Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Pick one of the 32.5 million businesses in the U.S.
They are selling pot. My next door neighbors teenager make more than KOAN
No, but that didn't stop other companies from running. So, what do you think they do for 40 hrs a week? Probably smoke their product. Weed has been huge business this year and KOAN sat on the sidelines. Maybe if they had investors that called them out like I do they would have gotten their butts in gear.
we would be at $1.00 if they launched the product when they said they would...oh, I remember, COVID
Product launch has been imminent for a year now
Yup, grab a Snickers, this isn't going anywhere for a while. That is what happens when you support your business with private placements and share giveaways for funding and not product revenue.
Yes, you should know, they are right in your back yard. No stock, just private investors and their own capital. There are several more in California and Colorado. This is the new one for Natrabris. They also have one in Oak Park. I know you know where that one is located. These guys at Resonate Blends need to have the shareholders start putting pressure on them to start sooner rather than later.
I did. They gave the same response that was in their 8k. They use the blessed COVID excuse. It is the perfect excuse for companies that aren't doing anything while their competitors are making things happen.
COVID is an excuse. Natrabis is currently building a $20 million facility in your back yard...you know, Lake Orion in Macomb. Everyone has been cashing in and it is time for them to stop selling excuses and start showing results. Their competitors are doing it.
https://www.crainsdetroit.com/marijuana/20-million-marijuana-cultivation-facility-be-built-orion-township
LOL, you mean the product launch that was supposed to happen in March, then April, then May, then June, then July, Then August, Then September, Then October, then November, Then December....Now January, then February ETC...They have been a cannabis holding company for over a year and no products while every other company has made bank. Leadership has done a terrible job and needs to be called out.
LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL
SMH...okay...ignore L2, it's meaningless anyway...SMH LOL
There was 150,000 on the ask this morning. Looks like it was taken down after 30,000 shares sold. Someone wants to dump.
learn to read, it was reference to the 100,000 shares at .15 on the ask SMH
Good riddance? Looks like that holder that got 2.5 million shares to bail them out of the $85k note is starting to unload. That is not good riddance.
100,000 at .15...loss of hope.
I don't use Twitter, but I have noticed no one has posted any company posts from Twitter. And I will say what I want. So get ready for timber.
Judging from today's volume you can't find a buyer for anyone's shares. The shareholders have been patient enough. It is time to start calling them out.
Well how about this...start selling a product like they said they would.
Yes, and that should go through January. IF and this is a big IF they have a product to sell, there won't be any movement until summer of next year. They keep pushing their launch date which makes me wonder if they have anything at all. You would think the news of their neighboring state Arizona legalizing recreational use would be big news...not so much.
they gave one person 2,500,000 shares for about $85k in debt. That is as sign of desperation.
Wrong, they put 4.5 million Textmunication shares back in the pot. So, they actually increased by over 10 million shares just to keep the lights on. Of course if they decide to sell a product like they promised MONTHS ago, they would not have had to dilute the shares the way they have.
If they launch their products. They have been promising for months. We all know with the leakout there are still about 350,000 shares left to dump. Since they parted ways with Textmunications and bragged about retiring 4.5 million shares, they turn around and issue 5 million more. I think we have all given up on this one. Their Twitter has been dead as well. These guys are really screwing up at this point. You would think that Arizona just legalized recreational MJ that they would say something positive about that. I think they are sitting in a basement somewhere stoned.
Haven't done that at all. Cannabis is not pot? That is like saying the petroleum business is not oil. As I mentioned, shareholders expect results. If you say you are launching a product and keep pushing off the launch date WITHOUT stating new goals, you are going to get called out. Oh, and they also bragged about returning all the Textmunication shares back to the treasury to lower the O/S. Looks like they turned around and issued more new ones and the O/S is the highest it has ever been. More dilution and no product. That is why it is time to call out the executives.
Right now they don't sell anything...even though they said they would.
LOL...try following the other cannabis companies that are raking in millions. I don't make excuses for executives that don't execute.
You do bring up a good point though. They were supposed to launch a product months ago. They have kept saying they have a wonderful product but keep delaying the launch. They keep bragging about the high power executives resumes that you would think has company could grow at a rapid pace. I am wondering if the stalling has to do with waiting for legal issues to clear up. As of right now the company has not income or value so there is not much to litigate.
You would have to post the agreement between Resonate Blends and Textmunications. Anytime there is a split like this one, Resonate Blends would have in writing that they are not responsible for any past liabilities of Textmunications. Same thing happens when a public company goes private. This is Textmunications problem not Resonate Blends problem.
It isn't a scam. However, management needs to deliver. They keep on bragging about the executive talent. Well, that means they should be capable of getting things done. All I am saying is...Dear Management...GET IT DONE!
Any products for sale yet? Can't order anything on the website. Over a year they have claimed to be a cannabis holding company yet no product.
Any products for sale yet? Can't order anything on the website. Over a year they have claimed to be a cannabis holding company yet no product.
It is when the volume is low like most days.
900,000 shares leaking out. This goes through January. Grab a Snickers, not going anywhere for a while. 120,000 shares per month selling. Oh, and they still have not launched a product like they said would happen 2nd quarter.
Someone on twitter made a good point. Why would you do this if you do not have a product? I went to the website as suggested and they still do not have a product. How about launch the product, or as they suggested just give us a date for the launch. This is going nowhere without revenues.
No, good for you when getting out when you did. 2000 to 1 is not good at all. The executives keep bragging how they have taken shares in lieu of paychecks. They also had announcements of buying additional shares. I have a feeling they will be issuing millions of bonus shares to themselves. The largest debt holder is also the largest shareholder. He will be compensated. Net Capital will be compensated. Glad you got out. They really railroaded the shareholders.
So judging from this post, after the split you will have 1,010 shares. Are you still going to hold?
Do you really think this is a 415,000 share company. As soon as the split is over, all the executive are going to issue themselves a million shares. I am guessing that this will be a 14 million share company quickly. Think about it, after the reverse, it will be a $12 stock. I am not going back for a while.
I'm back. Remember me? I sold at $1.10 and everyone laughed at me. I told everyone this reverse split would happen. 2000 to 1? The WHOLE reason they are doing this split is to issue at least a couple million more to the executives as soon as it is done. They will do the reverse and then dilute like crazy. If you want to get a quick hit, buy right after the split and sell two weeks later and then wait a year for the bonus shares to the executives to be issued.
Your lips to God's ear, let's all hope. They have really hyped the product. They need to do something sooner than later. If it is a hit the way they say it will be, it will put my mind at ease. I am still looking at that 100 million market cap. After the shares get turned into the treasury, we would be looking at a $5 stock price to hit the incentive. I have a feeling that this will be one of those that creeps up to .50 and then explodes after that. We just need these products out there.
That is one ugly 10Q. 3 new convertible notes issued and even though Textmunications is now gone, they left behind the $20 million "Paid In Capital" Debt. These guys have to stop talking about what is coming and just do it. They have been telling us it is coming and they keep delaying. Those stoners need to get in gear. I feel like the Bob's in Office Space. I would like to sit them down and ask "So, what would you say you DO here?" I mean, what do they do on a day to day basis but send out worthless tweets. Meanwhile the industry is booming with sales. This has gotten to be very disappointing. Oh, and they still haven't returned the 4.8 million shares to the treasury. I am not a b@asher, just stating fact.