KonaRed Corporation Announces Sales Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the First Quarter Ended March 31, 2014
For the first quarter the company expects net loss to be approximately $995,000 or $0.02 per share, versus $149,848, or nil per share a year ago. When the net loss for first quarter 2014 is adjusted to exclude non-cash options grant expenses totaling $601,434, the net loss for first quarter 2014 decreases to $393,566 or $0.01 per share.