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MIKEY501

01/08/19 11:20 AM

#15033 RE: Value_Investor #15032

Let see some action FONU $$$$$$$$$$$$$

PRmaniac

01/09/19 9:57 AM

#15036 RE: Value_Investor #15032

FONU is not a clean shell. Could face massive litigation risks due to the fraud by the CEO, former CEO and others. They owe $millions in fines/court costs.

In addition, Kumaran, Shapiro, and Roger Miguel – the CEO of a separate successor public company called Fonu2 that also operated under the name Moon River Studios – are alleged to have backdated and falsified promissory notes as part of a scheme to issue common stock in exchange for financing.

https://www.sec.gov/news/pressrelease/2016-191.html

and

Litigation against Kumaran is ongoing, as is a case against FONU2 founder Roger Miguel.

https://www.ajc.com/business/economy/sec-wins-million-judgment-against-defunct-georgia-movie-studio/72KK8uZTKJw5BRM9ln19CO/

RicFlair

01/11/19 10:02 PM

#15042 RE: Value_Investor #15032

MIKEY501

03/07/19 3:01 PM

#15070 RE: Value_Investor #15032

This is literally the deadiest stock in the OTC this year. Time for some action here.