RINCON, GA--(Marketwired - Apr 8, 2015) - FONU2 (OTC PINK: FONU) announced today that it has updated its website to reflect the strategic direction of the Company. As previously announced, among the assets acquired by FONU2 was the Intellectual Property rights to the name "Moon River Studios." The Company has been operating its Studio Construction and film projects under this name.
The URL for the website continues to be www.fonu2.com
"We are happy to have our new website up and running," stated Roger Miguel, CEO of FONU2. He further added, "The website will be consistently updated to reflect the growth of the Company, along with the strong media support that the Company has been receiving."
About FONU2
FONU2 Inc. is a film studio and production and social commerce company actively developing a 1,560 acre film studio complex in Effingham County, Georgia. Pre-construction and engineering have begun on the site with the initial warehouses and sound stages following. In addition to building the studio complex, the Company is in negotiations to purchase various film equipment packages. Both the facility space and the equipment will be used by the Company for its own productions and made available for rental to third parties.
The Company has also acquired the worldwide distribution rights to Nick Cassavetes' Yellow, and will be producing a major motion picture to be directed by Penny Marshall. The Company's social media division has invested in the development of a precision sales and marketing platform that integrates into the social media networks.
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned or required capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of, the company. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, and other risks and uncertainties described in the Company's periodic filings with the Securities and Exchange Commission.