Replies to post #24619 on Resonate Blends Inc (KOAN)

[skichic]

No it wasn't, it was converted to preferred shares, which you need to read the terms of.

[skichic]

Here you go, directly from the Q.

On February 16, 2017, the Company issued a total of 2,000,000,000 shares of our common stock to our officer and director, Wais Asefi, as compensation for services rendered. During the six months ended June 30, 2017, the officer exchanged the common shares for 2,000,000 shares of newly designated Series C Preferred stock.