Business
KonaRed Corporation Provides Quarter One Update
KonaRed Corporation Provides Quarter One Update.
About this update from Konared Corporation
[{"type":"text","content":"\n\n\n\nKonaRed Corporation Provides Quarter One Update\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nKonaRed Corporation Provides Quarter One Update\nCompany's busy Q1 included strong launch of cold brew coffees, creation of new website and hiring of direct sales team\nPR Newswire\nKOLOA, Hawaii, April 13, 2016\n\n\n\nKOLOA, Hawaii, April 13, 2016 /PRNewswire/ -- KonaRed Corporation (OTCQB: KRED), a pioneer of the coffee fruit category and manufacturers of antioxidant juices, Kona coffee products and nutritional supplements from the unique and exclusive Hawaiian CoffeeBerry® brand coffee fruit from Kona, Hawaii, today provided a Q1 2016 progress update.\n\n\nTo increase revenue, in Q1 the executive team focused on increasing sales and expanding KonaRed's product lines. These efforts are now yielding results. Highlights include the successful launch of the KonaRed® Cold Brew Coffee product line. This product officially entered the market in select stores on February 15th and has seen explosive growth. In its very short time on the market, KonaRed Cold Brew Coffee has been accepted by  over 60 independent retailers in the San Diego and Orange County, CA, area and is now hitting the shelves of most major retailers in Hawaii, including Safeway, Whole Foods, Down to Earth and Foodland. Distribution deals have also been signed in the Pacific Northwest, Northern California, San Diego, Hawaii and Las Vegas.  The Company expects these new distribution arrangements will lead to continued sales growth for the three varieties of KonaRed Cold Brew Coffees and will add to sales of KonaRed's other products.\n\nKonaRed's President and COO, Kyle Redfield, commented, \"Our Cold Brew Coffee product line launch has been fast and furious out of the gate. We are thrilled with the early results. This product has been very well received by retailers on the West Coast and Hawaii, and the velocity of product being sold out of those retailers is well over four times what we normally see for our premium juices. The cold brew coffee category is exceeding our expectat...