Replies to post #116498 on Kona Gold Beverage Inc (KGKG)

[justhefax]

I would think so.

However it is really a slap to investors to not communicate intentions and purposes.

Operating costs? Marketing ?Acquisition ? Bermuda ?

Be nice to associate this action with company plans, or the investor is faced with random slow , or fast, share dilution.

The eoy is still 6mm +|- . Unless this also changes, or ‘events’ are noted with ‘exceeding’ etc… then the investor bases all on reported numbers / stated goals.

Point being if the eoy is the same, and upcoming revs are in line to eoy… any dilution really cuts investors value.

[BirdsOfFire]

There is a possibility the authorized share count is being increased so that a big buyer can buy the company. After the purchase, taking over the company, the new owner will do a RS. There will be enough income from sales to support a RS. This is my opinion.

Whoever buys the company will have to have deep pockets. IMO