Resonate Blends Inc (KOAN)

[skichic]

No, you need to do a lot more DD. Start with the Ibox and follow links. 2 billion of the shares are restricted and controlled by the CEO. It is generally thought that once the notes are all paid ( which I think they are ), the 2 billion will be returned to the treasury or maybe changed to preferred. I think why they did this is because when TXHD was trading in trips and probably even at these levels they could be in danger of a hostile takeover or lose control of 51% of voting rights. The float now is probably larger than 180 million, more likely 250 million, at this point. We have had some dilution.