Replies to post #35773 on Moon Equity Holdings Corp (MONI)

[Steve White]

Just like the paint job Friday........

[Maria56]

Really? See, I took the poster's question to refer to my quote of your post:

an unprecedented launch which will quite literally shake the ground under us all

Consequently, I referred him to you.

As for what I said, verification isn't all that difficult.

CYBK hasn't followed through on anything - oh, except reducing the number of authorized shares, but then those were increased again, just in time to give CC plenty of freely tradable shares to sell and still maintain his majority ownership

CYBK released a statement that shares would be reduced here:
http://www.prnewswire.com/news-releases/cyber-kiosk-solutions-inc-has-filed-an-amendment-with-the-state-of-florida-to-reduce-the-number-of-its-authorized-shares-from-120-million-to-70-million-193270701.html

Mr. Clarke, the CEO of the Company, has agreed to return 65 million shares of his issued and Outstanding Common stock back to the Company in exchange for 65 million in Preferred shares. The Preferred shares will be Non-voting and Convertible at the rate of 1 Preferred share for 1 Common share only if one of the following two events should take place; 1) if the Company or substantially all the Company is sold or 2) if Mr. Clarke becomes holder of less than 50% of the Outstanding shares of Common stock then Mr. Clarke can convert enough of the Preferred to retain 50% control.

Shares were reduced to 70,000,000 per this amendment, Feb 13, 2013:
http://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR\2013\0227\00041261.Tif&documentNumber=P05000066269

Shares were increased to 200,000,000 per this amendment, Feb 7, 2014:
http://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR\2014\0212\00031365.Tif&documentNumber=P05000066269

BTW, only 120,000,000 shares were authorized before CC reduced them to 70M and then upted them to 200M. The PR above also stated:

Between now and March 8 the Company will Amend and file Restated Articles of Incorporation with the State of Florida and file the stamped copy along with the Board of Director minutes on www.OTCMarkets.com. Mr. Clarke will return his certificate for 100 million shares back to the transfer agent in exchange for a new certificate for 35 million restricted shares and be issued a certificate for 65 million shares of newly created Preferred shares.

What is amusing in that there were no Preferred shares in the Q1 2013. Nor in the the Q2, Q3, or 2013 Annual. So, what did CC really do?