Replies to post #81139 on Moon Equity Holdings Corp (MONI)

[WarMachine]

WOW! SO THE GOLD MINE STORY WAS TOTAL~BULLSHIT!!!!

Thanks for the great DD. Nice to see verifiable FACTS.

MONI took advantage of indigenous people? Got the US Dept of Labor involved too.

Here's Franks's last PR declaring MONI is not a scam. Sounds like a total scam to me. Interesting Frankie went dead silent in August. Is it because MONI is under investigation? Read for yourself, before you invest...

Moon Equity Holdings Corp Sets the Record Straight on the Peruvian Transaction - 08/24/2022
https://www.otcmarkets.com/stock/MONI/news/Moon-Equity-Holdings-Corp-Sets-the-Record-Straight-on-the-Peruvian-Transaction?id=370012

Maybe not everyone knows It claims

1.) Moon Equity Holding Corp defaulted on the purchase contract of Minera Radiant
2.) Mr. Darwin Cardenas & his team were never paid for work performed on behalf of MONI.
3.) MONI Control Person took advantage of indigenous people coming out of the Covid 19
4.) MONI's Control Person still owes a large balance for the purchase of the control block and majority shares that were advanced to him and he committed fraud by eliminating the shares without full payment of the purchase of control block shares.

Minera Radiante SAC Filing Charges Against Moon Equity Holding Corp ticker "MONI" for Default

DEERFIELD BEACH, Fla. - Aug. 23, 2022 - PRLog -- After consulting with our lawyers in Peru, USA, and the US Department of Labor we have begun moving forward in filing the first step in mediation before we advance the fraud charges against Moon Equity Holding Corp (http://moonequityholding.com/), its CEO, and its Control Person/Major Shareholder.

A legal document(s) was officially filed on August 03, 2022 (Peru CN#75933), and now Moon Equity Holding Corp has been served!

https://www.prlog.org/12930052-minera-radiante-sac-filing-charges-against-moon-equity-holding-corp-ticker-moni-for-default.html

AND TO FOLLOW UP .....

Does MONI have a history of defrauding the OTC Market and investors?

Minera Radiante SAC Filing Charges Against Moon Equity Holding Corp ticker "MONI" for Default

Moon Equity Holding Corp defaulted on the purchase contract of Minera Radiante, S.A.C. on November 01, 2021, and placed a Press Release of its Purchase on November 02, 2021, at 9:30 am EST in order to defraud the OTC Market and it, investors.

https://www.prlog.org/12930052-minera-radiante-sac-filing-charges-against-moon-equity-holding-corp-ticker-moni-for-default.html

[stervc]

Important: Why that contract was invalid...

For the record, MONI was never officially served. Here's why that is all false and will never hold up in a court of law here in the US which is why it was never further pursued:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171140766

Also, for the record, Frank Ottaviani, the owner and now CEO of MONI had a stroke on Nov 2, 2021, while that voided contract was signed (not by Frank) on Nov 1, 2021. I’ll just say that while Frank was in the hospital and paralyzed at such time, much was being tried to get past him by parties outside of the company to get things incorrectly completed based on what I have learned from doing some further due diligence (DD). Such failed. As of today, Frank is in a much better state and condition mentally and physically.

That contract that you posted was invalid because the sellers of that deal failed to fulfill the obligations within their business sale agreement that was a very simple and specific request that MONI was requiring of them. Read this from the contract you posted in an earlier post which is why the contract was voided:

https://27befe24-a2db-4d34-9cb5-786a421dea4e.filesusr.com/ugd/a6cee0_83d5cb38052f45d89cac383e6d759c64.pdf

After my own further due diligence (DD), I basically learned what MONI had stated within their PR at the end of this post, which was that... the Peruvian mine transaction were terminated at the advice of Moon’s counsel and our auditors when it became apparent that the Peruvian company’s books and records could not be audited and the request for other official documentation could not be obtained to complete our full due diligence. They simply had to provide the MONI Accountant with the proper documentation to allow for the gold mine and processing facility to be validated that it actually existed. Nathan, the previous CEO of MONI back when it was the old ticker WOGI, was the one brokering the deal. Not only did Nathan fail to deliver such to MONI, the Accountant for MONI was told by Nathan that, there in Peru, they only deal in cash and that they don't have any documentation or administrative paperwork to prove the existence of the gold mine and the processing facility. He told the Accountant that it was not required and that he should trust him and take his word. The Accountant informed him that the deal had to be retracted if they could not provide the paperwork to prove the existence of the gold mine and the processing facility. This was after the announcement was made of acquiring this deal. MONI was under the belief that providing such paperwork would not be an issue. It turned out that it was an issue as MONI had no choice except to back away from the deal. I had learned that Nathan was furious. Again, this was basically explained in the PR below at the end of this post.

Look, I'm not saying that Nathan is a bad person, but I believe he had an issue with understanding the importance of not being able to provide any paperwork to the MONI Accountant for validation of the property. The cash had to be validated administratively in order to go into the MONI financials/filings. You can't just take someone's word on the cash generated to put into the filings. From doing my DD, I believe the pictures and videos looked very real as the gold mines and the processing facility could have actually existed. Heck, I believe MONI had a team on the ground as stated in an earlier PR that laid eyes on everything to verify that it was real. However, without the paperwork to validate the existence and the revenues that were supposed to had been generated from the mine, MONI was not able to move forward. Of course, this frustrated Nathan as he felt that someone was challenging his integrity. Such was not the case. It was just the need for the proper way of doing business needing to be officially done.

Let's address another bogus topic floating around. That deal above had absolutely no effect on indigenous people... zero. MONI has no issues at all with the US Dept of Labor. Stating or insinuating such is 100% false and incorrect. Also, thinking such is very ignorant and simply twisting the facts. When I say ignorant I don't mean in a disrespectful way. I mean in its definition of simply not knowing all of the facts. The indigenous people were not able to buy or sell any shares in MONI and MONI had nothing to do with any of them being employed or unemployed. Nobody was taken advantage of. If things would have worked out with the above transaction, MONI would have been able to provide jobs for some of the indigenous people there, but for the reasons I explained above, things simply did not work out.

I strongly suggest all to read this PR again as it explains it well for why MONI had to move on from that deal:

https://www.otcmarkets.com/stock/MONI/news/Moon-Equity-Holdings-Corp-Sets-the-Record-Straight-on-the-Peruvian-Transaction?id=370012
Moon Equity Holdings Corp Sets the Record Straight on the Peruvian Transaction

DELRAY BEACH, FL, Aug. 24, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – To Moon Equity Holdings Corp (OTC symbol MONI) shareholders: The allegations made in the article published 8/23/22 on PRlog.org are completely inaccurate and any threatened litigation against Moon Equity Holding Corp and its shareholders will be vigorously defended. The negotiations pertaining to the Peruvian mine transaction were terminated at the advice of Moon’s counsel and our auditors when it became apparent that the Peruvian company’s books and records could not be audited and the request for other official documentation could not be obtained to complete our full due diligence. This would have adversely affected Moon’s ability to become an audited and fully reporting company.

The transaction whereby the control block was purchased was fully paid for prior to the transfer of the said control block. Any claim to the contrary is false and Moon possesses the records of the payments and subsequent transfer control block as disclosed in Moon’s past financial reporting.

Management is working hard to build shareholder value and has referred the article to its counsel for review.

Safe Harbor Statement

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission.

Forward-Looking Statements

This press release may contain forward-looking statements, including information about management's view of Moon Equity Holdings Corps. future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Moon Equity Holdings Corps subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on future results of Moon Equity Holdings Corp. The forward-looking statements included in this press release are made only as of the date hereof. Moon Equity Holdings Corp. cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Moon Equity Holdings Corp. undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Moon Equity Holdings Corp.

Contact us at: [e-mail]

v/r
Sterling