Resonate Blends Inc (KOAN)

[RMD1]

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The information set forth below relates to our issuances of securities without registration under the Securities Act of 1933.
On September 21, 2020, we issued 2,400,000 shares of common stock to an accredited investor for total proceeds of $240,000.
For the nine months ended September 30, 2020, the company issued a total of 5,332,186 shares of common stock to vendors for compensation and
services rendered.
These securities were issued pursuant to Section 4(2) of the Securities Act and/or Rule 506 promulgated thereunder. The holders represented their
intention to acquire the securities for investment only and not with a view towards distribution. The investors were given adequate information
about us to make an informed investment decision. We did not engage in any general solicitation or advertising. We directed our transfer agent to
issue the stock certificates with the appropriate restrictive legend affixed to the restricted stock.

Yes over 5 million shares issued ready to be dumped for the first 9 months of 2020.