OR, Seizer is doing what I would do re forcing wais, et al to sell now. The supposed Rosen note is fictitious at this time. Koan is still in the first inning at this point and should be a huge player in the weed sector. You can trust this Koan group had SEC and financial counsel like Wais had never seen before, encompassing a game plan which enumerated EVERYTHING WHICH has unfolded to date including the right buyers for this stock. Koan$$$$$
The ticker started out overpriced due to the daily paint jobs in $TXHD artificially distorting the trading tape, stock chart, and market cap. This same practice continued into $KOAN, and is still in effect almost daily.
Without the paint jobs $KOAN's share price and market cap would be much lower reflecting the higher risk.
Actually Einhaus would have received more shares in his $TXHD settlement because the share price and market cap would have been much lower.
If the Rosen note was real, it would have been on the 10K. They have had to many SEC reports come out for that to be true. With everyone involved, they are not going to lie about some note that has as many shares as 2% of the OS. They would have disclosed it by now. At this point, hiding it would be much worse for the company than reporting it. It doesn't exist.
$KOAN's O/S has increased from 16,653,936 shares on 12/06/2020 to 23,950,843 shares on 05/22/2020. That's a roughly 44% increase in the O/S over the period.
Based on the current trend, by the end of Q2 2020 $KOAN should have an O/S of approximately 25.5-26M shares. There are some factors which could see $KOAN's O/S increase much more dramatically than this estimate.