Resonate Blends Inc (KOAN)

[TraderGreen]

It's not mandatory that he sell 10,000 shares a day, that or 15% (whichever is greater) is the MAX he can sell in a day. That keeps him from being able to tank the stock. Based on what he has said here on this board he is not selling at these prices.

Without him saying that I'd stated just after the settlement was announced that I expect him to sell enough to recoup his initial 25k and possibly another 25k on top of that and let the rest ride as free shares. But, again he says he's not selling any at these levels.

I can't say for sure what his intentions are, but I would think he signed an NDA and was given some information about what is in the works as an incentive NOT to sell at these levels. I still think, no matter what he states on this board, that he will recoup + 100% and hold the rest for the ride up we'll have soon. That's just my opinion though.

Again, a Leak Out Agreement does NOT mean he HAS to sell, simply that he can ONLY sell a maximum per day if he chooses to. It's similar to a lock up agreement in that it restricts the distribution of shares.

GLTY and AIMO,
TG