Resonate Blends Inc (KOAN)

[mdimport]

First stories about short sellers, now no dilution

461,788,457 shares tells an entirely different tale

Not only were there no short sellers, but there was a boatload of toxic convertible debt dumped on the market, while $TXHD hid behind the facade of an Ellsworth Young LLP legal action against the toxic convertible debt holders.

In fact despite the promise to update shareholders as stated in the 4Q2016 10-K, the issue quietly disappeared in the 1Q2017 10-Q.

So is the ongoing toxic dilution? Yes.

Is it apparent to every shareholder? No, but that doesn't mean it isn't happening.

"...During the three months ended March 31, 2017, the Company issued 461,788,457 shares of common stock with a fair value of $222,975 for the partial conversion of convertible notes payable. ..."