Replies to post #56497 on Resonate Blends Inc (KOAN)

[Toronto_Trader]

Agreed. Bottom fishing definitely in the workd now.

$KOAN

[mdimport]

Bravo for the rare moment of reality.

many financially weak stocks/Cos like koan

$KOAN is a leveraged house of cards under the capital structure regime.

$1M+ fresh raised or committed capital sits on the liabilities side of the balance sheet.

The Resonate Blends portion of $KOAN generated precisely $0.00 revenues in 4Q2019 and 1Q2020.

Any guesses for how the balance sheet looks in LaLa Land?