Busy AF - unless I'm not.
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OS was updated a short while ago. Can you believe the OS has only increased by *checks notes* - less than 3 billion shares in roughly the last month? I'm impressed.
Authorized Shares
750,000,000,000
04/07/2021
Outstanding Shares
307,794,832,074 <-----
04/07/2021
Restricted
22,225,000,103
04/07/2021
Unrestricted
285,569,831,971
04/07/2021
Held at DTC
245,273,585,131
04/07/2021
what's the hold up?
KOAN management has not received millions in bonuses - they haven't received <any> bonuses from KOAN!
Be angry about the latest tweet and the grammatical errors. For some of us who have received emails from KOAN management about branding and expertise, that's pathetic.
$KOAN Consistency is critical: “Resonate has integrated industry leading emulsification technologies, water solubility, with extremely stringent and precisely targeted formulation strategies to create single-dose blends that are consistent in effect.” #Cannabis #CannabisCommunity pic.twitter.com/ufyp1z4xYd
— Resonate Blends (@Resonate_KOAN) April 5, 2021
I firmly believe that to some extent, launching the manufacturing of a new cannabis product right now is similar to trying to buy a firearm or ammo in 2020 - get in line.
OTC does not update security details unless a retail consumer, licensed participant, or regulatory party provides information that contradicts published information. The T.A. is who updates those security details - and the T.A. does not update twice a day - more like once a month. The "Market Cap" valuation is an automized function of the API utilized by OTC. Here's the signal: When the A.S. and O.S. are updated daily, consecutively, that's when this will be truly solid. As for now, Clay said watch 0010 days ago. Hasn't slipped yet, much to my surprise.
There are so many vape patents, getting the e-nail patent recognized is a billion coin flips - and that's not even getting into the definition of combustion. HCMC is going to need all the capital they can get against PM.
What is a potential guaranteed success is the Q-Cup, which belongs to no-one else, and utilizes quartz, as opposed to easily-breakable ceramic or corrodible metal.
A gram (1000mg) of medical concentrate is stated to be 20 doses by most manufacturers, and the Q-Cup holds 50mg. That's 20 doses that are easy to count, easy to use, and in recyclable containers. This has huge potential, IMO. To think...one could buy doses in what looks like a box of ammo. That's humorous.
I don't want your shares. I have mine. GLTA. Oh, and btw - if the AS was even 100 billion smaller, this would be a GME horror show.
Looking at the most recent management discussion published by FNNZF (which was today), it would appear that perhaps KOAN had to experience a wait-list to get QVI (dba /'the Galley') to produce. See Pg5, Feb 10 2021.
KOAN -> FinCanna -> QVI/Galley.
It is completely reasonable, IMO, to continue being patient. After that run two weeks ago...
A more lucid picture would be useful, but clearly KOAN isn't providing it. As far as the query of what happened to that product, they had to market test with something, right?
https://twitter.com/Resonate_KOAN/status/1375140159658684419/photo/1
As I said, the email I received from Mr Thielen on 02.14.2021 stated that he believed the float to be 10.2m at that time. That was direct communication from KOAN.
The email I received from Mr Thielen on 02.14.2021 stated that he believed the float to be 10.2m at that time.
04.02.2021 - KOAN SS unchanged since last update.
Market Cap Market Cap
15,461,155
04/01/2021
Authorized Shares
200,000,000
04/02/2021
Outstanding Shares
38,652,887
04/02/2021
Restricted
26,845,796
04/02/2021
Unrestricted
11,807,091
04/02/2021
Held at DTC
10,959,889
04/02/2021
205k new shares. 38,652,887. Better than I expected, float still under 12m.
https://www.otcmarkets.com/stock/KOAN/security
Market Cap Market Cap
13,536,241
03/26/2021
Authorized Shares
200,000,000
03/26/2021
Outstanding Shares
38,652,887
03/26/2021
Restricted
26,845,796
03/26/2021
Unrestricted
11,807,091
03/26/2021
Held at DTC
10,959,889
03/26/2021
Float
7,930,886
05/18/2020
The Resonate Blends Cordial launch hasn't been delayed even once as of yet.
Took me a little to find as well. It's the March 5th episode, entitled "Hawaiian Hemp".
[Russ and Sully talk with Matt Plavan about growing more nutritional crops and Hawaiian hemp production. Then, Darren Mercer discusses leveling the playing field through fundraising, and Terry Norchi, MD, discusses surgeons adopting Arch Therapeutics' wound technology. Plus, Geoff Selzer talks mastering the art of experience with cannabis.]
https://podbay.fm/p/big-biz-radio-show
Dead money.
This is funny - not only did I miss the stop sign coming down for a yield, my temp no-buy rule expired last Monday...which means I passed on 003s for no reason and missed the boat.
Glad I'm still holding...too big for me to buy more now.
I'm hoping $KOAN will have revenues soon. 1st product launch is imminent, supposedly.
That's the bid-ask, not the lvl2 tape.
https://www.otcmarkets.com/filing/html?id=14811395&guid=YmUpUHFwNST6M3h#EX99-1_HTM
Yup, there sure is.
[In the event there is a Qualified Financing, defined as the issuance by the Company, other than an Excluded Issuance (as defined in the Note), of shares of Common Stock, in one transaction or series of related transactions, which transaction(s) result in aggregate gross proceeds actually received by the Company of at least $5,000,000, Holders must convert their Notes (including accrued interest) at the lesser of $1.00 per share or 75% of the weighted average sale price of the Common Stock across all transactions constituting a part of the Qualified Financing (the “Base Conversion Price”).
I really hope this doesn't get abused by illegitimate traders again.
Isn't there a provision where if KOAN finds $5m of funding, all those warrants convert instantly?
SS updated, 246,667 shares added this week.
Same, pretty much. Found this on a volume screener before it left trips, but I'm long closed out. I have been keeping a loose eye, and here's what I know:
- PR from company in Dec 2020 about false P&D scheme regarding target and whole foods, with a statement about goal of becoming current with no timeline for that course.
- Three SS updates after that PR
1st is for 100k shares.
2nd is for ~ a half billion.
3rd is for ~ half a billion.
Total share increase since Feb 2 2020: ~ 1.08-1.18 billion.
I originally looked at this as a volume play, and currently wonder whether the whole thing is going to climb or is being sold as a scam. I don't know - I only know that the form SC-G13 from 2019 makes me think the share structure is wayyyyyy out of whack (from 400m to 25B?), and I do not have the knowledge to understand if that is a violation of SEC law by the company or not - and so I closed my position.
Sure.
a) I completely misinterpreted the effective date of the guidance issued last fall, thinking it was yesterday, just realizing a few days ago the language regarding 'published in the federal register'. I guess it's sometime in June?
b) regarding the one that's been publicized this week regarding compliance - that's awesome.
Mr. I engaging Sharp while not becoming curent, after tweeting about being knee-deep in accounting is upsetting to become current is not pleasing.
I have records/evidence indicating my previous targets to be within what two MMs have held on Lvl2 when not asking at current trade value, but given that weird 8-K on 03.11.2021 and the stop sign still glaring, I don't know what to make. I'm not buying, but I am holding.
Other observation: SANP and DN*X charts look mighty similar. I've never held DN*X, and don't buy things that big. Re: SANP 8-K Feb 25 2021.
I expect to see 006 retested this week, after this past weeks trip above 01 failed to grow.
Well that's really cool. I was so tempted to buy yesterday and today...and then watched it jump from low 003s to 0055. Life is about rules - and I have a rule about not buying anything for another week or so.
GLTA! Glad I'm holding, can't wait to see where DSCR goes.
From Jan 4 2021 - https://www.preparedfoods.com/articles/124956-resonate-blends-launches-koan-cordials
[Resonate Blends said it is in early discussions to license its products in two other states. Selzer said the company plans to introduce a new product built around its proprietary Resonate System every six to eights months over the next three years.]
Sub 50k. Funny.
KOAN touched 0.03xx in March of 2020. It is not accurate to claim that it's been running for a year.
Seeing $KOAN test 0.47 in the next week won't bother me. As far as the pros and cons of the PPM activity, both exist, for sure. There are positives. Hell, prior to launch, I'd place a side-bet on a bottom of 0.4196 w an up spread of 0.02. Anyone in Vegas wanna engage that?
This will not be a flat-liner prior to launch; whether successful or not, that will be a different chapter in the legacy of trade data.
A 1:3 for ~-6% Tuesday, a more brutal 1:3 for ~-19% Wednesday. I'd wager a flurry of buying in the 0.53 range for support, Friday or Monday; if not a rocket towards a buck by friday close. We shall see, though we all know it won't be me.
Wouldn't it be funny if Thursdays volume is under 50k?
Last share I sold was of a different company, in Nov 2019, and I topped out at 0.12 back in Jan 2021.
KOAN is a holding company. Resonate Blends is just a start - as long as it goes proper. I do have fingers crossed, and am holding as well.
Yes - but I have reduced, and am still holding. At this point, it's a wait-and-see for me. Between possible crypto/block and actual (is there gold?) gold, there seems to be much potential.
Not buying. When it broke 003 on 02.25.2021, I stopped paying close attention. I just became aware last night of the stop turning to a yield - when did that happen?
It's a 1:2 sell off, and KOAN is <still> 2.3% green. Lolz.
Like I said - there is a difference between Reserved and Restricted. It's really frustrating when two people agree but one or some pretend there is a disagreement.
KOAN seems to be right on my target line. Ultimately, my desired goal is to see AS at Unlimited within a full calendar year from this post. It all depends on this month.
Not 6m - 5,709,927 new shares. To compensate for $1,070,363 USD for the 03.02.2021 Form D PPM and correlating finders fee. Math works out to around ~ 0.1875/share, but that of course ignores proper accounting with regards to how the finders fee was paid. It's not relevant.
Management doesn't get any equity grants until mv/mc is at 100m USD.
Finally, there is a difference between restricted and reserved shares. Reserving shares doesn't need to be disclosed - that's internal accounting for operations. I see no lie in KOANs tweet regarding those shares.
KOAN looks great to me.
I wouldn't say I have a target price. What I've said is that I'm not trading it, and holding for zero or mucho green. I don't know anything that wasn't posted on this board already. I am not knowledgeable!
GCHK is dead money for years. That's the only knowledge I have.
KOAN is so toxic, the Restricted share number has increased by almost 3m shares, or 18%+. So toxic - not.
Not until failure to launch - and I do not see that happening.
Look at the post you made on 02.08.2021 vs todays current OTC numbers:
"From 02.01.2021
Restricted 16,243,536
Unrestricted 10,776,091"
--------------------------------
19,206,036
02/19/2021
Unrestricted
11,088,591
That's an increase in Restricted of 2,962,500.
That should put any dilution noise to rest.
If roll-out is delayed, I expect a full crash lower than the teens.
Long done buying, not selling.
My share price evaluation ignores social media - I am abhorred by it. My books have a current target in the range of my statement.
https://sec.report/CIK/0000897078
On a 75 day look-back at the highest before breakout, that translates to 16x valuation by the trading market close on 02.25.2021 of 0.0432. With a 65 day look back on KOAN in a similar fashion, Dec 10 shows 0.18. 16x = $2.88...for now?
Completely different industries and business from what I can see. IMO, these aren't the valid metrics for KOAN. Now, if we take my value point of 0.12 from ~ January 8 2021, that's 1.92 for the same analysis, but the look-back is skewed to...bad bing, 65 days - March 13.
So that's our look-back to hold this comparison. Oh boy this is fun!
Hopefully the molestation of KOAN by social media can be staved by active and accurate contributions on this board. If KOAN gets whipped, serious investors won't mind a 15 day hold. Wouldn't bother me one bit - I am abhorred by things I've seen on twitter.
I'm basing my number prediction off other trends, at a point that is above yet well well below what the speculative market throws forward. My vision is limited, and certainly not all-knowing by any means.
No idea. Based on the day-high of 0044, it looks promising. It's not enough to be current, but it's getting there.
KOAN current target in my books: $6-7 High sometime in 2021, pending a successful launch.
WDLF <Internal> evaluation from wdlf said 100m market cap. MMs don't determine the market cap.
I've seen some people claim 0.30. I feel that is absurd.
Color me wrong. 02.24.2021 low of 0.003.
That's dull, for sure.