Nov. 11 at 7:15 AM
$KOAN
For KOAN:
• There’s talk (LOIs, intentions, early steps).
• There’s noise (updates, plans, projections).
• But there’s no concrete proof of a completed merger, revenue ramp, or real traction.
It’s like someone showing you blueprints for a house, some lumber on the ground, and saying “Move-in day is soon!”
Nice idea… but the roof isn’t on, the walls aren’t up, and no inspector has signed off.
Until they drop:
✅ a definitive merger agreement
✅ an 8-K announcing the closing
✅ financials showing real revenue
✅ something measurable and verifiable
…it’s all vapor and possibility.