KOLOA, Hawaii, July 8, 2014 /PRNewswire/ -- KonaRed
Corporation (OTCBB/OTCQB: KRED), manufacturers of Antioxidant
Juices from the unique and exclusive Hawaiian CoffeeBerry®, coffee
fruit from Kona, Hawaii, today
announced sales growth continued strong in the first half of
2014.
KonaRed's consumer product sales for the six months ended
June 30, 2014 grew 71% to
$782,141 versus consumer product
sales of $458,816 in the comparative
six month period ended June 30, 2013.
For the six months ended June 30,
2014 total revenues increased 24% to $918,442 versus $738,532 in the comparative six month period
ended June 30, 2013.
"These results compare very favorably to total consumer product
sales of $606,307 for full year
fiscal 2013," said KonaRed's CEO Shaun
Roberts.
"We've been working hard at our many sales initiatives and these
are starting to yield positive results. Momentum is heading in the
right direction and we continue to push to move growth along
faster. Based on the fact that in six months we've already exceeded
our consumer product sales for full year 2013, I have little doubt
that we'll double our sales in 2014 versus 2013 and expect we'll
exceed that number," Mr. Roberts said.
About KonaRed Corporation
KonaRed Corporation produces health and wellness nutritional
products including beverages and supplements, which bring the
attributes of Hawaiian Coffee fruit to an international consumer
market. Our underlying business was established on August 22, 2008 and our first sales were achieved
in February 2009. KonaRed became
publicly traded through a merger with an existing listed company on
October 4, 2013 and trades on the
OTCBB and OTCQB under the symbol KRED. KonaRed, through a licensing
agreement with VDF FutureCeuticals, Inc., utilizes an innovative,
state of the art, proprietary processes that produce antioxidant
extracts and powders from Hawaiian Coffee Fruit which are used to
produce KonaRed's Antioxidant Juices, Organic Green Teas, and
On-the-Go Packs. KonaRed Corporation is headquartered in
Koloa, Hawaii, and its
distribution is centered in San Clemente,
California. KonaRed products are sold in select Kroger,
Vitamin Shoppe, Whole Foods, Safeway, Walmart, 7-Eleven, and many
other retail outlets throughout the US and Canada. More
information about KonaRed and its products can be found at
www.konared.com.
Forward Looking Statements
Certain information contained in this press release, including
any information as to our strategy, plans or future financial or
operating performance and other statements that express
management's expectations or estimates of future performance,
constitute "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Action of 1934. All statements, other than
statements of historical fact, are forward-looking statements. The
words "believe," "expect," "will," "anticipate," "contemplate,"
"target," "plan," "continue," "budget," "may," "intend,"
"estimate," "project" and similar expressions identify
forward-looking statements. Forward-looking statements are subject
to risks and uncertainties that could cause actual results to
differ materially from those expressed in the forward-looking
statements, including, but not limited to, certain delays beyond
the company's control with respect to its plans or operations. Our
actual results may differ materially from the results anticipated
in these forward-looking statements due to a variety of factors,
including, without limitation those set forth as "Risk Factors" in
our filings with the SEC which can be found at www.sec.gov. There
may be other factors not mentioned above or included in the
Company's SEC filings that may cause actual results to differ
materially from those projected in any forward-looking statement.
The Company disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by
applicable law.
For Investor and Media Inquiries, please contact:
KonaRed Corporation Investor Relations
E and E Communications
Paul Knopick
Email: pknopick@eandecommunications.com
Tel 940.262.3584
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SOURCE KonaRed