Ever had that moment, coffee in hand, scrolling through stock charts, and suddenly you wonder: did KGKG (Kona Gold Beverage, Inc.) ever split its stock, or maybe do one of those dreaded reverse splits? You're not alone—I've had traders DM me about this, and even ran into someone at a fintech meetup who just wanted to know before buying in. This article digs deep into KGKG's historical stock splits, reverse splits, and any major share structure changes, using real filings, screenshots, and a touch of personal misadventure. Plus, I’ll break down how "verified trade" standards differ across countries (with a little table for the nerds).
Short answer: As of my last detailed check in June 2024, there is no official record of KGKG (Kona Gold Beverage, Inc.) having conducted any stock splits or reverse splits. The company’s SEC filings, OTC Markets disclosures, and historical press releases show no announcements or actions detailing such corporate events.
But let’s not just take my word for it. We’re going to walk through what I did to research this, see some screenshots, and even talk about what "major changes in share structure" might look like for a company like KGKG.
Trust me, don’t start with those random stock forums—their rumors are wild. Go straight to the OTC Markets KGKG page and the SEC EDGAR search for KGKG. I started by typing "stock split", "reverse split", and "share structure" into the search bars of both.
Here’s what the OTC Markets “Disclosure” tab looks like for KGKG (screenshot from my browser):
I scanned every Annual Report and Quarterly Update for the keywords above. Nothing popped up—no mention of any splits.
Some companies sneak in split announcements in press releases, so I hit up GlobeNewswire and OTC Markets News. Again, nada—just the usual fluff about new distribution deals and product launches.
Honestly, I wasted a good hour here, double-checking every year from 2017 to 2024, because I once missed a penny stock split buried in a random “corporate update” before. Not this time.
Okay, here’s where it gets a little technical—but hang with me. If a stock split or reverse split happened, you’d see a sudden jump or drop in the “Outstanding Shares” or “Authorized Shares” in the company’s filings. I pulled up the “Share Structure” chart from the OTC Markets page, which looks like this:
The numbers move a bit over time (probably for fundraising), but there’s no sudden 10x or 1/10th adjustment that would indicate a split event.
At this point, I messaged a buddy who’s an OTC filings nerd—literally reads 10Ks for fun. He pointed me to KGKG’s Security Details page and said, “If there was a split, you’d see a note here or a big spike/dip in share count. If it’s not there, it didn’t happen.”
For completeness, I even checked the Bloomberg KGKG page and Yahoo! Finance history. Both showed a consistent price chart, with no abrupt moves that would indicate a split.
According to the SEC’s guide on stock splits, any U.S. public company must disclose splits in an 8-K or press release. No such filings exist for KGKG, per the EDGAR system.
Let me quickly tell you about another OTC company—let’s call them “ABC Corp.” They did a 1-for-100 reverse split in 2022. One day, shareholders woke up to find their 100,000 shares were now just 1,000. The news was everywhere: SEC 8-K filing, OTC Markets alerts, even Reddit threads full of confusion. That’s what you’d expect with a real split—total transparency (and chaos). KGKG? Nothing like that, as of 2024.
Since we’re on the topic of transparency, here’s how “verified trade” (meaning, officially recorded and regulated share trades) standards differ by country. I pulled this together from WTO, USTR, and OECD docs.
Country/Region | Standard Name | Legal Basis | Supervising Agency | Notes |
---|---|---|---|---|
USA | Regulation NMS | SEC Rule 611 | SEC | Covers all registered exchanges, requires official reporting |
EU | MiFID II/MiFIR | EU Directive 2014/65/EU | ESMA | Strict post-trade transparency, pan-EU reporting |
China | SSE/LSE Regs | SSE Listing Rules | CSRC | Centralized reporting, but less public disclosure |
Japan | JSDA Standards | JSDA Rules | FSA/JSDA | Broker-based verification, TSE reporting |
Canada | NI 21-101 | OSC Rule 21-101 | IIROC/OSC | Requires all trades to be reported in real-time |
As a compliance officer for a mid-sized brokerage (let’s call him “Tom”), once told me: “In the U.S., if a company changes its share structure, it’s not just a courtesy to report it—it’s the law. That’s not always true in other countries, especially for non-exchange trades. When I worked in Hong Kong, we had to cross-check multiple sources just to verify a split had even happened.”
That’s why, when you’re investing in something like KGKG, you want to trust the American disclosure system. If there was a split, you’d know.
So, after digging through official filings, shaking down a few experts, and nearly falling for a couple of old message board rumors, here’s the bottom line: KGKG has not done a stock split or reverse split as of June 2024, and there are no major share structure changes on record that would suggest otherwise. If you see rumors to the contrary, they’re just that—rumors.
If you ever need to check this for another company, skip the hype and hit up SEC EDGAR or OTC Markets first. And if you’re watching for splits, set alerts for the company’s 8-Ks and press releases—don’t wait for your broker to tell you after the fact.
Next Steps? If you’re an investor, keep an eye on the SEC Filings page and the OTC Markets disclosure tab. If anything changes, it’ll show up there first.
And if you do spot something weird—say, a sudden 1:1000 reverse split at midnight—shoot me a DM or ping a compliance pro. Sometimes even the pros miss stuff, but with the right sources, you won’t be left holding the bag.