NIA's Koios Beverage (CSE: KBEV) gained by $0.25 or 41.67% today to close at $0.85 per share on HUGE volume of 3,686,868! In the U.S., KBEV trades under the symbol KBEVF and gained by $0.2036 or 45.61% today to $0.65 per share!
KBEV hit a new all-time high today of $0.87 per share for a gain of 222.22% from NIA's June 4th alert at $0.27 per share when NIA predicted that KBEV would far outperform Canopy Growth (CGC) in the months ahead. CGC on June 4th was trading for $29.12 per share and has since gained by $23.28 or 80% to $52.40 per share. NIA was 100% correct, KBEV since June 4th has gained 2.7X more than CGC!
This past Tuesday evening, after KBEV gained by $0.10 to close at $0.53 per share, NIA predicted that KBEV was getting ready to surpass its key breakout point of $0.62 per share. In a follow-up alert the following morning, NIA predicted that with Coca-Cola looking to invest big into the CBD-infused beverage space, KBEV had potential to explode to $1 per share within days of surpassing its key breakout point! Yesterday afternoon at 2:26PMEDT, NIA sent out an urgent alert about KBEV surpassing its key breakout point!
Right now, very few investors other than NIA members are aware of KBEV, but this will likely change in the upcoming days. On Wednesday, NASDAQ-listed New Age Beverages (NBEV) announced that it will be introducing a CBD-infused beverage product and the stock immediately gained by 54.96% to $4.37 per share. Today, NBEV gained another 79.63% to a new all-time high of $7.85 per share on enormous volume of 125 MILLION shares. In afterhours trading, NBEV is up another 18.34% to $9.29 per share.
NBEV has 49.4 million shares outstanding vs. KBEV's 50 million shares outstanding. Because NBEV trades in USD, it is comparable to KBEV's U.S. symbol: KBEVF. NBEV closed today with a market cap of $387.79 million and in afterhours trading NBEV's market cap rose to $458.93 million. This compares to KBEVF's current market cap of only $32.5 million!
NBEV is currently worth 14.12X more than KBEV/KBEVF and this is absolute insanity! KBEV first announced its CBD-infused beverage product several months ago, well before it became the #1 hottest business space on Wall Street! KBEV has a real product that it has been developing for many months. NBEV didn't announce its product until days after Bloomberg reported on Coca-Cola looking to invest big into the CBD-infused beverage space!
KBEV besides its CBD-infused beverage products will also be launching a line of THC-infused beverage products in partnership with Keef Brands, a company that already has major distribution throughout Colorado! NBEV hasn't announced plans for any THC-infused beverage products!
Both KBEV's CBD-infused beverage products and THC-infused beverage products will hit store shelves in October. NBEV promises to "debut" its CBD-infused beverages at an October convenience store tradeshow and says it will begin taking orders at that time, but hasn't said when it will ultimately reach store shelves. KBEV began taking orders months ago and has already sold out for October delivery!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from KBEV of $80,000 cash for a 90-day investor relations contract. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.