Replies to post #26321 on Resonate Blends Inc (KOAN)

[Truenorth2016]

THE 8K SAYS THE FOLLOWING ON BEHALF OF TXHD:

Acquisition of interest in Aspire Consulting Group, LLC (Not acquisition of the company, Acquisition of interest which is only the issuance of 66,667 Shares)[color=red][/color]

On  January  5,  2016,  Textmunication  Holdings,  Inc.,  a  Nevada  corporation  (the  “Company”)  entered  into  a  Share  Exchange  Agreement  (the  “Exchange Agreement”) with Aspire Consulting Group, LLC, a Virginia limited liability company (“Aspire”), and certain members of Aspire (the “Members”).
Pursuant  to  the  terms  of  the  Exchange  Agreement,  the  Company agreed  to  acquire  49%  of  all  of  the  issued  and  outstanding membership  units  of  Aspire  in exchange for the issuance of 66,667 shares of the Company’s newly created Series B Convertible Preferred Stock pro rata to the Members.



WHAT DOES THIS MEAN???? The 8k goes on to say as a result of just owning 66, 667 shares only they became a MINORITY OWNER with non-controlling interest. This was back in 2016, but now in 2017 from TXHD own team, they said they are now just a sister company. Again, how are they going to benefit financially even if they just owned 66,667 shares????