Kona Gold Solutions, Inc. Retires 160 Million Shares

ROCKLEDGE, Fla., April 19, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--Kona Gold Solutions, Inc. (OTC Pink:KGKG), a hemp lifestyle brand focused on product development in the functional beverage sector, is pleased to announce the retirement of One Hundred and Sixty Million (160,000,000) shares of common stock by the Company’s Management Team. 

The Company has been working diligently to maintain a solid share structure and felt it was necessary to retire a significant number of common stock shares to help increase shareholder value.  Kona Gold’s management team was able to negotiate the retirement of One Hundred and Sixty Million (160,000,000) shares of common stock.  The current Issued and Outstanding as of April 19th, 2018 is 486,465,449.
 
“The Company is coming off our best 30 days of sales and there is no better way to cap that than announcing the retirement of a significant number of shares by the Company,” stated Robert Clark, CEO of Kona Gold Solutions, Inc. “We are positioning the Company to have an incredible year and we will be updating our shareholders shortly on our increase in sales and revenue.”
 
The Company recently announced two new distribution partners in Chicago, IL and Jacksonville, FL.  Both distributors have received product and the Company foresees great opportunities in these regions and is working closely with these distributors to ensure their success.
 
For more information regarding Kona Gold Solutions, please visit:
 
http://www.konagoldhemp.com
https://www.facebook.com/konagoldhemp
https://twitter.com/konagoldhemp
https://www.instagram.com/konagoldhemp/
 
For more information regarding HighDrate, please visit:

http://www.highdrateme.com
https://www.facebook.com/HighDrateMe/
https://twitter.com/highdrateme
https://www.instagram.com/highdrateme/
 
Kona Gold Solutions, Inc.:
 
Kona Gold Solutions, Inc., a Delaware Corporation, has created wholly owned subsidiaries, Kona Gold LLC, HighDrate, LLC, and BitHive Mining, LLC.  Kona Gold, LLC has developed a premium Hemp Infused Energy Drink line, Energy shots, and Apparel; please visit the Company’s website at www.konagoldhemp.com.  HighDrate, LLC has developed the beverage industry’s first CBD Energy Water, available in 4 delicious flavors; please visit the Company’s website at www.highdrateme.com.  BitHive Mining, LLC will be solely focused on mining cryptocurrencies via custom built mining hardware.  The Companies are located on the east coast of Florida in Rockledge, FL.

Safe Harbor Statement:
 
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.  
 
Investor Relations Contact:
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