Resonate Blends Inc (KOAN)

[mdimport]

$0.0001 becomes the standard conversion rate.

Why should retail pay 10x that?

"...On February 15, 2017, an unrelated third party (the “Purchaser”) acquired two outstanding convertible notes from the original lenders. The convertible notes include a convertible promissory note issued on September 22, 2015 in the principal amount of $15,000 and another convertible promissory note issued on November 5, 2015 in the principal amount of $30,500 (the “Notes”). The Notes were convertible at a variable conversion price of 50% of the lowest day market price of our common stock.

We and the Purchaser have agreed to revise the variable conversion price in favor of a fixed $0.0001 per share conversion price. ..."

http://ih.advfn.com/p.php?pid=nmona&article=73951370