This is a great corporate update released by MONI in my opinion. I think it's good that they have laid the mining direction inquiries to rest and is now focusing on Fintech and Crypto as their primary operations. The company has reduced their Outstanding Shares (OS) down by 2.12 billion shares and then another 220 million of its common shares by having those shares canceled. Then they reduced their authorized shares down to 750 million. Then on top of that, they changed the status of their Preferred A shares to be used only as voting shares to only represent the controlling interest votes for the company. This also greatly eliminated any fears of significant dilution that previously existed. No way a stock take this action unless otherwise having intentions to dilute. This confirms that the claims of dilution have been eliminated as there are no intentions of dilution.
Most important with its current operations, BitGift has recently contracted a major company serving over 100,000 merchants globally with over 1 Million wallet users. The contracted partner is active worldwide in 190 countries and completed over $10 Billion in crypto payments since 2013. This is huge in my opinion as this is a huge shot in the arm of credibility. The launch of BitGift is indicated here with its countdown clock indicating the launch date to be in less than 30 days: https://thebitgiftcard.com/