Replies to post #29991 on Resonate Blends Inc (KOAN)

[SpringTrader]

6million was 2billion shares given to the CEO that were switched to preferred shares raising the authorized shares to 4billion allowing them to convert those notes. It says that in the filings. The rest was the expense in developing SAM...also in the filings. Upgrading technology is a necessity in the digital age don't you think?

[Toronto_Trader]

Amazing what a year can do for a prospering company. The Q4 results were phenomenal. If the company can continually grow their earnings then this is a slam dunk.

Q4 2018 was the best quarter ever, exceeding Q3 earnings by 60%. The annual earnings were up 13% over 2017. The company managed to yield a net profit (its first ever) and shows no sign of stopping.

Based on Q4 data and a flat rate of growth, lthe company should yield net profits of approximately $400,000-$500,000 for the year 2019. This is assuming no other sources of revenue are added or any mergers & acquisitions occur. ODT is on the way so it will only rise from here.

The Q1 2019 results are due in 7 weeks. Things will be very interesting with another record setting Earnings Report on the way!

$TXHD

[nyy13]

Hahaha right on the head. Another RS inevitable. Just give it time