Resonate Blends Inc (KOAN)

[mpunklil]

Here's what I'm not understanding: Yes, PPS is trash and clearly falling. Getting diluted? No more than it was supposed to!! JSJ was going to rain shares no matter what, but they struck a deal of 262M shares at .0018 in order to pay off a DEBT. If the PPS is under .0018, JSJ doesn't get what is owed to them. It is not in JSJ's interested to unload under .0018, because they lose money. Will JSJ get all their money back? You better believe they will try, and nobody is stupid enough to make a deal like that. There is no buddy system here between the two, I guarantee both didn't like the deal. TXHD would not have settled on a deal, nor pay a lawyer to get rid of toxic financing if they weren't trying to increase share value, they would simply let JSJ unload at ANY pps, RS, repeat until all got their money. Does it make a higher OS? Yes, but nothing says JSJ will unload all 262M. They could wait, higher PPS = more money. They probably have as much skin in the game as we do. I don't think this is as negative of an issue as everyone thinks. Good news is, we got a lot of volume now...the pot has been stirred. I'm in no way sticking up for TXHD, but I'm positive we have all seen worse on OTC land. I'm holding. I might get shitted on, but nobody drops money on a stinky pinky thinking they aren't taking a chance to begin with. I'd say this is a good gamble, even at this PPS. They made a deal, which has a long term objective for the company. I personally think the company has a cheesy product that is not proprietary, but if they can capitalize off it, then who cares. They have revenues, it's just their operating costs are absurd. OTC's are typically startups, kinda like a big ass go fund me. If they can continue to get rid of debt and reduce operating expenses, there is a good chance we may have something here. Even with another 262M unloaded, that's not shit in sub penny land...the float is still low, and she can still move