{"id":3796,"date":"2014-02-04T14:11:25","date_gmt":"2014-02-04T14:11:25","guid":{"rendered":"\/?p=3796"},"modified":"2014-02-04T14:13:57","modified_gmt":"2014-02-04T14:13:57","slug":"konared-corp-otcbbkred-digs-down-deeper","status":"publish","type":"post","link":"\/articles\/konared-corp-otcbbkred-digs-down-deeper\/","title":{"rendered":"KonaRed Corp. (OTCBB:KRED) Digs Down Deeper"},"content":{"rendered":"

Just a few days ago, KonaRed Corp. (OTCBB:KRED<\/a>) posed the question- when would it begin the fall. Now, after wiping out half the stock price, there is the question of when it would be a turn for a rebounce. KRED<\/a> slid down another 16% on Monday, reaching $0.75, on $1.65 million selling volumes. \"KRED0402.png\" <\/p>\n

KRED<\/a>, not to be confused with larger Hawaiian brewers, is a Nevada incorporated entity, and only Hawaiian in name. The islands are known for having no bottling facilities of their own, thus it is natural that most local-sounding drinks would be exported elsewhere.\"WTER0402.png\"<\/p>\n

On the whole, KRED<\/a> remains a company with a longer-term potential in a constantly growing and rather active industry. KRED<\/a> secured financing and claimed to expand its distribution network- but the real engine behind the recent growth was a pump campaign combining paper mailers, emails, a landing page and PR extras. All of this lasted until the abrupt ending, when a SeekingAlpha article put an end to the party and send the shares spiraling down with criticism.<\/p>\n

Before securing $1 million in a private placement, KRED<\/a> showed large deficits:<\/p>\n