Kona Gold Beverage Inc (PK) (KGKG) Quote

It would be good if they spent 30 minutes and update the most basic info on the site they refer PR readers to.

OTC has Covert mgt as CEO/CFO. Web site has Brandon Spikes.

No sign of Surge/Covert 'aquisitions' via links or information.

Dead links, dated emails

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The release makes the following statement

'The management team has conducted thorough research and data analysis, demonstrating that the past conversions and sales associated with its largest debt holder having yielded substantial returns.'

I assume this means substantial returns to the debt holders. Clearly the value of the company expressed in its capitalization, ongoing dilution, and share value for common holders has been terrible. So the phrasing seems to indicate that the priority is the opportunity for debt holders and those awarded options/convertibles and not common holders?

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It would be nice to assume common investors are supposed to be encouraged with this, but not clear.

Assume EOY forecast will be restated, given no products on market.

Love to see web updates and clarity w clear statements of common holders as real priority.

'Next few weeks' looks like we are into August/Sept before any news, launch or next steps, miss summer sales.

News Out several topics, CEO should go back to ALKM for highdrate production, Unless the old CEO burned that bridge.
https://www.otcmarkets.com/stock/KGKG/news/Kona-Gold-Beverages-Reaches-Out-to-Largest-Debt-Holder-for-Debt-Purchase-Negotiation?id=447025

We will see 5 again

Hello Tuscon...did I see 7.5 ???!!!.. lmao

Hey Tuscon.... from 63 down to 9999sss...

Sssshhhhhhhh

Sound of the air running out of this bubble.

following...12 mm picked up in a single trade/lot at .001

Then mil + buys follow.

No news. No one knows wtf is going on.

But .... money talks

as usual you muss the point...

They were purchased. Someone/ entity is buying all that is dumped

I said we are all blind right now given no updates and past due on stated goals...

The support is interesting

I note that , of course, you are silent w any uptick. You interests clearly alinged w dumpers

Hey JUSTTHEFAX...THE 10SSS JUST SOLD A SHIZ LOAD...20 MILLION OF 10SSSS.... HAHAHA 😂....DID I SEE 9,SSSSSD....TODAY....!!??!!!...

No daylight ..but support / careful accumulation seems real.

in rearview?

I see 0010...

ever considered a securities lawyer?

I care less about the people getting taken, and more about the frauds who are doing the taking. It will continue, as long as there are buyers, and my words will not sway anyone.

If you make some money on the swings, then good for you.

And,why exactly are you wasting your time on here? Oh,it must be because you care soomych for all of us,and warning up....LOL

And,why exactly are you wasting your time on here? Oh,it must be because you care soomych for all of us,and warning up....LOL

Here is what happened, you and many others believed their continued line of BS and may have bought more of their printed shares, based upon that announcement.

Then management, pushed the additional income into the books and most likely, took some of that money to pay themselves handsomely.

The rest of the money probably went to keep the lights and printers on, until the next OS increase. Rinse and repeat.

all guess work now...

What happened here? I thought there was supposed to be a big release a couple months ago

Back to .0006 again IMO.

why on earth would you think that

1- they would hire RC
and
2- Use the ingredient you refer to

?

I hope this is not the reason why the drinks are not on the store shelves yet. We know RC doesn't care for product quality, I am concerned if the new company, Nuvibe hired RC to develop something for the company and put brominated vegetable oil in our drinks. On some level, I think Nuvibe hired RC with payment in shares to perform some service for the company? See the article below:

https://www.usatoday.com/story/news/health/2024/07/03/fda-bvo-ban-brominated-vegetable-oil/74290512007/

HEALTH
Which sodas contain BVO? What to know as FDA bans brominated vegetable oil

The U.S. Food and Drug Administration announced Wednesday it is revoking the regulation authorizing the use of brominated vegetable oil in food, effective Aug. 2.

The ingredient was previously authorized by the agency for use in small amounts to "keep the citrus flavor from separating and floating to the top of some beverages," according to the agency, but the FDA determined in 1970 the ingredient was no longer "Generally Recognized As Safe" - an official designation of the FDA - and began overseeing its use under its food additive regulations.

IMO

yes, was assumed long ago,

I waa referring to pace of releases up till May and then silence.

I shared here that i heard back via email and their confidence all moving forward...

i think the support is coming from new $, maybe new mgt and related.

But all speculation ...

Per your statement, "I think they are now at the moment where only real results ( products, $, websites, mgt, plans) will matter." That moment was a long time ago!

So, they have missed another busy drink season and associated Holidays.

I do not think marketing or due diligence are in their repertoire.

They are very good at adding shares and dilution, though.

unfortunately they only claimed to be eagerly awaiting its first run of ONE product in May.

Clearly that did not happen.

They announced the name / ticker change before doing full diligence on the availability, and so assume having to rethink or adjust.

I imagine this will mean an adjustment of the forecast revs as well.

I think they are now at the moment where only real results ( products, $, websites, mgt, plans) will matter.

It is hard to know what the company primary mission is at this point. Bevs? If so what kind? Local Distribution? That won't excite or make anyone rich. Covert THC? Who knows anything really about that 'aquisition' except they are new (who are they?) mgrs and presumably stakeholders.

LOTS to clean up/ catch up.

But at .0011 the companys tax loss value is probably worth more.

So even if they can just hit a solid single, without amateur copy or error, with an actual product (s) actually out there being pushed the value could triple.

But to be clear this is not 'investment', it is speculation.

what will help is product in the store for sale, any store. they say the product was packaged a month ago, distribution should have happened then. off the line and into the truck, that's how it's supposed to work, unless no one wants it on the shelf, just saying

Maybe look at a ticker change will help the company figure out who and where shares are and shorts may have to cover.

Everyday there is hope. Life is not guaranteed. I can say RC ran a scam company. A nine year kid can sell more lemon ade on a neighborhood sidewalk than RC. I drink tons of lemon and limeade juice. Lemonade should have been a winner for KGKG. RC should be jailed.

Hope is not a strategy.

I agree, I just like other existing shareholders probably bought additional shares. Over the last two months, I added 2 million additional shares to my name. I don't have a large amount of shares but if it can go to at least #.02 a share, I will be fortunate. If they can get the new products on the shelves, this will do fine. I just hope they #1. Don't let RC near KGKG to do any special work, #2. Use organic natural ingredients, no chemicals like Suraclose, BHA, BHT, high fructose,artificial coloring, msg,excessive sugar. Etc.

perhaps a %, but retail was not the primary support behind the volumes we saw.

And was not just dilution.

My sense is support from new team and related, and a net positive, in that wont likely be dumped in short term.

imho

Could be cheap warrants being exercised, awards to insiders for coming on-board, or just slowly fed into the retail stream. If it was warrants, or employee incentives, they may show up in the next disclosure. If not then retail suckers probably bought them.

an interesting consideration is who bought up the hundreds of millions of shares this last 3 months or so?

NuVibe is the supposed new company name. VIBE is the supposed new ticker. KGKG is the existing and as yet unchanged ticker. The name is still not officially changed with the state and OTC as far as anyone knows. Yahoo made the name change on their site some time ago and it was reported on here. Making it look like something is happening doesn't equate to something actually happening.

What Is the Ticker of a Stock?
A ticker of a stock is its ticker symbol, which is a unique grouping of letters that identifies a specific company. For example, Apple has a ticker symbol of "AAPL," Exxon has a ticker symbol of "XOM," and Coca-Cola has a ticker symbol of "KO."

What Is a Ticker Symbol?
A ticker symbol is a stock symbol; an abbreviation of a company's name that uniquely identifies its publicly traded shares on stock exchanges. Ticker symbols also exist for other securities, such as exchange-traded funds (ETFs). Some popular ticker symbols are GOOGL for Google, AMZN for Amazon, MSFT for Microsoft, AAPL for Apple, KO for Coca-Cola, DIS for Disney, and SBUX for Starbucks.
https://www.investopedia.com/ask/answers/12/what-is-a-stock-ticker.asp

NuVibe,Inc...
It shows this on yahoo

NuVibe,Inc...
It shows this on yahoo

The new ticker is supposedly VIBE - not VIBEF if that is what you are looking at

You can send a link to the web site or upload a pic

HOW TO POST PICTURES WITH IHUB POSTS

1. copy image from your brokers online chart or anywhere online by right clicking the chart or pic and click copy image:
2. then paste it with right click of mouse to the desktop or wherever you save pics on your computer
3. then go to Ihub and click "Settings" at the top right
4. then scroll down and click "My Pictures"... click browse and find the pic you saved to your computer,
double click on the pic and then click "Upload"
5. use "select all" to select all of the "Embedded" link shown on the left and copy it using the mouse
6. then proceed to post an Ihub message and paste the embedded link you copied into the Ihub message post box along with any text you wanted to write by just pasting with your mouse.

It still shows it...how can I send a pic here,of it?

Where? Still shows KGKG and no results on search for VIBE
https://finance.yahoo.com/quote/KGKG/

Yahoo finance shows the new ticker

Nice looking KGKG chart here Tommy, any thoughts on when the ticker change could occur?

Thanks will be watching this one closely. Whats any PT levels you looking at here?

https://www.otcmarkets.com/stock/KGKG/news/Kona-Gold-Beverages-Inc-Announces-Name-Change-to-NuVibe-Inc-and-Initiation-of-Ticker-Symbol-Application-Process?id=438092

Chart tells me it’s a strong buy here..

-$GARBAGE

$KGKG
$KGKG With it’s move above the 50 day MA The 200 day MA is well within striking distance..a close above this could trigger even stronger buying pressure.. pic.twitter.com/dR8qlXWj9b— Chris from Massachusetts AKA TommyboyTrader (@autumnsdad1) June 29, 2024

Curious consideration -

They reported 3+ mm revs last qtr. That was w/o Kona hemp or cbd bevs contributing.

The forecast was for 12mm eoy. This likely assumed contributions from now delayed thc bev launch.

Lets say 10 mm revised. Note- they should update.

Lets assume OS at 3.5 bil

One conservative value metric is 1-1 to revs.

That could suggest .0028 value as a baseline for growth forward.

If they can show dilution under control, and get Kona Hemp/cbd and Thc bevs out, plus bring light to Covert plans and forecast (no pun intended) then a path to 25/35 mm cap is not unreasonable... which is .01 on the high side.

Be nice if new team can turn this around!

POP!!! Going to keep going up... Enjoy!!

Struc

Nice

27m today thanks