Friday, July 24, 2015

U.S. jobless claims drop to 41-1/2-year low

Job-seeker completes an application at a career fair held by civil rights organization National Urban League as part of its annual conference, in Philadelphia

By Lucia Mutikani
WASHINGTON (Reuters) - The number of Americans filing new applications for unemployment benefits last week fell to its lowest level in more than 41-1/2 years, suggesting the labor market maintained a solid pace of job growth in July.
The sturdy jobs picture together with a strengthening housing market brings the Federal Reserve a step closer to raising interest rates this year.
Initial claims for state unemployment benefits declined 26,000 to a seasonally adjusted 255,000 for the week ended July 18, the lowest level since November 1973, the Labor Department said on Thursday. Claims for the prior week were unrevised.
However, last week's drop likely exaggerates the strength of the labor market as claims are volatile during summer when automakers usually shut assembly plants for annual retooling.
Some firms keep production lines running, which throws off a model the government uses to smooth the data for seasonal variations. A Labor Department analyst said there were no special factors influencing the data.
Still, the decline unwound the increase in claims in June.
The dollar pared losses against a basket of currencies, while prices for U.S. government debt fell. Most economists expect the U.S. central bank will hike interest rates in September. The Fed has kept its short-term lending rate near zero since December 2008.
The four-week moving average of claims, considered a better measure of labor market trends as it irons out week-to-week volatility, fell 4,000 to 278,500 last week.
The claims data covered the survey week for the nonfarm payrolls portion of July's employment report.
Though the four-week average of claims increased 1,500 between the June and July survey periods, payroll growth likely remained above the 200,000 threshold this month.
The four-week moving average of claims has been below the key 300,000 mark, which is normally associated with sturdy job gains, for 17 straight weeks - an unusually long stretch.
Payrolls increased 223,000 in June after rising 254,000 in May. Job growth has exceeded 200,000 in 14 of the last 16 months and at 5.3 percent, the unemployment rate is close to the 5.0 percent to 5.2 percent range that most Fed officials consider consistent with full employment.
Thursday's claims report showed the number of people still receiving benefits after an initial week of aid fell 9,000 to 2.21 million in the week ended July 11.
(Reporting by Lucia Mutikani; Editing by Andrea Ricci)

Thursday, July 23, 2015

Effingham County Approves Moon River Studios Master Plan

PR Newswire

RINCON, Ga.July 23, 2015 /PRNewswire/ -- FONU2, Inc. (OTCQB: FONU) ("FONU2") announced today that the Effingham County Board of Commissioners ("Commission") has approved the Company's Master Plan to develop a 1,560 acre full service film production facility. The approval by the Commission is another significant milestone that has been achieved, and was a necessary step prior to construction permits being issued. This follows a critical path that has been created by the Company's management team and its civil engineers. The milestones and dates completed include:

Survey for Water Line: April 2, 2015
Updated Master Plan (submission): April 13, 2015
Survey for Spine Road: April 15, 2015
Engineering Design for Water Line (submission): April 16, 2015
Topo Survey for Studio Site (57 +acres): May 13, 2015
Septic System Drain Field Survey (3+ acres): June 1, 2015
Septic System Soil Investigation: June 14, 2015
Engineering Design for Spine Road (submission): June 15, 2015
Revised Master Plan (submission): July 8, 2015
Further Revised Master Plan (submission): July 14, 2015
County Commission Approval of Master Plan: July 21, 2015

"This is an important project for the county and we are very excited to see the master plan approved," stated Rick Lott, Executive Director of the Effingham County Chamber of Commerce. "This project is led by a hard working, down-to-earth team, and Moon River Studio's success will have a profound effect on economic development for the region. I congratulate the team on this latest milestone."

About FONU2 Inc.: 

FONU2 is a public private partnership film studio and production company that is developing a 1,560 acre full service film production facility inEffingham, Georgia. It also has an equipment rental subsidiary serving coastal Georgia and beyond, and 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, FacebookGoogle + and Twitter.

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.

Copyright © 2015 PR Newswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Company Profile

FONU2 Inc. is a film studio and social commerce company that is actively developing a 1,560 acre film studio complex in Effingham County, Georgia. The studio operates under the name Moon River Studios, Inc., inspired by Savannah musician Johnny Mercer’s song “Moon River” fromBreakfast at Tiffany’s. The facilities and the equipment will be available for rental to production companies as well as utilized by the Company for its own films.

Visit FONU's website:
and for more information on Moon River Studios visit

Social Commerce

Fonu2 is a social commerce company developing a website and mobile app that will provide post-and-list services that are functionally rich with a state of the art, visually appealing, modern look and feel. The primary focus is a post-and-list advertising service that targets and promotes local commerce. However, Fonu2 is looking to expand its product line to offer a full suite of services supporting all aspects of social commerce. These services range from:

  • Specialized applications like Professional Services Lead Generator, AutoFeeder, and ResiView, which focus on specific market sector needs to automate or simplify social commerce business functions.
  • Systems Integration Services: Business to Social Commerce (B2SC) – Custom applications written to allow specific types of businesses to integrate their social commerce needs thru Fonu2.
  • Social Commerce Middleware: Tools and utilities that support various aspects of social commerce, in order to simplify and make clients more productive and secure.
  • Custom Website Development: Websites that take advantage of unique SEO technology and optimize marketing effectiveness.
With the objective of becoming the premier full service social commerce company, Fonu2 will continue to develop its proprietary website and mobile app. In addition, the company will seek strategic partnerships or acquisition of companies with the necessary resources, capabilities, and relationships that will enable rapid attainment of our goals. These will include:

  • Technical workforce skilled in all aspects of web and mobile development technologies.
  • Expertise in infrastructure management, networking and security.
  • Expertise in SEO, social media marketing, traditional marketing with strong partner networks.
  • Online merchant with significant social media or web commerce client base.
Stock Profile
Symbol: FONU
52 Week Range: $0.0014-$2.36
Shares Outstanding: 234 M
Float:  43 M 
Transfer Agent: ClearTrust
Avg Volume (3m): 24,020

FONU's Partners 

Effingham County Industrial Development Authority

The Effingham County Industrial Development Authority (IDA) is an economic development organization authorized by the Georgia State Constitution to promote trade and industry in Effingham County, Georgia. The IDA is responsible for planning sites for industrial development and recruiting new industries to support economic growth and well-being for the county. The IDA currently owns over 4,500 acres in planned industrial property. Effingham County is located within the Savannah, Georgia MSA and is well known for being business friendly, having an excellent public school system and great quality of life.

Foley Design Associates Architects, Inc.

Foley Design Associates Architects, Inc. is a multi-disciplined design firm located in Atlanta, Georgia. Bill Foley leads a team of professionals committed to design excellence, attention to detail, and personal service-responding to the needs of each client and achieving quality design solutions which will satisfy unique program and budget requirements.

Our team approach integrates the disciplines of architecture, land planning, and interior design assuring you a complete and fully coordinated project with design consistency throughout. This sole responsibility eliminates the need for you to intervene between consultants.

Our experience encompasses a variety of project types and has provided us with expertise in the design of sports and recreation facilities, country clubs, churches, hotels, restaurants, office buildings, corporate headquarters, broadcasting, and post-production facilities, schools, libraries, elderly housing, healthcare facilities, multi-family housing, community development, and development planning for commercial parks.

Hussey, Gay, Bell

For more than 50 years, Hussey, Gay, Bell (HGB) has built a firm foundation across the globe by providing innovative engineering and architectural solutions for a diverse array of clients.
As a full-service, multi-disciplinary firm, we offer exceptional service and experience in a comprehensive range of engineering disciplines — civil, water, wastewater, transportation, environmental, geotechnical, and structural. HGB’s architectural division develops designs for a full range of facility types, including educational, industrial, commercial, military, recreational, medical and mixed-use facilities.

Whether expanding into developing markets and new technologies around the world or adding services in anticipation of our clients’ needs, HGB has successfully demonstrated that every project is afforded our commitment to a thoughtful design that is both leading-edge and distinctive, regardless of size or complexity.

Choate Construction

Choate Construction Company generates Value based upon the balance and optimization of Quality, Cost and Schedule. Choate Construction’s unique Project Control System, with its detailed time management protocol and meticulous procedures, actually shortens construction time and lowers cost without reducing quality. Projects are delivered on time and within budget. Value is maximized, and as a result, return on investment for our clients. Value is the client’s ultimate goal; integrity and an unflinching dedication to performance is Choate’s – every project, every time.

Enterprise Rent-a-Car

Founded in 1957, Enterprise Rent-A-Car is an internationally recognized brand with more than 7,000 neighborhood and airport locations throughout North America and Europe. Through tremendous leadership and the entrepreneurial spirit of our employees, Enterprise is the largest car rental brand in North America, well-known for its great rates, award-winning customer service and picking up local car rental customers at no extra cost.

    Senior Managment Team

    Roger Miguel
    Director and Chief Executive Officer

    Miguel has 30 years of successful experience working for Business and Information Technology Outsourcing leaders EDS/HP, Computer Sciences Corp (CSC) and Xerox Business Services. Miguel has achieved major successes managing business units with major Fortune 500 clients such as General Motors, Zurich Financial Services, DuPont, Nortel, Sears, and Johnson & Johnson.

    Graham Bradstreet
    Chief Financial Officer

    Bradstreet joined the Working Title Group of Companies in 1986 which later grew to become the UK’s pre-eminent production company. Bradstreet developed innovative film financing structures and the concept of insurance-backed financing. Through ICE Media, he raised in excess of US$1 Billion of insurance-backed funding that contributed to budgets in excess of US$3 Billion covering more than 100 movies, that generated an excess of US$7 Billion, for both the studio and independent sectors of the film industry.

    Alice P. Neuhauser
    Chief Operating Officer

    Alice 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. Over the course of her career, Ms. Neuhauser has arranged and managed project financing for motion pictures ranging in budget from $2 million to $100 million each, totaling approximately one half a billion dollars. Such financings included some of the largest independently financed pictures includingTerminator 2 (starring Arnold Schwarzenegger) and Cliffhanger(starring Sylvester Stallone). Ms. Neuhauser also managed two $100 million revolving film production credit facilities with two separate syndicates of banks, which helped finance such movies as Basic Instinct (starring Michael Douglas and Sharon Stone) andTotal Recall (starring Arnold Schwarzenegger and Sharon Stone). Alice developed a $100 million motion picture and television production facility from concept through 100% utilization. This 22-1/2 acre studio lot includes 14 state-of-the-art sound states, eight production buildings, a commissary, a four-story office building, and a parking garage. Alice is an honors graduate of Harvard College and earned her MBA from the Anderson School of Management at UCLA.

    Board Members

    Jake A. Shapiro
    Chairman of the Board

    Mr. Joel “Jake” Shapiro, age 44, is a multi-decade financier and serial entrepreneur. He has served as a CEO, founder and consultant to a number of technology, infrastructure, entertainment, apparel and commercial product companies. Mr. Shapiro currently serves as Chairman of the Board of FONU2(OTCQB:FONU), and has previously served as the Chief Executive Officer of Medient Studios, Inc.

    Mr. Shapiro has been an entertainment executive for the past five years, beginning with his founding of Big Jake Music Inc., which was subsequently acquired by a Hollywood based film production company.

    Mr. Shapiro served as President of Lincoln Center Capital, Belle Haven Partners LLC, and its predecessor JS Capital LLC. He also served as the Chief Executive Officer of 360 Global Wine Company which had vineyard and winery operations domestically and overseas.

    He began his finance career in 1992 at the investment-banking firm of M.H. Meyerson & Company. Mr. Shapiro was appointed as one of the youngest Senior Traders for the firm, where he served as a Principal and Executive Vice President, servicing institutional clients and specializing in domestic arbitrage. Mr. Shapiro graduated with honors from Rutgers University, where he also received his MBA with a concentration in finance. Mr. Shapiro also serves on the Tourism Committee of the Effingham County Chamber of Commerce.

    Joe Giamichael
    Board Member

    Giamichael is the founder and Chief Executive Officer of Umbrella Research and Advisory, an emerging growth research and advisory financial services boutique. He has extensive capital markets experience, including over a decade as a publishing analyst and several years as a trader with an emphasis on special situations, as well as having served as an advisor to a middle markets-oriented private equity firm. Giamichael earned his Bachelor of Science degree from Skidmore College and was previously employed by Global Hunter Securities LLC, Rodman and Renshaw LLC, CJS Securities LLC, and Knight Capital Group, and previously served as a board member for Medient Studios, Inc.

    Team Members

    Robert DuVall
    Vice President of Equipment Rental

    Robert DuVall’s career spans 25 years in the technical and sales side of the entertainment industry. DuVall was previously the owner of Savannah Grip & Electric and Director of Audio Visuals at the Savannah International Trade & Convention Center. His expertise is in providing rental equipment, supplies, and crews, as well as consulting for live corporate events, commercials, music videos, television series, and feature films.

    DuVall attended Savannah College of Art and Design for video and holds membership with I.A.T.S.E. Local 491 Studio Mechanics of the Carolinas and Savannah, GA.

    Lisa Scarbrough
    Vice President of Social Media & Community Relations

    As the Vice President of Social Media, Lisa’s responsibilities include updates on the Company’s websites, and, as well as their respective social media. Lisa also oversees community relations for the company.
    Prior to Moon River Studios, Lisa served as the Digital Properties and Online Community Manager for Paula Deen Enterprises and Paula Deen Ventures after having worked for eight years as senior web developer with local web site design and marketing firm eMarketSouth.

    Lisa currently holds degrees from Andrew College, Georgia Southern University, and Duquesne University, and will complete her Master’s Degree in public relations this December from Kent State University.

    In her spare time, Lisa serves as the director for Coastal Pet Rescue, an all-volunteer non-profit organization she founded in 2003, and is “Mom” to four-year-old Ian and nine-year-old DaVinci (her Rottweiler/Husky mix). She also serves on the Tourism Committee for the Effingham Chamber of Commerce.

    Aubrey Storie
    Executive Assistant

    As Executive Assistant, Aubrey is responsible for providing upper management support to CEO Jake Shapiro and the Executive Management team. Prior to joining Moon River Studios, Storie was employed as a Business Manager for Keller Williams Realty and as an Executive Assistant for the Regional Directors with Verizon.
    Aubrey earned an undergraduate degree in Pre-Medicine at Armstrong State University in Savannah and was an original founder of the Alpha Sigma Tau sorority on Armstrong’s campus. The native of Kansas City, Kansas tutors undergraduates in Biology and Math and enjoys golf, kite boarding and bike riding in her leisure time.

    Exciting News Release

    News Alert: New Georgia film studio development a 'better Hollywood'? (

    posted July 13, 2015
    Chairman Jake Shapiro says the Georgia facility is an even "better Hollywood" thanks in large part to its location.

    “Georgia is the place to be, its on fire here in terms of the amount of work going on,” Shapiro told FOX411. “You wouldn’t naturally think to shoot a scene for the Lower East side in Savannah Georgia, but that what’s great about Georgia. Savannah has neighborhoods that look like Brooklyn and the Lower East Side. It has beaches that look like the Caribbean and can pass for the Hamptons, and Atlanta is a phenomenal city that can pass for most big cities in the world.”
    Click here to read the full story.


    Thursday, July 9, 2015

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    Monday, July 6, 2015

    Thursday, June 25, 2015

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    Wednesday, June 17, 2015

    Thursday, June 4, 2015

    Monday, June 1, 2015

    Thursday, May 28, 2015

    Friday, May 22, 2015

    Tuesday, May 19, 2015

    Thursday, April 30, 2015

    Thursday, April 23, 2015

    Wednesday, April 15, 2015

    Thursday, April 9, 2015

    Contact Fonu2

    (912) 655-5321

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    • An investment in the Profiled Company's Securities could result in the loss of some or all of an investment in the Profiled Company's Securities.
    • The issuance of the Securities to EMC may cause shareholders and/or investors of the Profiled Company to experience immediate and substantial dilution of their holdings and/or investments in the Profiled Company
    • Future securities issuances to EMC for services may also result in a reduction of (i) the book value or market price of the Profiled Company's securities, (ii) shareholder voting power; and (iii) each shareholder's proportionate ownership of any Profiled Company.
    • You should consider whether the Profiled Company is a development stage company or has little or no operations or no revenues or assets, the conditions of which may increase the risk investment level of investing in the Profiled Company.
    • You should consider the financial condition of the Profiled Company in your analysis by accessing such information from or; if such financial information is unavailable from either one of these sites, the risk investment level of investing in any such Profiled Company will be increased.
    • Many of the companies are subject to numerous risks particular to the industry that they engage in.
    • We conduct no due diligence whatsoever regarding: (a) the Issuer; (b) the third party shareholder; and (c) the relationship, if any, between the third party shareholder and the Issuer;
    • Our trading activities described above may cause: (a) significant volatility in the Issuer's; (b) price declines from our selling activities; (c) an unrealistic report of trading volume, without denoting publicly that we are the primary seller; (d) permit us to make substantial profits while we are disseminating profiles or information about the issuer, yet may result in a diminished value of the Profiled Company's Securities.
    • We conduct no due diligence on the press releases or profiles we receive from OTC Markets News Service or other publicly available source, nor do we conduct due diligence on any other information we disseminate to the public.
    • Penny stocks are subject to the SEC's penny stock rules and subject broker-dealers to customer suitability rules and other requirements, which may lead to low volume in the securities and/or difficulties in selling the shares.
    • We do not assume any responsibility for forward-looking statements nor do we assume any responsibility for updating forward-looking statements.
    • Use of this information is at your own risk and is presented only on an "as is" basis - in other words, you must conduct your own analysis of the risks associated with use of the Information, including its accuracy or reliability.
    • Many penny stocks are thinly traded, which may lead to difficulties in selling your securities and extreme price volatility.
    • Penny stock companies are often subject to extreme regulatory oversight in the industry that they participate in.
    • Penny stock companies are often subject to extreme competition and most frequently have less brand name recognition, operational and personnel resources, technical resources, capital resources, or financing sources.
    • There is no "right time" to purchase or sell penny stocks or set of factors making it advisable to purchase a Profiled Company's securities "now", since at any time such stocks may be subject to price volatility, stock manipulation forces and other negative market forces.
    • A Profiled Company may have negative signs on the website that indicate various risks of investing in that individual issuer, as follows: (i) "Limited Information" for companies with financial reporting problems, economic distress, or that are unwilling to file required reports with the Pink Sheets; (ii) "Pink Sheets - No Information", which indicates companies that are unable or unwilling to provide disclosure to the public markets, to the SEC or the Pink Sheets; and (iii) "Caveat Emptor", signifying "Buyer Beware" that there is a public interest concern associated with a company's illegal spam campaign, questionable stock promotion, known investigation of a company's fraudulent activity or its insiders, regulatory suspensions or disruptive corporate actions.
    • The Issuer may be delinquent in its filings with the Securities and Exchange Commission or at, which you will be able to determine by accessing the websites or
    • The stock price and trading volume of any Issuer that we advertise may increase significantly as a result of our dissemination of the Information and then significantly decrease as a result of our or others selling significant or massive quantities of an Issuer;
    • Many penny stock companies are subject to risks pertaining to the development stage nature of their business, including that they have failed to provide a proof of concept to their technology or business or their business plan has little if any merit whatsoever.
    • Many penny stock companies are in need of financing, which they may be unable to obtain on favorable terms or at all.
    • Our advertising activities may cause trading volume of a Profiled Company's securities to temporarily increase by hundreds or thousands of percent, yet such trading volume may cease at any one time;
    • Our advertising activities may cause trading volume in Issuers to materially increase, yet such trading volume may cease at any one time, especially if we cease disseminating Information about the Issuers, which will cause difficulties in selling your securities or may be an unrealistic indicator of interest in the Issuer's securities.
    • The Information has no predictive value whatsoever of the future stock price of the Profiled Company's securities or its ability to be successful in its business objectives.
    • Should the SEC determine that inadequate information or irregularities have occurred with a Penny Stock Issuer, they may issue a trading suspension, which will suspend trading in the Issuer's securities and may for all intents and purposes permanently cease trading because broker-dealers may not accept trades in that particular Issuer's securities.
    • The press releases, issuer profiles and information we provide represent only a small amount of information regarding the Issuer, which is insufficient to formulate an investment decision; as such, that information should only be a starting point from which you conduct an in-depth investigation of the issuer from available public sources, such as, and other available public sources; and
    • You should conduct an in-depth investigation of the Profiled Company and its securities from the above or any other credible available sources, especially because we only present positive information and limited specific information which is an insufficient basis to invest in any stock, yet alone a penny stock; accordingly, you should proceed with an investigation to determine, among other things, information pertaining to the issuer's financial condition, operations, business model, and risks involved in the issuer's business.

    Section 17(b) of the Securities Act of 1933 requires that any person that uses the mails to publish, give publicity to, or circulate any publication or communication that describes a security in return for consideration received or to be received directly or indirectly from an issuer, underwriter, or dealer, must fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, stock options, stock warrants) and the specific amount of the consideration. In connection therewith, EMC has received the following compensation and/or has an agreement to receive in the future certain compensation, as described below.

    We may purchase Securities of the Profiled Company prior to their securities becoming publicly traded, which we may later sell publicly before, during or after our dissemination of the Information, and make profits therefrom.  EMC has a contract to receive 1,000,000 shares and $4,000.00 dollars a month from FONU.