Replies to post #110164 on Evercore Holdings Inc (EVHO)

[Teslonian]

Just to be clear, because one company raised capital through the selling of shares (which is the purpose of being publicly traded) and was unable to turn that capital raise into a successful business, you blame the lender?

I am sorry you lost a ton of money on the other stock but you should only blame that management. Robert Clark and Kona Gold are signing with tier 1 distributors and massively growing the business.
Read the purpose of the capital raise, they are needing to front load a ton of inventory, and per their last financial report they still had ~700k of inventory.

I believe KG has net 30 terms for their distribution agreements, so basically they needed and injection of funds to keep up with growth demands.

KGKG is definitely not in the same situation as you have portrayed.

Best of luck on your future trades/investments. But I recommend a better strategy if this example is how you approach your selections.

[Frank1979]

I was a little bothered by Yorkville myself since I have been in other stocks associated with them and it did not bode well for me. But those companies also were not experiencing tremendous growth like Kona, nor did they have a product you could order that was really good. Kona’s forecast looks really good and the reason you see yorkville tied to failing companies is because They primarily deal with small cap companies and the truth is most penny stocks don’t make it big. Some have to use them just to keep the doors open but this is not the case with Kona. I would however like to know some examples of companies who were successful who were tied to yorkville.