Replies to post #1198 on Moon Equity Holdings Corp (MONI)

[J T]

in this case, 3-1 FS, it would fall under no. 2 (25% or greater) which would make the ex-date the day after the paydate, both being after the record date.

you must own it the day before the ex-date at the close to get the split. I don't care when ya buy it.

3 day rule to settle does not apply.

at this point we don't know when the ex-date is or the paydate.

[asiatraveler]

Thanks. I appreciate it. I get the feeling the company was premature in announcing the record date. It will turn out it means nothing and people will have a longer time to get in before the split. Seems like they know how to run their business and are as honest as one can expect from a public company, but I think they either have had bad advisers or are out of their league concerning the public process. They did not even know they had to be DTC eligible when they started the process. What kind of lawyers did they have? They are not even sure about the record date being the day people had to own the stock. They are looking for clarification. Come on, these are things that should have been understood long ago. Does seem like as long as u buy in a day before the ex-date, u will qualify for the split. Since a lack of communication is going on, here is a question. What happens if FINRA does not approve the split as has already been announced?