Company working to file S-1 within 45 days
MELBOURNE, Florida, Jan. 28, 2020 /PRNewswire/ — Kona Gold Solutions, Inc. (OTC Pink: KGKG), a hemp and CBD lifestyle brand focused on product development in the functional beverage sector, is pleased to announce it has submitted its OTCQB application. The Company recently completed its 2017 and 2018 financial audit by its PCAOB auditor.
Kona Gold is to begin the audit on its 2019 financials next month. The Company is simultaneously working on its S-1, which it plans to have filed in the next 45 days. Once its S-1 has been filed, the Company will move from being an alternative reporting Company to a fully reporting Company with the SEC.
SCROLL TO CONTINUE WITH CONTENTAd "I am excited to announce to our shareholders that we have completed our 2017 and 2018 audit and filed our OTCQB application," stated Robert Clark, CEO of Kona Gold Solutions, Inc. "The OTCQB approval process can take up to four weeks, but could happen earlier. We will also be posting our 2017 and 2018 audited financials within a week. We are scheduled to begin our 2019 audit next month and we are currently working through our S-1, which we plan to file within the next 45 days."
Clark continued, "We are taking the necessary steps to become a fully reporting public company, which will further separate us from other companies in our sector and garner national attention the Company deserves."
Kona Gold recently had a second meeting with a large southeast supermarket chain. The Company is moving forward with partnering with that chain to sell its Kona Gold Hemp Energy Drinks across several states and will announce updates as they unfold.