Kona Gold Solutions, Inc. Retires 160 Million Shares
April 19 2018 - 9:00AM
InvestorsHub NewsWire
Kona
Gold Solutions, Inc. Retires 160 Million
Shares
Rockledge, FL -- April 19, 2018 -- InvestorsHub NewsWire -- Kona Gold
Solutions, Inc. (OTC Pink:
KGKG), a hemp lifestyle brand focused on product development in
the functional beverage sector, is pleased to announce the
retirement of One Hundred and Sixty Million (160,000,000) shares of
common stock by the Company’s Management Team.
The Company has been working diligently to
maintain a solid share structure and felt it was necessary to
retire a significant number of common stock shares to help increase
shareholder value. Kona
Gold’s management team was able to negotiate the retirement of One
Hundred and Sixty Million (160,000,000) shares of common
stock. The current
Issued and Outstanding as of April 19th,
2018 is 486,465,449.
“The Company is coming off our best 30 days of
sales and there is no better way to cap that than announcing the
retirement of a significant number of shares by the Company,”
stated Robert Clark, CEO of Kona Gold Solutions, Inc. “We are
positioning the Company to have an incredible year and we will be
updating our shareholders shortly on our increase in sales and
revenue.”
The Company recently announced two new
distribution partners in Chicago, IL and Jacksonville,
FL. Both distributors
have received product and the Company foresees great opportunities
in these regions and is working closely with these distributors to
ensure their success.
For more information
regarding Kona Gold Solutions, please
visit:
http://www.konagoldhemp.com
https://www.facebook.com/konagoldhemp
https://twitter.com/konagoldhemp
https://www.instagram.com/konagoldhemp/
For more information
regarding HighDrate, please visit:
http://www.highdrateme.com
https://www.facebook.com/HighDrateMe/
https://twitter.com/highdrateme
https://www.instagram.com/highdrateme/
Kona Gold Solutions,
Inc.:
Kona Gold Solutions,
Inc., a Delaware Corporation, has created wholly owned
subsidiaries, Kona Gold LLC, HighDrate, LLC, and BitHive Mining,
LLC. Kona Gold, LLC has
developed a premium Hemp Infused Energy Drink line, Energy shots,
and Apparel; please visit the Company’s website
at www.konagoldhemp.com.
HighDrate, LLC has developed the
beverage industry’s first CBD Energy Water, available in 4
delicious flavors; please visit the Company’s website
at www.highdrateme.com.
BitHive Mining, LLC will be solely
focused on mining cryptocurrencies via custom built mining
hardware. The Companies
are located on the east coast of Florida in Rockledge,
FL.
Safe Harbor
Statement:
The information posted
in this release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
You can identify these statements by use of the words "may,"
"will," "should," "plans," "expects," "anticipates," "continue,"
"estimate," "project," "intend," and similar expressions.
Forward-looking statements involve risks and uncertainties that
could cause actual results to differ materially from those
projected or anticipated. These risks and uncertainties include,
but are not limited to, general economic and business conditions,
effects of continued geopolitical unrest and regional conflicts,
competition, changes in technology and methods of marketing, delays
in completing various engineering and manufacturing programs,
changes in customer order patterns, changes in product mix,
continued success in technological advances and delivering
technological innovations, shortages in components, production
delays due to performance quality issues with outsourced
components, and various other factors beyond the Company's control.
Investor Relations
Contact:
investorrelations@konagoldhemp.com
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