Resonate Blends Inc (KOAN)

[Exitech]

After Increasing A/S 500 Million?

9/24/15 Pre 14C

To authorize the board of directors of the Company to amend its Articles of Incorporation to increase the number of authorized shares of common stock of the Company, par value $0.0001 per share (the “Common Stock”) from 250,000,000 to 750,000,000 shares.


Reasons for the Increase of Authorized Common Stock

Increasing the authorized number of shares of the Common Stock will give the Company greater flexibility and will allow the Company to issue such shares in most cases without the expense or delay of seeking stockholder approval

Ever Heard This One Before?

And They Even Warn Us

Any such issuance of additional shares could have the effect of diluting the earnings per share and book value per share of outstanding shares of common stock, and such additional shares could be used to dilute the stock ownership or voting rights of a person seeking to obtain control of the Company.

TXHD!