Thursday, July 14, 2022 1:06:22 AM
33,717,712 out of 47,846,859 are restricted from trading. That's a 70(restricted)/30(un) split - which means this is super-thin - not just tightly held.
It's been over 2 weeks, and there was an 8k on July 1st 2022, from June 27 2022, for a little bitty bit of fund-raising, due June 27 2023. Break it down, and what KOAN has is a 12 month loan of $125,000, that the controlling party may convert for a maximum of the underside of 2.4 million shares (4.99%) after 6 months. At todays value of just under 9 cents, that would be worth just under $203,000, disallowing whatever associated fees that wouldn't fall upon KOAN or Resonate Blends.
https://www.otcmarkets.com/filing/html?id=15928195&guid=sdU-knK33XJ3doh
That's not a bad bet for the investor, IMO. I haven't been paying attention at all to other possible conversions....Is winter coming? The recession isn't quite here yet.
1800 Diagonal Lending is diversified. This is an average or below average investment from them, upon preliminary research.
Recent KOAN News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2024 01:18:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/12/2024 08:56:50 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 07/17/2024 09:03:48 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 09:31:28 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 02:38:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 10:15:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 04:51:05 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/25/2024 09:03:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 10:28:01 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 08:22:07 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 11:03:56 AM
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