Replies to post #105161 on Kona Gold Beverage Inc (KGKG)

[carp302]

Well not a fan of r/s but I do remember him saying no to r/s as well. Maybe if they do get the big deal they will then retire shares.

[justhefax]

They will not HAVE to buy back or RS...

they just created flexibility for the coming year...AS is neutral...only bad if issued to no accretive purpose.

I think the focus will be on growth and expansion...they now have resources, mgt, connections, staff, quality product and brand.

[jagmanjoe]

I have to say that in my view, it makes no sense to increase the AS only to do a R/S. I am making a guess that the AS increase will be for the purpose of AB coming in as a significant shareholder, as well as the purchase of another company or two utilizing shares of Kona stock.

There will be no R/S in the immediate future as far as I am concerned.