Moon Equity Holdings Corp (MONI)

[bansheeninja]

01/09/2013... The company will be adding 3 new Board members once the name change is official and the ticker has changed. After the name change has been approved and the 3 board members have been elected, the Company will reduce the number of Authorized shares from 120 million to 70 million. The number of outstanding shares shall be reduced to just below 64,539,275 million of which all but 2,946,272 will be restricted. The incoming Board members have also requested that all of the shares owned by the President (50,000,000) have a 2 year restriction on 144 sales or any other type of sale or transfer. The incoming members believe this will attract long term investors as the Company works to move up to the OTCBB and leave the Company with enough shares to use as stock options to hire and retain personnel and future acquisitions.