Current Status & Milestones, Kona Gold Coffees Kona Gold Coffees was founded by David Cooper 18 months ago. During this time, Mr. Cooper has been doing market research, locating the site, obtaining suppliers, setting up retailer distribution, purchasing equipment, and seeking the necessary capital to spring board the company. We will open business with ten employees, including the president, and we stand ready to buy our raw material and begin production as soon as we acquire the last component of financing. Our target opening date is January 1. Our market analysis will show that our retail customer base has already arranged for enough orders for six inventory turnovers – approximately 3 months of sales. To date, we have raised $210,000 in capital which has mostly been used in startup costs, leasehold improvement, and equipment. While we have approximately $40,000 in cash on hand, we can see from our cash flow projection that we should establish a commercial line of credit for $100,000 to safely launch our new business.