![](https://investorshub.advfn.com/uicon/64025.png?cb=1709342923)
Tuesday, March 19, 2024 2:00:46 PM
Wikolo couldn't raise any funds from VCs. Seems like their only option is to reverse merge into a dirty shell to sell shares.
1-for-100 Reverse Split would be on order and that doesn't even get them above a buckie. Ouchie!
Pre Reverse Split
Authorized Shares: 750,000,000
Outstanding Shares: 710,512,060
Share Price: $0.01
Post Reverse Split
Authorized Shares: 750,000,000
Outstanding Shares: 7,105,120
Share Price: $1.00
Notice mONI wouldn't proportionally split the authorized shares. They can't. Frank just about blew through all of them paying stock touter and others.
https://y.yarn.co/2d098586-43cd-4a87-8ca0-9eed0a28bd5f_text.gif
Recent MONI News
- Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • InvestorsHub NewsWire • 05/07/2024 01:48:58 PM
Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • BLO • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM