Richard Hoge - 09 Dec 2019 Form 3 Insider Report for Resonate Blends, Inc. (KOAN)

Role: 10%+ Owner
Signature: /s/ Richard Hoge
Issuer symbol: KOAN
Transactions as of: 09 Dec 2019
Net transactions value: $0
Form type: 3
Filing time: 25 Jun 2021, 17:04:08 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	KOAN	Common Stock						1,000,000	09 Dec 2019	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	KOAN	Warrant (right to buy)	09 Dec 2019	Common Stock	250,000	$0.1000	Direct
holding	KOAN	Warrant (right to buy)	09 Dec 2019	Common Stock	250,000	$0.1000	Direct
holding	KOAN	Warrant (right to buy)	09 Dec 2019	Common Stock	1,232,880	$0.1000	Direct
holding	KOAN	Convertible Loan	09 Dec 2019	Common Stock	2,150,638	$0.1000	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 9, 2020, the Reporting Person made a $210,000 loan to Textmunication Holdings, Inc. (a predecessor by merger of the Issuer). Beginning 90 days after issuance, the Convertible Loan could be prepaid without penalty by the Issuer or converted into Common Stock of the Issuer upon the Reporting Person's election. The loan was set to mature on June 9, 2020, at which time the option to convert was set to terminate with the payment in full of the loan by the Issuer.
F2	Beginning 90 days after issuance, the Convertible Loan could be converted at the Reporting Person's election into Common Stock of the Issuer at a conversion price of $.10. Prior to conversion or repayment, the loan accrued interest at 10 percent per annum If, prior to any prepayment, the loan was converted on the 90th day, the Reporting Person would receive 2,150,638 shares of Common Stock.

Content

On December 9, 2020, the Reporting Person made a $210,000 loan to Textmunication Holdings, Inc. (a predecessor by merger of the Issuer). Beginning 90 days after issuance, the Convertible Loan could be prepaid without penalty by the Issuer or converted into Common Stock of the Issuer upon the Reporting Person's election. The loan was set to mature on June 9, 2020, at which time the option to convert was set to terminate with the payment in full of the loan by the Issuer.

Beginning 90 days after issuance, the Convertible Loan could be converted at the Reporting Person's election into Common Stock of the Issuer at a conversion price of $.10. Prior to conversion or repayment, the loan accrued interest at 10 percent per annum If, prior to any prepayment, the loan was converted on the 90th day, the Reporting Person would receive 2,150,638 shares of Common Stock.