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Sunday, September 25, 2022

Stock in Focus: Konared Corp (OTCMKTS:KRED)

Konared Corp (OTCMKTS:KRED) is making an explosive move up on accelerating volume after a massive reversal of all-time lows of $0.061. The move up comes as a huge welcome to shareholders who have suffered over a year of steady dropping prices.

KRED hit the bb’s at the end of 2013 and popped initially to over $1.25 a share early last year before the botom fell out and the stock started steadily dropping not stopping since last week.

Konared Corp (OTCMKTS:KRED) produces health and wellness nutritional products including beverages and nutritional supplements, which bring the attributes of Hawaiian Coffee fruit to an international consumer market.

KRED manufactures and sells KonaRed, through a licensing agreement with VDF FutureCeuticals, Inc. According to the Company KonaRed is a so-called “superfruit” drink, delivering powerful antioxidants including Quinic Acid, Chlorogenic Acid & Ferulic Acid that are immediately absorbed at the cellular level where they can actually be effective. Made from the fruit surrounding the coffee bean, a part of the fruit that was never before used, the juice is according to most straight-up delicious. A blend of coffee fruit extract, pineapple juice, and apple juice KonaRed tastes refreshing, tropical, pleasingly funky, yet sweet overall.

KonaRed is now listed in over 180 stores and can be found in major natural retail outlets including Kroger, Vitamin Shoppe, Whole Foods, Safeway, Walmart, 7-Eleven, and numerous other independent grocery stores and chains.

Recently KRED partner FutureCeuticals, was featured in the article, “Cognitive health appeals to all demographics”, published in the February 16, 2015 edition of Beverage Industry. The article cites that the coffee fruit extract that is used in KonaRed’s beverages and supplement powders has been reported to increase serum levels of certain proteins linked to mood and memory, and may provide cognitive health benefits that appeal to all demographics.

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In January KRED said that consumer product sales for the fourth quarter of 2014 will exceed $228,000, signifying a 763% increase over the fourth quarter 2013.

CEO Shaun Roberts said “We ended the year strong with triple digit organic growth in sales year-over-year for our consumer products. This growth was due to our strategic partnerships and sales initiatives which contracted new distributors and helped create more visibility for our brand. 2014 was the year during which we placed our products onto the shelves of over 6,000 stores. This is a major achievement for any consumer products company during its first year of rollout and we’re pleased with this success.”

In recent news KRED said it has added a new distributor, Natural Foods Center. Natural Foods Center is a Northwest based company that warehouses and distributes natural, organic, specialty and gluten free foods in the Northwest region, Alaska and the West Coast. KonaRed will use Natural Foods Center as a distributor for its KonaRed Superfruit Powder On-the-Go Packs and Tubs.

KonaRed’s Hawaiian Coffeeberry® powders are 100% soluble and contain all the nutrients and antioxidants that you get from the KonaRed bottled products. They are great to mix with water or your favorite juice, and can be added to a smoothie for an extra antioxidant boost that will help improve your focus and concentration.

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According to the 10Q KRED filed on November 19 they have $600,000 in the treasury and small but fast growing revenues reporting $341,264 revenues for the 3 months ended September 19, 2014 up from $174,581 for the same period last year.

Currently trading at a $7 million market valuation KRED has made a significant reversal after over a year of steady decline since the stock was over $1.25 a share. The Company has seen some important developments of late and boasts a growing shareholder base that is looking for this one to move higher.

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

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