as early as next week. These acquisitions will not only augment the company's product offerings but also bring onboard seasoned management teams, bolstering Kona Gold's already formidable talent pool.

"We are thrilled to achieve Current Information Status and unveil our stunning new can designs for the HighDrate D9 Drink," said Brandon White, Chairman of Kona Gold Beverages, Inc. "These developments represent significant milestones in our journey to deliver exceptional products and drive shareholder value. Additionally, our ongoing negotiations with potential acquisition targets underscore our commitment to strategic expansion and positioning Kona Gold for long-term success."

Stay tuned for further updates on Kona Gold's progress and developments as the company continues to innovate, grow, and evolve in the dynamic functional beverage market.

For more information regarding Kona Gold Beverage, please visit: https://konagoldbeverage.com.

About Kona Gold Beverage, Inc.

Kona Gold Beverage, Inc., a Delaware corporation, operates its wholly-owned subsidiary, Kona Gold LLC. Kona Gold, LLC has developed a premium Hemp-Infused Energy Drink line; please visit its website at www.konagoldhemp.com. Kona Gold is located on the east coast of Florida in Melbourne.

Safe Harbor Statement:

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.

Investor Relations Contact:
844-714-2224
[e-mail]

View original content:https://www.prnewswire.com/news-releases/kona-gold-beverages-inc-achieves-current-information-status-and-unveils-new-highdrate-d9-drink-can-designs-302080212.html

SOURCE Kona Gold Beverage, Inc.
https://www.otcmarkets.com/stock/KGKG/news/Kona-Gold-Beverages-Inc-Achieves-Current-Information-Status-and-Unveils-New-HighDrate-D9-Drink-Can-Designs?id=432452



Kona Gold Beverage's Strategic Direction and Shareholder Value

ROCKLEDGE, Fla. , Jan. 30, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a dynamic holding company specializing in product development within the better-for-you and functional beverage sector, is excited to share an update from its new management team.

Dear Valued Shareholders,

We're reaching out with significant news from Kona Gold Beverage. We're embarking on a new phase focused on revitalizing our operations and driving tangible value for you, our shareholders.

Commitment to Transparency and Engagement

We are dedicated to maintaining an open line of communication, sharing updates - whether they're strides forward or challenges to overcome. We believe in the power of transparency and consider our shareholders a vital part of our journey. Look forward to receiving timely, detailed updates through our material event press releases, keeping you at the heart of our progress.

Addressing Shareholder Concerns: No Reverse Stock Split in the Immediate Future

We understand the importance of addressing your concerns directly. Regarding the possibility of a reverse stock split (RS), we want to assure you that such a move is not on the immediate agenda. Our focus is on strategies that safeguard shareholder interests and promote sustainable growth. We appreciate your patience and trust as we navigate this journey together.

Strategic Capital Deployment and Product Expansion

We're on a mission to raise capital in a way that preserves shareholder value. Our recent $5 million credit line is a testament to this commitment. By establishing this non-dilutive credit line, it enables us to launch the eagerly awaited rebranded Kona Gold Energy Drinks and fuel research and development for new beverage products in exciting market segments.

Navigating Prior Investments with Strategic Foresight

According to the company's prior filings, Mast Hill holds a substantial amount of convertible debt. We will schedule a conference call with Mast Hill to gain a deeper understanding of their intentions, keep shareholders fully informed about their holdings, holding periods, and any conversion timelines.

Building a High-Performing Team for Market Success

We're assembling a group of seasoned professionals in sales, in-house marketing, and brand visibility. Our strategy includes outsourcing specific roles and services in order to keep overhead down. Our team will be focused on brand visibility and customer acquisitions.

Your Input Matters: Crafting a Comprehensive Investor Business Plan

Your insights and feedback are invaluable to us and we want to hear from our shareholders. Shareholder feedback is also crucial for us as we develop a comprehensive investor business plan, detailing our roadmap, milestones, and key strategies. This plan is not just a document; it's our commitment to a robust foundation for future growth. Stay tuned as we keep you informed and involved every step of the way.

Looking Ahead with Confidence

We appreciate your support and partnership as we move forward. Should you have any questions or feedback, we encourage our shareholders to reach out to us.

Warm regards,

The Kona Gold Beverage Team

For more information regarding Kona Gold Beverage, please visit:

https://konagoldbeverage.com/

About Kona Gold Beverage, Inc.

Kona Gold Beverage, Inc., a Delaware corporation, operates its wholly-owned subsidiary, Kona Gold LLC. Kona Gold, LLC has developed a premium Hemp-Infused Energy Drink line; please visit its website at www.konagoldhemp.com. Kona Gold is located on the east coast of Florida in Rockledge.

Safe Harbor Statement:

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.

Investor Relations Contact:
844-714-2224
[e-mail]



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SOURCE Kona Gold Beverage, Inc.

https://www.otcmarkets.com/stock/KGKG/news/story?e&id=2752964


Kona Gold Beverages, Inc. Signals Strategic Growth with $5 Million Non-Dilutive Credit Line

ROCKLEDGE, Fla., Jan. 23, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a dynamic holding company specializing in product development within the better-for-you and functional beverage sector, is proud to announce the company has successfully secured a $5 million line of credit that will be dedicated to driving production growth, expanding market share, and exploring potential acquisitions.

Under the visionary leadership of the new management team, Kona Gold Beverages, Inc. is taking a bold step towards sustained growth. The $5 million credit line is non-dilutive, meaning it does not have the option to convert into shares of the company. This strategic move emphasizes the management's commitment to preserving shareholder value and ensuring responsible financial stewardship.

"This non-dilutive credit line marks a significant milestone for Kona Gold Beverages, Inc. as we strategically position ourselves for growth without compromising the interests of our valued shareholders," said Brandon White, President and Chairman of Kona Gold Beverages, Inc., "We understand the importance of responsible expansion, and this credit line will play a pivotal role in driving our production capabilities, expanding our market presence, and exploring potential acquisitions that align with our vision."

Management acknowledges the challenge of a bloated share structure inherited from previous funding sources, including the issuance of shares, warrants, and conversion abilities. While some conversion possibilities may be beyond our control, the new management team is fully committed to transparency and will keep shareholders informed of any developments.

The company is actively taking steps to eliminate conversion possibilities within its control, recognizing the significance of growing the company without diluting shareholder value. Additionally, Kona Gold Beverages, Inc. remains dedicated to seeking funding sources that not only align with the company's growth objectives but also prioritize the best interests of its shareholders and their value.

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.

Kona Gold Beverages, Inc. is poised for an exciting phase of growth, and this strategic financial move underlines the company's dedication to responsible expansion and shareholder value.

The Company recently announced it has eliminated $1.3 Million in debt and has reduced its authorized shares by 4.386 Billion shares.

For more information regarding Kona Gold Beverage, please visit: https://konagoldbeverage.com/

About Kona Gold Beverage, Inc.

Kona Gold Beverage, Inc., a Delaware corporation, operates its wholly-owned subsidiary, Kona Gold LLC. Kona Gold, LLC has developed a premium Hemp-Infused Energy Drink line; please visit its website at www.konagoldhemp.com. Kona Gold is located on the east coast of Florida in Rockledge.

Safe Harbor Statement:

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.

Investor Relations Contact:
844-714-2224
[e-mail]

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SOURCE Kona Gold Beverage, Inc.

https://www.otcmarkets.com/stock/KGKG/news/story?e&id=2746819


KONA GOLD BEVERAGE, INC. ELIMINATES $1.3 MILLION IN DEBT AND REDUCES AUTHORIZED SHARES BY 4.386 BILLION

Kona Gold Beverage, Inc. Eliminates $1.3 Million In Debt and Reduces Authorized Shares by 4.386 Billion

Company Announces Strategic Financial Restructuring and Corporate Leadership Transition

MELBOURNE, Fla. , Jan. 18, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a dynamic holding company specializing in product development within the better-for-you and functional beverage sector, is pleased to announce a series of significant corporate milestones aimed at fortifying its financial position and optimizing corporate governance.

Debt Elimination and Share Structure Enhancement

In a strategic move to bolster its financial standing, Kona Gold Beverages successfully negotiated the elimination of One Million Three Hundred Thousand Dollars ($1,300,000) in debt from its balance sheet as of 2024. Concurrently, the company has undertaken a substantial reduction in its authorized share count by decreasing Authorized Shares by 4.386 Billion Shares (4,386,000,000). This strategic decision, enacted by the New Management Team, underscores the company's commitment to aligning its capital structure with current and anticipated business objectives.

The resolution, passed on December 30, 2023, is poised to streamline the company's share structure, rendering it more attractive and manageable for current and potential investors. The reduction is anticipated to augment shareholder value and reflects the company's confidence in its future growth and profitability.

Change of Control and New Leadership Appointment

Kona Gold Beverage is proud to announce a transformative phase in its corporate leadership and strategic direction with the approval of a change of control, facilitating a comprehensive span of voting control across the executive team. Integral to this change is the appointment of Brandon White as President and Chairman of the Company and Jermain Strong as the new Chief Executive Officer and Director of the Company. This change marks a pivotal moment for the company, signaling a fresh perspective and a dynamic approach to leadership.

As of November 30, 2023 Former CEO and chairman, Robert Clark, has relinquished all positions within the company, supporting what Kona Gold Beverages believes is the next phase of exponential growth, both operationally and financially. This strategic realignment is viewed as an opportunity to leverage the resources, strengths, and talents of the new leadership team while concurrently fostering synergy with other industry leaders aligned with the collective vision for the Company's future success.

Brandon White is a seasoned sales and business development professional with over fifteen years of industry expertise. With a proven track record, he has successfully collaborated with both large corporations and startups to enhance operational efficiencies, cultivate robust relationships, drive sales growth, and expand market share.

Mr. White earned his Bachelor's Degree in Business Administration with a focus on Economics from UNC Greensboro. Following graduation, he embarked on a remarkable journey, contributing his skills to three Fortune 50 companies, each boasting revenues exceeding $600 million. Throughout his illustrious career, he not only led successful sales teams but also played a pivotal role in establishing them from inception.

Brandon's accomplishments span from transforming conceptual ideas into market-successful products for two companies to catapulting an existing company's revenues from $430,000 to over $12 million in less than 30 months. In a significant role, he managed a business unit that generated earnings surpassing $30 million.

With a rich background in sales and marketing, Mr. White is poised to be a driving force in steering Kona Gold Beverages, Inc. towards unprecedented success in the coming year.

Brandon White, President and Chairman of Kona Gold Beverages, Inc., expressed, "I am thrilled to lead Kona Gold into this new era. Our commitment to financial strength and operational efficiency is unwavering. This strategic move not only eliminates significant debt but also positions us for sustained growth. We are focused on maximizing shareholder value and look forward to the exciting journey ahead. While applauding past management for their success in developing a fantastic product, we recognize the missteps taken and understand how to refocus all our resources into the companies staple product, its energy drink. It's time to get this company back on track and bigger than ever. As we navigate this transformative phase, we are dedicated to fostering innovation, exploring new opportunities, and ensuring that Kona Gold emerges as a prominent player in the beverage industry. Together with our talented team, we are poised to capitalize on our strengths and achieve unparalleled success in the market."

Mr. Strong brings a wealth of experience, including a background in collegiate and professional football, to his role as CEO and Director. His vision for the company involves expanding its reach, leveraging a network of professional athletes to propel Kona Gold Beverage to the forefront of the beverage industry.

Mr. Strong expressed, "I am genuinely enthusiastic about the prospect of expanding Kona Gold. I wholeheartedly believe in this Company, its products, and mission. With the right leadership, I am confident that we can position this company at the forefront of the Beverage industry gaining market share in the Company's' respective product categories. I am committed to leveraging my extensive network to assemble a formidable team that will ensure our success. Recognizing the need for a substantial investment to propel this company to its rightful place, I am prepared to make that commitment. I have the capability to bring aboard a significant group of private investors to fuel this venture. The untapped potential within this company is immense, and with a fresh start and the right funding, we can unlock that potential. The innovative new can design left a lasting impression on me, and I am determined to elevate both the company and its products to the next level, confident in our collective success."

Strategic Refocusing and Operational Initiatives

Acknowledging the current state of affairs, Kona Gold Beverage recognizes that the company has not met its full potential. Before Mr. White and Mr. Strong took over, all subsidiaries were closed and are now out of business, with the exception of Kona Gold LLC. Under new management, the company is now singularly focused on the growth of Kona Gold's beverages, specifically its Kona Gold Energy Drinks.

To spearhead this focus, the company has already placed a substantial order for its completely redesigned energy drinks. A robust marketing campaign is scheduled for the end of the first quarter of 2024 to promote these revitalized products and drive market engagement.

Embracing a fresh start, Kona Gold Beverage is poised to reposition itself in the market, concentrating on the growth and success of its flagship brand, Kona Gold.

For more information regarding Kona Gold Beverage, please visit:

https://konagoldbeverage.com/

About Kona Gold Beverage, Inc.

Kona Gold Beverage, Inc., a Delaware corporation, operates its wholly-owned subsidiary, Kona Gold LLC. Kona Gold, LLC has developed a premium Hemp-Infused Energy Drink line; please visit its website at www.konagoldhemp.com. Kona Gold is located on the east coast of Florida in Rockledge.

Safe Harbor Statement:

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.

Investor Relations Contact:
844-714-2224
[e-mail]



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SOURCE Kona Gold Beverage, Inc.

https://www.otcmarkets.com/stock/KGKG/news/story?e&id=2743247