Viewmont
1 week ago
I post the real press releases from the source. There's nothing fake about that. Not pumping, not paid at all. Just an individual investor who tries to advance.
When I lose, I take my losses and move on to betterment. Not a cry baby. OTC is like a casino if one doesn't know how to maneuver.
We all lose from all kinds of stocks. Companies in all catagories are good and bad.
Posting negativity for months and years on the same board means you lost and don't know how to move on to better investments. (I don't mean you, just in general)
Defenitely not pumping. Sick of all negativity, haters, loser stories. People need to move on and better their lives. You go to a casino and lose, no need to cry and bitch about it for months and years. Never stops.
I'm just saying, I have tons of stocks that I've lost on, it's a lesson learned. Crying, bitching and spreading FUD isn't going to fix it.
If I don't believe in a company, you won't see me post on that board. I'll take my losses and move on.
$KGKG
TucsonPhil
1 week ago
Rah rah sis boom bah, let's all pump until it goes up to hook in the next group of rookie investors.
Seems like a great capitalist, cutthroat mindset.
You gotta love the state we are in, when it comes to discussion. There is no debate anymore. If we ask reasonable questions and get no answers from the company, we are being negative. In fact that is called due diligence and the lack of clear responses is, in itself, cause for concern.
Viewmont
1 week ago
$KGKG Shareholders who keep posting negativity, causes, makes the price drop even lower cause of scaring new, or existing shareholders to stay away and not buy, or sell at a loss, and doesn't change what the company is doing. It only hurts your pockets by shooting yourselves in the foot. It seems like that's all it's been happening here, draging the price down by negativity and creating FUD, not by what the company is doing.
Get your questions answered by the sourse, the company. And, of course they won't answer if you come up with 45 questions at once, and/or attack them with bad manner.
You're the investors, know what you own, and deal with it. Sell it, keep it, know how to maneuver and move on! Hatefull posts isn't going to get you anywhere but more losses in your investments.
justhefax
1 week ago
All about credibility or lack of earned over a year (under this team's mgt)
What do shareholders get for Covert LLC, the only earning asset? Note current mgt IS Covert mgt, so they transfer to themselves?
Does Kona Inc retain anything, or a giveaway like 'selling' the Kona Hemp llc to a diaper co for nothing.
Given that the urgent need for name change to align with 'mission' was announced in APRIL, before covert was even 'aquired' and WAY before the 30mm co merge was announced, it serms odd that now this 30 mm co insists on a name that no longer applies to anything?
The trading serms to suggest insiders bailing out...over last 3 mo. Now at .0001 no apparent enthusiam for shares in this future merged co?
The release stand alone should inspire huge positive moves... i mean going from 3-4 mil annual revs to 30mm?
But a review of past releases by THIS team not to speak of RC all have led to nothing but shareholder exploitation.
So hard to take this last at face value.
Now a lotto spec...
Viewmont
1 week ago
$KGKG Let's read this again! https://konagoldbeverage.com/our-brands/
https://konagoldbeverage.com/news/
Kona Gold Beverage, Inc. Announces Strategic Reorganization and a Bold New Direction
New Leadership Team to Assume Control Following Completion of Name and Symbol Change
Melbourne, FL -- December 5, 2024 -- InvestorsHub NewsWire -- Kona Gold Beverage, Inc. (OTC.PK: KGKG) is pleased to announce the amicable reorganization of its subsidiary, Covert LLC. This strategic decision, which received the unanimous approval of the Company's Board of Directors and a majority of its shareholders, represents a pivotal step in positioning Kona Gold Beverage for substantial growth and enhanced shareholder value.
In alignment with the Company's long-term objectives, Covert LLC and its leadership, Jared Fischer and Elliot Eichler, have determined that transitioning Covert LLC to a privately held entity is in the best interest of Kona Gold Beverage's shareholders. This decision reflects a shared commitment to advancing the Company's strategy as it works toward finalizing the acquisition of a significantly larger, $30 million revenue-generating entity through a reverse merger. The completion of this merger requires the Company to finalize its name and ticker symbol change and establish the incoming entity as its sole subsidiary. The new management team of the incoming entity is expected to assume full leadership, bringing fresh vision and expertise to guide the Company into its next chapter.
"This reorganization marks a critical inflection point for Kona Gold Beverage, Inc.," stated Jared Fisher, CEO of Kona Gold Beverage, Inc. "While we work diligently to finalize the reverse merger, this restructuring lays the groundwork for the incoming $30 million revenue-generating entity to bring its leadership, operational strength, and proven business model to our public platform. We are confident that this strategic move will drive significant growth and value for our shareholders."
This reorganization comes at a transformative time for Kona Gold Beverage. By divesting Covert LLC and streamlining its structure, the Company is aligning its operations with its long-term vision of delivering superior results. The forthcoming merger represents an exciting opportunity to integrate a robust organization into the public company, solidifying its market position and opening new avenues for growth.
Kona Gold Beverage is fully committed to providing timely updates as this transformative plan progresses.
About Kona Gold Beverage, Inc.
Kona Gold Beverage, Inc. is a holding company that oversees a portfolio of innovative brands. Through its subsidiary, Covert LLC, the company offers an array of premium consumer packaged goods (CPG) products. With a strong presence in both beverage and consumer packaged goods (CPG) sectors, Covert distributes its products through a wide network of retailers, ranging from chain retail locations to boutique specialty shops in multiple states. Headquartered in Melbourne, Florida, Kona Gold Beverage, Inc. continues to pursue strategic acquisitions to further broaden its market presence.
Investor Relations Contact:
Phone: 844-714-2224
Email: investorrelations@konagoldbeverage.com
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