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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » KRED exploding growth focus @ .48 from 540 outlets January 1st to over 2800

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Author Topic: KRED exploding growth focus @ .48 from 540 outlets January 1st to over 2800
greenbackers
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Finding value in KRED at .48, following an earlier spring runup from .uppr .40s to .80 prompted by exploding growth news last April:

...
KonaRed Announces First Quarter Retail and Distributor Successes; Company's Growth in Retail Increases More Than 500% During First Three Months of 2014Marketwired(Tue, Apr 8)

What was most impressive within the report was how fast their distribution channels/retail outlets had increased...They went from 540 outlets January 1st to over 2800 by the end of the quarter (March 31st)...Wow!....This included landing a huge deal with Walmart late March whereby KonaRed Original became available in more than 2,100 of their stores....In addition, they landed a third party contract whereby KonaRed and KonaRed Organic Green Tea were made available at WholeFoods, among others.

What has followed has been a steady stream of deals:

KonaRed Corporation Products Now Featured in More Than 50 Fred Meyer StoresPR Newswire(Thu, Jun 12)

•KonaRed Corporation Raises First $500,000 from $12 Million Equity LinePR Newswire(Mon, Jun 2)
KonaRed Corporation Adds Nature's Best as New CustomerPR Newswire(Thu, May 29) KonaRed Nutritional Products Now Available in Select Vitamin Shoppe Locations NationwideMarketwired(Thu, May 1) KonaRed Corporation Executes Sales & Marketing Agreement to Expand Major U.S. Distribution Deal With Splash Beverage GroupMarketwired(Mon, Apr 28)

KonaRed Corporation Announces Addition of Four Major Hawaiian Grocery Chains to Its Retail Distribution NetworkMarketwired(Tue, Apr 22)



Now that the stock is down 42% from the run and sitting at levels prior to the run, the risk/reward in upper .40s has become quite appealing. Debate for wipsaw, especially if deals continue to mount.

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Posts: 24 | Registered: Oct 2012  |  IP: Logged | Report this post to a Moderator
   

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