This morning most investors are going to be focussed on those companies which may have been in the news cycle on Wednesday and by that token, the Moon Equity Holdings Corp (OTC: MONI) stock could be in strong focus. The company made an announcement yesterday with regards to a new investment and it may be time to take a closer look.
New Investment
Yesterday, Moon Equity Holdings Corp announced that it had made a strategic investment in the defense contractor ShieldCom, which is based out of Delaware. ShieldCom is primarily focussed on high-end applications and tactical communications in matters of national security. It was a major new development for the company since it marks its entry into the lucrative defense sector. The move was also in alignment with Moon Equity Holdings Corp’s aim to diversify its business and move into industries with high potential growth.
Further Information
The company announced that through the investment it picked up a 25% stake in ShieldCom. The fresh capital from Moon Equity Holdings Corp would also help ShieldCom in its current efforts in the development of next generation communication software and hardware. Investors could consider adding the Moon Equity Holdings Corp stock to their watch lists for the week.
