OTC-PINK:KGKG

Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000

Retrieved on: 
Wednesday, May 8, 2024
Caffeine, Yerba mate, VIBE, D9, Botany, Kava, Growth, Theobromine, Cannabis, Drink, Polyphenol, Economic development, KGKG, Coffee

MELBOURNE, Fla., May 8, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a leading holding company specializing in innovative product development within the better-for-you and functional beverage sector, proudly announces April revenues totaling over $586,000, further solidifying its position in the market with the addition of newly introduced beverage products to its already impressive portfolio.

Key Points: 
  • Anticipation mounts as Covert LLC eagerly awaits the release of multiple new products, alongside the highly anticipated launch of its e-commerce site.
  • Additionally, company subsidiaries have shown exceptional performance, with Surge Distribution reporting revenue exceeding $210,000 in April.
  • In anticipation of the eagerly awaited first production run of HighDrate D9 Drinks, scheduled for this month, revenues are expected to increase substantially.
  • The introduction of HighDrate D9 Drinks marks a significant milestone for Kona Gold, as the company expands its offerings with these innovative beverages.

Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process

Retrieved on: 
Thursday, April 25, 2024
Social media, VIBE, State, Confusion, White, FINRA, Name, Growth, KGKG, Management

MELBOURNE, Fla., April 25, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a leading holding company specializing in innovative product development within the better-for-you and functional beverage sector, today announced that its board of directors and majority shareholders have approved a name change for the company. The process to change the company's name to NuVibe, Inc. and apply for the new ticker symbol VIBE has commenced following approval by the board of directors and majority of shareholders.

Key Points: 
  • The process to change the company's name to NuVibe, Inc. and apply for the new ticker symbol VIBE has commenced following approval by the board of directors and majority of shareholders.
  • NuVibe, Inc. will now initiate the official process with the Financial Industry Regulatory Authority (FINRA) to apply for the new ticker symbol, VIBE, reflecting the rebranding efforts.
  • Additionally, the company has retained legal counsel to assist in executing the name and symbol change with FINRA.
  • The legal team will also handle the application for the new name with the Secretary of State of Delaware to formalize the transition.

Kona Gold Beverages, Inc. Prepares for First Production Run Set to Launch May 17, 2024

Retrieved on: 
Monday, April 22, 2024
Kona Gold, Market, Partnership, Drink, KGKG

The introduction of HighDrate D9 Drinks marks a significant milestone for Kona Gold, as the company expands its offerings with these innovative beverages.

Key Points: 
  • The introduction of HighDrate D9 Drinks marks a significant milestone for Kona Gold, as the company expands its offerings with these innovative beverages.
  • Kona Gold Beverage, Inc., through its subsidiaries Kona Gold LLC and Covert LLC, has established a reputation for delivering premium, healthy energy drinks and products.
  • Kona Gold management is continuing to revitalize the brand with its anticipated refresh of www.konagoldbeverage.com website.
  • In addition to its announcement regarding the production run, Kona Gold Beverage, Inc. also wishes to highlight its partnership with Surge Distribution Company.

Kona Gold Beverages & Apple Rush Co. Execute Joint Venture & Manufacturing Agreement

Retrieved on: 
Thursday, April 11, 2024
Partnership, Life, Drink, KGKG

MELBOURNE, Fla., April 11, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a prominent holding company specializing in cutting-edge product development within the better-for-you and functional beverage sector, proudly announces its Joint Venture Agreement with Apple Rush Co., Inc. (OTC.PK: APRU) . Both companies are pleased to announce a groundbreaking joint venture agreement aimed at transforming the beverage industry landscape. This strategic partnership brings together the unique capabilities of both companies to innovate, manufacture, and market a range of cutting-edge products catering to evolving consumer preferences.

Key Points: 
  • Execute Joint Venture & Manufacturing Agreement
    MELBOURNE, Fla., April 11, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a prominent holding company specializing in cutting-edge product development within the better-for-you and functional beverage sector, proudly announces its Joint Venture Agreement with Apple Rush Co., Inc .
  • Kona Gold Beverages, renowned for its premium energy drinks and health-conscious offerings, joins forces with Apple Rush Co., a diversified holding company with extensive experience in farming and manufacturing within the nutraceutical space.
  • Apple Rush Co. CEO, David A Torgerud, echoed these sentiments, stating, "The collaboration with Kona Gold Beverages marks a significant milestone for Apple Rush and underscores our dedication to driving innovation and value creation.
  • Through collaborative product development, meticulous manufacturing processes, and strategic marketing initiatives, Kona Gold Beverages and Apple Rush Co. are poised to disrupt the functional beverage market landscape.

Kona Gold Beverages, Inc. Reports Over $3 Million in 2023 Revenues, Anticipates Robust Growth in 2024 Following Covert LLC Acquisition and Product Expansion

Retrieved on: 
Tuesday, April 2, 2024
Growth, Drink, KGB, KGKG, Acquisition, Kona Gold, CPG, Investment, Calendar, Blue Raspberry, Secrecy, Marketing

MELBOURNE, Fla., April 2, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a prominent holding company specializing in cutting-edge product development within the better-for-you and functional beverage sector, proudly reports revenues of approximately $3 million for the 2023 calendar year. Despite transitioning to new management towards the end of 2023 and successfully eliminating a significant amount of debt, the company maintained its revenue performance, setting a solid foundation for anticipated growth and success in 2024.

Key Points: 
  • Facing challenges in 2023, Kona Gold Beverage (KGB) is now poised for expansion and revenue enhancement in 2024.
  • To champion this strategic initiative, Kona Gold Beverages LLC is placing significant emphasis on its premier offering, the Kona Gold Energy Drinks.
  • Additionally, Covert LLC, a subsidiary of Kona Gold, continues its upward trajectory, reporting impressive first-quarter revenues exceeding $1.5 million.
  • Jared Fisher, CEO of Covert LLC, stated, "We are leveraging our strong first-quarter performance to propel Covert into its next phase of growth.

Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal

Retrieved on: 
Tuesday, March 26, 2024
E-commerce, Culture, Growth, Entrepreneurship, KGKG, Safety, Private investigator

MELBOURNE, FL, March 26, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a dynamic holding company specializing in product development within the better-for-you and functional beverage sector, proudly joins in the announcement of Covert LLC's latest advancements, poised to redefine industry standards and bolster shareholder confidence.

Key Points: 
  • Under the astute leadership of visionary entrepreneur Jared Fisher, Covert LLC unveils its newest offerings, notably the long-awaited Federally Legal D9 Gummies.
  • Covert LLC takes great pride in introducing its long-awaited eCommerce platform which will be going live in the coming weeks.
  • "With the introduction of our Federally Legal D9 Gummies and the up-and-coming eCommerce platform, we are poised to elevate consumer satisfaction and drive sustained growth."
  • With an unwavering dedication to delivering premium, health-conscious products, Covert LLC is positioned for continued success in the dynamic hemp-derived goods market.

Kona Gold Beverages, Inc. Achieves Current Information Status and Unveils New HighDrate D9 Drink Can Designs

Retrieved on: 
Tuesday, March 5, 2024
KGKG, Acquisition, Growth, Letter, Creativity

MELBOURNE, Fla., March 5, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a dynamic holding company specializing in product development within the better-for-you and functional beverage sector, is proud to announce that it has obtained Current Information Status in an expedited manner, rectifying previous management's oversights. This achievement underscores the company's commitment to transparency and regulatory compliance, laying a solid foundation for future growth and expansion.

Key Points: 
  • In addition to this milestone, Kona Gold is excited to unveil the eagerly anticipated new can designs for its flagship product, the HighDrate D9 Drink.
  • "We are thrilled to achieve Current Information Status and unveil our stunning new can designs for the HighDrate D9 Drink," said Brandon White, Chairman of Kona Gold Beverages, Inc. "These developments represent significant milestones in our journey to deliver exceptional products and drive shareholder value.
  • Additionally, our ongoing negotiations with potential acquisition targets underscore our commitment to strategic expansion and positioning Kona Gold for long-term success."
  • For more information regarding Kona Gold Beverage, please visit: https://konagoldbeverage.com .

Kona Gold Beverages, Inc. Unveils Exciting Rebranding: Introducing HighDrate D9 Seltzer Drink Line

Retrieved on: 
Tuesday, February 20, 2024
Citric acid, KGKG, Colada, Growth, Relaxation, THC, Taste, Drink, Blue Raspberry, Soft drink

ROCKLEDGE, Fla., Feb. 20, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a dynamic holding company specializing in product development within the better-for-you and functional beverage sector, is thrilled to announce a significant transformation in its product lineup with the launch of HighDrate D9 Seltzer Drink line. This rebranding marks a strategic shift towards innovation and meeting evolving consumer preferences.

Key Points: 
  • The HighDrate line has cultivated an incredibly loyal following among consumers, demonstrating its potential as a valuable asset for Kona Gold.
  • The new HighDrate D9 Seltzer Drink line replaces the HighDrate's CBD Energy Waters, offering consumers a refreshing and exhilarating experience with each sip.
  • Moreover, HighDrate D9 Seltzer Drinks uphold Kona Gold Beverages, Inc.'s commitment to ethical sourcing and consumer satisfaction.
  • For more information about HighDrate D9 Seltzer Drinks and Kona Gold Beverages, Inc., please visit https://konagoldbeverage.com/

Kona Gold Beverage Announces Participation of New Management Team at SE Petro Show in Myrtle Beach Exhibiting Rebranded Kona Gold Energy Drinks

Retrieved on: 
Thursday, February 15, 2024
Petro, Dark, Defunct, Record, KGKG, Growth, Documentation, White, Security (finance)

ROCKLEDGE, Fla., Feb. 15, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a dynamic holding company specializing in product development within the better-for-you and functional beverage sector, proudly announces the participation of its new management team at the upcoming SE Petro Show in Myrtle Beach on March 6th and 7th.

Key Points: 
  • "We are thrilled to have our new management team attend the SE Petro Show," said Brandon White of Kona Gold Beverage.
  • As we continue to expand our product line and explore new avenues for growth, the SE Petro Show aligns perfectly with our strategic objectives."
  • In addition to its participation at the SE Petro Show, Kona Gold Beverage announces plans to relocate its headquarters to new facilities in Melbourne, FL.
  • "Moving to new facilities in Melbourne represents an exciting chapter for Kona Gold Beverage," added White.

Kona Gold Beverages, Inc. Signals Strategic Growth with $5 Million Non-Dilutive Credit Line

Retrieved on: 
Tuesday, January 23, 2024
Drink, KGKG, Growth, Security (finance)

Under the visionary leadership of the new management team, Kona Gold Beverages, Inc. is taking a bold step towards sustained growth.

Key Points: 
  • Under the visionary leadership of the new management team, Kona Gold Beverages, Inc. is taking a bold step towards sustained growth.
  • The $5 million credit line is non-dilutive, meaning it does not have the option to convert into shares of the company.
  • Strategic Credit Line: The $5 million non-dilutive credit line will be used for production growth, market share expansion, and potential acquisitions.
  • Kona Gold Beverages, Inc. is poised for an exciting phase of growth, and this strategic financial move underlines the company's dedication to responsible expansion and shareholder value.