Replies to post #114911 on Kona Gold Beverage Inc (KGKG)

[justhefax]

Lots more shares than the old days of the major run up.

My evaluation is pretty simple - market cap, anticipated growth.

At .03 with 1.35 bil you get = 40mm est

The co forecast is 10mm eoy

To break past this level in a lasting way the co will need to show a rev path to 25- 30 mm AND ongoing momentum plus earnings …. Then will take off.

Right now w 1.35 bil shares ( on the way), and hills to climb… will wait till smoke clears

[Theoblade]

Yea.... nah. Sold 80% on Tuesday and glad I did. Won't be adding till its well under a penny again.