RINCON, GA — (Marketwired) — 03/31/15 — (OTC PINK: FONU) announced today that it has signed definitive agreements to acquire Applebox Productions ("Applebox"). The acquisition is structured as an asset purchase consisting of lights, cameras, grip equipment, electrics, production vehicles, etc. The purchase price of One Million Dollars ($1,000,000) is being financed by a combination of traditional equipment loans and seller financing. The seller-financing note is both corporately g
RINCON, GA — (Marketwired) — 03/10/15 — (OTC PINK: FONU) announced today that Alice Neuhauser has been appointed as Chief Operating Officer of the Company.Alice P. Neuhauser has a broad range of operational entertainment experience in financial management, establishment and oversight of corporate, legal and accounting procedures, and business development and strategic planning. Ms. Neuhauser–s career includes financing some of the largest independently financed pictures including (starrin
FT. LAUDERDALE, FL — (Marketwired) — 03/06/15 — (OTC: MDNT) announced that exclusive of Mr. Jake Shapiro, all Officers and Directors of the Company have resigned, and that the Company will be filing to delist and will be filing a Form 25 with the SEC pursuant to Rule 12d2-2(c)(2)(ii). Mr. Shapiro will be temporarily remaining with the Company to facilitate payments to the Company–s creditors and any potential future dividends.
FT. LAUDERDALE, FL — (Marketwired) — 03/02/15 — (OTC PINK: FONU) (OTC PINK: FONUD) announced today Graham Bradstreet has been appointed as Chief Financial Officer.Mr. Graham Bradstreet served as one of three founders of the Working Title Group of Companies in 1986. Working Title grew to become the UK–s pre-eminent production company Mr. Bradstreet developed innovative film financing structures that have established him as one of the leading motion picture financiers in the world. He deve
FT. LAUDERDALE, FL — (Marketwired) — 02/24/15 — (OTC PINK: FONU) (OTC PINK: FONUD) announced today that Penny Marshall has chosen to invest Four Hundred Twenty Five Thousand ($425,000) Dollars of her Directors fees in restricted stock in FONU2, Inc. In addition, her Manager, Michael Mann, has also opted to receive his proportion of his fee in restricted shares of FONU2. Ms. Marshall is currently under contract to direct the movie .Ms. Marshall is an accomplished, award winning television an
FT LAUDERDALE, FL — (Marketwired) — 02/18/15 — (OTC PINK: FONU) (OTC PINK: FONUD) announced today that on an unaudited basis, the Company has approximately $14,500,000 in net assets as a result of the recent acquisition of the 1,560 acre property in Effingham County, Georgia.Roger Miguel, Chief Executive Officer of Fonu2 Inc. stated, "The acquisition of the leased property, along with the zero percent financing and the waiver of all property taxes for the term of the lease, was a huge
FT. LAUDERDALE, FL — (Marketwired) — 02/17/15 — (OTC PINK: FONU) (OTC PINK: FONUD) announced today it has acquired the worldwide distribution rights for the movie Yellow. The movie is written and directed by Nick Cassavetes (The Notebook, The Other Woman…), and stars Heather Wahlquist (Alphadog, The Notebook…), Sienna Miller (American Sniper, Foxcatcher…), Melanie Griffith (Working Girl, Bonfire of the Vanities…), Ray Liotta (Goodfellas, Terminator 2…) and others.Under terms of th
FT. LAUDERDALE, FL — (Marketwired) — 02/12/15 — (OTC PINK: FONUD) (OTC PINK: FONU) ("Fonu2") announced today it has instructed the Company–s Engineers to finalize four design/studies so that construction can begin on the property. Now that the master plan, the development plan, and the DRI have been approved, the Company–s civil engineering firm Hussey, Gay, Bell, & DeYoung ("HGB & D") has been requested to complete several needed studies for topography and soil
FT. LAUDERDALE, FL — (Marketwired) — 02/10/15 — (OTCBB: FONU) (OTCBB: FONUD) (OTCQB: FONU) (OTCQB: FONUD) announced today it has acquired the One Thousand Five Hundred and Sixty Acre (1,560) lease located in Effingham County, Georgia from Moon River Studios, Inc. (OTC PINK: MDNT) ("Moon River"). The purchase price was ten million dollars and ten million shares of Fonu2. Terms of the purchase agreement require that the Fonu2 shares be registered and distributed to all Moon River sh
