Kona Gold Beverage Inc (KGKG)

[TucsonPhil]

The misplaced optimism, by the same posters for years, just smells wrong. Even as share price plummets we hear about this being a good spec stock. Even speculation needs to have some foundation in fact: QoQ increased revenue would be a good start.

IMO what we have here, is a company that is moving money around, in order to create the appearance of revenue, along with M&A and distribution deals with companies owned by the same crew that 'left the building'. I believe that new shareholders are being sucked down and played just like the old ones were, most likely with the intent of driving price up, so old crowd can break even. Classic Ponzi setup.

Be skeptical, be very skeptical and do your DD.