Replies to post #6563 on Resonate Blends Inc (KOAN)

[mdimport]

$TXHD increasing its A/S from 250M to 4B:

Lots more shares going to hit the market in the coming weeks. All one has to do is read the 3Q2016 filing p. F-7 through F-9 to see what's coming.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11691130

From the form PRE 14C filed 11/15/2016:

1. To authorize the board of directors of the Company to amend its Articles of Incorporation to increase the number of authorized shares of common stock of the Company, par value $0.0001 per share (the “ Common Stock ”) from 250,000,000 to 4,000,000,000 shares.

OUTSTANDING SHARES AND VOTING RIGHTS

As of the Record Date, the Company’s authorized capitalization consisted of 250,000,000 shares of Common Stock, of which 180,783,844 shares were issued and outstanding and 10,000,000 shares of Preferred Stock, of which 4,000,000 shares of Series A Preferred Stock were issued and outstanding. Each share of Common Stock entitles its holder to one vote on each matter submitted to the shareholders. Each share of Series A Preferred Stock entities its holder to vote along with common stock at the rate of 300 votes per share held of Series A Preferred Stock. However, because shareholders holding a majority of the voting rights of all outstanding shares of common stock and Series A Preferred Stock as of the Record Date have voted in favor of the foregoing actions by resolution dated as of the Record Date, no other shareholder consents will be solicited in connection with this Information Statement.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11689830