Kona Gold Beverage Inc. (OTCMKTS:KGKG) Stock Goes Parabolic: Rockets 165% In a Week
Shares of Kona Gold Beverage Inc. (OTCMKTS:KGKG) have been showing solid upmove over the past week.
Market Stats
On Thursday, KGKG stock went up 19% to $0.0100 with 145.17 million shares, compared to its average volume of 13.52 million shares. The stock moved within a range of $0.0082 – 0.0129 after opening trading at $0.0082.
Kona Gold Beverage Officially Launches All-Natural Sparkling Line of Ooh La Lemin Lemonades
Kona Gold Beverage, Inc. (OTCMKTS:KGKG) has announced the launch of its brand new Sparkling Ooh La Lemin Lemonades. Formulated using all natural ingredients, it contains no sugar, gluten, or GMO. It is made using fresh and real fruit juices, and loaded with vitamin C – contains just 10 calories! This is the company’s first all-natural beverage line.
They are already in the process of collaborating with buyers at many national big box stores and large grocery chains in the Southeast United States. Since it is an all-natural beverage, the company can now approach grocery chains too. The team is presently engaged in setting up meetings with buyers at leading health chains.
At the recent exhibition in the 2022 SE Petro Show in Myrtle Beach, SC and the Sparkling Ooh La Lemin Lemonades, were extremely popular with buyers, store owners, and distributors that sampled them at the company booth.
Sparkling Ooh La Lemin is available in 12 oz sleek cans, and comes in 6 delicious flavors: Blue Raspberry, Citrus Splash, Cucumber Watermelon, Huckleberry, Original, and Pineapple Mango.
The beverage can be immediately purchased from the company’s Ooh La Lemin website and will soon be available at the Amazon and Walmart Marketplace. The company’s non-sparkling Ooh La Lemin Lemonades will be sold in Walmart brick and mortar stores. It comes in 16 oz cans, in 4 yummy flavors.
Key Quote
“I am excited to be announcing the launch of our new Sparkling Ooh La Lemin Lemonades,” stated Robert Clark, CEO of Kona Gold Beverage, Inc. “We have already sent out samples to several buyers and distributors around the country and everyone wants meetings. We have never seen this kind of demand for a product and with it hitting several hot categories like sparkling and better-for-you, we strongly feel this product line is going to be a huge hit with our consumers.”
Traders Corner
KGKG stock is trading above the 50-Day and 200-Day Moving averages of $0.0057 and $0.0054 respectively. However, the stock is trading below the 20-Day moving average of $0.0136.
