Kona Gold Solutions, Inc. Announces Revenue Up 400% From Previous Quarter
December 19 2018 - 9:00AM
InvestorsHub NewsWire
Kona Gold Solutions, Inc. Announces Revenue Up 400%
From Previous
Quarter
The Company’s online sales are up over
1,300%
Melbourne, FL -- December 19, 2018
-- InvestorsHub
NewsWire -- Kona Gold Solutions, Inc. (OTC
Pink: KGKG), a hemp and CBD lifestyle brand focused on product
development in the functional beverage sector,
is pleased to announce the Company is having
its strongest quarter to date with revenues currently up 400% from
the previous quarter. Contributing to the increase in revenue
are the Company’s online sales from Amazon and product websites,
which are up over 1,300% year-over-year.
The Company’s increase in sales comes from the
launching of it’s highly anticipated new Kona Gold flavors, Cotton
Candy and Cherry Vanilla, which are both zero calories, have no
sugar, are naturally flavored, and contain organic
hemp.
Kona Gold recently hired an Office Manager that will
start January 2nd. The Company is looking to fill
several other positions, including a full time Controller to manage
the Company’s books and audits.
“Our current quarter is exceeding our expectations
and the response from our distributors and customers in regards to
our new Cotton Candy and Cherry Vanilla flavors has been amazing,”
stated Robert Clark, CEO of Kona Gold Solutions, Inc. “We started
off the quarter very strong in October and will be closing out the
quarter with December being a record month with over $70,000 in
sales to date.”
Clark continued, “We have many exciting things in the
pipeline as our sales team is working to finalize deals with
several distribution partners and will be announcing a new
convenience store partner that will be putting the Company’s
products in over 100 stores. We anticipate the Company’s
revenue to continue on its current revenue growth path through the
end of 2018 and into 2019. Our sales team will be meeting at
Kona Gold’s corporate office the second week of January to forecast
growth and sales projections for 2019. The Company will be
hiring a controller to take over the books and finalize the audit
next month.”
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
Kona Gold Beverage (PK) (USOTC:KGKG)
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