FT. LAUDERDALE, FL — (Marketwired) — 03/04/15 — (OTC PINK: FONU) announced today that Joseph Giamichael has been appointed to the Company–s Board of Directors and Chairman of the Audit Committee. Mr. Giamichael will be taking the position that is being vacated by outgoing Director Nicole Leigh. The Company also announced that is has sold its unprofitable comic book and collectibles business, Zaldiva, for a nominal sum to Ms. Leigh. The Company also approved moving its corporate headquarters to Effingham County, Georgia.
Mr. Giamichael has over a decade of research experience concentrating on the small cap companies. He previously worked as a Managing Director and a Senior Research Analyst at Global Hunter Securities, covering international and industrial companies. Prior to that, Mr. Giamichael was a Director of Research and Senior Research Analyst at Rodman & Renshaw, where he worked in a generalist capacity focusing on several verticals including industrial, agricultural and consumer companies across several geographies, including North and South America, Europe and Asia. His 13+ years in financial services include his time with CJS Securities as a senior analyst, and Managing Director at Knight Capital, where he was a vice president and involved with special situation trading. Mr. Giamichael holds a Bachelor of Science degree from Skidmore College in Saratoga Springs, N.Y.
Mr. Giamichael stated, “I have worked with numerous management teams over my career. Having worked closely with Jake Shapiro, I have extreme confidence in the success of not only the team that he is building, but in the fact that the Studioplex project will succeed and become a major player in the film industry. I am excited to be joining the team and contributing to its success.”
“I wish the Company the greatest success,” stated Nicole Leigh. “After 18 years of service, I feel my time has come to move on. Since meeting Mr. Shapiro, Chairman of the Board, I have personally witnessed him time and time again follow through on his word and on his representations. I have great confidence in this new board and the strategy that this company is taking on. I am anxious to see the company–s great potential coming to reality.”
FONU2, Inc. is a public private partnership film studio and production company that is developing a 1,560 acre full service production facility in Effingham, Georgia. The Company also has an e-commerce division that is actively seeking acquisitions to integrate into the social media networks vis a vis the FONU2 platform. For additional information, visit our website, . You can also follow us on our social network, , and .
FONU2 Corporate Relations
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