web analytics
20.8 C
Munich
Wednesday, June 29, 2022

Bulls Take Charge of Kona Gold Solutions Inc (OTCMKTS: KGKG)

Kona Gold Solutions Inc (OTCMKTS: KGKG) has been moving steadily higher in recent trading moving up over its $.03 base on steady accumulation. KGKG has a long history of big moves skyrocketing to $0.15 highs last and attracting legions of shareholders along the way. When a stock like KGKG heats up; investors pay attention.

Investors are accumulating Kona Gold as the Company reports record revenues in June 2020. The Company reported its two wholly owned subsidiaries, Kona Gold LLC and Gold Leaf Distribution LLC, had sales of over $100,000 and $30,000, respectfully, for the month of June. Gold Leaf Distribution, who distributes Kona Gold products and other beverage products in Florida and South Carolina also recoreded a record mont h in June and continues to experience month-over-month growth and is having a record month in May.  Gold Leaf delivers product to almost 700 retail locations, including over 200 Circle K’s, BI-LO’s, Piggly Wiggly’s, 7-Eleven’s, BP’s, and many various independent retail locations.

Kona Gold Solutions Inc (OTCMKTS: KGKG) has created wholly owned subsidiaries, Kona Gold LLC, HighDrate, LLC, and Gold Leaf Distribution, LLC. Kona Gold, LLC has developed a premium Hemp Infused Energy Drink line. HighDrate, LLC has developed the beverage industry’s first CBD Infused Energy Water, available in 6 delicious flavors. Gold Leaf Distribution, LLC was created to fill the Company’s distribution needs in markets it wants to quickly enter. The Companies are located on the east coast of Florida in Melbourne and Greer, South Carolina. KGKG currently has 2.5 billion shares authorized and 778,052,603 shares outstanding.

Kona Gold Hemp Energy Drink Variety Pack, Clásico, Cereza Vainilla ...

To Find out the inside Scoop on KGKG Subscribe to Microcapdaily.com Right Now by entering your Email in the box below

KGKGKona Gold plans to up list its shares to OTCQB and recently submitted its OTCQB application. On June 16 the Company filed a S-1 that included two years of Kona Gold’s financial statements, audited by a PCAOB registered independent public accounting firm in pursuit of becoming a fully reporting Company with the SEC. Kona Gold CEO Robert Clark stated: “Kona Gold has hit another milestone with the filing of our S-1, which is needed in our pursuit to be listed on a national stock exchange. Our agreement with YA II PN provides the Company with additional working capital to aggressively develop new brands and, possibly, to pursue acquisitions of other beverage brands, as we execute our strategy of building a family of outstanding beverage brands in various market segments.”

On July 1 Kona Gold reported it recorded its highest gross revenue for 2020 in the month of June. The Company reported its two wholly owned subsidiaries, Kona Gold LLC and Gold Leaf Distribution LLC, had sales of over $100,000 and $30,000, respectfully, for the month of June. Gold Leaf Distribution’s June revenue was also a record for the Company in terms of monthly sales.

Kona Gold started to see an increase in sales in late May as many states around the country eased restrictions and started their phased approach to opening back up. The Company attributes the increase in sales to the increase in distributor orders, wholesale orders, Amazon orders, and Ecommerce orders. Gold Leaf Distribution, who distributes Kona Gold products and other beverage products in Florida and South Carolina, had a record month in June and continues to experience month-over-month growth. Gold Leaf recently purchased it’s third side loading beverage truck in order to keep up with demand and growth.

“Kona Gold has hit another milestone with the filing of our S-1, which is needed in our pursuit to be listed on a national stock exchange,” stated Robert Clark, CEO of Kona Gold Solutions, Inc. “Our agreement with YA II PN provides the Company with additional working capital to aggressively develop new brands and, possibly, to pursue acquisitions of other beverage brands, as we execute our strategy of building a family of outstanding beverage brands in various market segments.”

We have a Monster Pick Coming. Subscribe Right Now!

Currently running up the charts KGKG is an exciting story developing in small caps; the stock has been moving higher as the Company reports record revenues in June 2020. The Company reported its two wholly owned subsidiaries, Kona Gold LLC and Gold Leaf Distribution LLC, had sales of over $100,000 and $30,000, respectfully, for the month of June. Gold Leaf Distribution delivers product to almost 700 retail locations, including over 200 Circle K’s, BI-LO’s, Piggly Wiggly’s, 7-Eleven’s, BP’s, and many various independent retail locations. KGKG has a long history of big moves skyrocketing to $0.15 highs last and attracting legions of shareholders along the way. When a stock like KGKG heats up; investors pay attention. Microcapdaily first reported on Kona Gold on March 6, 2016. We will be updating on KGKG when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with KGKG.

WAIT! Do You Want Stocks That Could Go Up 348% In Days Delivered To Your Inbox For FREE?

Disclosure: we hold no position in KGKG either long or short and we have not been compensated for this article.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Sign up now for our 100% FREE Penny Stock Newsletter

Privacy Policy. we will never share your email with anyone.