DELRAY BEACH, FL -- August 24, 2022 -- InvestorsHub NewsWire -- To Moon Equity Holdings Corp (OTC symbol MONI) shareholders:  The allegations made in the article published 8/23/22 on 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.

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