Resonate Blends Inc (KOAN)

[TraderGreen]

I'm willing to bet they could have held out longer and got a better deal and/or possibly gone to conclusion and got a better deal and/or gave up nothing, but for now it was the deal they needed to make and as you are thinking, there is a much larger, much better reason for them to take what they could get right now.

I'm guessing they met with someone(s) in Boston or NYC and they essentially told them, "I'd like to do this ______ for/with TXHD, but you'll have to get this litigation issue settled before we can proceed."

Whatever would go in that ______ blank spot above was worth far more to the company than the 475k shares they needed to give up to settle this deal.

I am hoping they had all the other i's dotted and t's crossed and the only thing keeping them from wrapping up ________ deal was this. This way we hopefully get an update soon! My guess is we do. In fact, this was settled on Friday, so I'd expect something next week.

When I talked to COO David Thielen the other day it sounded as if they had a plan and they were working the plan. The first part was to settle the litigation. Green checkmark for issue 1, on to number 2!


We should know soon enough what it was all about.

GLTY and AIMO,
TG