Kona Gold
Beverages, Inc. Achieves Current Information Status and Unveils New
HighDrate D9 Drink Can Designs
Company actively
engaged in negotiations with multiple acquisition
candidates
MELBOURNE, FL --
March 5, 2024 -- InvestorsHub NewsWire
-- 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.
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. These innovative
designs reflect the brand's dedication to quality, creativity, and
consumer appeal. The sleek and modern aesthetic is poised to
captivate both existing fans and new customers alike, further
solidifying Kona Gold's position as a leader in the functional
beverage market.
Furthermore, Kona Gold is actively
engaged in negotiations with multiple acquisition candidates. These
candidates are revenue-generating and profitable
multimillion-dollar companies that offer synergistic opportunities
to enhance Kona Gold's portfolio and accelerate its growth
trajectory. Importantly, the company anticipates signing letter of
intents and acquisition agreements with these candidates as early
as next week. These acquisitions will not only augment the
company's product offerings but also bring onboard seasoned
management teams, bolstering Kona Gold's already formidable talent
pool.
"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."
Stay tuned for further updates on
Kona Gold's progress and developments as the company continues to
innovate, grow, and evolve in the dynamic functional beverage
market.
For more information regarding Kona
Gold Beverage, please visit:
https://konagoldbeverage.com/
About Kona Gold Beverage,
Inc.
Kona Gold Beverage,
Inc., a Delaware corporation, operates its wholly-owned subsidiary,
Kona Gold LLC.
Kona Gold, LLC has
developed a premium Hemp-Infused Energy Drink line; please visit
its website at
www.konagoldhemp.com. Kona Gold is
located on the east coast of Florida in Melbourne.
Safe Harbor Statement:
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. The Company may also make written or
oral forward-looking statements in its filings with the U.S.
Securities and Exchange Commission, in press releases and other
written materials, and in oral statements made by its officers,
directors or employees to third
parties.
There can be no assurance that such
statements will prove to be accurate. The Company cautions that these
forward-looking statements are further qualified by other factors
including, but not limited to, those set forth in the Company's
Annual Reports on Form 10-K and its other filings with the
Securities and Exchange Commission. 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. The Company does not undertake any
obligation to update publicly or to revise any statements in this
release, whether as a result of new information, future events, or
otherwise.
Investor Relations
Contact:
844-714-2224
investorrelations@konagoldbeverage.com