Replies to post #76650 on Kona Gold Beverage Inc (KGKG)

[Flyingspidey]

The more distributors the more money. Not 1 time money either years of revenue from each distributor. Q3 was before the distributors and before the hype.. this is going much higher

[Pacha78]

I agree it is overbought at this point, until news is released.

Could see dip below .04 like H*PH

[youwish1]

That's not very forward looking with a guy who joined the team to bring Kona Gold national or the initial impact the uplist will have, or major distribution news. Also remember 160m asset of VATE shares. We should be at least a market cap of 20-25m... also, the other CBD sector runs have been running to 50m on hype. KGKG is clearly the better company of them all, based on transparency, well run, and explosive growth. I can tell you Q4 is going to be insane. The draught at end of Q3 will curb the growth over Q2, but should still be the best quarter yet, even if not as explosive as Q2 was. Some of the guys have broken down the numbers on this board, I think even stickied to give you a better idea.

[Callmedragon03]

It won’t show 35k, kgkg is a 3-5 cent paper company off last FINS it should be even better on new FINS. Just because you jumped ship for the hiph pump & dump doesn’t make it a better company. Their at least 3x paper value right now. How much debt do they have over there? What were there sales? What products do they have on shelves right now? Those are the only questions that matter & kgkg beats them on every answer.

[Cabocat]

Tesla was extremely over valued too and losing money, it was hundreds of dollars a share at that time.

[skifast 25]

Some of the longs here including myself are investors and here for a long term play and not trying to flip! Selinger at his last company went form 70,000 cases to 1.1 million cases in 36 months. We are just warming up here and the key for any beverage company is distribution (which is just what he's doing here). Working his way into small mom and pop ventures and avoiding putting the cart before the horse!