Where do you see it say intends or is it in negations in either of these PRs?
Because I don't see it anywhere other than in the safe harbor statement, which is a catch-all statement not referencing the quotes stating on multiple occasions that MONI already made the acquisitions and its finite.
Leaving shareholders to believe for three months they actively owned assets in the mining industry the company had purchased.
How many investors bought stock on this assumption they are still trying to hide under the rug almost a year later?
Safe Harbour doesn't cover a lie this big
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Moon Equity Holdings Corp. Details Its Acquisition of Royal Costino LLC and Outlines Next Acquisition of Mining Processing Facility in Peru
Press Release, August 2, 2021
Moon Equity Holdings Corp. (OTC symbol MONI) provides details of its recently announced acquisition of Royal Costino LLC. Royal Costino LLC was acquired as our wholly owned subsidiary which has been operational since 2013. Anthony Cappaze has been appointed President of our new Mining Division. Anthony Cappaze is responsible for processing and exporting over 100,000 ounces of gold over the last three years that were sold at an average of $1,500 per ounce.
Royal Costino LLC generated over $28 million in revenues for 10 months between 2019 and 2020 but delayed operations due to Covid. This acquisition completes the first step of the first phase of our two mining acquisitions. Royal Costino LLC is exploring numerous other mining opportunities for future acquisitions.
Royal Costino LLC is in the process of acquiring a mining processing facility existing in the southern district of Peru. This acquisition will significantly enhance revenue generation for Royal Costino LLC going forward. The acquisition is set to close the week of August 9. This mining processing facility is currently operational with licenses and permits to process 50tons per day, the facility currently generates $150 per ton just processing ore. The Royal Costino LLC acquisition will maximize the mining processing facility’s capacity to scale up to process 300 tons of ore per day which equates to approximately $45,000 per day in estimated ]revenues. The facility’s net expenses are estimated at $550 per day for personnel and operational expenses based on a six-day workweek.
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Moon Equity Holdings Corp. Details Its Acquisition of MINERA RADIANTE S.A.C. Mining Company -Press Release, November 2, 2021
Moon purchased 95% of Minera Radiante S.A.C., who will still work with a 4th generation Incan Miner, who will retain a 5% stake in the company, while Mr. Mendoza consults Moon to pave a path for the new generations of Peruvian Miners that will forge a relationship between Moon’s mining operations and the Peruvian government’s new plan for legalizing artisanal miners of which control the majority of Peru’s approx. 29,000 gold mines in the 6th largest gold reserve in the world.
This acquisition provides Moon a fully registered local company poised for everything from exploration, exploitation, purchase and sale of mineral, acquisition of mines and treatment and processing of all types of minerals including metals, polymetallic and quarries of all kinds, wholesale/retail of various minerals, Marketing, distributing, buying, and selling to wholesale and retail.
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