Maria56
8 hours ago
So then, new $mONI management knew what the $2,126,014 under "Investments from Acquisitions" in the 3rd quarter filing, published November 19, 2024, represented.
Or not.
Pity they didn't clarify it for investors. Maybe they decided to let it stew a little longer.
MOON EQUITY HOLDINGS
Oct 23, 2024
Moon Equity Holdings ($MONI) has completed their internal audit post merger. Next steps include selecting a PCAOB Auditor for application to uplist to the OTCQB.
SunshineSmiles
9 hours ago
External financial audits are usually conducted by employees of an independent certified public accountant (CPA) firm and include an audit of both financial statements, accounting policies, and internal controls over financial reporting. External audits seek to identify if there are any material misstatements in the financial statements, as well as evaluate the effectiveness of existing accounting practices. An external auditor’s findings result in an auditor’s opinion, included in the financial audit report. This opinion is a crucial accompaniment to the financial statements in helping analysts and investors gain comfort in an organization’s financial condition and performance as stated by management./quote]
Internal financial audits are conducted by employees of the organization known as internal auditors to provide management with an assessment of the effectiveness of financial reporting processes and internal controls over financial reporting. Internal audit teams may complement the work of external auditors to understand the firm’s accounting system based on a pre-agreed plan and meetings. Internal audits help an organization improve its processes and internal controls by performing projects and controls assessments to identify any areas of improvement or deficiencies in the controls and reporting process, allowing the opportunity to remediate those issues before they become a material error (under generally accepted auditing standards, misstatements and omissions are considered material if they could “influence the judgment made by a reasonable user based on the financial statements.”) The results of an internal audit, along with the internal audit team’s recommendations for improvement, are recorded in a financial audit report provided to the organization’s management and board of directors.
External and Internal audits.
Financial audit would include looking at restricted shares that have value.
SunshineSmiles
1 day ago
Uplist still in the works. I stand corrected kinda. Good!
SHERIDAN, Wyo. – Feb. 14, 2025 – Moon Equity Holdings Corp. (OTC: MONI) announced today that it has engaged a third-party firm to conduct a preparation audit as part of its efforts to meet the reporting requirements for an up-list to OTCQB status. The company also plans to implement internal structural adjustments aimed at improving operational efficiency and aligning with its short-term revenue objectives.
“We are taking strategic steps to enhance our position in the defense sector,” said Steven Marshall, CEO of Moon Equity Holdings. “Engaging a third-party firm for the pre-audit is a key part of our commitment to meeting regulatory standards. Additionally, our internal adjustments are designed to support our revenue targets while maintaining financial discipline.”
Moon Equity Holdings remains focused on its goal of delivering solutions within the defense industry and will continue refining its operations to support long-term growth.
About Moon Equity Holdings Corp.
Moon Equity Holdings Corp. is a publicly traded company (OTC: MONI) focused on acquisitions in the AI, hardware, and software development sectors. The company seeks to improve the profitability of acquired entities to enhance shareholder value.
Media Contact:
Steven Marshall
CEO
Moon Equity Holdings Corp.
contact@moonequitycorp.com
JPetroInc
1 day ago
with all due respect Sissy, I don't believe MONI management "did it all wrong"
as a matter of fact, it appears that MONI management may have had little to do with DF's employment termination status ...!
https://x.com/DuaneForrester/status/1890188318731878702
this is from DF's own website and as it states, he basically resigned - and is now unemployed, as per his disclosures:
https://www.duaneforrester.com/posts/startups-are-messy-stay-classy/
"After 8 months of following the path I originally thought was an obvious one for me, I’ve come to realize that while the path may be viable (you can build that business, you can make the money), it’s not entirely aligned with my own goals and how I value my time. I have no interest in dissing anyone else’s direction, but I have a great interest in focusing on what matters to me personally. Pretty sure most of us can say this.
I have always been the type of person who is OK on his own, so when I hit a moment of reflection and determine it’s time for a different path in my life, I make the choice and move forward. I did this with my career at Caesar’s Palace casinos, with my career at Microsoft, at Bruce Clay and again now with Indexr. What’s next? Well, that’s not entirely clear. I’m factually unemployed now, but I have opportunities and I’ll also seek to make opportunities, as is my nature."
I genuinely liked DF, and believe he is a 'class act' and is exceptionally talented. He is an exemplary speaker as well. MONI was lucky to have him at the right place and the right time. MyPressAlert.com is now built and coming out of final beta to the masses. He most likely did an outstanding job with it - and his tenure has run 'his course' - in accordance with his logic, his reasoning, and his decision making. I am no one to question how or why he arrived at the decision that he did, and to leave MONI without another job lined up.
All said, I am really that much more looking forward to the next direction that MONI will be taking over the course of this 12-18 month time frame, from its initial start-up announcement in July, 2024. That 12-18 month time frame is usually the amount of time a start-up requires to ground themselves, and begin flexing their business plan muscles, and financial prowess (revenue generating abilities). And to think we MONI shareholders have suffered no dilution from SRM and MONI itself - none. And from my listening to the Spaces X 2 CC, they indicated they have enough cash both for acquisitions - and to make it through to 2Q25:
https://x.com/i/spaces/1yoKMyDvjgdKQ
SRM @ 3:30 - "With that also we got 20 to 25 (or 2025) plans that we’ve taken the last specifically month-and-a-half to really get the books in order for the company (think PCAOB), and check the necessary boxes so we can actually get ourselves out of the pink sheet market here and to the OTCQB - and there’s some reasons for that that we’ll probably share on calls in the future - that there’s a couple of companies specifically that for us to do business with, we have to get the company out of this specific (market). So, at this point the finance of the company we’re already basically debt free at this point. We have enough operating cash to operate for the next 6 months, including additional cash for future investments. We anticipate being cash flow positive at the end of that point, right around the end of the 6-month mark going into 2Q25.
I will go way out on the limb and say that IMHO, Indexr a.i. will be simply huge. If you stop and think about Gibiru being created in 2008, having collected info from the internet starting at the beginning of the WWW, and now a part of Indexr a.i. - just how much would that be worth to others, given the fact that data has been disappearing from the internet at an unpresented rate. Both Google, Bing, and Yahoo have all been dropping search data for a number of years - that's a fact. Given what DF indicated would be Indexr's revenue projection - and also quoted from a MONI Prospectus that has not been made public - here is what Indexr a.i. projected revenue generation valuation is for the 1st year:
DF @ MM 07:15 - "So it’s a pretty big Market Share that we’re looking at. We’re estimating the Market Share of the total TAM for the Indexr side of things is sitting around $272-Mil./Yr. That estimate would be based upon us capturing a 5% Ad Option Rate, targeting medium to large companies, and so on. It’s a starting point for us. We will refine things as we take a look at them, but we know there is a market there, and we can move into that market.
On the data side for news services, not many dollars attached to this one yet – but its important to understand that these aren’t average consumers – this isn’t the ‘you & me’ of an individual app looking for a new news feed for example. Though this service could certainly power such a thing, that’s not where we’re starting. The starting point - because existing search engines do this so poorly – and there are challenges with this – you know one of our key parts to this is looking at these corporate users, looking at these companies that would be looking for seats and access for information – and we’ve ID all most 200,000 I think the number is the Prospectus is 196,233 of actual companies in the US that would be looking for services like this.
The pricing model we’re still working on. It may be anywhere from $200 to $12,000 depending on who you are and how much data you need. The bottom line though is there is an actual addressable market there. We know that and were excited to lean in on that. Obviously, we’ll be focusing on search data, ranking trends, and so on. We are as we speak spinning out new versions of web crawlers while our new service will effectively be able to capture data at a ‘key word’ level in real time across a number of service types. So not just social media, but a lot of other service types - and aggregate that data into our Indexr. We still want to have real time web crawling. So were building out our own crawlers for news or images for videos – we already have that – and for web. And then of course, a lot of this pays dividends towards other areas. So as Steve was talking about, we have clients that are working on things in areas we cannot talk about. Some of them may become data consumers from these services."
All I can say is stay tuned - more to come - and IMHO, we're in good hands with MONI and Indexr a.i. - which is worth multiple Millions of Dollars.
With just one key stroke and one announcement, we could easily see $0.10 pps and well above. Holding strong and adding where and when I can along the way- until then.
BAF $MONI
AJMHO