RE:KBEV is a disaster zone chapter 2Now this is what I wanted to see.
I agree Walmart did not work out. I had looked for them among their list of customers some time ago (last financials MD&A perhaps??) and it was not there, despite the fact it WAS in stores at some point. .
Now I know absolutely nothing about eh "insides" here but I do know that to try and service all of Walmart in their early stage was just not going to happen. They simply could not fulfill a chain wide purchase order. Could they service local markets? Perhaps, dunno. But another valid explanation is that it is too big an account to tackle today.
THC beverages is actually a deal with KEEF
https://www.keefbrands.com/collections/keef-recreational-cannabis-products whereby for those drinks that contain KOIOS Nootropics, they share the gross margin on sales. So no KOIOS branded THC beverage was talked about in that NR
The rest is simply speculation
Overall, I have no delusions. This is an early stage, still risky investment in a company that may or may not be around in 5 years. But I have not yet seen anyting that says they have no chance at success. In fact I see incremental wins, and financial statements that actually do reflect its "emerging beverage maker" operations.
CactusTrip wrote: They had deceptive news about Walmart dispensing thier lame beverages in all retail stores, was actually only a few, revenue is dismal.
They lied about researching and releasing a THC beverage a year ago. False, and now they hide from alny questions contacted on this subject.
They pay online pumpers large cash to promote this toxic stock that crashes every time its risen over 5% as insiders escape with cash.
The maagement is in hiding and never shares anything with shareholders after its 75% selloff profit taking on the hyped pump and dump Walmart deception.
Stock is now near all time lows after 3 years of B S.
Not a single analyst will touch this junk. List goes on and on.