Busy AF - unless I'm not.
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The business wire PR from 08/10/2021 states Nug Club has over 5k subscribers. The business wire PR from yesterday says 2k. I'd love to know which it is!
Form 10Q delayed. https://www.otcmarkets.com/filing/html?id=15167716&guid=5Zo1kaPFhuVOLyh
That makes zero sense without consideration of four things:
1. This isn't a lemonade stand. It's a long-term operation that has made a significant stride <launching>, looking to follow up soon with more developments within the same line - a line of completely new product, replete w a patent submission.
2. Leadership and consults have great resumes. I'm frickin' dying to read the patent submission, Mr Selzer.
3. The OTC is a terrifying place. $KOAN has the product road map, the launched product x5 varietal that is going out as a sample in 5,000 subscription boxes (which means it's probably discounted off retail, but still revenue, and I personally DGAFF if it's negative on the gross) (which variety??), and the share structure to (continue) to budget.
4. It is entirely logical that certain reporting requirements may be financially burdensome to excess - this operation by KOAN has organization that is working, occurring during the Delta-8 Covid variant (which is oddly hilarious given the current insanity regarding Delta-8 THC), and that's not even considering the most likely reasons - the cycle doesn't coincide with the accounting required, and it makes no sense to reconcile numbers with dispensaries, production, distribution, and marketing/advertising, even if some of those positions are in-house, bc it's a one or all thing. It just doesn't work, and it's a waste of money. The game isn't big enough, the multipliers don't make sense to spend money on compliance in the same way U.S. non-OTC companies must, and neither the players nor the game are big enough.
This is a v unique thing, and I do expect that SS to dilute a bit more before the 10Q pops. We shall see.
I'm really eager to see what they do w the NugClub box.
Every individual that owns KOAN is well aware of what the float is.
I only post a SS tracking post regarding things that have been updated. The float hasn't been updated since July 1st, so I deem it as irrelevant to post. I haven't gotten into the issue before because it (da float of KOAN) hadn't been updated in well over a year prior to a bit ago. (Not tangenting into at least a few other OTC issues, NOR my theory about how junior traders are systematically/institutionally F'cked if they attempt the OTC).
Furthermore, given the history of how the trading of the former company that became KOAN was manipulated (see sticky), I strongly encourage an abrogation of any concerns regarding the float or SS. That being said, the first two trades of Friday August 13th 2021 were 267 shares sell for 0.3702, followed by a buy of 500 for 0.4499. Does anyone care about program manipulation? Is this a program, or are these manual lvl3 manipulations? Does no one care about THAT? That's a *&^@#%^ thing, I'm convinced. (Goddamn)
This is my retirement account. I might sell some next year, but let me state clearly - the concept of squeezes is a straight turn-off in every way. I really DGAFF about the immediate, and symbols aside, please let me emphasize that this is what it is. I've no emotion that I am expressing other than love - which isn't clear in any way through this communication.
But I want that to resonate. I want that to resonate in the same way I've previously stated my current feeling on 0.45, as well as what I said earlier today about 0.4001/2 (my perception) flip-dumps.
I don't think so. I think 0.4001 is the easy out for some flipper, and I anticipate that will dry up. I don't really care tho. What I do know is that my price prediction was way off, but the I anticipated the share structure increase through now appropriately - i.e., my projection for end of July was 44m OS, and here we are halfway through August still under 45m OS.
Interesting trading today. Sitting on my 3,000,001 shares @ 0.00199, not doing anything. I'm right here, jakecaden.
I know nothing - this is dead resource, afac. What do you know?
August 14th 2021 - August 13th 2021 - No change in share structure.
Share Structure
Market Cap Market Cap
20,952,787
08/13/2021
Authorized Shares
200,000,000
08/13/2021
Outstanding Shares
44,770,912
08/13/2021
Restricted
32,534,321
08/13/2021
Unrestricted
12,236,591
08/13/2021
August 13 2021 - Total trading volume = 244,443 shares
August 6 2021 - August 6 2021
500k OS increase, all restricted. Aack. Pfft. Oh noes...
Oh yes.
Market Cap Market Cap
20,360,192
08/05/2021
Authorized Shares
200,000,000
08/06/2021
Outstanding Shares
44,770,912
08/06/2021
Restricted
32,871,821
08/06/2021
Unrestricted
11,899,091
08/06/2021
My buddy grabbed some Delight and Calm from Vapor. Truly an irregular user, he tried one of the Delights and enjoyed, though struggled a bit with the packaging.
Packaging can be a P.I.(t)A.
July 24 2021 - July 23 2021, Share Structure remains unchanged.
Market Cap Market Cap
20,763,058
07/23/2021
Authorized Shares
200,000,000
07/23/2021
Outstanding Shares
44,270,912
07/23/2021
Restricted
32,371,821
07/23/2021
Unrestricted
11,899,091
07/23/2021
July 19 - July 16 share structure remains unchanged.
Market Cap Market Cap
20,355,765
07/16/2021
Authorized Shares
200,000,000
07/16/2021
Outstanding Shares
44,270,912
07/16/2021
Restricted
32,371,821
07/16/2021
Unrestricted
11,899,091
07/16/2021
That's super sexy. The intersection of cost and convenience is paramount. Temper that with the utility of micro-dosage...
Non-vape concentrates are distributed in ceramic-glass containers, bc the norm is still flaming a hot glass inhalation dipstick. I imagine it's incredibly messy and ultimately not satisfying, though I don't know...I'm a big fan of not burning down my home, so that's not my intersection. Well, one of those nots, I suppose.
Anyway...that flaming hot inhalation dipstick is flaming hot, and burns out most of the consumable material, sans accute moderation....which seems like a huge task. So 1 gram of concentrate flamed out from a <minimum> of $30/g retail anywhere in the U.S., vs 3 doses of 25.xx milligrams at a guaranteed rate of flow/absorption/experience...without the tools. Yo, flame a dipstick in a gram, maybe you'll roll three tokes. Maybe...but guaranteed there's a mess to deal with.
I hate the disposable aspect...but it's definitely not worse than what already is the norm: retail containers, tools, and fuels/cannisters...and housing fire potential. Easily arguable as better, and please note I'm not even going into fraudulent/possibly contaminated vape cans, let alone the fact that all batteries fail and can potentially explode. *Looks squarely at EVs*
*BOING*
So much more to say.....but I'd hate to see this post flayed.
July 9 2021 - no share structure changes.
Market Cap Market Cap
19,921,910
07/08/2021
Authorized Shares
200,000,000
07/09/2021
Outstanding Shares
44,270,912
07/09/2021
Restricted
32,371,821
07/09/2021
Unrestricted
11,899,091
07/09/2021
The total unrestricted OS is almost 12mm, while the float is about ~800k shares less. It would appear the DTC doesn't hold all the unrestricted certificates.
July 2nd 2021, OS increase: 62,400
Market Cap Market Cap
19,921,910
07/02/2021
Authorized Shares
200,000,000
07/02/2021
Outstanding Shares
44,270,912
07/02/2021
Restricted
32,371,821
07/02/2021
Unrestricted
11,899,091
07/02/2021
June 25 2021, OS increase 2,965,760 - posted 06.27.2021 03:33 hours
200,000,000
06/25/2021
Outstanding Shares
44,208,512
06/25/2021
Restricted
32,309,421
06/25/2021
Unrestricted
11,899,091
06/25/2021
Restricted has also increased. Roughing it in, that's "about" ~exactly~ 92k unrestricted shares unaccounted for. Until this is seen in the unrestricted column increase. Click previous. Disclosure: I've only ever bought shares through the open market, and have not ever engaged, nor received, any offer to purchase shares otherwise. I am not an industry professional, just a common investor that chased the trip potential of TXHD and got a pleasant surprise....I hope.
A patent for emulsification technique that provides...targeted, specific, reliable, and repeatable effects. Is that the language? I think they use less comma. Anyway.. it's a huge order, and I'm sure I got the order wrong there.... But seriously, more cowbell, please.
Something something "we do not differentiate between medical and recreational"
5th largest economy in the world. US Patent No. 6,630,507 can resonate off, or buy in. Pffft.
Nothing yet on their posted menu or on their website otherwise.
https://marincbc.com/home
https://marincbc.com/menu-1
Crackin me up. Glad I scooped that 0.45 bid last week.
June 18 2021 Share Structure Unchanged
Market Cap Market Cap
20,604,879
06/18/2021
Authorized Shares
200,000,000
06/18/2021
Outstanding Shares
41,242,752
06/18/2021
Restricted
29,435,661
06/18/2021
Unrestricted
11,807,091
06/18/2021
June 12 2021, SS unchanged
Market Cap Market Cap
21,446,231
06/11/2021
Authorized Shares
200,000,000
06/11/2021
Outstanding Shares
41,242,752
06/11/2021
Restricted
29,435,661
06/11/2021
Unrestricted
11,807,091
06/11/2021
Held at DTC
11,009,889
06/11/2021
That's a great question.
$KOAN - there’s no other product like a #KoanCordial in the market. IP protection a priority as we work to protect the formulations, processes & packaging. #IP #CannabisCommunity #CannabisInnovation #Cannabis pic.twitter.com/43DaHvSqfa
— Resonate Blends (@Resonate_KOAN) June 8, 2021
June 4 2021, SS increased.
Authorized Shares
200,000,000
06/04/2021
Outstanding Shares
41,242,752
06/04/2021
Restricted
29,435,661
06/04/2021
Unrestricted
11,807,091
06/04/2021
Held at DTC
11,009,889
06/04/2021
It's still impressive. Just as impressive as the fact that the sole typo in todays press release is a missing hyphen. Psyche - that last paragraph is horrible!
Go $KOAN, Go Medicine, Go Recreation, GO ONCOLOGY.
June 2nd 2021 - SS unchanged. WOW.
Market Cap Market Cap
20,209,456
06/02/2021
Authorized Shares
200,000,000
06/02/2021
Outstanding Shares
39,626,384
06/02/2021
Restricted
27,819,293
06/02/2021
Unrestricted
11,807,091
06/02/2021
Held at DTC
11,009,889
06/02/2021
Right there with you on origin story - and I have been thinking about letting some go just above a buck...but it's like, eh...could be much, much bigger. Pre-market today had NITE sitting at 11.00.
Has to be a pump somewhere - there is literally nothing to justify a 2:1 almost billion trade day.
Unless someone knows something about HAON not only washing clean with the SEC, but also being a legitimate business operation? I don't, this is my first check-in in months. I have no clue, and am disinterested in whatever possible lotto. No position, not taking one.
Straight crap shoot at this point, IMO. Grabbed that 5m today at 34...got some other bags. May end up taking losses, in it for the long ride through September. May jump, I dunno.
That is actually a really curious issue - according to my records, the Shell Risk status sticker appeared on the OTC KOAN details page sometime AFTER March 27th 2021, and then it disappeared sometime after May 14 2021, - which means it was up there for just less than two months.
It is a curiosity.
There's an additional detail about the KOAN OTC page - it no longer says 'shell risk'. That's fun, too!
Close - that's 5 too many - As of <May 21 2021>, and I gotta be honest - I was anticipating being around 45m OS by now. This is GREAT!
Market Cap Market Cap
15,450,327
05/20/2021
Authorized Shares
200,000,000
05/21/2021
Outstanding Shares
39,626,384
05/21/2021
Restricted
27,819,293
05/21/2021
Unrestricted
11,807,091
05/21/2021
Held at DTC
11,009,889
05/21/2021
Nine 911 trades (okay, one was for 9111) in 2 minutes? wth.
That quarterly report says 2020 at the top. I know that's incorrect - but what else is wrong? And what else did OTCMarkets miss??
A tweet about a big week followed by a notification of late filing by KOAN does not inspire confidence, but no red. Huh.
For the week ending 05.14.2021, KOAN SS remains unchanged.
Market Cap Market Cap
13,472,971
05/14/2021
Authorized Shares
200,000,000
05/14/2021
Outstanding Shares
39,626,384
05/14/2021
Restricted
27,819,293
05/14/2021
Unrestricted
11,807,091
05/14/2021
Held at DTC
11,009,889
05/14/2021
I succumbed to that urge today, and jumped back down into the drain-clearing shareholding ...position. I dunno...it's a long-shot, but it's a real company. I wouldn't be surprised if it becomes suspended, but I'm willing to take the ride. The change in SS from just two years ago is inexplicable, but the products are seemingly established, and the TA is up-to-date.
The opposite is true, in fact; the 8k from April uses the word "reverse" six times, all within the opening of the document, and all clearly explaining that if this offering is utilized by shareholders, a RS cannot be affected without their approval, since they (we) will be majority stakeholders.
That doesn't make this a great stock to own, yet here we are.
OS increases by 973,947 shares for the first full week of May 2021.
Market Cap Market Cap
15,850,554
05/07/2021
Authorized Shares
200,000,000
05/07/2021
Outstanding Shares
39,626,384
05/07/2021
Restricted
27,819,293
05/07/2021
Unrestricted
11,807,091
05/07/2021
Held at DTC
11,009,889
05/07/2021
Float
7,930,886
05/18/2020