| KRED | 09:55am EDT | 0.28 | +0.02 | +5.95% | 0.26 | 0.28 | 41,450 | 207,344 |
| KonaRed Founder, CEO, President Addresses Share Price: "Our Business Has Never Been in Better Shape" at PR Newswire Wed 9:02am | ||
ear KonaRed Shareholders:
We have received a number of messages from concerned investors about the recent decrease in our stock price (OTCBB/OTCQB: KRED).
We are always asked: What is the reason? Quite frankly, this befuddles us as much as it does you. Sometimes snowballs roll downhill and gain a momentum of their own. But this is beyond frustrating since this snowball never should have started rolling in the first place.
The Business of your Company has never been in better shape. We are projecting that 2014 sales will double over our previous year. We have placed our beverages and wellness products on the shelves of some of the most prestigious retailers in the U.S. These efforts continue today as we expand distribution within our existing retail partners and seek to add new key accounts.
Mr. Robert Nistico, CEO of our distributor partner Splash Beverage Group, characterizes our prospects as follows:
"We have been very impressed with the interest in KonaRed among major retailers and distributors across the country. Placements and authorizations continue to increase each month. We see a bright future for KonaRed as availability grows and consumers experience KonaRed for themselves.
The partnership between our two organizations is virtually brand new and we are making good progress … a good brand that delivers its promise; good tasting liquid and good people is almost always a winning combination."
So far this year we have lots of good news - and no bad news - and we hope this letter addresses any concerns you may have about the direction of your Company. I know we hear often from you on how much you like our products. We want you to like us as an investment as well, and will stay the course as we build out what we see as becoming a fantastic business and a fantastic company.
I am pleased to share some of the recent milestones we have accomplished:
* Our consumer product sales for the first six months of this year grew 64 percent to $782,620 and our total revenues increased 24 percent to more than $918,000. The momentum is headed in the right direction. However, we're not complacent and our entire team is pushing hard to move growth along faster.
* We recently announced expansion into the New York City metropolitan area, the capital of consumer spending in our country. If you are in Manhattan, the Bronx, Queens, Brooklyn or Staten Island, as we round out distribution, you can enjoy KonaRed everyday.
* Your Company's products are in more than 2,100 Walmarts nationwide. We support our product with in-store demonstrations, including handing out a free taste sample, which has proven important in increasing sales. For the many of you who have taken the time to write or call about our products, you know that one taste can turn you into an immediate fan.
* We are about to launch in many Kroger banners, including Kroger family stores like Ralphs and Fred Meyer. You can also find us in select Whole Foods, Safeway and 7-Eleven, among many other stores. Nature's Best now distributes our supplement products, such as 100% Hawaiian CoffeeBerry® Powder in 16oz. tubs.
* KonaRed nutritional products are also available in select Vitamin Shoppe locations nationwide, as well as vitaminshoppe.com. This expands our brand to wellness consumers in a new class of trade, even beyond the traditional grocery or convenience stores in which we have made so much progress.
* We get lots of calls and e-mails about finding the product and we're happy to help. So we've made it very easy for everyone with our store locator online. Simply put your location into www.konared.com/find-a-retailer and you'll be enjoying our products in a short period of time.
* A key to our growth is a sales and marketing agreement we executed in April with Splash Beverage Group. They are simply the best at what they do. One of their executives, deeply involved with KonaRed, is noted for his success as one of the chief architects marketing Red Bull in North America. And we all know how well that turned out. We couldn't have better experienced partners.
If you have a few minutes, I'd like to speak to you directly. Please puthttp://ceolive.tv/konared-corp/kred-videos/2270-ceolive-tv-interview-shaun-roberts-ceo-of-konared-corp into your browser so that you can see me, my passion and, I hope, my honest approach to marketing.
It's also worth stating that we do not control the market and are not a 'concept company'. We are a value play. We hope investors will understand that we are building the base for substantial returns over a period of years, not days or months. For investors who have a very short term-high return expectation, we might not be the right stock for them. What we are building is real and as such requires time for execution. We're keeping investors up to speed by fully disclosing all the solid things we are now achieving.
In conclusion, I can report with complete confidence that our fundamentals are strong and we see a positive outlook for KonaRed. We ask for your patience as we grow and hope we will have your continued support.
Sincerely,
Shaun Robert
Founder, President, CEO
About KonaRed Corporation
| Pulse Establishes International Presence In Mexico As Part Of Its Long-Term Growth Strategy at PR Newswire Wed 7:00am | ||
| Latteno Exceeds Record Revenue Pace: Q2 Revenue Approaches $4.0M at Accesswire Tue 7:26pm | ||
DENVER, CO, United States / ACCESSWIRE / Latteno Food Corp. (OTC Pink: LATF) (LATF) is pleased to announce that preliminary 2014 Q2 figures have exceeded 2013's Q2 record revenues. The continued gains can be attributed partly to the wholly-owned subsidiary company, Mekonza, and it's steady shipment growth of fresh seafood products both domestically and internationally. 2014Q2 3 month revenue increased to $3,988,418; and the Q2 6 month revenue increased to $7,784,538.
The company is pleased that its recently reported, aggressive, MMJ initiatives continue to build sustainable revenue streams; and reports that revenue from recently announced Colorado grow farm operations will be included in Q3 revenue results.
The company is currently finalizing the financial statements and quarterly disclosure documents for timely submittal to OTC Markets, as required to maintain its OTC Pink Current Information status, the highest of OTC Pink Marketplace Segments.
"Our Mekonza subsidiary continues to provide steadily increasing revenue flow that has been able to grow and withstand outside industry obstacles" commented CEO, Thu Le. "The stability of Mekonza's operations have permitted us to continue our aggressive, complementary MMJ initiatives that are already beginning to grow revenue from a number of revenue streams. We look forward to a positive second half of 2014 and expect improvement from all areas, particularly with the inclusion of our Colorado grow farm operations in next quarter's financials."
The company believes that its Colorado MMJ grow farm partnership project is an integral part of its overall MMJ Strategy. New ventures and initiatives have been developed to provide complementary, sustainable revenue streams in the MMJ sector.
| Max Sound Corp. Files Two Lawsuits Against Google, Accusing Search Giant of Misappropriating Proprietary Digital Video Streaming Technology at PR Newswire Tue 12:27pm | ||
| DKAM | 09:41am EST | 0.0010 | +0.0001 | +11.11% | 0.001 | 0.001 | 2,806,530 | 242,938 |
8. Outerwall, Inc: An Attractive Out Of Favor Business by David Tristan Liu
Notable earnings before today's open: AIT, CAE, CSIQ, DE, EZCH, IOC, M, MEA, PF, SEAS
Notable earnings after today's close: ANW, AZPN, CNAT, CSCO, EXXI, GEVO, IAG, NDLS, NTAP, NTES, OCLR, PAAS, SLW, VIPS, VJET, WX, XONE, YUME
Alright we won't waste any time, the momo for today is:
FreeSeas Inc.
Symbol: FREE
Last Trade: 46 cents
FREE is a Marshall Islands corporation with principal offices in Athens, Greece. FreeSeas is engaged in the transportation of drybulk cargoes through the ownership and operation of drybulk carriers. Currently, it has a fleet of Handysize and Handymax vessels. For more information about FreeSeas Inc., please visit the corporate website,www.freeseas.gr.
As we said this is a momentum play, so as the action heats up make sure you are in a position to book your profits with FREE.
Disclaimer: Greenbackers does receive compensation from a third party from time to time to help expand awareness with KRED and their product line. | |||||||||||
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