Kona Gold Beverage Inc (KGKG)

[russelljjr53]

Shareholder Report 5-26-05

205 Worth Avenue, Ste. 201
Palm Beach, FL 33480

Union Equity, Inc. (UNQT.PK)
Capital Structure as of 5-20-05
Authorized Common: 20,000,000,000
Restricted Held by Mgmt: 6,043,000,000
Outstanding Common (post split): 3,270,731,300

Introduction

In opening I would like to thank everyone for being patient while the company has completed one of its most important hires. We have retained Ms. Rosalie Farnsworth of R. Farnsworth & Co. to handle our internal investor communications. Ms. Farnsworth is a highly motivated, energetic and personable professional and is available to answer questions from shareholders and other interested parties.

Her contact information is as follows:

Rosalie Farnsworth
Director of Communications
800-916-3457
Fax: [phone]
E-mail: [e-mail]
Web site: www.unqt.com