Kona Gold Beverage Inc (KGKG)

[Chaebol]

IPO minimum $.10 per share!!

"Private Placements at less than $.10 per share will not get an OTCBB or OTCQB Listing. You can no longer pursue a Go Public Direct transaction with a private placement under $.10 per share prior to filing a registration statement on Form S-1 in a GoPublicDirect transaction."
http://www.gopublicdirect.com/2012/02/13/new-mandatory-minimum-stock-price-for-otcbb-otcqb-listings/

"Have at least approximately 400,000 company shares or more sold for real value [$.10 per share is a recognized minimum; it can be more] – cash or services or both"
http://www.gopublicdirect.com/home/go-public-direct/

"Also, the regulatory community has recently become more focused on the deposits of physical certificates, particularly those that trade on the Pink Sheets or OTC Bulletin Board. The securities industry has experienced a significant spike in fraudulent transactions related to reduced valuations or non-existent or fraudulent transfer agent services for sub-penny securities. In addition, the potential for the use of these types of securities for money laundering or investor fraud are also of serious concern. As a result, the regulators have increased their scrutiny of transactions in these types of securities.

Penson has even sent out a notice to its customers that it will no longer accept physical certificates on deposit for stocks that trade for less than 10 cents per share."
http://www.ipo-attorney.com/18.html

July 8th 2011 - "Penson financial last week enacted a new rule basically banning any stock under 10 cents in price from being deposited, dtc'ed , bought or sold in any firm using them to clear."
http://www.ipos.com/

From the pr - "As a reporting company, we will achieve greater transparency for the investment community, and as our stock is upgraded to a higher OTC tier, our stock becomes more liquid as it becomes more accepted by various brokers around the world."
http://ih.advfn.com/p.php?pid=nmona&article=52233365&symbol=UNQT

Why Penson is so important for transparency and liquidity
- Penson Financial Services Canada Inc. is the number 1 independent clearing broker in Canada
- Penson Financial Services, Inc. is the number 2 clearing broker in the US
- Penson Futures is a top 30 FCM
http://www.penson.com/AboutUs.aspx