SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Willsey Gregory Thomas

(Last)

(First)

(Middle)

101 CALIFORNIA AVE SUITE 401

(Street)

SANTA MONICA

90403

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/24/2017

3. Issuer Name and Ticker or Trading Symbol
KonaRed Corp [ KRED ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A Preferred Stock⁽¹⁾	⁽²⁾	⁽²⁾	Common Stock	56,518,511	$0.0283	I	By Kona Holdings I LLC⁽³⁾
Series A Preferred Stock⁽¹⁾	⁽²⁾	⁽²⁾	Common Stock	21,194,442	$0.0283	I	By Kona Holdings II LLC⁽⁴⁾
Warrant (Right to Buy)⁽⁵⁾	10/24/2017	10/24/2027	Common Stock	18,368,516⁽⁵⁾	⁽⁵⁾	I	By Kona Holdings I LLC

1. Name and Address of Reporting Person^*

Willsey Gregory Thomas

(Last)

(First)

(Middle)

101 CALIFORNIA AVE SUITE 401

(Street)

SANTA MONICA

90403

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Kona Holdings I LLC

(Last)

(First)

(Middle)

101 CALIFORNIA AVE SUITE 401

(Street)

SANTA MONICA

90403

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Each share of Series A Preferred Stock is convertible into 50,000 shares of Common Stock (subject to adjustment under broad-based antidilution protection provisions).

2. These securities are convertible at any time and have no expiration date.

3. These securities are owned directly by Kona Holdings I LLC. Mr. Willsey is the manager of Kona Holdings I LLC.

4. These securities are owned directly by Kona Holdings II LLC. Kona Holdings I LLC has certain contractual rights to control these securities.

5. Warrant aggregate exercise price is $250,000 in exchange for a number of shares of the Common Stock equal to 5% of the then outstanding shares of Common Stock, on a fully-diluted basis, determined as of the exercise date. As of October 24, 2017, this would be 18,368,516 shares of Common Stock.

	Gregory Thomas Willsey	11/06/2017
	Gregory Thomas Willsey, Manager	11/06/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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