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:
For more information regarding HighDrate, please visit:
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.
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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.
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