Replies to post #115956 on Kona Gold Beverage Inc (KGKG)

[TucsonPhil]

Warrant holders and day traders are the only ones making money on this stock. It will continue to meander down, until the company can show a profit.

All of these fluffy news articles about new distributors and big deals that never materialize, seem to allow shares received at discount to be sold for a huge profit, while shareholders trading in the market get further destroyed.

I have seen the cheerleaders on multiple websites saying we all just need to be patient. I do not believe that the company will receive additional financing, without giving away more warrants near the .002 level, causing the future dilution to drive existing sp down more.