openPR Logo
Press release

Investigation announced for Investors in NASDAQ: MOXC shares over potential Wrongdoing at Moxian, Inc.

09-08-2021 07:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Moxian, Inc. (NASDAQ: MOXC) shares over potential wrongdoing at Moxian, Inc.

An investigation on behalf of investors in Moxian, Inc. (NASDAQ: MOXC) shares over potential wrongdoing at Moxian, Inc.

Certain directors of Moxian, Inc. are under investigation over potential breaches of fiduciary duties.

Investors who purchased shares of Moxian, Inc. (NASDAQ: MOXC) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Moxian, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

Hong Kong based Moxian, Inc. operates a social network platform that integrates social media and business into a single platform in China. Moxian, Inc. reported that its annual Total Revenue rose from $0.37041 million for the 12 months period that ended on September 30, 2019 to $0.94646 million for the 12 months period that ended on September 30, 2020, and that its Net Income over those respective time periods declined from $0.30045 million to $0.7271 million.

On July 26, 2021, Wolf Pack Research published a short-seller report on Moxian, Inc.. In the report, Wolf Pack alleged that "MOXC's main operating subsidiary in China, Moxian (Shenzhen), and its purported VIE, [variable interest entity, a structure commonly used by China-based, U.S.-listed companies] Moyi Shenzhen, do not even have the licenses required to operate an online advertising business in China: MOXC claims that Moxian Technology (Shenzhen) Co., Ltd. ('Moxian Shenzhen') is its main operating entity in China, selling online advertising services in China to foreign companies through its purported VIE, Shenzhen Moyi Technologies Co. Ltd. ('Moyi Shenzhen')."

Shares of Moxian, Inc. (NASDAQ: MOXC) declined from $31.38 per share on July 12, 2021, to as low as $12.40 per share on July 27, 2021.

Those who purchased shares of Moxian, Inc. (NASDAQ: MOXC) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation announced for Investors in NASDAQ: MOXC shares over potential Wrongdoing at Moxian, Inc. here

News-ID: 2386758 • Views:

More Releases from Shareholders Foundation

ALERT: Lawsuit filed for Investors who SOLD shares of Sina Corporation (formerly NASDAQ: SINA)
ALERT: Lawsuit filed for Investors who SOLD shares of Sina Corporation (formerly …
An investor, who sold shares of Sina Corporation (formerly NASDAQ: SINA) in the merger between Seina Corporation and TuSimple Holdings, Inc, filed a lawsuit over alleged violations of Federal Securities Laws by Sina Corporation (formerly NASDAQ: SINA in connection with certain allegedly false and misleading statements made. If you sold a significant amount of shares of Sina Corporation (formerly NASDAQ: SINA) between October 13, 2020 and March 22, 2021, you have
Lawsuit Alert: Investors who lost money with shares of Fluor Corporation (NYSE: FLR) should contact the Shareholders Foundation
Lawsuit Alert: Investors who lost money with shares of Fluor Corporation (NYSE: …
An investor, who purchased shares of Fluor Corporation (NYSE: FLR), filed a lawsuit alleged violations of Federal Securities Laws by Fluor Corporation in connection with certain allegedly false and misleading statements. Investors who purchased shares of Fluor Corporation (NYSE: FLR) have certain options and for certain investors are short and strict deadlines running. Deadline: November 14, 2025. NYSE: FLR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779
Investigation announced for Long-Term Investors in shares of Sable Offshore Corp. (NYSE: SOC)
Investigation announced for Long-Term Investors in shares of Sable Offshore Corp …
An investigation was announced for long-term investors in shares of Sable Offshore Corp. (NYSE: SOC) concerning potential breaches of fiduciary duties by certain directors of Sable Offshore Corp. Investors who are current long term investors in Sable Offshore Corp. (NYSE: SOC) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for current long term investors in
Lawsuit filed for Investors who lost money with shares of Lantheus Holdings, Inc. (NASDAQ: LNTH)
Lawsuit filed for Investors who lost money with shares of Lantheus Holdings, Inc …
An investor, who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH), filed a lawsuit over alleged violations of Federal Securities Laws by Lantheus Holdings, Inc. in connection with certain allegedly false and misleading statements. Investors who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH) have certain options and for certain investors are short and strict deadlines running. Deadline: November 10, 2025. NASDAQ: LNTH investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com

All 5 Releases


More Releases for Moxian

Tactile Pressure Sensor Market Emerging Opportunities and Growth Outlook Forecas …
Los Angeles-United State: QY Research has recently published a research report titled, "Global Tactile Pressure Sensor Market Report, History and Forecast 2017-2028, Breakdown Data by Companies, Key Regions, Types and Application" assessing various factors impacting its trajectory. The global Tactile Pressure Sensor market was valued at US$ 38.5 million in 2024 and is anticipated to reach US$ 101 million by 2031, witnessing a CAGR of 17.0% during the forecast period
Top 15 popping boba wholesalers in China
Popping boba, known for its bursting taste and vibrant flavors, has gained immense popularity worldwide. Originating as a staple topping in bubble tea, it has expanded into desserts, frozen yogurt, cocktails and more. Its appeal lies in its playful texture and ability to enhance beverages and snacks with fruity or unique flavor bursts. The global demand for popping boba is driven by the growing bubble tea market and consumers' appetite
Tactile Pressure Sensor Global Market Report: Growth, Market Size, Competition S …
QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Tactile Pressure Sensor- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.   The global Tactile Pressure
Investigation announced for Investors in shares of Moxian, Inc. (NASDAQ: MOXC)
An investigation was announced concerning potential securities laws violations by Moxian, Inc. in connection with certain financial statements. Investors who purchased shares of Moxian, Inc. (NASDAQ: MOXC), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm focuses on whether a series of statements by Moxian, Inc. regarding its business, its prospects and its operations were materially false and
E-Commerce Automotive Aftermarket | (Flipkart, eBay, Auto Zone, Advance Auto Par …
The growing emergence of creative business models is one of the pivotal factors propelling e-commerce automotive aftermarket industry share. At present, the store, brokerage, and social commerce models have been intensely contributing toward the growth of online commerce. Taking into account the growing popularity of electronic commerce across the automotive sector, many giants in e-commerce automotive aftermarket have been making heavy investments to enhance their storage capacity by developing new
E-Commerce Automotive Aftermarket Analysis by Technology, Application and Region …
Global Market Insights, Inc. has announced the launch of E-commerce automotive aftermarket, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry. In the future, the increasing adoption of emerging technologies such