Moon Equity Holdings Corp (OTCMKTS:MONI) Appoints New Transfer Agent and Announces Updates for Shareholders

Moon Equity Holdings Corp (OTCMKTS:MONI) has announced a new Transfer Agent on April 29, 2022. It has also provided updates to shareholders regarding future company plans and accomplishments. Moon Equity Holdings Corp. contracted a new Transfer Agent, which is verified on OTC Markets as of 4/25/2022 to OLDE Monmouth Stock Transfer, a Full-Service Transfer Agency located at 200 Memorial Pkwy, Atlantic Heights, NJ 07716.

Trading Data

On Friday, MONI stock soared 29% to $0.0098 with more than 1.60 million shares, compared to its average volume of 3.40 million shares. The stock moved within a range of $0.0082 – 0.0099 after opening trade at $0.0084.

Back in April, 2021, the company canceled 2.12 billion of its common shares and subsequently cancelled an additional 220 million common shares. It has reduced its authorized shares down from 1 billion to 750 million. It has also filed with the Florida State Division of Corporations to change the status of its preferred A shares to be used only as voting shares and will only represent controlling interest votes for the company, as to eliminate any fears of dilution.

Both Peruvian Mining deals with Royal Sovereign Costino and Minera Radiante SAC were cancelled, mostly because of unacceptable Legal and Compliance requirements identified in their final review. PCAOB Auditors were unable to validate the properties located in Peru according to SEC requirements. The company is preparing to BitGift in Q2 of 2022, which has recently contracted a major company serving over 100,000 merchants globally with over 1 Million wallet users.

Technical Data

MONI stock is trading below the 20-Day and 50-Day Moving averages of $0.0101 and $0.0108 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0371.