Kona Gold Beverages, Inc. Announces Strategic Initiatives and Corporate Direction Changes
Kona Gold Beverages, Inc. (OTCPK: KGKG) has announced strategic initiatives and corporate direction changes. The company is exploring reverse merger opportunities to bring in new management and shift its direction. This move aims to add significant value for shareholders and drive future growth. Kona Gold will continue operating its current subsidiaries while seeking to increase sales and revenues.
The company acknowledges the need for a completely new team to bring fresh ideas and energy. Unfortunately, Kona Gold was unable to finalize the acquisition of Surge Distribution Company from Loud Beverage Group due to unmet terms. Despite this setback, the company remains committed to its growth strategy and will continue seeking opportunities aligned with shareholder interests.
Kona Gold Beverages, Inc. (OTCPK: KGKG) ha annunciato iniziative strategiche e cambiamenti nella direzione aziendale. L'azienda sta esplorando opportunità di fusione inversa per introdurre nuove figure dirigenziali e modificare il proprio orientamento. Questa mossa mira ad aggiungere valore significativo per gli azionisti e a promuovere la crescita futura. Kona Gold continuerà a gestire le proprie attuali filiali mentre cerca di aumentare le vendite e i ricavi.
L'azienda riconosce la necessità di un team completamente nuovo per portare idee fresche ed energia. Sfortunatamente, Kona Gold non è riuscita a finalizzare l'acquisizione di Surge Distribution Company da Loud Beverage Group a causa di termini non soddisfatti. Nonostante questo contrattempo, l'azienda rimane impegnata nella sua strategia di crescita e continuerà a cercare opportunità in linea con gli interessi degli azionisti.
Kona Gold Beverages, Inc. (OTCPK: KGKG) ha anunciado iniciativas estratégicas y cambios en la dirección corporativa. La empresa está explorando oportunidades de fusión inversa para incorporar nueva dirección y cambiar su rumbo. Este movimiento tiene como objetivo agregar valor significativo para los accionistas y promover un crecimiento futuro. Kona Gold continuará operando sus subsidirias actuales mientras busca aumentar ventas y ingresos.
La empresa reconoce la necesidad de un equipo completamente nuevo para aportar ideas frescas y energía. Desafortunadamente, Kona Gold no pudo finalizar la adquisición de Surge Distribution Company del Loud Beverage Group debido a términos incumplidos. A pesar de este contratiempo, la empresa se mantiene comprometida con su estrategia de crecimiento y seguirá buscando oportunidades alineadas con los intereses de los accionistas.
Kona Gold Beverages, Inc. (OTCPK: KGKG)는 전략적 계획과 기업 방향 변경을 발표했습니다. 회사는 역합병 기회 탐색를 통해 새 경영진을 영입하고 방향을 전환하고자 합니다. 이러한 조치는 주주에게 상당한 가치를 추가하고 미래 성장을 촉진하기 위한 것입니다. Kona Gold는 현재의 자회사를 계속 운영하면서 매출과 수익을 늘리기 위해 노력할 것입니다.
회사는 신선한 아이디어와 에너지를 가져오기 위한 완전히 새로운 팀의 필요성을 인정하고 있습니다. 불행히도, Kona Gold는 충족되지 않은 조건으로 인해 Loud Beverage Group으로부터 Surge Distribution Company의 인수를 마무리할 수 없었습니다. 이 장애물에도 불구하고 회사는 성장 전략에 전념하고 있으며 주주의 이익에 맞는 기회를 계속 찾아 나갈 것입니다.
Kona Gold Beverages, Inc. (OTCPK: KGKG) a annoncé des initiatives stratégiques et des changements de direction d'entreprise. L'entreprise explore des opportunités de fusion inversée afin d'introduire une nouvelle direction et de changer son cap. Ce mouvement vise à ajouter une valeur significative pour les actionnaires et à stimuler la croissance future. Kona Gold continuera à faire fonctionner ses filiales actuelles tout en cherchant à augmenter ses ventes et ses revenus.
L'entreprise reconnaît le besoin d'une équipe complètement nouvelle pour apporter de nouvelles idées et de l'énergie. Malheureusement, Kona Gold n'a pas pu finaliser l'acquisition de la Surge Distribution Company de Loud Beverage Group en raison de conditions non remplies. Malgré ce revers, l'entreprise reste engagée envers sa stratégie de croissance et continuera à chercher des opportunités alignées sur les intérêts des actionnaires.
Kona Gold Beverages, Inc. (OTCPK: KGKG) hat strategische Maßnahmen und Änderungen der Unternehmensführung angekündigt. Das Unternehmen prüft Möglichkeiten einer umgekehrten Fusion, um neues Management zu gewinnen und seine Ausrichtung zu ändern. Dieser Schritt zielt darauf ab, den Aktionären erheblichen Wert zu bieten und zukünftiges Wachstum voranzutreiben. Kona Gold wird seine aktuellen Tochtergesellschaften weiterhin betreiben und gleichzeitig versuchen, den Umsatz und die Einnahmen zu steigern.
Das Unternehmen erkennt die Notwendigkeit eines völlig neuen Teams an, um frische Ideen und Energie einzubringen. Leider konnte Kona Gold die Übernahme der Surge Distribution Company von Loud Beverage Group aufgrund nicht erfüllter Bedingungen nicht abschließen. Trotz dieses Rückschlags bleibt das Unternehmen seiner Wachstumsstrategie verpflichtet und wird weiterhin nach Möglichkeiten suchen, die den Interessen der Aktionäre entsprechen.
- Exploring strategic reverse merger opportunities to add significant value for shareholders
- Commitment to bringing in new management and fresh perspectives
- Continued operation of current subsidiaries with focus on increasing sales and revenues
- Failed acquisition of Surge Distribution Company from Loud Beverage Group
- Inability to meet necessary terms of the acquisition agreement
Kona Gold Beverages, Inc. will continue to operate its current subsidiaries and maintain its commitment to increasing sales and revenues. The company believes that the addition of substantial assets and revenues through these new strategic partnerships will provide significant benefits to shareholders, offering a fresh start and a more promising future.
The company recognizes the need for a completely new team to bring in new ideas, fresh energy, and clear separations from the past. This move is intended to ensure a brighter future for the company and its shareholders, and to continue the current management team's best efforts to distance itself from past management.
In addition to these new initiatives, Kona Gold Beverages, Inc. wishes to address recent developments regarding its acquisition of Surge Distribution Company from Loud Beverage Group. Unfortunately, Kona Gold was unable to meet all the necessary terms of the acquisition agreement, resulting in the failure to finalize the acquisition, and the ultimate reversion of Surge Distribution to Loud Beverage Group.
Kona Gold Beverages, Inc. remains committed to its growth strategy and will continue to seek out opportunities that align with the best interests of its shareholders. We appreciate the ongoing support and patience of our shareholders as we navigate these exciting changes and look forward to sharing more updates in the near future.
For more information regarding Kona Gold Beverage, please visit: https://konagoldbeverage.com/
About Kona Gold Beverage, Inc.
Kona Gold Beverage, Inc., operates as a holding company for innovative brands. Through its subsidiaries, Kona Gold LLC, Covert LLC, and Surge Distribution, LLC, it offers a diverse range of healthy energy drinks and other premium products and distribution services. Kona Gold's premium line of energy drinks caters to health-conscious consumers, alongside its innovative HighDrate D9 Drinks. Covert LLC, operating out of
Investor Relations Contact:
Phone: 844-714-2224
Email: investorrelations@konagoldbeverage.com
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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. The Company may also make written or oral forward-looking statements in its filings with the
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SOURCE Kona Gold Beverage, Inc.
FAQ
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