Resonate Blends Inc (KOAN)

[jayd89]

Textmunication recently increased its Authorized Share total to 4B. The increase allows the company to seek potential mergers and acquisitions and pursue other growth plans. To ensure Wais Asefi, CEO of Textmunication Holdings, Inc., maintains controlling interest of the company, 2B shares of restricted common stock were issued under Mr. Asefi. The shares are restricted, but are reflected in the total of Outstanding Shares issued.

Protecting the company is the priority of Textmunication leadership. This new share structure provides Mr. Asefi majority ownership as reflected in the 8-K filed on February 21, 2017. The company is currently negotiating to settle its entire convertible debt and hopes to have announcements shortly. The company will issue SEC filings accordingly as transactions are completed.