Replies to post #58411 on Moon Equity Holdings Corp (MONI)

[Maria56]

Does the new CEO appointment imply the departure of the previous CEO?

Kinda requires it, doesn't it? The previous CEO wasn't Nathan Hall. It was Claudio Aballay.

Regardless, the CEO is NOT necessarily the person in CONTROL. (See Claudio Aballay above.) Control of the issuer is held by whoever holds the majority of VOTING shares.

Until an Amendment changes it, the Preferred A have FOUR times the total common shares issued and outstanding per the 2017 Amendment for World Oil Group. As of last report, Nathan Hall held ALL 500,000 of them.

BTW, I don't have a problem with the new CEO, the PR announcing the new CEO, or the OTCM filing of the Material Event of a new officer of wOGI.

What I'm asking is, if Nathan Hall is no longer the person holding the controlling shares, why hasn't wOGI disclosed that? It is every bit as relevant a material event as a new CEO.