Resonate Blends Inc (KOAN)

[Moose412]

As of the last share structure update on July 1st 2022,
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.