Kona Gold Solutions, Inc. Enters Distribution Agreement with Southeast Beverage, Inc.
September 28 2018 - 9:20AM
InvestorsHub NewsWire
Kona Gold Solutions,
Inc. Enters Distribution Agreement with Southeast Beverage,
Inc.
Company is
aggressively seeking key distribution partners to expand market
presence
Melbourne,
FL -- September 28, 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 Company has entered into a distribution agreement with
Southeast Beverage, Inc. Southeast Beverage is the first
distribution partnered signed under Kona Gold’s new V.P. of Sales,
Chris Selinger, a strategic hire by the Company last month.
Kona Gold is currently in negotiations with several additional
distributors in the southeast United States and has additional
meetings set in October with distribution partners in new key
markets for the Company.
Southeast
Beverage, Inc is headquartered in Salisbury NC, with an additional
distribution center located in Spartanburg SC. Southeast
Beverage services over 1100 accounts in 25 counties throughout
North and South Carolina.
“Southeast
Beverage gives Kona Gold distribution capabilities in several key
Southeast Markets. As we bring on new distribution
partners, I will be working hand-in-hand with them to ensure we
have successful kick offs of our brands and strong pull through in
new markets,” stated Chris Selinger,
V.P. of Sales of Kona Gold Solutions, Inc.
Kona Gold is
currently in the process of having the Company’s financials audited
in order to meet the requirements set worth by OTC in order to
uplist to the OTCQB market tier.
“The Company
has met all OTC requirements in order to uplist to the OTCQB, with
the audit of our 2017 financials being the last piece,” stated
Robert Clark, CEO of Kona Gold Solutions, Inc. “We continue to work
with our accounting firm and are nearing the tail end of the
audit. This piece is extremely time consuming and I thank our
shareholders for being patient during this process. Our goal
was to have the audit completed in Q3, but with the development of
new products, the hiring of our V.P. of Sales, and focusing on
Company growth, this has been pushed to be completed in
Q4.”
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 and HighDrate, LLC. Kona Gold,
LLC has developed a premium Hemp Infused Energy Drink line; 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. The Companies are located on the east coast
of Florida in Melbourne.
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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