Key facts
- This page summarizes Richard Hoge's Form 3 filing for Resonate Blends, Inc. (KOAN).
- 0 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 25 Jun 2021, 17:04.
Key filing fact
Ownership activity is grounded in SEC Form 3 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
No transaction description listed
No transaction description listed
No transaction description listed
No transaction description listed
Additional SEC filing notes
Footnote 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.
Footnote 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.