If the texting company was performing or able to be turned around Wais Asefi would still be chairman of $KOAN, yet a decision was made to eject Wais relatively quickly (less than a month after the new Quarter).
Wait for $KOAN's 2019 10-K. It should be out by 04/15/2020.
In the interim remember what's being purchased in the texting company speculation: Collapsing gross revenues per share and net losses year-over-year-over-year.