Replies to post #51869 on Moon Equity Holdings Corp (MONI)

[Maria56]

1. Money is still being spent on the OTC Markets that ranges between $3000 dollars every 6 months.

There is no evidence that WOGI is current with its OTCM fees. Companies are not removed because they aren't paying the fees. They pay the fees in order to submit the filings. Last filing (and both that one and the one before were not done according to OTCM guidelines) was in June. Presumably, WOGI was up to date on annual fees then but there is no evidence that WOGI is still up to date and it really doesn't matter because WOGI hasn't filed since June and has a stop sign.

2. Transfer Agents cost between $150.00 dollars to $650.00 dollars per month.

WOGI's TA is Action Stock Transfer Corporation. Website states (empahsis added):

Unlike other stock transfer agents, we do not charge annual maintenance fees, and there is no initial fee to setup your company with our stock transfer service. Our clients only pay for services actually received—there are no hidden fees. We are able to keep our fees low because we keep our overhead low, and the price for every service is given to our clients prior to performance. Our focus is to provide the best possible service to our clients for the lowest possible price.

If WOGI is paying anything for electronic transfers, I doubt it is much.

3. This is just getting started with administration costs that are all normally covered by the investor money.

Say what?



Maybe Claudio is still trying to understand OTCM's Pink Guidelines.