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PRmaniac

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PRmaniac

Re: None

Thursday, 12/08/2016 4:14:42 PM

Thursday, December 08, 2016 4:14:42 PM

Post# of 24741
Revoked (Moon River Studios - MDNT) - initial decision
MDNT SEC Admin Law Judge Initial Decision to revoke registration:

https://www.sec.gov/alj/aljdec/2016/id1077bpm.pdf

The company Joel (Jake) Shapiro ran into the ground with Manu has now been targeted for revocation. Now waiting to see if they revoke FONU next, because Jake used FONU to hide assets he shifted from MDNT after suspension.

Not sure if the FONU CEO and director Jake Shapiro have formally resigned, yet, but the CEO can't be an officer or director anymore.
http://businessinsavannah.com/bis/2016-09-24/sec-charges-effingham-studio-ceos-fraud
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